Pine Grove Overview
- Investor Type
-
Venture Capital
- Status
-
Active
- Professionals
-
2
- Investments
-
12
- Portfolio
-
4
- Exits
-
8
Pine Grove General Information
Company Description
Founded in 1999, Pine Grove is a venture capital firm based in Minneapolis, Minnesota. The firm prefers to invest in healthcare sector companies.
Business Details
Website
www.pinegrovemgmt.comYear Founded
Investor Status
Primary Investor Type
Corporate Office
- 1201 Yale Place
- Suite 1502
- Minneapolis, MN 55403
- United States
Pine Grove Investments (12)
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Company Stage | Lead Partner |
|---|---|---|---|---|---|---|
| Inkit | 01-Jan-2021 | Later Stage VC | Business/Productivity Software | Generating Revenue | ||
| Deft Research | 01-Jan-2019 | 00000 00000 | Media and Information Services (B2B) | Generating Revenue | ||
| HabitAware | 13-Mar-2018 | 00000 00000 | 00000 | Other Hardware | Generating Revenue | |
| Beacon Healthcare Systems | 01-Sep-2013 | 0000 00000 | 00.00 | Enterprise Systems (Healthcare) | Generating Revenue | |
| HealthPocket | 22-Aug-2012 | 00000 00000 | 000 | Information Services (B2C) | Startup | |
| SmartReceipt | 08-Nov-2010 | 00000 00000 | 00000 | Business/Productivity Software | Generating Revenue | |
| Orange Tree | 01-Jan-2003 | 00000 00000 | Media and Information Services (B2B) | Generating Revenue | ||
| Certifi | 00000 00000 | Financial Software | Generating Revenue | |||
| DestinationRx | Early Stage VC | Other Healthcare Services | Profitable | |||
| MyMedicareBot | PE Growth/Expansion | Business/Productivity Software | Generating Revenue |
Pine Grove Exits (8)
| Company Name | Exit Date | Exit Type | Exit Size |
|---|---|---|---|
| Patient's Choice Home Health Care | 26-Sep-2022 | Merger/Acquisition | |
| MyMedicareBot | 19-Sep-2022 | 0000000000 | |
| Deft Research | 20-Apr-2021 | 0000000000 | |
| Orange Tree | 02-Feb-2021 | 0000000000 | |
| HealthPocket | 15-Jul-2014 | 000000000000 | 000.00 |
| SmartReceipt | 13-Mar-2014 | 000000000000 | 00.000 |
| DestinationRx | 17-Jan-2013 | Buyout/LBO | |
| Warm Health | 20-Jun-2012 | Buyout/LBO |
Pine Grove Investments by Industry, Year, and Region
Investments by Industry
Investments by Year
Investments by Region
Pine Grove Management, Team & Partners (2)
| Name | Title | Deals | Funds | Boards | Office |
|---|---|---|---|---|---|
| Randall Herman | Co-Founder & Principal | Minneapolis, MN | |||
| Daniel Freier | Co-Founder, Principal & Board Member | 0 | Minneapolis, MN |
Pine Grove Co-Investors (1)
| Name | With | Exits | Lead Partner | Series | Industry |
|---|---|---|---|---|---|
| 9Yards Capital | 0 |
|
|
Pine Grove FAQs
-
What is Pine Grove?
Founded in 1999, Pine Grove is a venture capital firm based in Minneapolis, Minnesota.
-
When was Pine Grove founded?
Pine Grove was founded in 1999.
-
Who is the founder of Pine Grove?
Randall Herman and Daniel Freier are the founders of Pine Grove.
-
Where is Pine Grove headquartered?
Pine Grove is headquartered in Minneapolis, MN.
-
How many investments has Pine Grove made?
Pine Grove has made 12 investments.
-
What has Pine Grove invested in?
Pine Grove has made numerous investments in companies like Inkit, Deft Research, and HabitAware within the Business/Productivity Software, Media and Information Services (B2B), and Hardware industries.
-
What has Pine Grove invested in recently?
Pine Grove's latest investment was on 01-Jan-2021 in Inkit, a company within the Business/Productivity Software industry.
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