Healthcare and Medical Startups in MSP

Due to the history of innovation and high concentration of health industry organizations, Minneapolis-Saint Paul and surrounding regions are known as Medical Alley®.
‍
Medical Alley®, an organization comprised of more than 1,000 health and technology partners, extends the region of Medical Alley globally. With a board of directors representing some of the world’s most prominent health companies, the Medical Alley organization is known as the Epicenter of Health Innovation and Care™.

Medical Alley Starts™ (a Medical Alley service) engages with around1,000 ventures each year and dozens of corporate development teams from the largest healthcare companies in the world.For startups, Medical Alley Starts finds capital, customers, and talent.For corporations and venture capital firms, Medical Alley Starts sources deal flow, develops strategic partnerships, and disseminate competitive intelligence.

Here are 5 things you should know about Medical Alley region:

01

Minnesota’s Medical Alley region is home to many of healthcare's leading companies.

Those companies include the nation's highest-ranked hospital, Mayo Clinic; the nation's largest health insurer, United Health Group; the world's largest medical device provider, Medtronic; and one of the industry's newest unicorns, Bright Health.

02

You'll find the world's largest leading health technology innovation cluster in Minnesota.

Medical Alley is the #1 most concentrated region of health tech workers in the U.S.

03

The region is raising record levels of venture capital

Medical Alley Start's early-stage entrepreneurial ecosystem raised more than $1.7 billion in 2022. With billions of dollars in mergers and acquisitions, the region is consistently home to top deals.

04

Healthindustryorganizationsemploymore than 500,000 Minnesotans and millions more worldwide.

If you're looking for healthcare and medical talent, Medical Alley is brimming with experienced industry professionals.

05

Medical Alley has a rich history.

Medical Alley is the birthplace of implantable medical technology, collaborative care delivery and innovative health plan models. The Smithsonian has recognized six "Great Places of Invention" in the U.S., including only one for healthcare: Medical Alley.

Medical Alley, the organization,was founded by Medtronic founder, Earl Bakken; 3M leader, Lee Berlin; andthen-Minnesota Governor, Rudy Perpich in the 1980s to “advance healthcare ofmankind.”

Learn more about the health startup ecosystem

Visit Medical Alley Starts to get immersed in Minnesota's healthcare startup community.

Visit Medical Alley Starts

Click to scroll to top of page