Southern Minnesota Initiative Foundation
Overview
Southern Minnesota Initiative Foundation (SMIF) is a donor-supported foundation that invests in economic growth across 20 counties in south-central and southeastern Minnesota. Its key interests include entrepreneurship, early childhood development, and community vitality. SMIF provides funding through grants, business loans, and equity investments.
Portfolio Companies
5
Website
smifoundation.orgInvestments
| Company | Date | Stage | Lead |
|---|---|---|---|
| 75F | Sep 2014 | Grant | Co-investor |
| Ambient Clinical Analytics | Feb 2014 | Seed | Co-investor |
| Sonex Health | Sep 2019 | Corporate Funding | Co-investor |
| GoRout | - | Angel | Co-investor |
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Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.
FAQ
Where is Southern Minnesota Initiative Foundation based?
Southern Minnesota Initiative Foundation is headquartered in Owatonna, Minnesota, United States.
When was Southern Minnesota Initiative Foundation founded?
Founding year information for Southern Minnesota Initiative Foundation is not publicly available.
How many portfolio companies does Southern Minnesota Initiative Foundation have?
Southern Minnesota Initiative Foundation has 5 portfolio companies in Caplight's dataset.
What are some companies in Southern Minnesota Initiative Foundation's portfolio?
Portfolio companies visible on Caplight include 75F, Ambient Clinical Analytics, Sonex Health, GoRout.
What was Southern Minnesota Initiative Foundation's most recent investment shown here?
Southern Minnesota Initiative Foundation's most recent investment in this portfolio sample was in Sonex Health in 2019.
What sectors does Southern Minnesota Initiative Foundation focus on?
Southern Minnesota Initiative Foundation focuses on Healthcare & Life Sciences, Healthcare & Life Sciences, Enterprise Software, Real Estate & PropTech, Energy & Sustainability, Frontier & Industrial Tech, Enterprise Software, FinTech, Enterprise Software.
What company stages does Southern Minnesota Initiative Foundation focus on?
Southern Minnesota Initiative Foundation typically invests at the Early stage.
What is Southern Minnesota Initiative Foundation's AUM?
Southern Minnesota Initiative Foundation's assets under management are estimated between $75.9M and $75.9M.