About Groove Capital
Groove Capital, established in 2020, is an angel investment group based in Minneapolis, United States. It primarily focuses on Seed investments in companies in United States. Its portfolio includes 15 firms, spanning the HealthTech, Enterprise Applications sectors. Its most notable investments include companies like WalkWise, Vertical Insure and Nice Healthcare. As of Jul 2026, Groove Capital has witnessed 1 portfolio exit. Its latest investment was a $7M Seed round in Ladder Health on Jun 23, 2026, which also saw participation from Nina Capital and Mairs & Power Venture Capital.
To date, 41 investors have co-invested in Groove Capital's portfolio companies, including prominent names like Bread and Butter Ventures.
Key Metrics
Founded Year
2020
Location
Minneapolis, United States
Portfolio Companies
Sectors of Investment
Stages of Investment
Seed & Series A
Locations of Investment
Groove Capital's List of Top Investments
Groove Capital has a portfolio of 15 companies. Their most notable investments include WalkWise and Vertical Insure.Their portfolio spans across and United States. They have invested in HealthTech, Enterprise Applications, Consumer and 11 other sectors, across stages such as Seed, Series A stages. Here is the list of top investments by Groove Capital:
1. WalkWise
App and device for monitoring and managing elderly care. The device monitors the activity of the elders and is used for fall prevention, fall detection, activity tracking, infection screening, and behavioral analysis. The data is tracked by the app and alerts the care team or family in case of an emergency. It connects the care seeker with caregivers, family members, and friends for care coordination.
Key facts about WalkWise
- Founded Year: 2016
- Location: Fargo (United States)
- Stage: Seed
- Total Funding till date: $3M
- Employee Count: 4 as on Jun 30, 2026
- Investors: 701 Fund, Techstars and 4 Others
- Latest Funding Round: Seed, Jul 19, 2023, $*****
Provider of embedded insurance solutions for platforms across various industries. It facilitates the integration of tailored insurance products into online transactions. The company focuses on offering customized solutions for industries like sports, camps, club memberships, events, travel, property, and collectibles. It enables platforms to provide relevant insurance options to their customers, generating revenue and enhancing customer experience. The company offers active partnership, vertical expertise, platform harmony and hands-off implementation.
Key facts about Vertical Insure
- Founded Year: 2022
- Location: New York City (United States)
- Stage: Series A
- Total Funding till date: $16.4M
- Employee Count: 48 as on Jun 30, 2026
- Investors: Rally Ventures, Dundee Venture Capital and 3 Others
- Latest Funding Round: Series A, Jun 02, 2025, $*****
Provider of integrated primary care clinic services. The company treats everyday healthcare needs through virtual and in-home care. It offers mental health video visits with therapists and physical therapy video visits. The company also provides prescriptions.
Key facts about Nice Healthcare
- Founded Year: 2017
- Location: Minneapolis (United States)
- Stage: Series A
- Total Funding till date: $42M
- Employee Count: 158 as on Jun 30, 2026
- Investors: Waterline Ventures, Conductive Ventures and 10 Others
- Latest Funding Round: Series A, Jul 04, 2025, $*****
- Highlight: Editors' Pick
Platform offering suite solutions for independent restaurants and retailers. It offers tech support for restaurant's point of sale(POS), internet & Wi-Fi, online ordering, and more.
Key facts about Science On Call
- Founded Year: 2014
- Location: Chicago (United States)
- Stage: Seed
- Total Funding till date: $4.2M
- Employee Count: 26 as on Jun 30, 2026
- Investors: York IE, Bread and Butter Ventures and 7 Others
- Latest Funding Round: Seed, Sep 12, 2023, $*****
- Highlight: Editors' Pick
5. Carba
Key facts about Carba
- Founded Year: 2021
- Location: Minneapolis (United States)
- Stage: Seed
- Total Funding till date: $6M
- Employee Count: 19 as on Mar 31, 2026
- Investors: Collab Fund, Incite and 4 Others
- Latest Funding Round: Seed, Dec 03, 2025, $*****
Groove Capital's Year-on-Year Investment Trends
Groove Capital has invested in 15 companies over the last 5 years, with an average of 2 new investments annually in the last 5 years. In 2025, it made 1 investment, while as of Jun 2026, it has made 1 investment in this year. Its most recent first time investment was in Ladder Health.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 1 | 0 | 1 |
2025 | 1 | 0 | 1 |
2024 | 0 | 0 | 0 |
2023 | 5 | 0 | 5 |
2022 | 2 | 0 | 2 |
2021 | 4 | 0 | 4 |
Groove Capital's Investments by Stage
Groove Capital has made 12 investments in Seed stage with an average round size of $2.75M and 1 investment in Series A stage with an average round size of $2.25M.Stage of entry | No. of Investments |
|---|---|
Seed | 12 |
Series A | 1 |
Note: We have considered here, only first round of investments
Groove Capital's Investments by Sector
Groove Capital has a diverse portfolio, with companies operating in the Enterprise Applications, Consumer, HealthTech, Healthcare and Education. Notably, it has invested in 10 Tech companies, 9 Enterprise (B2B) companies, 8 Software companies and at least 5 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 6 |
Consumer | 4 |
HealthTech | 3 |
Healthcare | 2 |
Education | 1 |
Others | 11 |
Note: We have considered here, only first round of investments
Groove Capital's Investments by Geography
Groove Capital has made most investments in United States (13).Groove Capital's recent investments
Groove Capital has made 1 investments in 2026 so far - Ladder Health.Here are the most recent investments by Groove Capital:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jun 23, 2026 | United States | Seed | 1873 | [+7] | |
Dec 03, 2025 | United States | Seed | 6937 | ||
Sep 12, 2023 | United States | Seed | 9458 | [+5] | |
Aug 22, 2023 | United States | Seed | 8989 | [+2] | |
Jul 19, 2023 | United States | Seed | 9588 | [+3] |
Acquired companies in Groove Capital's Portfolio
1 company from Groove Capital's portfolio has been acquired. The most recent acquisition was TeamGenius in Jan 2023 by Humanpoweredhealth for $*****.Here are Groove Capital's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jan 31, 2023 | Aug 10, 2021 | Seed | 5424 |
Co-investors of Groove Capital
Over the past 5 years, 51 investors have co-invested in Groove Capital's portfolio companies. This includes funds and angels.
- Invested before Groove Capital: Techstars, Rally Ventures and 2 others have invested in rounds before Groove Capital. There is 1 company where Techstars has invested before Groove Capital and 1 company where Rally Ventures has invested before Groove Capital.
- Top Co-investors of Groove Capital: 41 investors entered a company along with Groove Capital. These include investors like Bread and Butter Ventures (3 companies).
- Invested after Groove Capital: A total of 6 investors have invested in Groove Capital's portfolio after their investments. Top Investors include Capital Midwest Fund (1 company) and Mairs & Power Venture Capital (1 company).
Recent News related to Groove Capital
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Ladder Health Secures $7 Million Seed Funding RoundMassinvestor•Jun 23, 2026•Nina Capital, Jumpstart Capital, Mairs & Power Venture Capital, White Oak Enterprises and 3 others
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Science On Call Raises $2.6M in Seed FinancingFinSMEs•Sep 13, 2023•Science On Call, York IE, Bread and Butter Ventures, Groove Capital and 2 others
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Creatively Focused Raises $3M to Keep Special Educators From Leaving the ClassroomACCESSWIRE•Aug 22, 2023•Creatively Focused, York IE, Mairs & Power Venture Capital, Groove Capital and 1 other
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St. Thomas, Groove Capital collaborate on post-graduate venture fellowship programThe Business Journals•Jun 22, 2023•Groove Capital, St. Thomas
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TicketRev Closes $1.1M Pre-Seed Funding RoundFinSMEs•Apr 18, 2023•TicketRev, 500 Global, Soma Capital, Groove Capital and 1 other
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Groove Capital lands $1.5 million funding from Bush Basisinvestidollar.com•Feb 03, 2023•Groove Capital, Bush
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HR platform WorkTorch raises $2.2M seed roundTechCrunch+•Nov 07, 2022•Tenzing Capital, Bloomberg, MATH Venture Partners, Ruthless For Good and 16 others
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Itiliti Health raises $2 million to streamline rudimentary prior authorization processThe Business Journals•Dec 09, 2021•Itiliti Health, Bread and Butter Ventures, Altitude Ventures, M25 and 2 others


