Many team members at Unicorn Nest are Ukrainians affected by Russian aggression. We do our best to solve any issues and answer your questions in the shortest possible time frames but some delays are possible.

Split Rock Partners

Overview

Investments

Unlock datapoints

Portfolio analytics

Team

News & Media

Add fund to favorites
info
Save this fund for later to form your own custom list of funds
This summary is composed by our algorithm based on the analysis of the deals. If you think that some of this information is not accurate, please let us know about it and provide any supporting evidences if possible. Such cases will be analyzed by our ML-algorithm and implemented in our database, which will improve this summary.

Need help with fundraising?

We offer an assisted fundraising option for startups

Learn more
Total investments 107
Average round size
info
The average size of a deal this fund participated in
$21M
Portfolio companies 56
Rounds per year 5.63
Lead investments 22
Follow on index
info
How often the fund supports its portfolio startups at next rounds
0.48
Exits 40
Key employees 3
Stages of investment
Early Stage Venture
Late Stage Venture

Areas of investment

  • Health Care
  • Medical Device
  • Medical
  • Biotechnology
  • Software
Summary

Split Rock Partners is the famous VC, which was founded in 2004. The leading representative office of defined VC is situated in the Minneapolis. The venture was found in North America in United States.

The overall number of key employees were 3.

The usual cause for the fund is to invest in rounds with 4-5 partakers. Despite the Split Rock Partners, startups are often financed by Sutter Hill Ventures, St. Paul Venture Capital, Delphi Ventures. The meaningful sponsors for the fund in investment in the same round are SV Health Investors, Delphi Ventures, Sigma Partners. In the next rounds fund is usually obtained by Delphi Ventures, SV Health Investors, Advanced Technology Ventures.

The top amount of exits for fund were in 2016. The top activity for fund was in 2007. Despite it in 2019 the fund had an activity. Speaking about the real fund results, this VC is 8 percentage points more often commits exit comparing to other organizations. When the investment is from Split Rock Partners the average startup value is 50-100 millions dollars. Comparing to the other companies, this Split Rock Partners performs on 11 percentage points more the average number of lead investments. The fund is generally included in 7-12 deals every year. The usual things for fund are deals in the range of 10 - 50 millions dollars.

Among the various public portfolio startups of the fund, we may underline EBR Systems, Acquia, Demandbase Among the most popular fund investment industries, there are Marketing, Analytics. For fund there is a match between the country of its foundation and the country of its the most frequent investments - United States. The fund has no specific favorite in a number of founders of portfolio startups. If startup sums 5+ of the founder, the chance for it to be financed is low. Besides, a startup needs to be aged 6-10 years to get the investment from the fund.

Read more

Related Funds

Funds investing in previous rounds
These funds often invest in the rounds preceeding the rounds of Split Rock Partners:
Typical Co-investors
Split Rock Partners is more likely to invest in rounds together with the following funds:
Funds investing in following rounds
These funds have a tendency to invest in the following rounds after Split Rock Partners:

Funds with similar focus

Funds from United States
Funds with similar focus located in United States:
Funds with the same geo focus
Funds with similar geography of portfolio companies:
Funds doing lead investments
Funds with similar focus acting as lead investors:

Look at other 50 related and similar funds Collapse list
Fund NameLocation
3D Systems Rock Hill, South Carolina, United States
Agritech Capital North Carolina, United States, Wilmington
Aitarget New York, New York, United States
Azalea Capital Greenville, South Carolina, United States
Criabiz Ventures Brazil, São Paulo, Sorocaba
Dajian Investment China, Qingpu, Shanghai
Elephant Capital England, London, United Kingdom
Foyer Canton Esch-sur-Alzette, Leudelange, Luxembourg
Leshi Qiche -
Linden Lake Ventures Bethesda, Maryland, United States
Millennium Management New York, New York, United States
Sora Ventures China, Hong Kong, Hong Kong Island
surgical.ai Boston, Massachusetts, United States
Teuza Hefa, Hefa, Israel
TV Azteca -
VM Digital Austria, Salzburg, Schwarzach
West End Holdings Nashville, Tennessee, United States
Western Economic Diversification Canada Alberta, Canada, Edmonton
YSS Capital Central, Central Region, Singapore

Notable deals

CompanyIndustryRound SizeDateInvestorsLocation

TruSignal

Advertising
Artificial Intelligence
Digital Marketing
Information Technology
Machine Learning
Marketing
Predictive Analytics
$5M12 Oct 2017 Iowa, United States

Gravie

Health Care
Health Insurance
Hospital
Insurance
Marketplace
$14M19 Jul 2017 Minneapolis, Minnesota, United States

Code42

Big Data
Cyber Security
Enterprise
SaaS
Security
Software
$85M06 Oct 2015 Minneapolis, Minnesota, United States

Gravie

Health Care
Health Insurance
Hospital
Insurance
Marketplace
$12M17 Apr 2015 Minneapolis, Minnesota, United States

Sparkcentral

Apps
Customer Service
Enterprise Software
SaaS
Social Media
$12M20 Jan 2015 San Francisco, California, United States

VoloMetrix

Analytics
Enterprise Software
Social Media
$12M13 Oct 2014 Seattle, Washington, United States

Health Care
Health Diagnostics
Medical Device
$25M23 Sep 2014 Irvine, California, United States

Colorescience

Beauty
Cosmetics
E-Commerce
Fashion
Lifestyle
$15M10 Sep 2014 Carlsbad, California, United States

Transcend Medical

Health Care
Medical
Medical Device
$29M02 Apr 2014 California, United States
News
Gravie Raises $28M in Series D Financing

– Gravie is a Minneapolis, MI-based defined contribution healthcare company.
– The company raised $28m in Series D funding.
– The round was led by AXA Venture Partners, with participation from existing investors FirstMark Capital, Split Rock Ventures and Revelation Partners.
– The new investment will be used to accelerate the company’s growth through investments in product and technology, sales and marketing, and expansion into new markets through new and existing distribution channels.

Review

  • No reviews are submitted yet.
Do you want more?
We provide dozens of additional datapoints about this fund.
Sign up and get access to full fund profile and advanced analysis.
Full team
Industries heatmap
Stages heatmap
Georgaphy breakdown
Coinvestors
Portfolio analysis
Performance indexes
Latest highlights
Unlock all data
Do you represent Split Rock Partners?
Get access to manage this page
Get in touch
Found incorrect info? Let us know!
Total investments 107
Average round size 21M
Rounds per year 5.63
Peak activity year 2007
Lead investments 22
Follow on index 0.48
Exits 40
Group Appearance index 0.95

Latest deals

CompanyIndustryRound SizeDateInvestorsLocation

TruSignal

Advertising
Artificial Intelligence
Digital Marketing
Information Technology
Machine Learning
Marketing
Predictive Analytics
$5M12 Oct 2017 Iowa, United States

Gravie

Health Care
Health Insurance
Hospital
Insurance
Marketplace
$14M19 Jul 2017 Minneapolis, Minnesota, United States

Code42

Big Data
Cyber Security
Enterprise
SaaS
Security
Software
$85M06 Oct 2015 Minneapolis, Minnesota, United States

Gravie

Health Care
Health Insurance
Hospital
Insurance
Marketplace
$12M17 Apr 2015 Minneapolis, Minnesota, United States

Sparkcentral

Apps
Customer Service
Enterprise Software
SaaS
Social Media
$12M20 Jan 2015 San Francisco, California, United States

VoloMetrix

Analytics
Enterprise Software
Social Media
$12M13 Oct 2014 Seattle, Washington, United States

Health Care
Health Diagnostics
Medical Device
$25M23 Sep 2014 Irvine, California, United States

Colorescience

Beauty
Cosmetics
E-Commerce
Fashion
Lifestyle
$15M10 Sep 2014 Carlsbad, California, United States

Transcend Medical

Health Care
Medical
Medical Device
$29M02 Apr 2014 California, United States
Crunchbase icon

Content report

The following text will be sent to our editors: