Arthur Ventures

Arthur Ventures is a venture capital firm focused on early-stage technology companies, with an emphasis on B2B software and other information technology-enabled sectors. It backs startups across North America, including the United States and Canada, with a regional strength in the Great Plains and Upper Midwest and offices in Fargo and Minneapolis. The firm targets post-angel and pre-institutional rounds, participating in seed and early-stage financings and, in later stages, prefers syndication with other investors. Its investment scope covers information technology, life sciences, healthcare, and clean technologies, including software, hardware, web-based services, biotech, medical devices, biofuels, energy efficiency, and related enabling technologies. Arthur Ventures was founded in 2008.

Douglas Burgum

Co-Founder and Partner

James Burgum

Partner

Jason Cummings

Partner

Kyle Frederick

Director

Nick Goblisch

Associate

Ryan Kesti

Director

Ryan Kruizenga

General Partner

Molly McFadden

Vice President

Patrick Meenan

General Partner

Gabrielle Meridien

Associate

Jake Olson

Associate

Brittany Patterson

Director

Past deals in North Dakota

Intelligent InSites

Venture Round in 2012
Intelligent InSites, Inc. is a company that specializes in developing automation software solutions tailored for the healthcare industry. Founded in 2003 and based in West Fargo, North Dakota, the company provides a real-time location system (RTLS) that enhances visibility into the movement and management of medical equipment, staff, and patients. By utilizing unique identification codes and sensors, its software enables healthcare organizations to minimize wasted time and optimize asset utilization. The company offers a range of solutions, including acute care, asset optimization, and urgent care applications, serving hospitals, clinics, and long-term care facilities both domestically and internationally. In addition to its software offerings, Intelligent InSites supports its clients with implementation, training, technical support, and product maintenance, helping them transform automatically-collected data into actionable insights for improved cost efficiency and quality of care.

Preventice Solutions

Venture Round in 2011
Preventice Solutions, Inc., established in 2007, specializes in healthcare technology solutions. The company offers a range of services, sensors, and software to remotely monitor and manage patient health data, primarily focusing on cardiac care. Key products include the PatientCare Portal, a self-managed cloud platform for real-time patient data management; BodyGuardian Heart, a pocket-sized wearable monitor for enhanced patient mobility and compliance; and BodyGuardian Verité, a dual-modality remote cardiac sensor for physicians. Preventice Solutions operates from Eagan, Minnesota, with additional offices in Fargo, North Dakota, San Francisco, California, and Houston, Texas.
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