MinnHealth

What MinnHealth does

MinnHealth (legal name: Minnesota HealthSolutions Corporation) is a private MedTech research and development company headquartered at 861 E. Hennepin Ave., Suite 440, Minneapolis, Minnesota. The company positions itself as a full-lifecycle R&D services provider, executing work across six heterogeneous technology areas: cardiovascular diagnostic and therapy devices (angioplasty tools, atherectomy devices, catheter-based interventional systems, guide-wire technologies, nitinol frames), medical instrumentation and sensors (electrocardiographs, oximeters, activity, respiratory and motion sensors), vehicle and pedestrian safety systems (child safety seats, distracted-driving smartphone technologies), health informatics software (internet, smartphone and tablet-deployed tools for structured therapies and chronic-illness coaching), advanced medical image processing (2D/3D AI-driven medical image analysis), and virtual reality systems for pediatric mental health therapy (anxiety, trauma, addiction, depression).

The company's business model is professional services: prospective clients are directed to a contact form to inquire about engagements, pricing is not publicly disclosed, and contracts are described as multi-year and tailored to each client's life-cycle needs from conceptualization through production roll-out. MinnHealth works with academic and commercial collaborators across the U.S. and is a member of Spark Gap MedTech Accelerator, the Minneapolis-based MedTech accelerator. The company is privately held with no institutional investors or funding rounds disclosed, no named management team, and no parent company; its operating geography is domestic, anchored in the Minneapolis/St. Paul metropolitan area.

The company's revenue mechanics are inference-based only — no revenue figures, headcount, or customer logos are publicly disclosed. Its go-to-market is sales-led and inquiry-based, with HIPAA-aligned privacy practices and a privacy policy covering U.S. healthcare audiences. No issued patents, trademarks, awards, regulatory actions, M&A activity, or leadership changes are documented in available material.

Name

MinnHealth

Legal name

Minnesota HealthSolutions Corporation

Website

https://minnhealth.com

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

MinnHealth is a private Minneapolis-based MedTech research and development services firm that develops cardiovascular, medical device, safety, health informatics, AI medical imaging, and VR-based mental health technologies for clients across regulated health and medical markets.

Ownership category

akta.pro rank

Product category

Medical Device R&D Services

NAICS

Research and Development in the Physical, Engineering, and Life Sciences (54171), Surgical and Medical Instrument Manufacturing (339112)

SIC

Surgical & Medical Instruments & Apparatus (3841), Electromedical & Electrotherapeutic Apparatus (3845)

akta.pro primary industry

Connected Medical Devices & Wearables (Sensors, Patches, Implantables) (HLACAPAB)

akta.pro secondary industries

SaMD – Imaging & Signal Analysis (AI/ML) (HLACANAG), Chronic Disease Management IoT (Diabetes, CHF, COPD, Hypertension) (HLACAPAD)

Keywords

• Medical device development
• Cardiovascular device design
• Health informatics solutions
• AI medical imaging
• Virtual reality therapy

Headquarters

HQ city

Minneapolis

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales

Revenue model

1. R&D Services and Product Development: MinnHealth operates as a MedTech research and development company providing services across the entire product innovation life-cycle. The company develops, evaluates and deploys novel high-impact technologies in regulated health and medical markets, suggesting revenue comes from research services, product development contracts, and potentially licensing of developed technologies.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

MinnHealth is a Minneapolis-based MedTech R&D services company that develops novel, high-impact technologies in regulated health and medical markets. The company takes products from initial concept through production across six technology domains: cardiovascular, medical devices, safety systems, health informatics, AI medical imaging, and VR-based mental health therapy.

Product overview

MinnHealth is a Product Focused MedTech Research and Development company headquartered in Minneapolis/St. Paul, Minnesota. The company operates as a diversified medical technology developer rather than a single-product company, offering multiple technology areas: Cardiovascular Diagnostic and Therapy Technologies, Medical Device Technology, Vehicle and Pedestrian Safety Systems, Health Informatics Software, Advanced Medical Image Processing, and Virtual Reality in Medicine. These technology areas span the full product lifecycle from concept through production roll-out, serving regulated health and medical markets with novel high-impact technologies.

Differentiator

Problem solved

Functional benefit

Products and services

• Cardiovascular Technology R&D

Segments1 record

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability3 records

Feature6 records

Partnerships

One partnership is on record.

• Spark Gap MedTech AcceleratorminorOthersMinnHealth is identified as 'A Member of Spark Gap MedTech Accelerator' on their website footer. This membership provides access to accelerator resources, networking, and support within the MedTech ecosystem. Spark Gap MedTech Accelerator is based in the Minneapolis/St. Paul area, the same region as MinnHealth's headquarters.

Scale indicators1 record

Recent moves4 records

Expansion highlights3 records

Emerging players

• Aidoc: Aidoc is an AI-powered medical imaging analysis company providing 2D/3D automated clinical imaging solutions — directly comparable to MinnHealth's advanced medical image processing AI/ML capabilities and a potential client for MinnHealth's imaging R&D services.
• HistoSonics: HistoSonics is a Minneapolis-based MedTech company developing histotripsy platform technology — a fellow Minneapolis medtech hub member that MinnHealth could potentially support with R&D services or collaborate with through shared regional talent and infrastructure.
• Inspire Medical Systems: Inspire Medical Systems is a Minneapolis-based MedTech company developing implantable neurostimulation devices and emerged from the regional medtech ecosystem — comparable as a fellow Minneapolis-headquartered MedTech innovator and potential ecosystem partner for MinnHealth.
• Limbic: Limbic is a digital therapeutics and VR-based mental health platform developer focused on anxiety, depression, and behavioral health — directly comparable to MinnHealth's virtual reality mental health therapy work for pediatric patients.
• Cardiac Dimensions: Cardiac Dimensions develops catheter-based interventional heart failure therapy devices, including nitinol frame implants — directly overlapping MinnHealth's cardiovascular interventional, catheter, and nitinol frame development expertise.

Broad incumbents

• Medtronic: Medtronic is the largest MedTech company headquartered in the Minneapolis metro and a major developer of cardiovascular interventional devices, including atherectomy, catheters, and guide-wire systems — directly relevant as both a potential MinnHealth client and a benchmark for the Minneapolis medtech ecosystem MinnHealth serves.
• Surmodics: Surmodics is an Eden Prairie, Minnesota-based medical device and in vitro diagnostics company specializing in surface modification technologies and drug delivery coatings — comparable as a Minneapolis-region MedTech incumbent that could be a client or partner for MinnHealth's R&D capabilities.

Direct peers

• StarFish Medical: StarFish Medical is a Canadian medical device design, development, and contract manufacturing firm serving regulated medical markets end-to-end — from concept through production — making it the closest comparable to MinnHealth as a full-lifecycle MedTech R&D services provider.
• Veranex (formerly Ximedica): Veranex is a global MedTech contract research, design, and regulatory services firm that supports medical device development from concept through commercialization — directly comparable to MinnHealth's full-lifecycle R&D service model.
• Cambridge Consultants: Cambridge Consultants is a deep-tech product development and engineering consultancy with a significant medical devices practice covering cardiovascular, connected health, and imaging — matching MinnHealth's cross-disciplinary MedTech R&D approach.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about MinnHealth