Angel investors in Minnesota
14 angel investors and angel groups based in Minnesota, each listed with the evidence and sources behind it: SEC Form D filings, the investor's own site or a public announcement. 8 of them have a dated filing or deal in the last 12 months. That is 8 solo GPs, 5 syndicate leads and 1 angel groups. The median stated or estimated check is $315K–$920K.
Updated · How we find angels · Remove or correct a profile
Who are the most active angel investors in Minnesota?
Ranked by board seats, deal vehicles and funds on SEC filings and dated deals in the last 12 months: Shannon Erickson, Alex Matusevich, Uladzimir Radkevitch, Leif Gunderson and Matt Miller.
How many angel investors in Minnesota are there?
14 on file, 8 with a dated filing or deal in the last 12 months. Angels writing personal checks rarely file anything with the SEC, so no list of angels is complete.
How much do angel investors in Minnesota invest?
The median check is $315K–$920K, across 11 angels with a stated or estimated range. Angel groups often pool members' checks into a larger round.
What do angel investors in Minnesota invest in?
B2B Software (4), Healthcare (3) and AI & ML (1) lead, by angels focused on each.
- Active Apr 2026
Shannon EricksonSolo GP · Minneapolis, MN
Named as the only individual (Managing Member of Manager of Issuer) on the Form D for Traction Capital Focus Fund II-A, LLC, a $60M venture fund (Apr 2026) (2 vehicles on file).
Seed, Series A · checks $600K–$1.8M
Sector focus not yet verified - Active Sep 2026
Alex MatusevichSolo GP · Minneapolis, MN
Named as one of two individuals (Managing Partner of the Manager of the General Partner of the Fund) on the Form D for Verras Capital Fund II, LP, a $10M venture fund (Sep 2026).
Pre-seed, Seed · checks $100K–$300K
Sector focus not yet verified - Active Sep 2026
Uladzimir RadkevitchSolo GP · Minneapolis, MN
Named as one of two individuals (Managing Partner of the Manager of the General Partner of the Fund) on the Form D for Verras Capital Fund II, LP, a $10M venture fund (Sep 2026).
Pre-seed, Seed · checks $100K–$300K
Sector focus not yet verified - Active Aug 2026
Leif GundersonSolo GP · Chaska, MN
Named as the only individual (executive officer) on the Form D for NORD TIMMS Hill, LLC, a $5M venture fund (Aug 2026) (2 vehicles on file).
Pre-seed, Seed · checks $50K–$150K
Sector focus not yet verified - Active Jun 2026
Matt MillerSolo GP · Minneapolis, MN
Named as the only individual (Manager of the General Partner) on the Form D for Headwater Ventures Fund II, LP, a $13M venture fund (Feb 2024) (2 vehicles on file).
Pre-seed, Seed · checks $125K–$400K
Sector focus not yet verified - Active Oct 2025
Kathleen TuneSyndicate lead · Minneapolis, MN
Named as the only individual (Executive Officer of the GP LLC) on the Form D for Capita3 Venture Fund II LP, a $921K venture SPV (Sep 2024) (2 vehicles on file). Also a non-executive director at 2 startups that filed Form D.
Seed, Series A · checks $315K–$920K
HealthcareB2B Software - Active Jul 2026
Austin WalkerSyndicate lead · Rochester, MN
Named as the only individual (Manager of the General Partner of the Issuer) on the Form D for Rhone Technology Fund XIIIh, a series of Rhone VC, LP, a $1.1M venture SPV (Jul 2026) (2 vehicles on file).
Pre-seed, Seed · checks $545K–$1.06M
B2B SoftwareAI & MLSpace - Active Oct 2025
Wade LauSolo GP · Eden Prairie, MN
Named as the only individual (President and Treasurer of the General Partner of the Issuer) on the Form D for Founders Industrial Fund, L.P., a venture fund (Oct 2025).
Pre-seed, Seed
Industrial & Manufacturing - Active Feb 2025
Paul AndersonSolo GP · Minneapolis, MN
Named as the only individual (Managing Member of the General Partner of the Issuer) on the Form D for Parceiro Ventures II, L.P., a $40M venture fund (Feb 2025) (2 vehicles on file).
Pre-seed, Seed · checks $400K–$1.2M
B2B Software - Active Sep 2024
Edward J. MargaritSyndicate lead · Minneapolis, MN
Named as the only individual (Managing Member of the GP) on the Form D for Paralign - Luster SPV 2, L.P., a venture SPV (Sep 2024) (2 vehicles on file).
Pre-seed, Seed
Sector focus not yet verified - Active Jun 2024
Reed RobinsonSolo GP · Minneapolis, MN
Named as the only individual (Managing Member of the General Partner) on the Form D for Groove Capital FUND II, LP, a $15.5M venture fund (Jun 2024).
Pre-seed, Seed · checks $150K–$450K
Sector focus not yet verified - Active Feb 2024
Ann E. HolderSyndicate lead · Stillwater, MN
Named as the only individual (Issuer's Manager) on the Form D for Mcare 2022 Bridge, a Series of Master Marani Health SPV, LLC, a $1M venture SPV (Feb 2024).
Pre-seed, Seed · checks $1.02M
Healthcare - Active Feb 2025
Savannah Louise GuiangSyndicate lead · Minneapolis, MN
Named as the only individual (executive officer) on the Form D for Atland Fund II, LLC, a $1M venture SPV (Feb 2025).
Pre-seed, Seed · checks $1.03M
Sector focus not yet verified Gopher AngelsAngel group · Minneapolis, MN
Gopher Angels: listed as an ACA network member; its site takes applications via Gust.
Seed, Series A
B2B SoftwareHealthcareBiotech & PharmaHardware & Robotics
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