Dudley Fund
Impact investorBurlington · Pre-Seed–Growth · 13 people tracked
Find your way into Dudley Fund
148 people in our graph share verified history with the Dudley Fund team — schools, employers, funds. One of them is your warm intro.
Investment thesis
The Dudley Fund seeks healthy financial returns for its investors while advancing economic opportunity in Vermont. It backs entrepreneurs who create jobs, attract and retain talent, expand the tax base, and generate investable wealth. The fund invests early, writing a founder's first or last check and participating in later rounds for companies that engage its mentors and demonstrate the ability to scale and create impact. It offers equity financing structured for a return within roughly ten years, and connects portfolio companies to a network of about 75 successful Vermont business leaders and access to growth-stage funding. Community and economic impact are required considerations in its process.
Source: firm website, verified Aug 3, 2026.
Team · 13 people
from the firm's website & public directories
What they invest in
from 11 of 16 portfolio companiesHealthtech ×3SaaS ×3Advanced Manufacturing ×2AI & Machine Learning ×2Biotech ×2Consumer ×2Digital Health ×2FoodTech ×2
HQs:United States×9
Who they back
founder profiles across 10 portfolio companiesFounding team size:solo founder×82 founders×2
Investments · 16 tracked
founders shown can be your intro pathBy year:2025 · 12024 · 12023 · 12022 · 14 dated
Accessible Web provides automated accessibility testing and scanning tools that help companies identify and fix WCAG violations across websites, web applications, and mobile applications.
CybersecurityDeveloper ToolsEnterprise SoftwareSaaSBurlington, US
AutoPylot is a free, FAA-approved mobile and web app for drone pilots that combines airspace status (B4UFLY), LAANC authorization, weather forecasts, pre-flight checklists, fleet management, and mission logging in one platform.
GovTechMobility & TransportationSaaSSouth Burlington, US
Tautvydas Shalna(Executive Officer, Director)
Co-investorsVermont Center for Emerging Technologies (VCET)
HealthtechBurlington, US
Artur Adib(Founder/CEO)inTim Wall(Director)
Co-investorsBreyer CapitalY Combinator1984 Ventures Management, LlcInflect HealthPromus Ventures
.png)
Caledonia Spirits is a craft distillery that produces spirits using Vermont-grown ingredients and regenerative agriculture practices, focusing on reconnecting agricultural heritage with cocktail culture.
Advanced ManufacturingConsumerFoodTechHardwick, US
Ryan Christiansen(Founder and Head Distiller)in
BoardAminta Conant(Director)
Co-investorsFreshTracks Capital
CoreMap develops medical technology that lets physicians visualize atrial fibrillation (AF), an irregular heart arrhythmia, to inform better treatment options for patients.
BiotechDigital HealthHealthtechMedical DevicesBurlington, US
Peter Spector(Co-Founder, Inventor, Chief Scientific Officer & Chairman of the Board of Clinical and Scientific Advisors)inSarah Kalil(Co-Founder, President & CEO)in
BoardAdam Rothstein(Director)Allen Kamer(Director)
Co-investorsP5 Health Ventures
DataBlend provides a data integration platform that connects financial ERP and corporate performance management applications via APIs, automating manual data movement and reporting for finance and accounting teams.
Data & InfrastructureFintechSaaSStowe, US
Ethan Carlson(Founder & Chief Product Officer)inLouis J. LaRocca(Director)David Furth(Executive Officer, Director, Promoter)in
BoardLee E. Bouyea(Director)in
Co-investorsFreshTracks CapitalBigfoot CapitalFreshTracks Green Mountain
Greensea IQ develops autonomous navigation, robotics, and software systems for subsea operations serving defense, maritime, energy, and science organizations.
AI & Machine LearningDefense TechRoboticsNot stated on this page, US
Ben Kinnaman(CEO and Founder)in
Advanced ManufacturingWeybridge, US
Adam Polonski(Director)inNora Ganley-Roper(Executive Officer, Director)in
BoardMark Bathgate(Director)Jeff Quint(Director)Thomas J. Whalen(Director)in
Co-investorsFreshTracks CapitalVermont Center for Emerging Technologies (VCET)
OhMD provides a voice AI system for medical practices that automatically answers routine patient phone calls—such as scheduling, appointment reminders, prescription refills, and general questions—and resolves them by voice or text.
AI & Machine LearningDigital HealthHealthtech
Ethan Bechtel(Founder)in
Co-investorsFCA Venture PartnersVermont Center for Emerging Technologies (VCET)
The Farmer Companies is a CPG (consumer packaged goods) professional firm that develops and builds brands for partners and their consumers.
ConsumerDirect to ConsumerFoodTech
Adam Farmer(Founder & Chairman)
Co-investorsFreshTracks CapitalVermont Center for Emerging Technologies (VCET)
ZymoChem develops bio-based materials using proprietary Carbon Conserving (C2) microbes that convert renewable feedstocks into high-value materials with increased yields.
BiotechCircular EconomyClimate TechNew MaterialsSan Leandro, US
Harshal Chokhawala(Founder & CEO)in
Co-investorsAccelr8Breakout LabsBreakout VenturesCavallo VenturesFreshTracks CapitalPrime Partners+7 more
Other
Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.
BenchmarkCannatrolIXISQuorumTriex
Portfolio news
latest coverage across their companies
CoreMap · finsmes.com · Aug 3, 2026
The Farmer Companies · pulse2.com · Aug 2, 2026
Lost Lantern · fredminnick.com · Feb 16, 2026
Frequently asked questions
- How many investments has Dudley Fund made?
- Dudley Fund has 16 tracked investments, 1 of which have exited, including 1 dated in the last 24 months.
- What stage does Dudley Fund invest at?
- Dudley Fund invests at the Pre-Seed, Seed, Series A, Growth stages.
- What sectors does Dudley Fund focus on?
- Dudley Fund focuses on AdTech, Advanced Manufacturing, AI & Machine Learning, Consumer, Data & Infrastructure, Enterprise Software, FoodTech, Hardware, Healthtech, Impact & Social Good, Mobility & Transportation, New Materials, Robotics, SaaS, Sector Agnostic, Space Tech.
- Where is Dudley Fund located?
- Dudley Fund is headquartered in Burlington, US.
- Does Dudley Fund lead rounds?
- Yes, Dudley Fund leads investment rounds.
- Who does Dudley Fund co-invest with?
- Dudley Fund most often shares deals with Vermont Center for Emerging Technologies (VCET), FreshTracks Capital, Breyer Capital, among 11 tracked co-investors.
Similar investors
Everywhere Ventures is an early-stage venture firm, backed by a community of founders and operators as LPs, that writes early checks (including pre-seed) into startups across many sectors and geographies.
MPG Fund is an early-stage venture investor backing technology startups.
The Alibaba Entrepreneurs Fund is a not-for-profit initiative of Alibaba Group that provides investment capital and strategic guidance to entrepreneurs and young people, focusing on Hong Kong and Taiwan-nexus startups.
Range is a venture capital firm that invests in founders building novel solutions in overlooked or challenging categories. The firm focuses on consensus founders with unique insights, backing companies at various stages across diverse sectors.
UntroD Capital is a deep-tech-focused investment firm that backs research-and-development-driven startups whose innovative technologies address challenges facing the planet and humanity, an approach it terms 'Real Tech'.