We’re happy to lead and happy to co-invest. In every case, we help build strong syndicates with investors who add real value.
We stay actively involved post-investment, connecting founders with the people, partners and resources they need to scale through our Platform efforts and hands-on support.
Food technology includes tech-enabled companies operating anywhere in the food value chain. From post-farmgate to manufacturing, distribution, retail, and foodservice. We do not invest in CPG. We focus on software and hardware for the food system.
Everyone needs to eat. The food sector is a backbone of the world economy. Unfortunately, the food system is inefficient and in need of innovation.
Minnesota is one of the world’s epicenters of food; from food-focused giants like General Mills and Cargill to productive farmland to expansive manufacturing and distribution networks. It’s a state where the future of food is actively being built.
We back digital health and vertical SaaS companies. From workflow software to data platforms and AI-enabled care tools, we invest in tech that powers the future of the industry. We do not invest in FDA-regulated medical devices and pharmaceuticals.
Our thesis centers on tech that democratizes access to quality care. We seek business models built on strong unit economics - typically B2B and software-driven - that play a critical role in the creation and delivery of better care for better outcomes.
Healthcare runs deep here. With a legacy of medical innovation at companies like Medtronic and 3M, a dense network of health systems including the Mayo Clinic, and a culture of public-private collaboration, Minnesota offers rare insight and access for those working to transform the industry at scale.
Enterprise technology includes the range of software and platforms that provide connective tissue for organizations (from large corporations to government to non-profits) to scale and operate effectively and for individuals within that organization to be more efficient.
Enterprise businesses, both small and large, drive economic growth and job creation. We invest in the software that keeps them moving. We're especially focused on the future of supply chain, commerce, and the systems at the core of how the world works, and how it’s rapidly changing.
Minnesota is home to a dense concentration of industry leaders across retail, logistics, manufacturing, and more. With one of the highest numbers of Fortune 500 companies per capita, including companies like Target, U.S. Bank and Best Buy, MN offers a front-row view into how enterprise businesses operate and evolve. We use that vantage point to help founders understand customer pain points, navigate complex decision-making, and build the relationships that drive adoption at scale.
