Arthur Ventures

Arthur Ventures, LLC is a venture capital firm founded in 2008 and headquartered in Fargo, North Dakota, with an office in Minneapolis. The firm specializes in post-angel and pre-institutional investments, primarily focusing on early-stage technology companies in North America and Western Europe. Its investment sectors include information technology, life sciences, healthcare, and clean technology, with particular emphasis on B2B software, biotechnology, drug discovery, medical devices, and clean energy solutions. Arthur Ventures typically invests between $500,000 and $3 million in early-stage companies and seeks to participate in later-stage investments in collaboration with other investors. The firm's investment strategy is particularly concentrated in the Upper Midwest region of the United States, targeting opportunities that align with its expertise in infrastructure, financial technology, and communications.

Douglas J. Burgum

Partner

James Burgum

Partner

Andrew Christensen

Investor

Kimberly Correll

Associate

Kimberly Herrmann

vice_president

Megan Lind

Investor Relations and Communication

Molly Mcfadden

Associate

Patrick Meenan

General Partner

Lauris Molbert

Venture Partner

Dave O'Hara

Venture Partner

Jake Olson

Associate

Anna Talerico

Partner

Jeremy TenBroek

Director of Technology

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.