Top Tech Companies to Watch in Minneapolis in 2022

Learn about the top tech companies in Minneapolis leading the way with tech innovation and award-winning software products.

January 10, 2022
10 mins read
Last Updated May 16, 2022
Top Tech Companies in Minneapolis

Top Tech Companies to Watch in Minneapolis in 2022

When you think of the United States’s tech hubs, you will find cities like San Diego, Los Angeles, Chicago, Raleigh, etc. However, the case of Minneapolis is a little bit different. Staying in line with the modern economy, Minneapolis has been able to project itself as one of the country’s tech hubs. Minneapolis, combined with Saint Paul, has paved the way for the next tech hub of the country. In addition, it is one of the highest tax-paying states in the country. And with this solid economic foundation, it has become one of the emerging tech hubs of the USA.  

Another contributing factor is tech enthusiasts moving to Minneapolis because of affordable living. The city has among the best income to the cost of living ratio. It surely helps attract a  lot of skilled immigrants to the region. The incredible tech culture, and startup innovations on the rise, helped Minneapolis have some next-generation tech trendsetters. In this blog, we’re going to introduce you to such top tech companies in Minneapolis that have made it big in the last few years.

Simform is one of the premium software development companies in Minneapolis, helping clients expand their tech capabilities. Connect with our industry experts to get a custom solution that complements your business methodology.

Top Tech Companies in Minneapolis

1. 75F

75F is one of the leading tech companies in Minneapolis, Minnesota, to create energy-efficient and intelligent building solutions. In 2008, the United Nations launched a campaign to raise their secretariat building temperature from 70 to 75° F. The main reason behind this was to reduce carbon footprints. So taking inspiration from that thought, 75F got started. The company uses IoT to build smart buildings that are sustainable, comfortable, and energy-efficient and positively impact the real estate sector. 

Industry Vertical: Real Estate

Founded in: 2012

Total Funding: $24.9 Million

2. Perforce

Perforce is one of Minneapolis’s most innovative tech companies emphasizing scalable software development and DevOps. It delivers dynamic, intelligent, and risk-free products and services. People are looking to launch their product in the market partner with Perforce quickly, and the industry experts involved with the organization help them in the various development aspects. Whether automotive, finance, game development, medical devices, embedded systems, retail/consumer goods, travel, entertainment, or education, Perforce can help you out. 

Industry Vertical: Software Development

Founded in: 1995

Total Funding: $30 Million

3. PCs for People

PCs for People is a non-profit organization located in Minneapolis that focuses on providing computer devices and broadband services at an affordable price, especially to those with a low income. Over the last couple of decades, they have served more than 155 k people with computers, connected 165 k people to low-cost internet, and recycled 8 million pounds of electronic devices. In addition, PCs for People have played a key role in digital inclusion and community building. 

Industry Vertical: Tech Services

Founded in: 1998

Total Funding: N/A

4. Digital River

Digital River is one of the most influential tech companies in the Minneapolis region, focusing on Commerce-as-a-Service solutions. The organization provides SaaS commerce, payments, and marketing services for business-to-business (B2B) and business-to-consumer (B2C) businesses. Their clientele consists of small to mid-sized companies from various industry verticals such as software, consumer electronics, computer games, publishing, travel, music, video games, electronic toys, and more. 

Industry Vertical: E-Commerce

Founded in: 1994

Total Funding: $50 Million

5. DTN

DTN (Data Transmission Network) helps customers become world leaders. It has experience working in various fields such as agriculture, energy, weather, financial analytics, and transportation. For this purpose, DTN delivers customer insights and analytics through internet connections. With the help of such detailed analytics, customers can make critical business decisions and mitigate the risks. In addition to all these, DTN also focuses on optimizing the business’s supply chain management.

Industry Vertical: Consumer Analytics 

Founded in: 1984

Total Funding: N/A

6. IRIS Consulting Corporation

IRIS Consulting Corporation is a privately held IT staff augmentation and consulting organization helping IT companies around Minneapolis provide best-in-class talent and resources. In the last few years, the company has earned a reputation of being one of the most trusted vendors among clients and candidates. IRIS is committed to finding the best local talents around the Minnesota region with the right-sizing staffing solutions. It understands the needs of a particular organization and, based on that, provides tailored solutions. 

Industry Vertical: IT Staff Augmentation

Founded in: 1997

Total Funding: N/A

7. Power Objects

Power Objects focuses on Microsoft business applications through service, support, and education. It is one of the leaders in delivering Microsoft 365 solutions to clients to optimize their business processes and operations. Over the years, Power Objects has worked with clients of various verticals such as finance, manufacturing, healthcare, real estate, local government projects, etc. Right from small businesses to large corporations, they cater to all. 

Industry Vertical: Information Technology

Founded in: 1993

Total Funding: N/A

8. SPS Commerce

SPS Commerce helps retail trading partners to work together seamlessly by refining the supply chain. With recent industry trends, robust processes, and a global standard supply chain, SPS Commerce aims to provide better customer service. The organization’s mission is to build an international-level retail trading network where various supply chain partners can join and collaborate in real-time. By bringing all the stakeholders together, SPS Commerce wants to create an omnichannel for retail business where it becomes easier to sell all kinds of products.

Industry Vertical: Retail

Founded in: 1987

Total Funding: $50.5 Million

9. COMM-WORKS

COMM-WORKS is an organization that extends the organization’s tech capabilities and delivers high-quality network technology deployment and managed IT services. The organization has provided technology integration and project management services to various clients around Minneapolis for the last couple of decades. With a team of industry experts, COMM-WORKS can meet the complex technology demands with the utmost ease. They are a global leader, whether network installation, wireless connection, or VoIP., they are a global leader. 

Industry Vertical: Information Technology

Founded in: 1995

Total Funding: N/A

10. OATI

OATI provides software solutions for the energy sector, such as smart grid, power and gas management, and transmission and reliability management. The organization focuses on crafting solutions to optimize energy consumption in North America. From EV charging to microgrids, OATI has shown interest in adopting the latest trend of the energy sector.  

Industry Vertical: Energy 

Founded in: 1995

Total Funding: N/A

11. OLR

OLR (Oracle Retail Community) is a conglomeration of people who understand and have experience working in the retail industry. They use this understanding to empower clients in the commerce sector. Since the last couple of decades, OLR has helped many retailers across Minneapolis to optimize their workflow. By using the latest technology and rich knowledge of the retail industry, which includes merchandising, planning, POS, Commerce, and finance, OLR aims to provide a cloud-based e-commerce solution. It also harnesses the power of SaaS for scalable success. 

Industry Vertical: Retail 

Founded in: 1998

Total Funding: N/A

12. Gravie

Gravie focuses on healthcare, health insurance, digital health solutions, and employer benefits. It is a marketplace to buy health insurance and manage healthcare-related expenses. The organization is working towards filling the gaps in the healthcare industry and has helped over 1500 employees and 100k people from the North American region. Furthermore, the organization has partnered with various brokers to improve healthcare access.

Industry Vertical: Digital Health

Founded in: 2013

Total Funding: $72.1 Million

13. Total Expert

Total Expert is a SaaS-based organization that offers an enterprise-grade marketing operating system (MOS) for financial services. The organization focuses on creating a marketing automation solution that helps clients retain customers by re-humanizing complex financial decisions. Furthermore, the solutions aim to bring marketing, sales, and compliance on a single platform so that clients can holistically build the brand. In addition to all these, Total Expert is empowering the banking industry and lenders to have a human-first approach in global financial services. 

Industry Vertical: Marketing Automation

Founded in: 2012

Total Funding: $86 Million

14. NetSPI

NetSPI focuses on delivering application and network security solutions to enterprises across the globe. It helps organizations scale and streamlines their security operations with its seasoned workforce of networks and cyber security experts. Furthermore, NetSPI combines managed services, application assessment, network assessment, and advisory services to deliver 360-degree security solutions that can detect any vulnerabilities. The various security solutions help large enterprises prevent common security threats and protect the organization’s most critical asset. 

Industry Vertical: IT Security

Founded in: 2001

Total Funding: $90 Million

15. Mindset Consulting

Mindset Consulting is leveraging the power of SAP to unlock the true potential of employees in the IT sector. It allows you to understand people by making them the center of the SAP-driven ecosystem. Furthermore, the organization focuses on experience-driven transformation for enterprise organizations by refining their business processes. Some of the most popular solutions of Mindset Consulting are SAP HANA Cloud Migration, SAP on Amazon Cloud, SAP Fiori Implementation, Custom HTML5 apps, SAP Consulting and Staffing, etc. 

Industry Vertical: IT Consulting

Founded in: 2010

Total Funding: N/A

16. SRS Web Solutions

SRS Web Solutions is one of Minneapolis’s most innovative tech companies that focuses on building software solutions for digital healthcare. They make healthcare products following the best practices of the healthcare industry. Their next-gen solutions aim to increase the productivity and effectiveness of the healthcare sector. In addition, by identifying the outdated healthcare processes, the organization seeks to introduce digitalization and remote access in today’s healthcare systems to ensure robust and reliable operations. 

Industry Vertical: Healthcare

Founded in: 2007

Total Funding: N/A

17. Horizontal Digital 

Horizontal Digital is an IT organization that focuses on creating digital marketing solutions, customer relationship management tools, e-commerce platforms, and data analytics platforms. When digitalization is the need of the hour, Horizontal Digital focuses on crafting solutions that solve customer experience and promote loyalty. Moreover, the organization also builds websites or mobile applications to cover every digital touchpoint that a customer engages. So, all-in-all, Horizontal Digital is working towards crafting connected experience and conversation channels. 

Industry Vertical: Tech Services 

Founded in: 2003

Total Funding: N/A

18. fjorge

fjorge is one of the top-rated tech companies in Minneapolis that focuses on custom software development services. Over the years, the company has worked with various business verticals and provided them services related to web development, application development, website maintenance, architecture solution, eCommerce website development, and UX design. Furthermore, the organization is looking to leverage the potential of trending technologies to solve complex business issues. fjorge also focuses on transforming your business potential. 

Industry Vertical: Software Development 

Founded in: 2004

Total Funding: N/A

19. Qumu Corporation                     

Qumu Corporation crafts software solutions that help create, manage, and publish live and on-demand video streaming content. The organization aims to deliver a best-in-class video streaming experience for a global community that allows the clients to create deeper engagement with their audience. As a result, it has produced some of the finest video streaming experiences across the globe. 

Industry Vertical: Video Streaming

Founded in: 2000

Total Funding: $53.8 Million

20. Tarmac.io                   

Tarmac.io is one of Minneapolis’ noteworthy software development companies that helps businesses of various verticals craft scalable solutions. Be it Custom Software Development, DevOps, UI/UX, Product Engineering, or Data Science, Tarmac.io has got it all covered. With a team of highly skilled industry experts and by following the best practices for software development, Tarmac.io develops some of the finest products. Furthermore, the company leverages the latest technologies and modern-day languages like Ruby, Python, Go, and Java. 

Industry Vertical: Software Development

Founded in: 2012

Total Funding: N/A

21. Branch.io                   

Branch.io focuses on ensuring a seamless user experience for mobile app users. For this purpose, they use deep linking technology to retain users and build referral programs through personalization. In addition, Branch.io primarily works on making app experiences seamless so that through those apps, clients can drive growth and increase conversations. Also, user retention and engagement is an essential aspect of this strategy. Lastly, application content becomes discoverable and shareable across marketing channels with deep linking technology.

Industry Vertical: App Marketing

Founded in: 2014

Total Funding: $367.1 Million

22. Calabrio                   

Calabrio delivers workforce optimization and analytics solutions. The primary aim behind these solutions is to enhance customer experience and boost business growth. The organization has developed an integrated software suite called Calabrio One that covers services like call recording, quality control, workforce management, and analytics solutions in one place. Furthermore, Calabrio allows you to align activities and resources that can handle today’s multichannel customer demands with ease. 

Industry Vertical: Enterprise Software

Founded in: 2007

Total Funding: $20.2 Million

23. Ascent Solutions                   

Ascent Solutions is one of the most innovative tech companies in Minneapolis that focuses on providing consulting services in cloud computing and cybersecurity. The organization aims to solve technology-related business challenges by understanding the client’s business methodologies. Nowadays, when people can’t afford to invest a lot of time planning and purchasing resources, cloud services come in handy. In addition to that, Ascent can provide related consulting and implement strategic IT solutions by overcoming cybersecurity challenges. 

Industry Vertical: IT Consulting

Founded in: 2008

Total Funding: N/A

24. OceanTech                   

OceanTech is one of the global leaders in IT asset disposition (ITAD), data center decommissioning, and environmentally responsible electronics recycling. Whether it’s small, mid-size, or large-scale enterprises, OceanTech provides cost-effective disposal services to all. It focuses on out-of-date electronic devices and removes, recycles, and re-create value in no longer needed computer systems. The ultimate aim of OceanTech is to provide the most value from unused electronic resources by following the R2:2013 Responsible Recycling standards. 

Industry Vertical: Hardware

Founded in: 2005

Total Funding: N/A

25. phData                   

phData solves real-world business data and analytics problems with cloud platforms and products. With modern data platforms like Kafka, Cloudera, Hortonworks, and Kubernetes, phData delivers world-class solutions. Moreover, the organization utilizes data science, machine learning, and interactive analytics to provide more value to its clients. Lastly, phData is also a premier provider of big data solutions that helps you to refine your overall business workflow and data pipelines.

Industry Vertical: Data and Analytics

Founded in: 2014

Total Funding: $2.5 Million

26. MentorMate                   

MentorMate is one of the finest software development companies in Minneapolis. Starting in 2001, with mobile app development, MentorMate now provides services related to web development, enterprise architecture development, cloud, DevOps, UI/UX design, staff augmentation, etc. Over the last few years, the organization has worked with various clients across the globe and solved the most complex business problems. The company has experience working with industries like education, manufacturing, medical, finance, retail, etc. 

Industry Vertical: Software Development

Founded in: 2001

Total Funding: N/A

27. DKS Systems                   

DKS Systems is a leading technology and consulting firm in Minneapolis that provides custom software development, content management, eCommerce, UI/UX design, web and mobile application development services. Right from startups to Fortune 500 companies, DKS Systems has the experience of working with all types of organizations. The organization keeps a client-first approach while delivering solutions by understanding the business needs and methodology. Based on this study, the firm provides customized solutions that help businesses. 

Industry Vertical: Software Development

Founded in: 2001

Total Funding: N/A

28. Field Nation                   

Field Nation is one of the largest and most active freelancer management systems that ensure successful collaboration between organizations and freelancers. With the help of this marketplace, companies can find, hire, and pay freelancers as per their work requirements. It also allows organizations to manage their workforce and hire temporary workers according to project needs. Finding highly skilled people is a massive task for many organizations. That’s where Field Nation comes in handy as it gaps the bridge between freelancers and employers.  

Industry Vertical: Marketplace

Founded in: 2008

Total Funding: $30.2 Million

29. Stoneridge Software                   

Stoneridge Software is one of the most famous tech companies in Minneapolis, Minnesota, that provides enterprise software solutions by utilizing modern technologies. When every business looks to stand out from its competitors, enterprise software can help them manage their daily operations. The reason behind that is the company creates it, keeping in mind the specific need of the business. That’s where Stoneridge Software comes in and offers reliable consulting services that can help you to improve workplace productivity and efficiency. 

Industry Vertical: Enterprise Software

Founded in: 2012

Total Funding: N/A

30. Flywheel.io                   

Flywheel.io is a data management and analytics platform built specifically for scientists and researchers. It helps these professionals by providing data and medical image capture, content management, scientific computation, and collaboration solutions. Furthermore, the platform combines open-source methods from various universities to accelerate discovery and help researchers. Whether it’s life science, biotech, or academic imaging, Flywheel is helping scientists to deep dive into these areas through cloud collaboration. 

Industry Vertical: Data and Analytics

Founded in: 2015

Total Funding: $25 Million

Wrapping up

Minneapolis has transcended the boundaries of traditional tech hubs to become one of the emerging tech cities of the United States. It has given birth to the new technology sphere, where the modern economy drives the paradigm shift towards next-generation tech innovations. At the same time, we listed 30 of those top tech innovators, many more successful tech companies in the region.  

If you’re someone from Minneapolis interested in expanding your tech capabilities in any industry vertical, feel free to connect with us. We’re one of the leading custom software development companies that helps you to customize solutions that can drive business growth.   

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