Healthcare and Medical Startups in MSP

Minneapolis-Saint Paul is the center of Medical Alley, known around the world as the Global Epicenter of Health Innovation and Care®. In short, Medical Alley is the Silicon Valley of healthcare, where many of the industry’s leaders call home. Medical Alley employs more than 500,000 Minnesotans and millions more worldwide.

Here are 5 things you should know about Medical Alley:

01

More than 1,000 healthcare companies call Medical Alley home.

A few of those companies include the highest ranked hospital, Mayo Clinic, the nation’s largest health insurer, UnitedHealth Group, the world’s largest medical device provider, Medtronic, and one of the industry’s newest unicorns, Bright Health.

02

You'll find the world's largest leading health technology innovation cluster in Medical Alley.

That’s because Medical Alley is the #1 most concentrated region of health tech workers across the entire U.S.

03

The region is raising record levels of venture capital

Medical Alley’s early stage entrepreneurial ecosystem raised more than $1.4 billion in 2020. With billions of dollars in mergers and acquisitions, the region is consistently home to top deals.

04

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

To enhance the early-stage community, The Medical Alley Association (MAA) has launched Medical Alley Starts, a focused initiative and suite of services targeted at the acceleration of healthcare start-up formation and growth. Medical Alley Starts engages with 300+ ventures each year and dozens of corporate development teams from the largest healthcare companies in the world to scout for acquisitions, distribution opportunities, and other partnerships.

05

Medical Alley has history.

It is the birthplace of implantable medical technology, collaborative care delivery and innovative health plan models. The Smithsonian has recognized six "Great Places of Invention” in the U.S., including only one for healthcare, Medical Alley.

Learn more about the health startup ecosystem

More on this section is coming soon from community leaders with the Medical Alley Association. For now, discover resources and information at the Medical Alley website.

Visit Medical Alley Website
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