There are 273 funded startups in Minnesota in the FundedIQ database, each with its funding rounds, amounts, investors, industries, locations and company details. This page provides an overview of the startup funding landscape in Minnesota, along with the 100 most recently funded startups there.
The median disclosed round is $5.0M, with the middle half of rounds falling between $1.5M and $30M. Health Care, Biotechnology and Community and Lifestyle hold the most companies by sector. Minneapolis and Saint Paul hold the deepest concentrations of funded startups in Minnesota. Startups in Minnesota closed 116 funding rounds over the last 24 months, 66 of them in the last 12 months, and raised $5.5B in disclosed capital.
Health Care and Biotechnology lead the region, with Groove Capital appearing often. Activity centers on a few primary cities, though Community and Lifestyle ventures appear in smaller towns. This concentration means a tight geographic focus for those targeting Seed or Series A rounds. Most opportunities cluster in urban cores, while AI and Financial Services remain localized to those same metropolitan areas.
Minnesota funded startup statistics
Funded startups in Minnesota
273
tracked in the database
Funding rounds, last 12 months
66
116 over 24 months
Disclosed capital raised, 24 months
$5.5B
93 of 116 rounds disclosed an amount
Median round size
$5.0M
middle half $1.5M to $30M
Most recent funding round on record: Aug 2026.
Investors appearing most often across Minnesota funding rounds: Groove Capital.
100 most recently funded startups in Minnesota
100 of 273
Ordered by the date of the latest funding round. Each row gives the company, its
location and industry, what it does, the stage and date of that round, and the disclosed
amount.
Startups in Minnesota closed 116 funding rounds over the last 24 months, 66 of them in the last 12, adding up to $5.5B in disclosed capital.
Round sizes
The median disclosed round is $5.0M, with the middle half running from $1.5M to $30M. 93 of 116 rounds disclosed an amount.
Sectors
Health Care, Biotechnology and Community and Lifestyle hold the most companies, led by Health Care at 56. The most common headcount band across the segment is 11-50.
Industries with the most funded startups in Minnesota
Sector counts across all 273 tracked companies in Minnesota. A company assigned more than one industry is counted in each.
A further 82 rounds in this period were announced without a stage label and are not ranked above.
About the FundedIQ Minnesota startup funding data
FundedIQ tracks announced startup funding rounds and organises them by company, funding
date, stage, amount, industry, location and investor. The dataset is refreshed weekly, and
new rounds are normalised and de-duplicated before they are published, so the same round
reported twice on different dates is recorded once.
Figures on this page cover the 273 funded startups in Minnesota currently tracked.
Round counts, capital totals and the median round are computed over a trailing 24 months.
Rounds whose amount was not disclosed (23 of 116 in that period) are counted as rounds but excluded from capital totals and from the median. The most recent round on record for funded startups in Minnesota is dated Aug 2026.
The table above shows the 100 most recently funded companies. Full funding histories,
investor lists and founder contacts across the whole dataset open on a FundedIQ plan.
Frequently asked questions
How many funded startups are there in Minnesota?
FundedIQ tracks 273 funded startups in Minnesota. This page lists the 100 most recently funded of them, ordered by the date of their latest round, and the full set is available on a FundedIQ plan.
How much funding have startups in Minnesota raised?
Startups in Minnesota tracked by FundedIQ have raised $5.5B in disclosed capital across 116 funding rounds over the last 24 months, including 66 rounds in the last 12 months. 93 of those 116 rounds disclosed an amount; undisclosed rounds are excluded from the capital total.
What industries have the most funded startups in Minnesota?
Health Care has the most, with 56 companies, followed by Biotechnology (32), Community and Lifestyle (16) and Financial Services (14). Sector counts include every company assigned that industry, and a company can carry more than one.
Which cities have the most funded startups in Minnesota?
Minneapolis leads with 119 companies, then Saint Paul (41), Eden Prairie (13) and Plymouth (11).
What is a typical funding round size for startups in Minnesota?
The median disclosed round over the last 24 months is $5.0M, and the middle half of rounds fall between $1.5M and $30M. Round sizes vary widely by stage, so the seed and later-stage bands sit well either side of that figure.
What is the most common funding stage for startups in Minnesota?
Seed is the most common labelled stage, with 15 rounds in the last 24 months, ahead of Series B (6) and Series A (5). A further 82 rounds were announced without a stage label and are not counted here.
How often is the Minnesota startup funding data updated?
The dataset is refreshed weekly. New rounds are normalised and de-duplicated before they are published, and the most recent round currently on record for funded startups in Minnesota is dated Aug 2026. Counts and totals on this page are recomputed on every refresh.
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