SPLIT ROCK PARTNERS, LLC
SPLIT ROCK PARTNERS, LLC is a Seed, Series A, Series B, Series C+, secondary, debt and other fund in Minnesota and the US writing $10M–$50M checks into AI, Enterprise, Healthcare, Security, cloud-services, analytics-and-big-data, marketing-tech, e-commerce, communications-equipment, digital-experience-platforms, software, internet-services, analytics, big-data and medical-technology.
- Stages
- Seed, Series A, Series B, Series C+, secondary, debt, other
- Sectors
- AI, Enterprise, Healthcare, Security, cloud-services, analytics-and-big-data, marketing-tech, e-commerce, communications-equipment, digital-experience-platforms, software, internet-services, analytics, big-data, medical-technology
- Check size
- $10M–$50M
- Invests in
- Minnesota, US-wide
- Round role
- Leads rounds
- Actively investing
- Yes
- Founded
- 2004
- Assets under management
- $1B+
Thesis
Split Rock Partners, founded in 2004 and headquartered in Eden Prairie, Minnesota, is a venture capital firm managing over $1 billion in committed capital, currently investing from two funds totaling $575 million. The firm specializes in software, internet services, and healthcare companies, with a particular interest in Minnesota's medical technology sector. Their investment thesis is flexible, encompassing primary investments, direct secondary, and blended structures across all company development stages, from early revenue generation onward. Key investment areas include Cloud Services, Enterprise Software and Infrastructure, Analytics and Big Data, and Marketing Technology. Split Rock Partners typically leads investments, engaging in 7-12 deals annually with check sizes ranging from $10 million to $50 million. Founders can submit pitch decks via email to Michael Gorman or Jim Simons.
Common questions
Does SPLIT ROCK PARTNERS, LLC invest at the Seed stage?
Yes. SPLIT ROCK PARTNERS, LLC lists Seed, Series A, Series B, Series C+, secondary, debt and other among the stages it invests in.
What check size does SPLIT ROCK PARTNERS, LLC write?
SPLIT ROCK PARTNERS, LLC writes $10M–$50M checks.
Where does SPLIT ROCK PARTNERS, LLC invest?
SPLIT ROCK PARTNERS, LLC invests in Minnesota and the US.