Arthur Ventures

Arthur Ventures, LLC is a venture capital firm that focuses on post-angel and pre-institutional investments, primarily in the B2B software sector. Founded in 2008 and based in Fargo, North Dakota, the firm targets companies in various sectors including information technology, life sciences, healthcare, and clean technology. Within information technology, it emphasizes investments in software, hardware, and web-based services, while in life sciences, it concentrates on biotechnology, drug discovery, and medical devices. The firm also invests in clean technologies, particularly in areas like biofuels and energy efficiency. Arthur Ventures primarily targets early-stage companies in the Great Plains and Upper Midwest, making initial investments ranging from $500,000 to $3 million, often participating in syndications for later-stage investments. It operates primarily within the United States and Canada, seeking to support innovative companies that demonstrate growth potential.

James Burgum

Founding Partner and CEO

Ryan Kruizenga

General Partner

Molly McFadden

Associate / Growth Equity Investor

Jake Olson

Associate / Growth Equity Investor

Andrew Christensen

Director

Patrick Meenan

General Partner

Past deals in North Dakota

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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