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Who Funds Software As A Service Startups in Minnesota?

Real, verified funding sources for software as a service founders in Minnesota: VC funds, accelerators, angel networks, and active grant programs — sourced from SEC filings and Grants.gov, not estimates.

No funds headquartered in Minnesota matched "Software As A Service" by name — the funds below are shown nationwide instead.

ℹSoftware As A Service Funding Snapshot — Minnesota (as of August 2026)

  • 1
    8 VC funds (nationwide)with "Software As A Service" in their name — none headquartered in Minnesota in our data
  • 2
    1 acceleratorsopen to software as a service founders in Minnesota (including globally-available programs)
  • 3
    6 angel networksbased in Minnesota
  • 4
    60 open grantsin the Technology category, refreshed nightly from Grants.gov

Software As A Service VC Funds (Nationwide)

Ameba China SaaS Fund, L.P.

📍 Grand Cayman, E9

General partners: Tong N/A HUI, Jieyong N/A BAI, Zhuo N/A CHEN & 1 more

$265M
Effective fund size
Visit Fund →

Pier 88 Ventures Enterprise Software Fund, L.P.

📍 San Francisco, CA

General partners: Suki Singh, David Walrod, Mitch McCullough & 1 more

$100M
Effective fund size
Visit Fund →

SaaStr Fund II, L.P.

📍 San Francisco, CA📅 Filed March 2020

General partners: Jason M. Lemkin

$55M
Effective fund size
Visit Fund →

SaaS Ventures II, L.P.

📍 Bethesda, MD📅 Filed September 2020

General partners: Collin Gutman, Brian Gaister, Seth Shuldiner

$43.6M
Effective fund size
Visit Fund →

SaaS Ventures III, L.P.

📍 Coral Gables, FL📅 Filed January 2024

General partners: Brian Gaister

$28.6M
Effective fund size
Visit Fund →

ALL STAR SAAS FUND THREE LP

📍 Singapore, U0📅 Filed March 2022

General partners: Nao Ito, Hironori Maeda

$15.1M
Effective fund size
Visit Fund →

Black Diamond Financial Software Fund, L.P.

📍 Newark, DE

General partners: Kirk Carson

Fund size not reported
Visit Fund →

SaaSholic Clicksign II LLC

📍 Newark, DE

General partners: Kirk Carson

Fund size not reported
Visit Fund →

Software As A Service Accelerators Open to Minnesota

1 programs

gener8tor Minneapolis

Minneapolis, MN

gener8tor Minneapolis

$100K
Deadline: Rolling / no fixed deadline
Learn More →

Angel Investor Networks in Minnesota

6 networks

Minnesota Angel Tax Credit Network

👥 200 members💰 $10K - $200K check range

📍 Minneapolis, MN

TechnologyHealthcareConsumerFintechSaaS
Connect →

Midwest Startup Angels

👥 60 members💰 $10K - $150K check range

📍 Minneapolis, MN

TechnologyHealthcareConsumerFintechSaaS
Connect →

Gopher Angels

👥 80 members💰 $10K - $150K check range

📍 Minneapolis, MN

TechnologyHealthcareSoftware
Connect →

Southeast Minnesota Capital Fund LLC

👥 55 members💰 $5K - $75K check range

📍 MN

TechnologyGeneral
Connect →

Gopher Angels, LLC

👥 35 members💰 $5K - $75K check range

📍 MN

TechnologyGeneral
Connect →

City of Shakopee

👥 28 members💰 $5K - $75K check range

📍 MN

TechnologyGeneral
Connect →

Grants in the Technology Category

Software As A Service falls under the broader "Technology" category in federal grant data. These are federal programs open to eligible founders nationwide (including Minnesota) — live from Grants.gov, refreshed nightly.

Decentralized Artificial Intelligence through Controlled Emergence (DICE)

DARPA - Information Processing Technologies Office

Deadline: August 25, 2026Apply →

Fiscal Year 2027 National Sea Grant College Program Dean John A. Knauss Marine Policy Fellowship

DOC NOAA - ERA Production

$1 - $97.2K
Deadline: August 26, 2026Apply →

Interdisciplinary Transportation Law and Policy Technology Training Development

69A355 Research and Technology

$600K
Deadline: August 28, 2026Apply →

Tribal Transportation Safety Strategy Pilot Program

69A355 Research and Technology

$2M
Deadline: August 28, 2026Apply →

Cooperative Agreement for Affiliated Partner with the Rocky Mountain Cooperative Ecosystem Studies Unit (CESU)

Geological Survey

$1 - $300K
Deadline: August 29, 2026Apply →

GlobalX Challenge 26.1: AI-Native Air Interface for Tactical Communication Networks

Office of Naval Research

Up to $500K
Deadline: August 31, 2026Apply →

?Software As A Service Funding FAQs — Minnesota

Are there software as a service VCs headquartered in Minnesota?

We don't have any funds headquartered in Minnesota whose name references software as a service. Below are software as a service-related funds from across the country instead — many invest outside their home state.

What accelerators in Minnesota support software as a service startups?

1 accelerator programs open to Minnesota-based software as a service founders are in our database, including programs based in Minnesota and globally-available programs.

Are there angel investor networks in Minnesota?

Yes — 6 angel investor networks based in Minnesota are in our database, ranked by member count with software as a service-relevant groups surfaced first where our sector data supports it.

What grants are available for software as a service founders?

60 currently open federal grant programs are tagged under the Technology category, which is where software as a service falls in our grant classification. These are federal programs open to eligible founders nationwide (including Minnesota), pulled live from Grants.gov and refreshed nightly.

Your Software As A Service Funding Action Plan

1

Research & Prepare

  • Review the 8 software as a service-matched funds above and their filing history
  • Check each fund's website for current investment criteria before reaching out
  • Prepare a pitch deck and financial projections tailored to your stage
2

Apply & Connect

  • Apply to the 1 accelerator programs listed above
  • Reach out to the 6 angel networks in Minnesota
  • Check eligibility for the 6 open grant programs above
3

Follow Up

  • Track deadlines for any application-based programs above
  • Look for warm introductions through your existing network before cold outreach
  • Revisit this page periodically — fund and grant data refreshes nightly

Related Funding Resources

Other Industries in Minnesota

Artificial Intelligence Funding in Minnesota →Machine Learning Funding in Minnesota →Deep Tech Funding in Minnesota →Quantum Computing Funding in Minnesota →SaaS Funding in Minnesota →

Software As A Service in Other Locations

Software As A Service Funding in Alabama →Software As A Service Funding in Alaska →Software As A Service Funding in Arizona →Software As A Service Funding in Arkansas →Software As A Service Funding in California →

More Resources

All Software As A Service VC Funds →Software As A Service Accelerator Programs →Angel Networks Directory →Government Grant Database →Free Startup Resources →
Fund and angel network data sourced from SEC Form D filings (EDGAR). Grant data sourced from Grants.gov, refreshed nightly. Last generated August 21, 2026.