Seth DeGroot

Managing Partner at Gravity Fund

Seth DeGroot is a prominent venture capitalist and the Managing Partner at Gravity Fund, an early-stage investment firm based in Minneapolis, Minnesota. He has held this position since April 2021, focusing on seed-stage investments primarily in technology and biotechnology sectors.1 3

Professional Background

Gravity Fund: Under his leadership, the fund emphasizes a thesis-driven approach to investing, concentrating on areas such as the next iteration of the internet and engineered biology. The fund typically invests between $100K and $5M, with a sweet spot around $1.5M.1 2
Previous Roles:
- Managing Partner at Brightstone Venture Capital (2012-2021): Here, he managed a $100 million venture fund focused on early-growth stage investments.3 4
- Board Member at VRChat Inc.: Since February 2016, he has contributed to the development of this social VR platform.3
- Director at truBrain and Horizon Oilfield Services: He has been involved with truBrain since July 2015, focusing on cognitive optimization products, and with Horizon Oilfield Services since January 2014, providing waste disposal services in North Dakota.3

Education

DeGroot holds a Bachelor of Business Administration in Finance and Marketing from Augustana University (2003-2007) and an MBA in Finance/Entrepreneurship from the University of Saint Thomas - School of Business (2007-2009).3 4

Personal Insights

Seth is passionate about technology and innovation, often reflecting on his early interests in computing and gaming. He is also involved in various community initiatives aimed at empowering artisans through economic development.4 His diverse interests include running, film, cocktails, and motorcycles.4

This blend of experience and personal passion positions Seth DeGroot as a significant figure in the venture capital landscape, particularly in Minnesota's burgeoning tech scene.