# Homegrown Capital

Homegrown Capital is a Venture Capital based in Brookings, United States.

## Overview

- **Organization type:** Venture Capital
- **Headquarters:** Brookings, United States
- **Region:** North America
- **Address:** Brookings, SD, United States
- **Founded:** 2021
- **Assets under management:** Undisclosed
- **Website:** www.homegrown.capital
- **LinkedIn:** https://www.linkedin.com/company/homegrown-capital

## Regulatory record

- **CRD number:** 335401
- **Registration status:** Registered
- **Reports private funds:** Yes
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/335401

## About

Homegrown Capital is a South Dakota-based venture capital firm that invests in early-stage, technology-driven companies across the Midwest and Northern Plains. It focuses on Seed to Series A rounds, typically leading or co-leading investments of $500,000 to $2 million. Industry preferences include B2B software, AgTech, FinTech, and media/subscription models. The firm uses a hands-on partnership model and board-level guidance.

## Sectors

- Enterprise Software
- FinTech
- Real Estate

## Offices

- Sioux Falls, SD

## People

- Matt Paulson — Co-founder and Managing Partner
- Tim Weelborg — Co-founder and Managing Partner

## Questions

### How does Homegrown Capital fund its investments?

The firm is self-funded through the operational cash flows of MarketBeat, the financial media company Matt Paulson founded. This permanent-capital structure means Homegrown does not raise outside limited partner commitments for a traditional venture fund. Instead, it deploys capital on a deal-by-deal basis, often alongside the Falls Angel Fund network and other regional co-investors.

### What investment stages does Homegrown Capital target?

Homegrown focuses on seed and early-stage venture rounds. The firm has not announced participation in Series B or later-stage deals. Its portfolio is concentrated in companies based in South Dakota and the broader northern Plains, where institutional venture capital presence is thin.

### Does Homegrown Capital invest only in tech startups?

No. While the venture portfolio targets enterprise software and fintech companies, the firm also holds significant real estate assets in Sioux Falls. These include three residential properties — City's Edge, The MarQ, and The Brixx — as well as the mixed-use development The Crimson. The partners also maintain a personal cryptocurrency portfolio.

### Who runs investment decisions at Homegrown Capital?

Co-founders Matt Paulson and Tim Weelborg serve as Managing Partners. Paulson is the more visible figure, given his role as founder of MarketBeat and chairman of the Falls Angel Fund. Weelborg's background leading Enterprise Institute, an economic development organization, provides a complementary lens on regional company-building.

### How is Homegrown Capital related to Falls Angel Fund?

Matt Paulson chairs the Falls Angel Fund, a regional angel network that co-invests with Homegrown in early-stage companies. The two entities frequently participate in the same rounds, giving Homegrown access to deals sourced through the broader angel network while maintaining its own balance-sheet capital for direct commitments.

## Related profiles

- [Homecoming Capital](https://altss.com/profile/homecoming-capital)
- [Homegrown CPG](https://altss.com/profile/homegrown-cpg)

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Last updated: 2026-08-11T15:06:57.816Z

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