Enterprise Tech Startups in Minneapolis-Saint Paul

Minneapolis-Saint Paul is home to the country’s highest concentration of global headquarters. The region’s large number of Fortune 500 firms and major private companies create a notable and significant cluster of business and professional services. That presents significant opportunities for startup firms that are providing solutions for large enterprises in spaces like HR, supply chain, cybersecurity, accounting, and more.

Here are 5 things you should know about enterprise technology in MSP:


MSP is a hub for finance and insurance.

Fortune 500 companies like U.S. Bank, Securian, Ameriprise and Thrivent are headquartered in MSP, as are Allianz Life and Piper Sandler. Innovation teams from many of these companies worked together to create the Future Finance Forum to connect with fintech and insurtech companies from around the world.


Top U.S. retailers call MSP home.

Target, Best Buy, and Sleep Number are just a few of the nation-leading retailers headquartered in Minneapolis-Saint Paul. Fast growing technology companies like Minneapolis-based SPS Commerce provide supply chain cloud software for other top retailers.


MSP is a tech hub hiding in plain sight.

Some are surprised to learn that Minneapolis-Saint Paul is home to one of the country’s largest tech workforces, with more than 140,000 tech jobs and scores of tech community groups. Much of this talent is working directly for large enterprises or powering the companies that power their tech solutions


The region is home to a growing support system for startups.

Early-stage accelerators like MN Cup, BETA, Lunar Startups, Gener8tor, and Discovery Launchpad are directly supported by globally leading MSP-based enterprises like 3M.These programs work to connect entrepreneurs to prospective enterprise customers and partners.


Venture capital is on the rise.

The region’s growing community of venture capital firms, including some of the most active dealmakers, are making early stage investments in enterprise tech startups. For example, X. For example, Y. Corporate venture capital is also on the rise in MSP.

Learn more about the region's startup ecosystem

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