Groove Capital
Groove Capital is a venture capital firm and angel group based in Minneapolis, Minnesota, founded in 2020. It is recognized as the most active Pre-Seed investor in Minnesota-based startups. The firm focuses on early-stage investments, primarily leading Pre-Seed rounds for companies with unique insights into large market opportunities. Groove Capital manages approximately $23.1 million across its funds, having launched Fund I in 2021 and Fund II in 2023. The firm provides financial services and advisory support to entrepreneurs, helping them secure their first institutional investment. Groove
Investing activity
Groove Capital appears in 1 AI deal tracked by the Lounge deals desk. The rounds are mostly Seed, with a median round size of $7M. The most recent is Ladder Health (Seed, $7M, Jun 2026).
Groove Capital most often invests alongside Nina Capital, 25madison Health, South Dakota First Capital and Create Health Ventures, and the companies it backs on Lounge are mostly in AI.
Deals
Frequently asked questions about Groove Capital
What AI companies has Groove Capital invested in?
Groove Capital's AI investments include Ladder Health. The 1 round on Lounge are listed on this page with amounts, dates and co-investors.
Where is Groove Capital based?
Groove Capital is based in Minneapolis, Minnesota, United States.
What stage does Groove Capital invest at?
In the rounds tracked on Lounge, Groove Capital has invested at Seed, with a median round of $7M.
Who does Groove Capital co-invest with?
Groove Capital's most frequent co-investors on Lounge are Nina Capital (1 deal), 25madison Health (1 deal), South Dakota First Capital (1 deal), Create Health Ventures (1 deal) and Mairs & Power Venture Capital (1 deal).
How can founders reach Groove Capital?
Founders on Lounge can see Groove Capital's contact details in AI Investor Contacts (paid plans), check for a warm introduction through members who worked with the firm under Warm Paths, and add Groove Capital to their Investor Pipeline to track the conversation.