Minneapolis and Minnesota
Player’s Health, provider of an injury management platform for young athletes, raised $2 million in funding last week in order to generate revenue. An athlete’s health, especially at a young age, has become a priority to coaches and parents in recent times. With their free software, Player’s Health Rehab allows the user to manage injuries…
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Crosscode specializes in software analysis and governance through a software dubbed Panoptics. The company’s platform is intended to save clients time and money by eliminating IT systems disruptions by analyzing certain aspects of the software environment.
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Reflection Sciences announced earlier this month the reception of $1.3 million in seed funding in a round led by Edmentum, K–12 distribution partner for Reflection Sciences. The University of Minnesota’s Discovery Capital Fund and other investors participated in the round. The company’s funding, preceded by a quarter million dollars last December from angel investors, has…
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1 Million Cups was developed in Kansas City, MO in 2012 by Co-Founders Cameron Cushman and Nate Olson who were working at the time on the Entrepreneurship Team at the Ewing Marion Kauffman Foundation. What began as an experiment to bring entrepreneurs in one city together over a cup of coffee towards a goal of…
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Arc Suppression Technologies, a Minneapolis-based technology company, announced three weeks ago that it raised $2.9 million in funding from an angel-backed investment. CEO Robert Thorbus and CTO Reinhold Henke founded Arc Suppression Technologies in 2010. After shortly realizing classical arc suppression did not deliver promising results, Thorbus and Henke got to work on contact arc…
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ClickSWITCH, a Minneapolis based financial payments company, has announced that they had secured $13 million Series B Funding. This round was led by Commerce Ventures and Point72 Ventures. ClickSWITCH provides a white-labeled product that helps new and existing bank customers simplify and automate direct deposits and recurring payments. Banks are excited about this technology because…
Read MoreTractor Zoom is the creator of a platform designed to digitally connect farmers with equipment auctioneers across North America. Founder Kyle McMahon grew up in Fairfield, a small ag community in southeast Iowa. His work ethic and love for equipment led him to start a lawn and landscaping business. He sold the business to fund…
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Milwaukee based startup SteamChain recently raised capital for a new concept called Machine-as-a-Service (“MaaS”). MaaS is a new idea of selling industrial machines based on performance metrics collected from the machine. Basically, MaaS is a combination of technologies that allow payments and contracts to be tied to the actual performance of a machine – rather…
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Smart water bottle company Hidrate, based in Minneapolis, raised $700,000 in convertible debt and option financing from undisclosed investors on April 15. This round of angel funding brings the company’s total raise to nearly $3 million since its founding in 2014. The company’s Kickstarter campaign raised over $600,000, and the company produced 17,000 bottles within…
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On April 15, BacklotCars of Kansas City, Missouri announced a $25 million Series B raise. BacklotCars cars has raised more than $38 million since inception. BacklotCars provides an online mechanism for wholesale car buyers to purchase cars without going to physical locations for auctions. The company has built tools for inspections – both physical and…
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