Harbor Capital Group is a new Twin Cities financing outfit seeking ‘disruptive startups’ to invest between 500k – $1.5m.
“We think there are startup opportunities in many disruptive areas, but there are three that stand out among all the others: 3D Printing, Big Data and Robotics,” says CEO Jim Zitek.
“We are more like a broker dealer in the sense that we don’t have the money ourselves in a fund waiting to be deployed, we don’t do it that way…we’re focused on the company, not the fund.”
Zitek says Harbor Capital Group is still really a startup in and of itself, it has not funded anything yet, but if it does — each company will have its own limited partnership with investors from the Harbor Capital Group network. Joined by Zitek are David Keenan, Co-Founder and COO and Jerry Seppala, VP Business Development.