Groove Capital

Groove Capital is a venture capital firm established in 2020 and located in Minneapolis, Minnesota. The firm focuses on investing in early-stage companies across a diverse range of sectors, including fintech, biotechnology, agricultural technology, healthcare, digital health, education, energy, enterprise software, financial services, medical devices, software as a service, artificial intelligence, robotics, clean energy, e-commerce, retail technology, and sports and fitness. By targeting these industries, Groove Capital aims to support innovative startups and foster growth in emerging markets.

Reed Robinson

Founder and Partner

22 past transactions

Local Sports Network

Seed Round in 2022
Local Sports Network is a digital platform that aims to enhance connections among sports fans, high schools, and student-athletes. By facilitating interactions between these groups, LSN creates a vibrant community focused on high school sports. The platform offers features such as game streaming and social networking, allowing users to fully engage with the sports experience. Additionally, it provides opportunities for participation in competitions and the ability to earn community points, which further encourages involvement. LSN also supports academic and athletic programs by generating revenue through its streaming tools, thus contributing to the overall development of high school sports.

Reema Health

Seed Round in 2022
Reema Health is a technology startup focused on bridging the gaps between healthcare and social care. The company operates a healthcare platform that connects individuals with care and resources through tech-enabled community guides. By offering a personalized, community-based approach, Reema Health aims to help people identify specific steps to improve their behavioral health. This initiative facilitates easier access to medical care and supports individuals in enhancing their overall quality of life.

Science On Call

Pre Seed Round in 2022
24/7 subscription-based tech support for restaurants. Help with point of sale, internet, Wi-Fi, online ordering, email, phones, and more — just one call or text away, even on nights & weekends! A Techstars Farm to Fork Accelerator portfolio company (2021), Food Foundry (2020)

Bloom Standard

Pre Seed Round in 2022
Bloom Standard is AI-based essential imaging for medically fragile children.

itiliti Health

Seed Round in 2021
Itiliti Health is a health data access and decision automation company. The company's mission is to reduce the cost of care by enabling efficient, real-time collaboration between payers and providers that eliminates wasteful administrative expenses. The initial solutions address the need to modernize the processes and management of prior authorizations for payers. The result is improved patient care and a significant reduction in administrative costs.

Reema Health

Pre Seed Round in 2021
Reema Health is a technology startup focused on bridging the gaps between healthcare and social care. The company operates a healthcare platform that connects individuals with care and resources through tech-enabled community guides. By offering a personalized, community-based approach, Reema Health aims to help people identify specific steps to improve their behavioral health. This initiative facilitates easier access to medical care and supports individuals in enhancing their overall quality of life.

Local Sports Network

Pre Seed Round in 2021
Local Sports Network is a digital platform that aims to enhance connections among sports fans, high schools, and student-athletes. By facilitating interactions between these groups, LSN creates a vibrant community focused on high school sports. The platform offers features such as game streaming and social networking, allowing users to fully engage with the sports experience. Additionally, it provides opportunities for participation in competitions and the ability to earn community points, which further encourages involvement. LSN also supports academic and athletic programs by generating revenue through its streaming tools, thus contributing to the overall development of high school sports.

SoleSafe

Pre Seed Round in 2021
Operator of an insurance and community management platform intended to deliver an automated underwriting service specifically designed for sneakers. The company's platform provides data to instantly quote, appraise and authenticate every type of sneaker and offers I\integrated sneaker insurance, enabling people to avail of insurance coverage for high-end sneakers using a valuation and appraisal model.

Gwoop

Venture Round in 2021
Gwoop is an online esports training platform focused on enhancing competitive gaming skills. It leverages machine learning and artificial intelligence to provide users with a comprehensive training experience that integrates cognitive, physical, and digital feedback. The platform is designed to improve various aspects of gaming performance, including reaction time, visual speed, keyboard speed, and mouse control. By collaborating with neuropsychologists and experienced gamers, Gwoop creates an engaging environment that caters to players across multiple genres, such as first-person shooters, multiplayer online battle arena games, racing, sports, and strategy. Gwoop aims to help users achieve their gaming goals, regardless of their current skill level, in a rapidly growing industry where esports viewership surpasses traditional sports leagues.

xDot Medical

Seed Round in 2021
xDot Medical specializes in the development of innovative medical technologies, particularly focusing on the xCinch Access Management System. This system is designed for bloodless access site management, facilitating fast hemostasis for a variety of large-bore catheter sizes. By providing automated and instantaneous vascular closure, the xCinch system enhances the safety and efficiency of catheter-based therapies. This technology aids healthcare professionals and patients in managing medical treatments with reduced complications, ultimately improving patient outcomes.

Helloignite!

Seed Round in 2021
Helloignite is a collaboration platform for users to collect, share, and manage innovative ideas. Helloignite enables users to collect insights from teammates by creating user-friendly sites and enhanced forms with videos, it also allows users to manage SSO, whitelisted Domains, and direct Invites on the same site, enabling enterprises to effectively manage workflows and improve employee engagement.

TeamGenius

Seed Round in 2021
TeamGenius, LLC, founded in 2015 and based in Wyoming, Minnesota, specializes in player evaluation for youth sports organizations. The company offers a cloud-based platform that modernizes the way sports clubs and leagues conduct tryouts, camps, and player development programs. By replacing traditional paper and spreadsheet methods, TeamGenius provides a more efficient solution that saves coaches and administrators significant time, reduces errors and biases, and enhances team formation processes. This innovative approach not only streamlines player evaluations but also supports ongoing player development and feedback, giving organizations a competitive edge in managing their athletic programs.

CoraVie Medical

Seed Round in 2021
Developer of an implantable continuous blood pressure monitoring solution intended for early and accurate detection of dangerous blood pressures that lead to organ damage. The company's device provides advanced notice of changing health status using end-to-end results seamlessly and remotely which connects patients and clinicians through a cloud-based software and analytics platform, enabling timely, cost-effective clinical interventions to intercept and possibly prevent a hypertension crisis.

WalkWise

Seed Round in 2021
WalkWise is focused on enhancing the healthcare landscape through innovative solutions aimed at seniors. The company has developed a smart walker attachment that enables elderly users to maintain their independence while ensuring their health and safety. This device monitors the well-being of walker users and can send alerts to family members and caregivers in case of emergencies, such as falls or health issues. Notably, the smart walker attachment does not require charging, making it user-friendly. Additionally, WalkWise offers an optional mobile application that allows users to collect and view health data, similar to a smartwatch, thus promoting better health management and reducing the risk of falls.

Carbon Origins

Funding Round in 2021
Carbon Origins is an aerospace startup company empowering people with the best tools to explore space.

Parkday

Pre Seed Round in 2021
Parkday is a mobile app and data platform providing custom food programs by using recommendation algorithms and data science to generate personalized ready-to-eat meals from our food partners based on dietary preferences, geography, and lifestyle.

LEAH Labs

Seed Round in 2021
LEAH Laboratories specializes in developing innovative gene-editing technologies aimed at treating cancer in dogs, particularly B-cell lymphoma. The company utilizes precision gene editing to reprogram T immune cells with Chimeric Antigen Receptors (CAR), creating CAR T cells that can specifically target and eliminate cancerous cells while minimizing off-target effects commonly associated with traditional chemotherapy. By harnessing the natural capabilities of the canine immune system, LEAH Laboratories provides a novel approach to cancer treatment, offering hope to pet owners and veterinarians in their fight against this challenging disease. Based in the United States, LEAH Labs is committed to advancing medical therapies for canine health.

BetterYou

Venture Round in 2021
BetterYou is a digital wellness platform that empowers both individuals and organizations to enhance health and well-being through data-driven insights. By utilizing data generated from daily interactions with its devices, BetterYou helps users identify where they spend their time compared to what truly matters to them. The platform encourages users to define their own criteria for "time better spent," allowing them to focus on their personal wellness goals across physical, mental, social, and educational dimensions. Additionally, BetterYou provides organizations with population-level insights that facilitate improved employee wellness, ultimately driving health savings and fostering healthier habits within the workforce.

LearnYour Benefits

Seed Round in 2021
Developer of a video communication platform designed to make benefits engagement videos. The company's platform combines deep expertise in video engagement with innovative communications and engagement technology to create stock videos, semi-custom videos that start with templates, and custom videos, enabling organizations to thoroughly articulate their benefits through brief, visually engaging videos.

Boozy Jerky

Seed Round in 2021
Boozy Jerky offers beef jerky products made to pair with craft beer and other alcoholic beverages. Boozy Jerky offers low-calorie, low-carb, and high in protein beef, enabling customers to get a daytime snack with various flavors.

Canomiks

Seed Round in 2021
Canomiks provides a genomics, bioinformatics and AI-based Product Superiority Platform that enables companies within the functional food and beverage, dietary supplement and skincare industries to create safe and efficacious products. Canomiks' long-term vision is to make food as medicine a reality.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.