Homegrown Capital

All Funds
/
Homegrown Capital

About

Homegrown Capital focuses on early-stage investments, typically from Seed to Series A rounds, with investment sizes ranging from $500,000 to $1.5 million. They actively participate at the board level to provide expertise and connections to grow the business. ​

Investment Focus

  • Stage Focus: Early-stage investments (Seed to Series A) with active board participation.​
  • Industry Focus: Technology-driven companies without high regulatory hurdles, with a special interest in B2B Software, AgTech, and FinTech companies demonstrating strong scalability.
  • Geographic Focus: Primarily invests in North and South Dakota and contiguous states comprising the Northern Plains Region (MN, IA, NE, MT, WY, and CO).

    • ‍

    Fund

    Homegrown Capital recently closed its debut fund at $17.2 million, slightly below its $20 million target, and is targeting $30 million for its sophomore venture capital fund.

    Other Information

    Leadership

    • Tim Weelborg, General Partner: Facilitated over 100 angel deals, established 14 angel funds across South Dakota, and previously served as Executive Director of the Enterprise Institute.
    • Matt Paulson, General Partner: Invested in over 75 angel deals, founder of MarketBeat, and chairman of Falls Angel Fund.

    ‍

    Notable Investments

    • Bushel
    • ProsperStack
    • Soiltech Wireless
    • Grain Weevil​
    • SiteKick

    Contact Info

    Contact form

    Website

    LinkedIn