Split Rock Partners

About The Fund

Split Rock Partners is a venture capital firm with a key focus on investing in leading software, Internet services, and healthcare companies. Situated at 16526 West 78th Street, Suite 504, Eden Prairie, Minnesota, they support entrepreneurs who are building innovative companies in various sectors such as Software (including Web Marketplace SaaS), IT & TMT, Business Solutions, HealthTech & Fitness, Web Security & Privacy, Insurance & InsurTech, and Medical Devices & Hospital Services. With their extensive expertise in equity investments, they work with a flexible investment strategy that adapts to the unique needs of each company they partner with. This strategy includes primary investments, direct secondary, and blended structures. They are particularly interested in Cloud Services that leverage public, private, and hybrid cloud environments, as these deliver enhanced functionality, scalability, and efficiency. Their interest also extends to Enterprise Software and Infrastructure that bring forth next-generation technologies enhancing flexibility and security, while reducing ownership costs. Furthermore, they're engaged in Analytics and Big Data by transforming data into actionable insights, as well as Marketing Technology that assists marketers with customer analysis, attraction, and retention. Split Rock Partners invests across all stages of company development, from early revenue generation onward, providing capital through investments that range from $2 million to $40 million. They possess assets under management totaling around $575 million and specialize in seed, startup, and early-stage ventures. Their team, led by Managing Directors Michael Gorman, Jim Simons, and Dave Stassen, is noted for decades of experience working with emerging companies. This experience results in an approach that is patient and adaptable, emphasizing integrity, mutual respect, and the development of strong relationships with management teams to collaboratively scale a business.