Fundraising Fox

Arthur Ventures

Venture capitalActively deploying

Minneapolis · 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

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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.

Invests inEnterprise SoftwareSaaSFargoGlobalMinneapolis

Source: firm website, verified Aug 3, 2026.

Stage
Seed–Growth
Check
$1M – $10M
HQ
Minneapolis, Minnesota, US
Leads rounds
Follows
Instruments
Equity
Founded
2013
AUM
$2.6B
Tracked investments
75

Team · 27 people

from the firm's website & public directories
Avnika (Avi) Gupta· Associate
Cael Berg· Analyst
Chloe Ginkel· Associate
Emma Seymour· Associate
Gina Thompson· Senior Recruiter
Kaumudh Sinde· Analyst
KJ Singh· Associate
Kyle Frederick· Director
Marcus Chorney· Associate
Mary Phillips· Executive Assistant

What they invest in

from 53 of 75 portfolio companies

SaaS ×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 path
DNSFilterdnsfilter.comin𝕏✓ verified

DNSFilter 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

Zumrailszumrails.comin𝕏✓ verified

Zūmrails provides a payment platform that unifies multiple payment rails (EFT, Interac, Visa Direct) with API routing, compliance, KYC tools, and card issuing into a single gateway.

Cloud ComputingFintechSaaS

Candor Technology, Inc.SEC filingmedium confidence

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

Circadian Riskcircadianrisk.comin𝕏

Ann Arbor, US

Michael Martin(Executive Officer)Daniel Young(Executive Officer, Director)Gustave Lipman(Director)

Board seatPatrick Meenan· per SEC Form D

Cybrarycybrary.itin𝕏

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

Decimal Technologies Inc.SEC filingmedium confidence

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

Documo IncSEC filingmedium confidence

Wilmington, US

Board seatRyan Kruizenga· per SEC Form D · $5M raise · filed Jun 2024

Factalfactal.comin𝕏

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 Healthgohandlhealth.comin

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

Hudu Technologies, Inc.SEC filingmedium confidence

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

Nammu Technologies, Inc.SEC filingmedium confidence

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

One Click Contractor, Inc.SEC filingmedium confidence

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

Opterrix Group, Inc.SEC filingmedium confidence

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

Praxis Campus Management Software, Inc.SEC filingmedium confidence

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

Streamline Software, Inc.SEC filingmedium confidence

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

ThreatLocker, Inc.

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 Labstjmlabs.comin𝕏

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

Zartico, Inc.SEC filingmedium confidence

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

zizzlSEC filingmedium confidence

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

Aquainvestwithaqua.comin𝕏

Aqua provides a platform that automates the management of alternative investment assets for investors.

FintechNew York City, US

Rohan Marwaha(Founder)inDev Patel(Founder)in

Athennianathennian.comin

Athennian provides an AI-powered platform for legal, tax, and fund teams to manage complex global entity structures, governance, and compliance.

AI & Machine LearningEnterprise SoftwareLegalTech

Avalaraavalara.comin𝕏

Avalara provides tax calculation, returns and reporting, and compliance document management for businesses operating at global scale.

Cloud ComputingEnterprise SoftwareFintechSeattle, US

Besmarteebesmartee.comin

BeSmartee provides lending software for banks and mortgage lenders, including automated financial spreading with AI analysis for commercial credit and a configurable mortgage point-of-sale platform.

AI & Machine LearningFintechSaaS

Certifidcertifid.comin𝕏

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

Clariondoorclariondoor.comin

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

CloseSimple
Corporatefinanceinstitutecorporatefinanceinstitute.comin

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

Cyberqpcyberqp.com

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

DataCampdatacamp.comin𝕏

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)

Decimaldecimal.com
Formationscorpformationscorp.comin𝕏

Formations provides S-Corp setup and management, bookkeeping, payroll, tax preparation, and financial dashboards for self-employed professionals and solo business owners.

FintechSaaS

Foundantfoundant.comin

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

Galacticadvisorsgalacticadvisors.com
Getviasgetvias.com

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

Gridbasegridbase.aiin

Gridbase is an AI-powered facilities intelligence platform that unifies building assets, maintenance, work orders, and floor plans into one location-based system with interactive 3D maps.

AI & Machine LearningPropTechSaaS

Handlhandl.aiin𝕏

Handl provides API-based document classification and data extraction using AI, converting documents into structured data for enterprise customers.

AI & Machine LearningData & InfrastructureEnterprise SoftwareFintechSaaSSan Francisco, US

Alexei Hahunov(Founder)inDima Matskevich(Founder)in

Handl Healthhandlhealth.comin

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

Huduhudu.comin𝕏

Hudu is a documentation and knowledge management platform that captures, standardizes, and centralizes IT infrastructure documentation, passwords, and organizational knowledge.

Developer ToolsEnterprise SoftwareSaaSFort Collins, US

Jacob Hart(Founder)inJohn Hart(Founder)in

Idearoomidearoom.comin

IdeaRoom provides online product configurator and design software for sellers of pre-engineered metal buildings, sheds, carports, post frame, RV covers, and garages, letting customers design structures online and get quotes.

Construction TechSaaSSales TechBoise, US

Ionicframeworkionicframework.com𝕏

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

Janejane.appin

Jane is a cloud-based practice management platform for interdisciplinary clinics including physiotherapy, massage therapy, counselling, and midwifery.

Cloud ComputingHealthtechSaaS

Keapkeap.comin𝕏

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)

Macabacusmacabacus.comin

Macabacus is a productivity and brand compliance add-in suite for Excel, PowerPoint, and Word that helps finance teams build and audit financial models, proof presentations, detect errors, and manage branded templates and digital assets.

Enterprise SoftwareFintechSaaS

Medvellemedvelle.comin

Medvelle offers an AI-powered inventory and procurement platform that lets med spas and aesthetic practices order all their supplies and equipment from one place, comparing offers across 20+ suppliers to reduce costs and order time.

AI & Machine LearningHealthtechSaaS

Mfaxmfax.ioin𝕏

mFax is a cloud-based fax platform focused on healthcare interoperability, connecting payers, providers, pharmacies, and government agencies.

Cloud ComputingDigital HealthHealthtech

Northteqnorthteq.comin

Northteq develops Aurôra, an end-to-end loan origination system for equipment finance lenders, including automated application-to-funding workflows, auto-decisioning, partner/vendor portals, APIs, and embedded finance components.

FintechSaaSSales Tech

Nucleus Securitynucleussec.comin𝕏

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)

Officepuzzleofficepuzzle.comin

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

Oneclickcontractoroneclickcontractor.comin

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

Opterrixopterrix.comin𝕏

Opterrix provides a risk intelligence platform that combines weather and climate data, property-level attributes, and risk scores to help insurers manage property accumulation, aggregate limits, and predict storm losses.

AI & Machine LearningClimate TechInsurTech

Optifunderoptifunder.comin

OptiFunder provides Warehouse Management Systems that connect mortgage originators and warehouse lenders across the funding lifecycle, from funding through paydown.

FintechPropTechSaaS

Pauboxpaubox.comin

Paubox provides HIPAA compliant email security for healthcare organizations, using generative AI to detect and block phishing, ransomware, and social engineering attacks before they reach the inbox.

AI & Machine LearningCybersecurityDigital Health

Payrollintegrationspayrollintegrations.comin

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

Pearlypearly.coin𝕏

Pearly is a patient billing and payments platform for dental practices, DSOs, and dental groups, using automation and data science to handle dental billing, accounts receivable management, and payment plans.

FintechHealthtechSaaSSanta Barbara, US

Perryweatherperryweather.com𝕏
phDatain𝕏

Minneapolis, US

McDonald Noland(Executive Officer)Brock Noland(Executive Officer, Director)Adam Fokken(Executive Officer, Director)Ryan Kruizenga(Director)Michael Cleveland(Executive Officer)Ryan Bosshart(Executive Officer, Director)

Pkisolutionspkisolutions.comin

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

PureSpectrumpurespectrum.comin

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)

Recastsoftwarerecastsoftware.comin𝕏

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

Rfxsolutionsrfxsolutions.comin

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 team

Bytes: 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

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

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.

Both backed · 1
$500K – $100M
Emergence Capital Partners

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.

Both backed · 1
$500K – $10M
Lowercase Capital

Lowercase Capital is a venture capital firm that backs early-stage startups, including companies working on democracy reform, climate solutions, and criminal justice reform.

Both backed · 1
Stensul
Ridge Ventures

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.

Both backed · 1
$2M – $7M
Baseline Ventures

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.

Both backed · 1
$100K – $1M
Javelin Venture Partners

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.

Both backed · 1
Stensul
$500K – $4M
Lead Edge Capital

Lead Edge Capital is a growth equity firm managing $9 billion in assets, investing in software, internet, and tech-enabled businesses.

Both backed · 1
$50M – $400M
Drive Capital

Drive Capital is a venture capital firm backing founders across the American Heartland and Midwest, partnering with companies from early idea through IPO.

Both backed · 1
$5M – $30M
Rally Ventures Management, Llc

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.

Both backed · 1
$100K – $4M
BCF Ventures

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.

Both backed · 1
Tribes Ventures

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.

Both backed · 1
$1M – $3M
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.

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