Minneapolis is home to a diverse group of startups, with companies in fields from financial technology to cybersecurity. This mix shows a healthy and growing business community in the city.
Leading the pack are companies like Branch, a fintech firm that has raised over $638 million. Cybersecurity company NetSPI also shows the area's strength, having secured $500 million in funding.
Below is our list of 8 Minneapolis startups worth keeping an eye on.
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2,189 Accelerators & Incubators
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1,600+ Unicorns
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250 BioTech & Health Investors
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250 AI Investors
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250 Fintech Investors
List of 250 startup investors in the FinTech and Finance industries, along with their Twitter, LinkedIn, and email addresses.
Get the Sheet for $50Branch offers a financial wellness platform that gives workers instant access to their earned wages and a fee-free digital wallet. Their solution is designed to empower hourly workers by helping them avoid predatory payday loans and overdraft fees.
| Year Founded | 2015 |
| Founders | Atif Siddiqi, Divydeep Agarwal |
| Funding Amount | $638.1M |
| Startup Size | Large Team (251-1,000) |
| Last Funding Status | Venture Round |
| Top Investors | General Atlantic, Techstars, Bonfire Ventures, Right Side Capital Management, M25 |
Perforce Software builds a flexible and scalable platform for version control and team collaboration. Their suite of DevOps tools is used by enterprise teams to manage security, compliance, and speed across the entire technology lifecycle.
| Year Founded | 1995 |
| Founders | Christopher Seiwald |
| Funding Amount | $30M |
| Startup Size | Major Organization (1,001-5,000) |
| Last Funding Status | Private Equity |
| Top Investors | Clearlake Capital Group, Francisco Partners |
Visana Health runs a virtual clinic focused on comprehensive women's healthcare. The company's digital program offers personalized care for conditions like endometriosis and menopause, aiming to improve overall quality of life.
| Year Founded | 2019 |
| Founders | Joe Connolly, Shelly Lanning, Tom Morley |
| Funding Amount | $37.6M |
| Startup Size | Lean Team (11-50) |
| Last Funding Status | Series A |
| Top Investors | Flare Capital Partners, Frist Cressey Ventures, Venture Investors, Noro-Moseley Partners, Intermountain Ventures |
Irrigreen has created a digital sprinkler system that uses AI to water lawns with inkjet-like precision. Their technology maps the exact shape of a landscape to reduce water waste, saving homeowners up to 50% compared to traditional irrigation.
| Year Founded | 2018 |
| Founders | Gary Klinefelter, Shane Dyer |
| Funding Amount | $43.1M |
| Startup Size | Lean Team (11-50) |
| Last Funding Status | Series A |
| Top Investors | Ulu Ventures, Burnt Island Ventures, Sum Ventures, Anorak Ventures, Tamiami Angel Funds |
Calabrio develops an AI-fueled, cloud-first workforce performance suite for customer-centric contact centers. Their all-in-one platform helps teams manage agent scheduling, analyze customer conversations, and improve the overall quality of service.
| Year Founded | 1995 |
| Founders | Brett Shockley |
| Funding Amount | $20.2M |
| Startup Size | Large Team (251-1,000) |
| Last Funding Status | Venture Round |
| Top Investors | Kohlberg Kravis Roberts, Split Rock Partners, BlueStream Ventures |
Niron Magnetics manufactures high-performance permanent magnets using its proprietary iron nitride technology, avoiding the use of scarce rare-earth materials. Their Clean Earth Magnets® offer a sustainable and globally-sourced alternative for electric vehicles, wind turbines, and other industrial applications.
| Year Founded | 2014 |
| Founders | Jian-Ping Wang |
| Funding Amount | $161.6M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Debt Financing |
| Top Investors | Anzu Partners, Magna International, US Department of Energy, University of Minnesota, Stellantis Ventures |
NetSPI delivers enterprise security testing and attack surface management to help organizations identify and fix vulnerabilities. Their team of experts simulates real-world attacks, giving companies a clear view of their security posture and how to improve it.
| Year Founded | 2001 |
| Founders | Deke George, Seth Peter |
| Funding Amount | $500M |
| Startup Size | Large Team (251-1,000) |
| Last Funding Status | Private Equity |
| Top Investors | Ten Eleven Ventures, Sunstone Partners, Kohlberg Kravis Roberts |
NextGem built a social marketplace designed specifically for sports card investors to manage and trade their collections. Their mobile platform combines community features with tools for showcasing and valuing cards.
| Year Founded | 2021 |
| Founders | Dave Anderson, James DonFrancesco, Jason Martin, Scott Wright |
| Funding Amount | $1.8M |
| Startup Size | Founding Team (1-10) |
| Last Funding Status | Seed |
| Top Investors | Groove Capital |