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The Founder's Handbook

Top 8 Minneapolis Startups to Watch in 2026

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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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Branch 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 Founded2015
FoundersAtif Siddiqi, Divydeep Agarwal
Funding Amount$638.1M
Startup SizeLarge Team (251-1,000)
Last Funding StatusVenture Round
Top InvestorsGeneral 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 Founded1995
FoundersChristopher Seiwald
Funding Amount$30M
Startup SizeMajor Organization (1,001-5,000)
Last Funding StatusPrivate Equity
Top InvestorsClearlake 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 Founded2019
FoundersJoe Connolly, Shelly Lanning, Tom Morley
Funding Amount$37.6M
Startup SizeLean Team (11-50)
Last Funding StatusSeries A
Top InvestorsFlare 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 Founded2018
FoundersGary Klinefelter, Shane Dyer
Funding Amount$43.1M
Startup SizeLean Team (11-50)
Last Funding StatusSeries A
Top InvestorsUlu 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 Founded1995
FoundersBrett Shockley
Funding Amount$20.2M
Startup SizeLarge Team (251-1,000)
Last Funding StatusVenture Round
Top InvestorsKohlberg 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 Founded2014
FoundersJian-Ping Wang
Funding Amount$161.6M
Startup SizeMid-Size Team (51-250)
Last Funding StatusDebt Financing
Top InvestorsAnzu 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 Founded2001
FoundersDeke George, Seth Peter
Funding Amount$500M
Startup SizeLarge Team (251-1,000)
Last Funding StatusPrivate Equity
Top InvestorsTen 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 Founded2021
FoundersDave Anderson, James DonFrancesco, Jason Martin, Scott Wright
Funding Amount$1.8M
Startup SizeFounding Team (1-10)
Last Funding StatusSeed
Top InvestorsGroove Capital

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