Arthur Ventures
Venture capitalActively deployingMinneapolis · Seed–Growth · 27 people tracked
Also known as Arthur Ventures 2013 · Arthur Ventures 2017 · Arthur Ventures 2020 · Arthur Ventures Affiliates · ARTHUR VENTURES MANAGEMENT 2, LLC
Investment thesis
Arthur Ventures provides growth capital to premier B2B software companies, focusing on early-stage, high-growth businesses on a global basis. The firm positions itself as a high-growth partner for high-growth companies, backing enterprise software ventures and supporting them as they scale.
Source: firm website, verified Aug 3, 2026.
Team · 27 people
from the firm's website & public directoriesWhat they invest in
from 53 of 75 portfolio companiesSaaS ×39AI & Machine Learning ×16Fintech ×15Enterprise Software ×14Healthtech ×12Cybersecurity ×9Data & Infrastructure ×7Digital Health ×7
HQs:United States×36Canada×1
Investments · 75 tracked
founders shown can be your intro pathDNSFilter provides DNS security filtering that sorts malicious from legitimate DNS requests to protect users during work.
AI & Machine LearningCybersecurityEnterprise SoftwareSaaSWashington, US
Ken Carnesi(CEO and Co-founder)inBrian Gillis(Chief Architect)Dmitri Alperovitch(Director)Ryan Kruizenga(Director)Thomas Krane(Director)Kenneth B. Carnesi, Jr.(Executive Officer)
Board seatRyan Kruizenga· per SEC Form D
The Villages, US
Mark Hinshaw(Director)Patrick Meenan(Director)Thomas Showalter(Executive Officer, Director)
Board seatPatrick Meenan· per SEC Form D · $13.1M raise · filed Aug 2021
Ann Arbor, US
Michael Martin(Executive Officer)Daniel Young(Executive Officer, Director)Gustave Lipman(Director)
Board seatPatrick Meenan· per SEC Form D
Cybrary provides online cybersecurity training courses, certification prep programs, and hands-on labs for individuals and enterprise teams.
CybersecurityEdTechSaaS
Klee Kleber(Executive Officer, Director)Ron Gula(Director)Jeremy Gehring(Executive Officer, Director)Jim Curry(Director)Ryan J. Cory(Executive Officer, Director)Ralph, Jr. P. Sita(Executive Officer, Director)
Board seatRyan Kruizenga· per SEC Form D
Middletown, US
Jacob Cloran(Executive Officer, Director)Matthew Tait(Executive Officer, Director)
Board seatPatrick Meenan· per SEC Form D · $11.5M raise · filed Apr 2023
Wilmington, US
Board seatRyan Kruizenga· per SEC Form D · $5M raise · filed Jun 2024
Factal provides real-time verification of critical global events and risk intelligence for organizations, combining AI analysis with human journalists to detect early signals from social media.
AI & Machine LearningEnterprise SoftwareGovTech
Benjamin Tesch(Executive Officer)Cory Bergman(Executive Officer, Director)Charles Tillinghast(Executive Officer, Director)
Board seatPatrick Meenan· per SEC Form D
Handl Health is an AI platform that aggregates publicly available healthcare pricing data to help insurance brokers and benefits consultants optimize health plans and identify cost savings opportunities.
AI & Machine LearningData & InfrastructureHealthtechInsurTechCerritos, US
RiainAishwaria Shah(Executive Officer, Director, Promoter)Ahmed Marmoush(Executive Officer, Director, Promoter)
Board seatRyan Kruizenga· per SEC Form D
Grand Junction, US
Jacob Hart(Executive Officer, Director)Amy Burgess(Executive Officer)John Hart(Executive Officer, Director)Ryan Kruizenga(Director)
Board seatRyan Kruizenga· per SEC Form D · $5M raise · filed May 2023
Nashville, US
William K. Norton(Executive Officer, Director)Samuel J.H. Beutler(Executive Officer, Director)
Board seatPatrick Meenan· per SEC Form D · $4.5M raise · filed Nov 2024
Carmel, US
Justin Hatcher(Director)Jake Olson(Director)Robert Macklin(Director)Ryan Allyn Lococo(Executive Officer, Director)
Board seatJake Olson· per SEC Form D · $9.4M raise · filed Jun 2026
Monona, US
Dan Reed(Director)Amanda Parker(Executive Officer)Jordan Liebl(Executive Officer)Barbara Bufkin(Director)Ben Zimmerman(Executive Officer, Director)
Board seatRyan Kruizenga· per SEC Form D · $11.5M raise · filed Oct 2025
Philadelphia, US
Ryan Kruizenga(Director)Amanda Greene(Director)Phil Jones(Director)William Tyler Caldwell(Executive Officer, Director)Brent Mills(Director)
Board seatRyan Kruizenga· per SEC Form D · $746.2K raise · filed Mar 2025
Sacramento, US
"Michael ""Mac""" Clemmens(Executive Officer, Director)
BoardJEFFREY COOK(Director)DENNIS STEPHAN JR.(Director)ROBERT RODRIGUEZ(Director)
Board seatRyan Kruizenga· per SEC Form D · $7.9M raise · filed Jan 2025
Orlando, US
Samantha Jenkins(Executive Officer, Director)Anthony Costa(Director)Ross McIntosh(Executive Officer)Rob Allen(Executive Officer, Director)Daniel Jenkins(Executive Officer, Director)Craig Ellis(Director)
Board seatRyan Kruizenga· per SEC Form D
TJM Labs builds AI agents that automate pharmacy operational tasks such as prescription intake, data entry, refills, prior authorization, and patient communication, working across pharmacies' existing systems with pharmacist oversight.
AI & Machine LearningDigital HealthHealthtechSaaS
Jonathan Adly(Founder & CEO)
Board seatPatrick Meenan· per SEC Form D
Salt Lake City, US
Jay Kinghorn(Executive Officer, Director)Sarah Lehman(Executive Officer, Director, Promoter)
BoardDarren Dunn(Director)
Board seatRyan Kruizenga· per SEC Form D · $5.8M raise · filed Jul 2024
Hartland, US
Ryan Kruizenga(Director)Richard Gallun(Director)Kevin Hill(Director)Raymond, Jr. E. Seaver(Executive Officer, Director)Raymond E. Seaver, Jr.(Executive Officer, Director)
Board seatRyan Kruizenga· per SEC Form D · $1.5M raise · filed Apr 2026
CertifID provides software, insurance, and recovery services to prevent and respond to real estate wire fraud, serving the title industry and parties in property transactions.
CybersecurityFintechPropTechGrand Rapids, US
Mike DeVries(Director)Lawrence Duthler(Executive Officer)Thomas W. Cronkright(Executive Officer, Director)Tyler Adams(Executive Officer, Director)Tom Cronkright
ClarionDoor is a rating and product-delivery platform for insurers and MGAs to configure rating logic, quote, bind coverage, and launch specialty products across distribution channels without waiting on core system updates.
FintechInsurTechSaaS
Corporate Finance Institute (CFI) is an online training platform offering certifications and courses in financial modeling, valuation, FP&A, financial analysis, business intelligence, and related finance and AI skills.
EdTechFintechSaaS
CyberQP provides Zero Trust access management software, including Privileged Access Management (QGuard) and End-User Access Management (QDesk), offering just-in-time access, credential rotation, and identity verification for service desks.
CybersecurityEnterprise SoftwareSaaS
DataCamp is a learning platform for teams that teaches data and AI skills through hands-on coursework accessible via web browser and mobile app.
AI & Machine LearningData & InfrastructureEdTechNew York City, US
Jonathan Cornelissen(Executive Officer, Director, Promoter)Dieter de Mesmaeker(Executive Officer, Director, Promoter)Martijn Theuwissen(Executive Officer, Director, Promoter)
Formations provides S-Corp setup and management, bookkeeping, payroll, tax preparation, and financial dashboards for self-employed professionals and solo business owners.
FintechSaaS
Foundant provides cloud-based software for foundations, grantmakers, scholarship providers, and other nonprofit organizations, covering grant management, scholarship management, donor management, fund accounting, CRM, and fundraising/event management.
Cloud ComputingImpact & Social GoodSaaS
VIAS provides campus management and student information system (SIS) software for higher education institutions, covering the full student lifecycle including enrollment, registration, financial aid and accreditation reporting.
EdTechSaaS
Handl Health provides an AI platform that aggregates and analyzes publicly available healthcare pricing data to help benefits consultants compare carrier networks and design health plans.
AI & Machine LearningData & InfrastructureHealthtech
Ionic Framework is an open-source UI toolkit for building cross-platform mobile, web, and desktop apps from a single codebase using web technologies, with support for React, Angular, and Vue.
Developer ToolsSaaS
Keap is a customer relationship management and marketing automation platform for small businesses, offering tools for organizing contacts, marketing campaigns, sales, and business growth.
Marketing TechSaaSBrooklyn, US
Stephen Tracy(Executive Officer, Director)Harry A Doull(Executive Officer, Director)
Nucleus Security offers a unified exposure management platform that consolidates security data from 200+ sources, prioritizes vulnerabilities with threat intelligence, and automates remediation workflows.
CybersecurityGovTechSaaSSarasota, US
NICHOLAS FLEMING(Director)MICHAEL NIXON(Director)RYAN KRUIZENGA(Director)STEPHEN CARTER(Executive Officer, Director)SCOTT KUFFER(Director)Steve Carter(Co-founder & CEO)
Office Puzzle is an all-in-one software platform for ABA (Applied Behavior Analysis) therapy practices, combining scheduling, data collection, clinical documentation, reporting, payroll, and billing in one system.
Digital HealthHealthtechSaaS
One Click Contractor is a sales platform for home improvement and remodeling contractors that provides fast estimating tools, integrated measurements, branded proposals, e-signatures, and payment collection.
Construction TechSaaSSales Tech
OptiFunder provides Warehouse Management Systems that connect mortgage originators and warehouse lenders across the funding lifecycle, from funding through paydown.
FintechPropTechSaaS
Payroll Integrations offers an API platform that connects payroll systems to employee benefit plans such as 401k and retirement accounts, automating the transmission of payroll, census, and deferral data.
FintechHR TechSaaS
PKI Solutions develops PKI Spotlight, a real-time monitoring and alerting software that provides visibility across enterprise public key infrastructures (PKI) and Hardware Security Modules for security and post-quantum readiness.
CybersecurityEnterprise SoftwareSaaSPortland, US
PureSpectrum offers a market research technology platform, centered on its PureSpectrum Experience (PSX), that connects people, technology, and quality to support the research workflow for research stakeholders.
BiotechData & InfrastructureMarketing TechSaaSWestlake Village, US
Eileen Campbell(Director)Michael McCrary(Executive Officer, Director)Zoran Cvetojevic(Executive Officer)
BoardPatrick Meenan(Director)
Recast Software provides endpoint management tools, including Right Click Tools and Application Workspace, that add visibility, automated patching, privilege control, and application delivery on top of Microsoft Configuration Manager and Intune.
CybersecurityEnterprise SoftwareSaaS
RFX is a healthcare compliance platform that consolidates eight modules—covering provider credentialing, sanctions monitoring, incident reporting, staff records, learning management, contracts, and policy binders—into a unified system for regulatory compliance and patient safety.
Digital HealthHealthtechSaaS
Rows marked “SEC filing” are inferred from directors named on the company's SEC Form D — public regulatory data, not a portfolio list published by the firm.
Frequently asked questions
- What stage does Arthur Ventures invest at?
- Arthur Ventures invests at the Seed, Series A, Growth stages.
- What is Arthur Ventures's typical check size?
- Arthur Ventures typically writes checks of $1M – $10M.
- What sectors does Arthur Ventures focus on?
- Arthur Ventures focuses on Enterprise Software, SaaS.
- Where is Arthur Ventures located?
- Arthur Ventures is headquartered in Minneapolis, US.
- Does Arthur Ventures lead rounds?
- Arthur Ventures typically participates in rounds rather than leading them.
Media · Podcasts & interviews
featuring the teamBytes: Venture Capital 101 with Patrick Meenan of Arthur Ventures
Collective Genius · Patrick Meenan
Driving Change Ep. 12 - Venture Capital with Patrick Meenan Partner at Arthur Ventures
Collective Genius · Patrick Meenan
Co-investors · 28
High Alpha is a venture firm that creates and funds B2B SaaS companies, partnering with founders to build enterprise software businesses. It operates a venture capital arm (Capital) and a company-building arm (Studio).
Battery Ventures is a global investment firm that has backed more than 450 companies over its 40-year history, with a team operating as a single global unit and offering focused support services in talent, business development, marketing/communications, and growth/leadership.
Emergence Capital is a venture capital firm that partners with founders building B2B software companies, from early-stage cloud and SaaS pioneers to AI-native innovators.
Lowercase Capital is a venture capital firm that backs early-stage startups, including companies working on democracy reform, climate solutions, and criminal justice reform.
Ridge Ventures is a focused venture capital fund that backs experienced founders building revenue-first enterprise software companies at the late seed and early Series A stages.
Baseline is a venture capital firm that invests in early-stage technology companies across multiple sectors with a focus on backing founders building transformative enterprises.
Javelin Venture Partners is an early-stage venture capital firm that invests in unique ideas, people and business models across companies it would personally want to join.
Lead Edge Capital is a growth equity firm managing $9 billion in assets, investing in software, internet, and tech-enabled businesses.
Drive Capital is a venture capital firm backing founders across the American Heartland and Midwest, partnering with companies from early idea through IPO.
Rally Ventures is an early-stage venture capital firm focused exclusively on B2B/business technology companies, backing high-potential startups across sectors such as AI/ML, cybersecurity, fintech and SaaS.
BCF Ventures is a corporate venture capital fund spun off from BCF Business Law Firm, investing in technology startups primarily in Canada, the US, Israel, and opportunistically Europe.
11 Tribes Ventures is an early-stage venture firm that leads rounds for founders pursuing capital-efficient growth, emphasizing founder well-being alongside company performance.
▶16 more co-investors
General CatalystNew Enterprise Associates (NEA)Founder CollectiveUncork CapitalB Capital GroupF-Prime Capital Partners01 AdvisorsHarrison MetalBlockchain CapitalLightbankHyde Park Venture PartnersPreston-Werner VenturesChicago VenturesBlu Venture InvestorsWestern Technology InvestmentIn-Q-Tel
Firms observed investing alongside Arthur Ventures, from public investor directories. Shared companies are the overlap with Arthur Ventures's recorded portfolio.
Similar investors
ACT Venture Capital is an independent Irish venture capital firm that invests €1 million to €15 million in growth-stage private companies, with capacity for larger commitments through syndicated rounds.
Accel is a venture capital firm that partners with exceptional founding teams, positioning itself as a first partner to startups globally.
AirTree Ventures runs the Pioneers community, a program supporting women and gender-diverse operators, founders and aspiring founders working in high-growth startups, offering mentorship, events and access to the AirTree team.
August Capital is a venture capital firm that invests in a small number of companies, providing hands-on support to entrepreneurs building their businesses.
B Capital Group is a global venture capital firm that backs founders from early to late stage, with dedicated stage-based funds and a portfolio spanning technology, healthcare, and energy and resilience sectors.












.png)




















