Minneapolis–Saint Paul
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Startup funnel
Minneapolis–Saint Paul's startup funnel
Companies headquartered in Minneapolis–Saint Paul at each stage today, by total VC raised. Hover or tap a bar for the split.
Source: Dealroom.co
Quarterly report
Minneapolis–Saint Paul's latest quarter in venture capital
Venture capital raised by Minneapolis–Saint Paul-headquartered companies each quarter since 2020, split by round size, with detail on the latest complete quarter.
Latest complete quarter
Loading VC raised by Minneapolis–Saint Paul-headquartered companies…
Enterprise value
How much Minneapolis–Saint Paul’s VC-backed companies are worth
Combined enterprise value of VC-backed companies headquartered in Minneapolis–Saint Paul, founded since 1990 and still operating, at the end of each year. Companies stay in the total after they list or are acquired.
VC investment
How much venture capital flows into Minneapolis–Saint Paul
VC investment into Minneapolis–Saint Paul-headquartered, VC-backed companies, broken down by round size, company location, sector and funding stage.
Largest rounds
Largest funding rounds in Minneapolis–Saint Paul
A live treemap of the largest VC rounds. Each cell is one round into Minneapolis–Saint Paul-headquartered companies, grouped by Dealroom sector.
Largest rounds in Minneapolis–Saint Paul - 2026
Academia
Minneapolis–Saint Paul's academic flywheel
Companies founded by university alumni or spun out of research, plus the institutions producing the most founders tied to Minneapolis–Saint Paul.
Location comparison
How Minneapolis–Saint Paul stacks up
Compare Minneapolis–Saint Paul with peers from the same country (United States) — switch between combined EV, EV growth, and a growth × size view. Expand the table for the full ranking.
Combined enterprise value of each ecosystem.
Top cities in United States ranked by combined EV. Minneapolis–Saint Paul's row is highlighted (#12).
| # | Ecosystem | Combined EV | EV growth | Unicorns | VC invested | Tracked startups |
|---|---|---|---|---|---|---|
| 1 | Bay Area | $20.1T | 8.0× | 895 | $158B | 24.9K |
| 2 | Seattle | $2.9T | 4.5× | 71 | $6.9B | 2,994 |
| 3 | Austin | $2T | 13.7× | 63 | $7.9B | 2,749 |
| 4 | Los Angeles | $1.6T | 7.7× | 166 | $17.6B | 8,766 |
| 5 | New York City | $1.5T | 5.0× | 326 | $32B | 16.8K |
| 6 | Boston | $1.2T | 4.4× | 211 | $13B | 6,417 |
| 7 | Miami | $684B | 11.9× | 43 | $3B | 2,981 |
| 8 | San Diego | $327B | 5.0× | 64 | $3.4B | 2,252 |
| 9 | Washington DC | $285B | 3.4× | 63 | $4.1B | 2,583 |
| 10 | Chicago | $263B | 3.7× | 54 | $2.3B | 2,855 |
| 11 | Dallas | $225B | 4.1× | 48 | $2.1B | 2,088 |
| 18 | Minneapolis–Saint Paul | $72.1B | 2.6× | 14 | $1B | 1,089 |
More data
Explore Dealroom data →Get the full Minneapolis–Saint Paul ecosystem on Dealroom
Live company-by-company deal flow, full cap tables, founder pedigrees, hiring signals and revenue trajectories.