Angel investors in Minnesota are individuals who invest their own money in early-stage companies, often through angel groups and networks in cities such as Minneapolis, Saint Paul and Rochester. Most private raises are made with accredited investors under federal Regulation D exemptions, with state notice filings where required. PitchStreet currently lists 3 member profiles based in Minnesota: 1 investor and 2 ventures seeking funding.
Minnesota is known for medical devices and healthcare, including the Mayo Clinic in Rochester, and many large food, agriculture and retail companies are based in the Twin Cities.
Investors in Minnesota most often back companies in medical devices, healthcare and food and agriculture. The profiles below are from members who list Minnesota as their location, followed by members in nearby states.
Minnesota at a glance
- Major business centres: Minneapolis, Saint Paul, Rochester and Duluth
- Key industries: medical devices, healthcare, food and agriculture, retail and financial services
- Universities and research institutions: University of Minnesota and Mayo Clinic (Rochester)
- Neighbouring states: Wisconsin, Iowa, South Dakota and North Dakota
How to raise money in Minnesota
Start with the people closest to your market: angel groups and pitch events in Minneapolis and Saint Paul, university and research networks such as University of Minnesota, accelerators, and founders who have already raised in Minnesota. Investors on PitchStreet list how much capital they have available, so you can shortlist before you reach out.
Most U.S. startups raise from accredited investors under Regulation D. For individuals that generally means income above $200,000 a year ($300,000 with a spouse or partner) or a net worth above $1 million excluding their home. Minnesota may also require a notice filing for your offering, and some states offer tax credits for investing in qualified small businesses. Ask a securities lawyer which rules apply to your raise.
What investors in Minnesota look for
Beyond a strong team and early traction, investors tend to know their own region's leading industries best. In Minnesota that means medical devices, healthcare and food and agriculture. If your company fits one of them, say so, and point to local customers, partners or talent that give you an advantage.
