Groove Capital is a Minneapolis-based venture capital firm established in 2020, focusing on early-stage investments 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. The firm launched its first fund in 2021 with $7.5 million and its second fund in 2023 with $15 million, aiming to provide capital to about 50 companies over three years, with investments typically around $250,000.

Notably, the Bush Foundation invested up to $1.5 million in Groove's second fund, underscoring the firm's commitment to supporting Minnesota-based startups. Groove Capital also hosts events like Angel Fest, an annual conference designed to empower and connect early-stage investors from Minnesota and beyond.