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Homegrown Capital

Kingmaker TierBased on the data VC Catalog holds.

Kingmaker Tier: 84 out of 100

  • Agtech
  • AI models & AI infrastructure
  • Banking & lending
  • Cloud & networking
  • Crypto & blockchain
  • Cybersecurity
  • Data & analytics
  • Developer tools
  • Finance operations
  • HR & future of work
  • Insurance
  • Legal, compliance & govtech
  • Media, entertainment & gaming
  • Payments
  • Productivity & collaboration
  • Sales & marketing tech
  • Vertical software
  • Wealth & investing
  • Seed
  • Series A
  • US
  • VC
  • B2B
Investor type
VC
Investing status
Activeas of 2026-09-19Source (opens in a new tab)
Headquarters
BROOKINGS, SD, United States
Founded
2021
Assets under management
$17.2MStated by firm, as of 2026-09-19Source (opens in a new tab)
Latest fund size
$30MSEC amount sold, as of 2025-03-05Source (opens in a new tab)
Funds
2
Check size
$500,000 to $2 million investmentSource (opens in a new tab)
Claim, correct or request removal

Record updated 27 September 2026

About

Founded in 2021, Homegrown Capital is a South Dakota–based venture capital firm that invests in early-stage, technology-driven companies across the Midwest and Northern Plains.

Investment approach

Thesis
Our mission is to demonstrate that world-class businesses can be built “between the coasts” by leveraging deep regional networks, a hands-on partnership model, and board-level guidance to accelerate growth and long-term success.Source (opens in a new tab)
Leads rounds
Yes
Lead policy
where we can lead or co-lead a round
Takes board seats
Yes
Board policy
We want to actively participate in our portfolio companies at a board level to provide expertise and connections to grow the business.
Eligibility
We focus our activity in the Midwest and Northern Plains states, and will also consider other "between the coasts" opportunities.
Traction requirement
Existing Customer Revenue
Investing status notes
launched its sophomore fund in May 2025 targeting $30 million to meet growing founder demand.

Funds

Homegrown Capital Fund II, LP
$30MVintage 2025, Main fund, SEC amount sold
HOMEGROWN CAPITAL FUND I, LLC
$12.1MVintage 2021, Main fund, SEC amount sold

SEC registration

SEC CIK
1881602, 2058379

Locations

Office
Brookings, SD
Office
Sioux Falls, SD

Programs

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