Arthur Ventures

Arthur Ventures is a venture capital firm founded in 2008, with headquarters in Fargo, North Dakota, and an office in Minneapolis, Minnesota. The firm specializes in post-angel and pre-institutional investments, focusing primarily on early-stage and growth capital opportunities in technology sectors. Arthur Ventures targets B2B software companies, with particular interest in infrastructure, financial technology, and communications within the information technology domain. Additionally, it invests in life sciences, emphasizing biotechnology, drug discovery, and medical devices, as well as clean technology, focusing on energy efficiency and renewable energy solutions. The firm primarily invests in companies located in the Upper Midwest and Great Plains regions of the United States, with a broader investment scope that includes North America and Western Europe. Initial investments typically range from $500,000 to $3 million, with later-stage investments made in syndication with other investors.

Doug Burgum

Co-Founder and Partner

Andrew Christensen

Investor

Jason Cummings

Partner

Kyle Frederick

Director

Nick Goblisch

Associate

Ryan Kesti

Director

Ryan Kruizenga

General Partner

Molly McFadden

Associate / Growth Equity Investor

Patrick Meenan

General Partner

Gabrielle Meridien

Associate

Jake Olson

Associate / Growth Equity Investor

Brittany Patterson

Director

Jeff Yurecko

Operating Partner

Past deals in North Dakota

Intelligent InSites

Venture Round in 2012
Intelligent InSites, Inc. develops automation software solutions tailored for the healthcare sector. The company specializes in real-time location system (RTLS) software that enhances visibility into the movement and management of medical equipment, staff, and patients through unique ID codes and sensors. This technology helps healthcare organizations reduce waste and improve asset utilization. Intelligent InSites offers various solutions, including acute care, asset optimization, and urgent care applications, serving hospitals, clinics, and long-term care facilities both in the United States and internationally. Additionally, the company provides implementation, training, technical support, and maintenance services to ensure effective use of its software. Founded in 2003 and headquartered in West Fargo, North Dakota, Intelligent InSites focuses on transforming automatically collected data into actionable insights, enabling clients to achieve enterprise-wide visibility and drive process improvements that enhance financial performance and quality of care.

Preventice

Venture Round in 2011
Preventice Inc. develops mobile health applications and patient monitoring systems that connect mobile, home-based, and on-premise technologies for continuous patient care. It offers HealthClips Rx, an interactive patient education platform that feeds data about patient compliance and post-surgical complications back into the clinical system; and CARD-Contact Allergen Replacement Database, which provides people with skin allergies access to information about products that contain known allergens. The company also provides Coppertone MyUVAlert that helps people avoid overexposure to the sun; and iManage Migraine, an application that helps people to track and understand what triggers their migraine headaches. In addition, it offers care plan management, patient education, remote monitoring, relationship management, and integrated analytics solutions. Preventice Inc. was formerly known as Boost Information Systems, Inc. The company was founded in 2007 and is based in Rochester, Minnesota with additional offices in Fargo, North Dakota.
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