Groove Capital

Groove Capital is a venture capital firm based in Minnesota focused on investing in early-stage startups, particularly at the Pre-Seed and Seed stages. They differentiate themselves by combining the resources of a traditional venture fund with an active angel network, providing entrepreneurs with access to both institutional and individual investors. This approach accelerates the velocity to a startup's first funding while offering investors a platform and process to invest with confidence.

Groove Capital's investment thesis centers around supporting great teams with a clear market opportunity, high growth potential, and a positive impact on their local communities. They prioritize Minnesota-based startups and invest across various industries, including ag tech, food, healthcare, education, and technology. In addition to funding, Groove Capital provides portfolio companies with mentorship, introductions, and connections to their network of angel investors and advisors.

The Executive Assistant position at Groove Capital is fully remote, eliminating the need for in-person work. Although the company maintains an office in Minneapolis that can be utilized, the role is designed for flexibility and allows for work to be performed from any location. The company also anticipates a schedule of 5-10 hours per week, offering the potential for a flexible work arrangement.

Groove Capital is a Minnesota-based venture fund and angel network that aims to accelerate the success of early-stage startups in the region. By combining the power of traditional venture capital with an active angel network, Groove provides entrepreneurs with their first institutional investment, while offering investors a platform and process to participate in early-stage investing with confidence. Groove focuses on high-growth startups that are positively impacting their local communities, particularly those in industries like ag tech, food, healthcare, education, energy, enterprise SaaS, financial services, medical devices, retail, and sports & fitness.

Groove Capital promotes a culture of collaboration, action, and community. They value high-performing individuals who are results-oriented, take initiative, and are passionate about building a strong local startup ecosystem. They foster an inclusive and supportive environment where entrepreneurs and investors can connect, learn, and grow together, ultimately accelerating the success of Minnesota's early-stage companies.

Groove Capital is committed to promoting diversity, equity, and inclusion within its organization and the broader Minnesota startup ecosystem. The company actively seeks out and invests in female-led and minority-owned companies. Additionally, they actively participate in initiatives that promote diversity in venture capital and invest in programs like the Catalyst Angel Program. By fostering a welcoming and inclusive environment, Groove Capital strives to ensure that every founder, regardless of background, has an equal opportunity to succeed.