Dudley Fund
Impact investorBurlington · Pre-Seed–Growth · 13 people tracked
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 9 of 16 portfolio companiesHealthtech ×3SaaS ×3Advanced Manufacturing ×2Biotech ×2Digital Health ×2AI & Machine Learning ×1Circular Economy ×1Climate Tech ×1
HQs:United States×7
Who they back
founder profiles across 8 portfolio companiesFounding team size:solo founder×62 founders×2
Investments · 16 tracked
founders shown can be your intro pathBy year:2025 · 12024 · 12023 · 13 dated
Accessible Web offers RAMP, a platform for scanning and monitoring websites against WCAG accessibility standards, along with professional services such as manual audits, remediation support, and assistive technology testing.
CybersecurityDeveloper ToolsSaaS
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)
Produces non-toxic small satellite propulsion systems and end-to-end mobility services.
HealthtechBurlington, US
Artur Adib(Founder/CEO)inTim Wall(Director)
Co-investorsBreyer CapitalY Combinator1984 Ventures Management, LlcInflect HealthPromus Ventures
Caledonia Spirits produces distilled spirits made from local agricultural ingredients, with a stated focus on Vermont's farmland and terroir.
Advanced ManufacturingConsumerFoodTechHardwick, US
Aminta Conant(Director)Ryan Christiansen(Executive Officer, Director)
Co-investorsFreshTracks Capital
Residential and commercial solutions to dry, cure and store cannabis harvest using proprietary Vaportrol technology.
Co-investorsVermont Center for Emerging Technologies (VCET)
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)Sarah Kalil(Co-Founder, President & CEO)Sarah O Kalil(President Secretary CEO)
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)
Co-investorsFreshTracks CapitalBigfoot CapitalFreshTracks Green Mountain
Automation and navigation software and marine robotics for shipping, defense, energy, transportation and exploration industries.
Patented platform to socialize business intelligence and promote data culture across industries.
Advanced ManufacturingWeybridge, US
Adam Polonski(Director)Nora Ganley-Roper(Executive Officer, Director)
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
Co-investorsFCA Venture PartnersVermont Center for Emerging Technologies (VCET)
Ad tech for connected television and the open web using proprietary mapping and 280 million active users.
Licenses iconic brands and produces new food and beverage products to disrupt markets.
Parent of Filabot and Massive Dimension; designs and produces 3D printing and advanced additive manufacturing solutions.
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)
Co-investorsAccelr8Breakout LabsBreakout VenturesCavallo VenturesFreshTracks CapitalPrime Partners+7 more
Portfolio news
latest coverage across their companies
CoreMap · finsmes.com · Aug 3, 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 via acquisition or IPO, 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.
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