By combining the power of a traditional venture fund with an active angel group, Groove has accelerated the velocity to countless startups’ first fundings, while activating a new generation of early stage investors.
What makes Groove unique?
Groove invests at the Pre-Seed Stage in small teams with high potential, who have detailed plans for achieving larger, later stage milestones. Our investing thesis is what sets us apart from any other capital sources serving this market
Fund II differentiators include:
We’ve created a model that offers the potential to produce compelling venture returns, while making a lasting impact on our community and world.
Leading or joining Pre-Seed and Seed Stage funding rounds
Past Concept Stage, with a working prototype or proof of concept
Evidence of an ability to expand product or service offerings and secure market share, favoring those with a competitive advantage
A clear purpose and demonstrated perseverance to meet or exceed goals
Focused on companies headquartered or operating in Minnesota, but will make an exception for compelling startups located in neighboring ecosystems
We invest in many industries, but favor those verticals that can be supported by Minnesota’s most robust resource networks
Groove Capital is relentless in its pursuit of identifying and investing in the area's most promising early stage startups. Though we invest in a wide range of industries, a common thread runs through every Groove investment: we support great teams, who have demonstrated an ability to execute, with some evidence of a defensible advantage, in a market that is compelling.
Groove Capital is where Minnesota’s visionaries & investors come together to accelerate the products and services that make the world a better place.
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