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Venture capital firms in Minnesota

Source: FundingWatcher. Data as of 4 September 2026.

75
Venture capital firms in Minnesota
75
Rows shown
8
Stages recorded
2
Other types here
75 rows
# Name Location Investments Lead Exits People
1 NorthStar Capital Minneapolis, United States 146 8 70 8
2 Groove Capital Minneapolis, United States 124 8 5 23
3 St. Paul Venture Capital Minneapolis, United States 108 28 51 0
4 Split Rock Partners Minneapolis, United States 104 26 44 4
5 Arthur Ventures Minneapolis, United States 95 54 18 16
6 Bread and Butter Ventures Minneapolis, United States 90 20 9 6
7 Great North Ventures Maple Grove, United States 45 8 6 9
8 Affinity Capital Management Minneapolis, United States 42 8 12 0
9 3M New Ventures Saint Paul, United States 39 11 8 0
10 Brightstone Venture Capital Minneapolis, United States 35 4 8 5
11 BlueStream Ventures Stillwater, United States 34 11 11 0
12 Headwater Ventures Minneapolis, United States 33 1 3 3
13 NewBound Venture Capital Minneapolis, United States 29 6 5 3
14 Lemhi Ventures Wayzata, United States 26 16 9 3
15 Allianz Life Ventures Minneapolis, United States 25 8 7 108
16 DFJ Portage Ventures Northfield, United States 25 4 13 0
17 SightLine Partners Minneapolis, United States 22 2 8 0
18 Truehelm Bloomington, United States 17 14 7 6
19 ACTAI Ventures Wayzata, United States 17 1 2 2
20 The Gramercy Fund Minneapolis, United States 17 0 4 0
21 Omphalos Venture Shakopee, United States 16 11 3 0
22 Bridge Builders Collaborative Minneapolis, United States 15 3 4 3
23 Alloy Labs Minneapolis, United States 12 3 0 3
24 Atland Ventures Minneapolis, United States 12 0 1 21
25 Bayview Capital Wayzata, United States 12 0 7 0
26 Deepwater Asset Management Minneapolis, United States 12 0 0 0
27 Traction Capital Spring Park, United States 11 9 1 15
28 Mairs & Power Venture Capital Saint Paul, United States 11 3 1 2
29 Best Buy Capital Eden Prairie, United States 10 3 6 0
30 Three Bridges Private Capital Minneapolis, United States 10 3 0 1
31 Convergent Capital Minneapolis, United States 10 2 4 2
32 Southeast Minnesota Capital Fund Rochester, United States 9 0 0 0
33 Engage Venture Partners Minneapolis, United States 8 5 0 2
34 Coral Capital Management Minneapolis, United States 8 3 5 0
35 Technology Venture Partners US Minneapolis, United States 7 5 1 0
36 Whitebox Advisors Minneapolis, United States 7 4 4 0
37 Coral Group Minneapolis, United States 7 3 6 0
38 Artifact Capital Rockford, United States 7 2 0 2
39 Capita3 Minneapolis, United States 6 1 1 3
40 GDN Holdings Minnetonka, United States 6 0 3 0
41 Rice Park Capital Management Minneapolis, United States 5 3 0 7
42 Brown Venture Group Minneapolis, United States 5 1 0 4
43 Cedar Point Capital Saint Louis Park, United States 5 1 0 0
44 Gravity Fund Minneapolis, United States 5 0 0 2
45 MacroVentures Saint Paul, United States 5 0 0 0
46 Canopy Group Le Sueur, United States 4 2 2 0
47 Tundra Ventures Minneapolis, United States 4 1 0 6
48 Come Up Capital Minneapolis, United States 4 0 1 0
49 New Impact Fund Minneapolis, United States 3 3 0 0
50 Polaris Industries Long Lake, United States 3 3 2 278
51 Imperative Ventures Stillwater, United States 3 1 0 5
52 Omphalos Venture Partners Shakopee, United States 3 1 1 0
53 Squared Circle Ventures Minnesota City, United States 3 1 0 6
54 Securian Ventures Saint Paul, United States 3 0 2 0
55 MPowered Capital Minneapolis, United States 2 2 0 0
56 Farnam Street Financial Minnetonka, United States 2 1 1 0
57 Northern Lights Foundation Duluth, United States 2 1 1 0
58 Big Stone Capital Group Mendota, United States 2 0 0 0
59 Allbrook & Company Minneapolis, United States 1 1 0 0
60 First Green Partners Minneapolis, United States 1 1 0 0
61 New Fashion Pork Jackson, United States 1 1 0 0
62 Excelsior Asset Mgt LLC Eden Prairie, United States 1 0 1 0
63 Pathfinder Venture Capital Funds Minneapolis, United States 1 0 0 0
64 PJC Capital Minneapolis, United States 1 0 0 0
65 Saint Paul Capital Fund Saint Paul, United States 1 0 1 0
66 The Stable, Part of Accenture Song Minneapolis, United States 1 0 0 0
67 Whitefish Ventures Minnesota City, United States 1 0 0 0
68 Brimacomb + Capital Saint Louis Park, United States 0 0 0 0
69 Heartland Equity Management Brooklyn Park, United States 0 0 0 0
70 NACSB Ultimate OpCo Holding Minneapolis, United States 0 0 0 0
71 Noma Capital Minneapolis, United States 0 0 0 0
72 Northern Plains Fund Moorhead, United States 0 0 0 0
73 South Metro Investors Burnsville, United States 0 0 0 0
74 Venture Center Minneapolis, United States 0 0 0 0
75 WGC Enterprises Northfield, United States 0 0 0 0

Table 1. Venture capital firms in Minnesota, by recorded investments. Source: FundingWatcher. Data as of 4 September 2026. Base: 75.

Investment stages

Among these 75
Early stage investors59 Late stage investors28 Seed investors24 Venture investors14 Private equity investors10 Debt investors5 Convertible note investors2 Grant makers2

Other investors in Minnesota

Private equity firms45 Angel investors41

Venture capital firms elsewhere

California3,118 New York1,753 England1,054 Central Region590 Massachusetts522 Texas505 Beijing475 Shanghai387 Florida382 Ile-de-France364 Seoul-t'ukpyolsi356 Illinois315 Hong Kong Island299 Tokyo299 Ontario295 Tel Aviv261 Guangdong252 Berlin220 Maharashtra210 Noord-Holland205 Bayern203 Sao Paulo201 Dubai200 Colorado198
Cite: FundingWatcher, 75 venture capital firms in Minnesota, 4 September 2026. https://fundingwatcher.com/investors/venture-capital-firms/minnesota-united-states/