Top 13 Startups in Minnesota in 2024

Updated:

February 9, 2024

Unicorns Startups Failed Startups Accelerators & Incubators

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CTA

Countless startups in the Minnesota are being launched every day.

Many fail because they did not learn from the success of other companies who've managed to rise above.

We just published this list of 13 well-known and fast-growing Minnesota companies that impressed investors.

13 Startups in the Minnesota

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2,189 Accelerators & Incubators

Information about the industries, countries, and cities they generally invest in.

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1,016 Unicorns

Information about their valuation, HQ's location, founded year, name of founders, funding amount and number of employees.

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1,190 Unicorns

Information about their valuation, HQ's location, founded year, name of founders, funding amount and number of employees.

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250 FinTech Investors

List of startup investors in the FinTech industry, along with their Twitter, LinkedIn, and email addresses.

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250 BioTech & Health Investors

List of startup investors in the BioTech, Health, and Medicine industries, along with their Twitter, LinkedIn, and email addresses.

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250 AI Investors

List of 250 startup investors in the AI and Machine Learning industries, along with their Twitter, LinkedIn, and email addresses.

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1) Upsie

Upsie is a smartphone app that offers warranties for electrical and appliance purchases.

Details of the startup:

Started in: 2015
Founders: Clarence Bethea
Industries: Apps, Insurance, Mobile, Mobile Apps, Software
Number of employees: 11-50
Funding: $26,380,000
Funding rounds: 6
Number of investors: 36 (Techstars, Backstage Capital, True Ventures, Village Capital, Kapor Capital)

You can find their website here.

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2) Mayo Clinic

MayoClinic is a not-for-profit medical practice and medical research organization dedicated to providing integrated health care, education, and research.

Details of the startup:

Started in: 1919
Founders: Augustus Stinchfield, Charles Horace Mayo, Christopher Graham, Donald Balfou, Henry Stanley Plummer, Melvin Millet, William James Mayo
Industries: Biotechnology, Health Care, Medical, Non Profit
Number of employees: 10001+
Funding: $386,100,000
Funding rounds: 6
Number of investors: 3 (National Institutes of Health, U.S. Department of Defense, Jay Alix)

You can find their website here.

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3) Bright Health

Bright Health is working on a health insurance platform that will provide a high-quality healthcare experience.

Details of the startup:

Started in: 2015
Founders: Kyle Rolfing, Robert John Sheehy, Tom Valdivia
Industries: Health Care, Health Insurance, Hospital, Insurance, InsurTech
Number of employees: 501-1000
Funding: $1,575,000,000
Funding rounds: 5
Number of investors: 17 (Bessemer Venture Partners, New Enterprise Associates, Tiger Global Management, T. Rowe Price, Redpoint)

You can find their website here.

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4) Sentera

Insights into analytics and machine learning for digital agriculture.

Details of the startup:

Started in: 2014
Founders: Eric Taipale, John Hudson
Industries: Agriculture, AgTech, Analytics, Artificial Intelligence, Farming, Machine Learning, Robotics, Software
Number of employees: 51-100
Funding: $53,000,000
Funding rounds: 4
Number of investors: 8 (S2G Ventures, Caisse de Depot et Placement du Quebec, AgFunder, iSELECT FUND, Middleland Capital)

You can find their website here.

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5) Arctic Wolf

By providing security operations as a concierge service, Arctic Wolf assists businesses in reducing cyber risk.

Details of the startup:

Started in: 2012
Founders: Brian NeSmith, Kim Tremblay
Industries: Cyber Security, Information Technology, Network Security, Software
Number of employees: 501-1000
Funding: $348,200,000
Funding rounds: 6
Number of investors: 13 (Redpoint, Viking Global Investors, Lightspeed Venture Partners, Adams Street Partners, Blue Cloud Ventures)

You can find their website here.

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6) Edmentum

Edmentum offers online learning programs that help students achieve academic and professional success.

Details of the startup:

Started in: 1989
Industries: E-Learning, EdTech, Education, Enterprise Software
Number of employees: 501-1000
Funding: $25,000,000
Funding rounds: 1
Number of investors: 2 (Tennenbaum Capital Partners, New Mountain Finance Corporation)

You can find their website here.

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7) Rae Wellness

Rae Wellness is a health and wellness company that sells vegan, non-GMO, and gluten-free vitamins.

Details of the startup:

Started in: 2019
Founders: Angie Tebbe, Eric Carl
Industries: Dietary Supplements, Health Care, Organic Food, Pharmaceutical, Wellness
Number of employees: 11-50
Funding: $18,450,000
Funding rounds: 2
Number of investors: 4 (M13, Able Partners, PowerPlant Partners, Victress Capital)

You can find their website here.

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8) NetSPI

NetSPI is a cybersecurity firm that specializes in enterprise security testing and management of attack surfaces.

Details of the startup:

Started in: 2001
Founders: Deke George, Seth Peter
Industries: Computer, Cyber Security, Information Technology, Network Security
Number of employees: 101-250
Funding: $90,000,000
Funding rounds: 2
Number of investors: 3 (KKR & Co., TenEleven Ventures, Sunstone Partners)

You can find their website here.

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9) Miromatrix Medical

Miromatrix Medical is working on developing fully biological human organs as well as organ-derived biological goods.

Details of the startup:

Started in: 2009
Founders: Doris Taylor, Harald Ott
Industries: Biotechnology, Health Care, Medical, Medical Device
Number of employees: 11-50
Funding: $70,478,496
Funding rounds: 8
Number of investors: 3 (CareDx, Brightstone Venture Capital, National Institute of Diabetes and Digestive and Kidney Diseases)

You can find their website here.

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10) Civic Eagle

Civic Eagle creates software that automates the process of finding and analyzing legislation and rules for businesses.

Details of the startup:

Started in: 2015
Founders: Damola Ogundipe, Shawntera Hardy, Yemi Adewunmi
Industries: B2B, SaaS, Software
Number of employees: 1-10
Funding: $2,250,000
Funding rounds: 8
Number of investors: 17 (Alumni Ventures Group, Techstars, Backstage Capital, Comcast, ff Venture Capital)

You can find their website here.

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11) Code42

Data loss protection, visibility, and recovery solutions are all provided by Code42.

Details of the startup:

Started in: 2001
Founders: Brian Bispala, Matthew Dornquast, Mitch Coopet
Industries: Big Data, Cyber Security, Enterprise, SaaS, Security, Software
Number of employees: 501-1000
Funding: $137,500,000
Funding rounds: 3
Number of investors: 5 (New Enterprise Associates, Accel, JMI Equity, SharesPost Investment Management, Split Rock Partners)

You can find their website here.

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12) Total Expert

Total Expert is a software as a service (SaaS) company that creates enterprise-grade marketing operating systems (MOS) for financial services firms.

Details of the startup:

Started in: 2012
Founders: Joe Welu
Industries: Financial Services, FinTech, Marketing Automation, Real Estate, SaaS, Software
Number of employees: 101-250
Funding: $86,000,000
Funding rounds: 3
Number of investors: 4 (Emergence, Georgian, Rally Ventures, Arthur Ventures)

You can find their website here.

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13) Perforce Software

Perforce Software's collaboration and version control technology is the most flexible and scalable in the business.

Details of the startup:

Started in: 1995
Founders: Christopher Seiwald
Industries: Analytics, Information Technology, Robotics, SaaS, Software
Number of employees: 251-500
Funding: $30,000,000
Funding rounds: 2
Number of investors: 2 (Francisco Partners, Clearlake Capital Group)

You can find their website here.

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