Top Stories of 2020, iraLogix, and LaunchMN Calls for Mentors
Welcome to our last newsletter of 2020. It’s been a challenging year. We feel fortunate that the local early-stage startup scene has remained strong, and believe that investment in innovation and digital transformation will help fuel the post-pandemic economic recovery. In 2020 Great North Labs invested a total of $5.8M, adding 14 startups to our portfolio for […]
Seizing Opportunity in a Recession, Allergy Amulet, and Twin Cities Startup Week
Last month we wrote about the history of local startups that were formed during a recession and went on to success, including local unicorn Jamf. The conversation quickly turned to what that means for founders and investors. Starting Up in a Downturn The idea is that while many startups are beat down by strong headwinds, those that are […]
Recessionary times, a record-setting IPO, and Minnesota’s Resilient Startups
Today it was announced that last quarter’s drop in GDP was the second largest ever recorded. Overall US economic output fell by 9.5%. This dire news comes on the heels of fantastic news for the MN tech startup community: the largest IPO from a Minnesota company ever, Jamf’s $468M IPO and $4.7B market cap. Minnesota’s Resilient Startups In good times, […]
Minnesota's Resilient Startups
There is a history of successful tech companies in Minnesota founded during recessions. These resilient startups didn’t just survive- they proliferated under pressure. Jamf, which recently raised $468M in an IPO, is the largest, latest, and highest-profile example. Jamf was founded in 2002 out of UW-Eau Claire, and is headquartered in Minneapolis. Jamf is now […]