Mode VC
Minnesota

Traction Capital

Traction Capital, based in Minnesota, backs Seed and Series A startups, can lead rounds, and writes checks from $500k to $3 million.

Website
Entry stageSeed, Series A
Check size$500K to $3M
Leads roundsYes
FocusGeneralist
Latest fundFund (2025)Fund II targeting $40M–$60M; more than $30M raised (2025)
Investing team5 peopleNo activity since Sep

Who you would pitch at Traction Capital

5 people on the investing team, 1 of them partners who can make the call. Partners are listed first.

Shane EricksonFounder & Managing PartnerHe previously spent nearly 30 years as the Co-Founder and CEO of IMC.
Peyton GreenVP of Investments / PartnerHe oversees the investment process and supports portfolio companies.
Cooper EralAnalystFocus: acquisitions and assisting on the venture side.
Ellie PigottAnalystShe joined as a Marketing Intern while a student at the University of St.
Justina PalmerAnalystFocus: acquisitions and venture side work.

Work here and something is wrong? Ask for a correction.

Writes $500K to $3M checks. Its smallest check is larger than 71% of firms in the atlas.

Bars: how many firms in the atlas report each band. Highlighted: this firm.

No recent activity since September 2026. Quiet does not mean closed.

Weekly count of activity updates. Activity is not a confirmed deal.

Before you pitch

How to reach them[email protected]

Notable investments

SuperiorPowerPusher
Founders and investors at a Mode VC gathering

Send Mode VC your deck

Raising a pre-seed or seed round? We write $1M to $5M first checks and help founders with distribution. A partner reads every deck.

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Alert me when Traction Capital is active

One email when this firm shows new activity. Nothing else.

Firms like Traction Capital

1984 Ventures$500K to $3M · active Oct 14
Alpaca VC$500K to $3M · active Sep 22
Bread and Butter Ventures$500K to $1M
Company Ventures$500K to $3M · active Oct 5
Golden Ventures$500K to $3M · active Sep 22
Julian Capital$500K to $3M · active Oct 14

On these lists

Seed investors in United States2836Series A investors in United States1790Series A investors in Minnesota8Seed investors3020Series A investors1867

Questions

What stage does Traction Capital invest in?

Traction Capital reports entry at seed, series a.

How much does Traction Capital invest?

Traction Capital reports checks of $500K to $3M.

Does Traction Capital lead rounds?

Yes. Traction Capital says it can lead.

Who are the partners at Traction Capital?

Shane Erickson (Founder & Managing Partner).

Is Traction Capital active right now?

No recent activity since September 2026.

Work at Traction Capital? Claim or correct this profile.