Top 21 Investment Powerhouses: Venture Capital Firms in Minnesota

5
min read
Top 21 venture capital firms in Minnesota Main

Top 21 Investment Powerhouses: Venture Capital Firms in Minnesota

5
min read
Get started
Top 21 venture capital firms in Minnesota Main
Top firms trust Inven to find niche companies

Venture capital firms operate at the intersection of innovation and finance, providing the requisite backing for startups poised for substantial growth in Minnesota. These firms specialize in sourcing and facilitating funds for strategies built around transformative, often disruptive, technologies - aiming to reshape industries. Driven by a similar core principle of fostering creativity, each venture capital firm brings a unique approach, targeting various sectors and offering additional strategic support. This landscape in Minnesota is continuously evolving, driven by emerging technological trends and the shifting dynamics of competitive markets. As investment patterns change, venture capital firms' role in Minnesota's economic growth and technological advancement becomes increasingly prominent.


Top 21 venture capital firms in Minnesota

1. Atland Ventures

Atland Ventures is a venture capital firm that supports innovative startups in various industries. They focus on companies that leverage disruptive technologies to make a significant impact. With a strong emphasis on the Midwest region, Atland Ventures provides funding and strategic guidance to early-stage companies.


2. Groove Capital

  • Website: groovecap.com
  • Headquarters: Minneapolis, Minnesota, United States
  • Founded: 2020
  • Headcount: 1-10
  • LinkedIn

Groove Capital is a pre-seed investment company that accelerates innovative products and services in Minnesota by connecting visionaries and investors. They offer funding and mentorship to startups.


3. Traction Capital

Traction Capital is a Minnesota venture capital and private equity firm that invests in early-stage and middle-market growth startups with financial and 'smart' capital. They offer access to a network of industry experts and resources to position their portfolio companies for rapid growth and attractive business acquisition.


4. Great North Ventures

Great North Ventures is a venture capital fund that funds, builds, and scales innovative tech companies in rising tech cities outside traditional VC hubs.


5. True Value Products

  • Website: tvp.com
  • Headquarters: Minneapolis, Minnesota, United States
  • Founded: 2006
  • Headcount: 11-50
  • LinkedIn

Technology Venture Partners is a venture-capital firm with more than $250 million under management. Their team of principals have more than 50 years of combined successful venture-investing experience, including direct involvement in over $25 billion of transactions for technology companies.


6. Gopher Angels

Gopher Angels is a Minnesota-based investment network committed to driving Midwest innovation through angel investment, investor education, and elevated access to deal flow. The network consists of diverse, accredited angels who collaborate to make informed investment decisions, providing investors with access to investing education, elevated deal flow, and facilitated due diligence.


7. Biz Plan Review

  • Website: bizplanreview.com
  • Headquarters: Minneapolis, Minnesota, United States
  • Headcount: 1-10

We are a small boutique consulting practice located in Minneapolis, Minnesota. We specialize in assessing business opportunities and advising clients along their path to raising capital or selling their businesses. Our team brings vast experience and knowledge to assist you in making your business plan as compelling as it can be. Over the course of our careers we have read and analyzed thousands of business plans and financial statements, and have put countless clients in front of investors. We believe the principal objective of a business plan is to generate interest, either in the form of a meeting or conference call, from potential investors. Our goal is to provide you with an Honest Assessment Review of your business plan, identify its core strengths and weaknesses, offer guidance and suggestions, focus your efforts properly, and assist you in creating a document that will not dissuade potential investors.


8. innovosource

Innovosource is a research institution-focused company that supports universities to form strategic industry and investor relationships through gap funding and accelerator programs.


9. Cloudburst, SBC

Startup founders no longer have to be technical to succeed, but there’s much more to startups than technology. Cloudburst helps non-technical founders build tech companies that succeed. With deep entrepreneurial experience and a product-led approach, we are committed to helping founders solve meaningful problems through tech. If you have a dream that involves technology, we'd like to hear about it, no matter how early or far-fetched it seems. Get started by scheduling a conversation with our CEO Zack Steven: https://calendly.com/zacksteven/


10. Funded.com

  • Website: funded.com
  • Headquarters: Saint Paul, Minnesota, United States
  • Headcount: 1-10

I created Funded.com to help business owners trying to start or run a business while seeking funding from Venture Capital, Angel Investors, Private Equity Companies, Banks, SBA, Grants and Individual Investors. Funded.com's services provide business owners professional support every step of the way, from concept to operation to financing and even many stages there after. Funded.com was established to provide a vast network of business people, entrepreneurs, partners and service providers to help you start, finance and run your business.


11. Entrepreneur &a; Innovation Exchange

  • Website: eiexchange.com
  • Headquarters: Minneapolis, Minnesota, United States
  • Founded: 2014
  • Headcount: 1-10
  • LinkedIn

Entrepreneur &a; Innovation Exchange


12. Brown Venture Group

Brown Venture Group, LLC is a venture capital firm exclusively for Black, Latino and Indigenous technology startups.


13. Split Rock Partners

  • Website: splitrock.com
  • Headquarters: Eden Prairie, Minnesota, United States
  • Founded: 2004
  • Headcount: 11-50
  • LinkedIn

Split Rock Partners is an investment firm that invests in leading software, internet services, and healthcare companies. They provide capital at all stages of company development and offer flexible investment strategies including direct primary and blended structures.


14. Robbie Cordo, Inc.

I provide strategic advice to startups and help them attract early-stage capital. I am looking for entrepreneurs that need help raising Angel or Seed-stage capital and want to transform their startup into a fully-functional business. I am also looking for angel investors interested in a new source of deal flow for pre-qualified opportunities. I teach and empower entrepreneurs to: • Accelerate their startup’s success. • Improve their investor-facing documents. • Raise more capital faster. • Make better business decisions faster thereby avoiding costly mistakes saving time and money. Summary A former startup CEO who turned around a failed company. I have extensive contacts in the national Angel & VC investor and startup communities. My proprietary investor prep tools anticipate many questions investors will ask and help prepare the entrepreneur to go to capital. It is extremely difficult to raise money once an entrepreneur ventures outside of funds from their friends and family. Fundraising success with friends & family is not an indicator an entrepreneur will be successful with angel investors. Please contact me for a free meeting and review of your business opportunity and ask me for client references. Robbie played a crucial role in helping StoryWorksOnDemand raise money under an incredibly tight deadline at a critical point in its growth. - Jeff Fritz, CEO & Serial Entrepreneur Key Career and Consulting Accomplishments • Increased revenues 10-fold, eliminated $1M in debt, and achieved profitability in 3 years by reconfiguring finances and redefining target markets to turn around a failed company. • Improved the bottom line by $60k/mo. of a company by redefining the finance and go-to-market strategy and tactics. • Advised an investor to participate in the TESLA IPO. His gain is approximately $30M on a $119K investment. • Assisted in raising millions of dollars from investors for startups.


15. Forge North

Forge North is a startup community catalyst based in Minneapolis-Saint Paul. They provide resources, events, and connections for entrepreneurs, investors, and support organizations to collaborate and grow their businesses.


16. Hannover Ltd.

Hannover Consulting is a partnership of experienced professionals who provide growth and financial management consulting services, implementation services, and corporate and project financing services.


17. Great North Labs

Great North Labs is a venture fund and venture studio that works towards an inclusive innovation economy and makes Minnesota a great place to launch tech products with social impact.


18. Coral Group

  • Website: coralgrp.com
  • Headquarters: Minneapolis, Minnesota, United States
  • Founded: 1992
  • Headcount: 11-50
  • LinkedIn

Coral Group is an investment company that accelerates innovative technologies, products, and solutions from concept to scale. They have a proven track record of identifying emerging markets, scaling companies, and transforming them through holistic solutions. With backgrounds as founders, operators, and investors, their team brings extensive expertise and networks to elevate each company they engage with.


19. 3C Capital Partners

3C Capital Partners, a Member of the RAIN Fund Network 3C Capital is an angel investment group headquartered in Northfield, Minnesota. As part of RAIN Source Capital’s RAIN Fund Network, we are able to share prospective deals with the entire network to collectively raise a good portion or all of the capital that a growing company needs. The RAIN Fund Network is a multi-state network of RAIN funds that works with angel investors who are interested in supporting growing companies. RAIN Source Capital helps bring together like-minded angel investors to form individual RAIN funds, like 3C Capital, and then provides these funds with capital, a process for due diligence, legal templates, management support, access to deal flow and other resources.


20. The Network Connect

WHO WE ARE The Network Connect is a network of angel investors, groups and funds including mentors and advisors. The Network Connect is an initiative to connect investors with companies seeking to raise capital and provide resources for businesses. Our network of service providers and business partners can support any company. We help fuel business growth and success by helping businesses expand their networks. WHAT WE DO We connect businesses with investors. Entrepreneurs, CEOs and business people come to The Network Connect for information helpful to growing a business. Throughout the year, we conduct events and programs for investors, entrepreneurs, business owners, and business people seeking connections and information about the funding process.


21. NewBound Venture Capital

NewBound VC is a venture capital that invests in Seed and Series A stage companies focused on lifestyle brands and consumer-centric technology. They provide support to entrepreneurs creating scalable businesses approaching an inflection point in their growth.


Want to find more venture capital firms?


If you want to find more companies that provide funding, strategic guidance, and valuable industry networks you can do so with Inven. This list was built with Inven and there are hundreds of companies like these globally.


With Inven you'll also get to know the company's:


  • Ownership: Which of these are private equity backed? Which are family-owned?
  • Contact data: Who are the owners and CEO's? What are their emails and phone numbers?
  • Financials: How do these companies perform financially? What are their revenues and profit margins?

...and a lot more!

Get started with Inven
Find companies 10x faster with Inven
Mock-up images of Inven UIGet started
Get Started Today!
See how Inven can help you source deals, find acquisition targets and potential buyers!
Get started

Keep on reading

More articles

Top 23 private equity firms in Rhode Island Thumbnail
Top 23 private equity firms in Rhode Island Main
Rhode Island's Top 23 Private Equity Firms
Explore Rhode Island's top private equity firms, such as Providence Equity Partners and Nautic Partners, driving growth in diverse sectors.
Top 25 solar panel manufacturing companies in Louisiana Thumbnail
Top 25 solar panel manufacturing companies in Louisiana Main
Top 25 Louisiana-based Solar Panel Manufacturers
Discover the top 25 solar panel manufacturing companies in Louisiana. Learn about suppliers like ADT Solar and Sunpro Solar Energy Specialists who contribute to renewable energy solutions.
Top 24 luxury travel agencies in Alabama Thumbnail
Top 24 luxury travel agencies in Alabama Main
Alabama's Top 24 High-End Travel Agencies
Discover the epitome of travel luxury with Alabama's top 24 travel agencies. Revel in meticulously planned vacations by companies like Go Time Travel and Brownell Travel.