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Great North Ventures

Venture capital

Maple Grove · Seed–Series A · 15 people tracked

Also known as GREAT NORTH CAPITAL MANAGEMENT, LP

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Investment thesis

Great North Ventures backs early-stage, capital-efficient technology startups. The firm concentrates its investments on two core themes: Vertical AI and Embedded Finance, targeting companies at the early stage of their development.

Source: firm website, verified Aug 11, 2026.

Stage
Seed–Series A
HQ
Maple Grove, Minnesota, US
Leads rounds
Leads
Instruments
Equity
Founded
2017
AUM
$63M
Tracked investments
38

Team · 15 people

from the firm's website & public directories
Michael Schulte· Principalin𝕏
Art Rosenberg

Advisor to Great North Labs; president and owner of Capital Commercial Realty Group, LLC.

Brad Lehrman

Advisor to Great North Labs; attorney at Soffer Law Group, PLLC.

Mitch Coopet

Advisor to Great North Labs; co-founder of Aftercode.

Paul Borochin

Advisor to Great North Labs; assistant professor of finance at the UConn School of Business.

Shawn Teal

Advisor to Great North Labs; president of Forest Hill Capital.

Brian Bispala· Investorin
Matt Blodgett· Investorin𝕏

What they invest in

from 22 of 38 portfolio companies

AI & Machine Learning ×8SaaS ×8Enterprise Software ×6Fintech ×6Healthtech ×5HR Tech ×4Medical Devices ×4Marketplaces ×3

HQs:United States×18

Investments · 38 tracked

founders shown can be your intro path

By year:2024 · 12020 · 12017 · 13 dated

Allergy Amuletallergyamulet.comin

Allergyamulet develops a portable food allergen and ingredient sensor to help people with food allergies safely identify potential allergens in food before consumption.

ConsumerHardwareHealthtechMedical Devices

Abigail Barnes(Co-Founder & CEO)

Branchbranchapp.comin𝕏

Branch is a workforce payments platform that accelerates wage payments to employees and provides financial services.

Enterprise SoftwareFintechFuture of WorkHR TechMinneapolis, US

EnsoDataensodata.comin𝕏

Enso Data provides AI-powered analysis of physiological waveforms, particularly sleep studies, to enable clinical diagnosis and patient monitoring.

AI & Machine LearningDigital HealthHealthtechMedical DevicesMadison, US

Samuel Rusk(Director)Christopher Fernandez(Executive Officer, Director)Justin Mortara(Executive Officer, Director)Matthew D Dobereiner(Executive Officer)Broderick Hensen(Executive Officer)Samuel J. Rusk(Executive Officer, Director)

FactoryFixfactoryfix.comin𝕏

Chicago, US

Patrick O'Rahilly(Executive Officer, Director)

Flywheel Exchange, Inc.flywheel.ioin

Flywheel provides a platform for organizing, managing, and sharing medical imaging data.

AI & Machine LearningData & InfrastructureHealthtechMedical DevicesMinneapolis, US

Brian Wandell(Co-founder)Gunnar Schaefer(Co-founder)Colby Moosman(Executive Officer)Matthew D. Michela(Executive Officer, Director)Sarah Fazio(Executive Officer)Danny J. Cunagin(Director)

Heading-15dispatchit.comin

Dispatch operates a last-mile delivery orchestration platform that unifies on-demand delivery, owned fleet operations, and carrier coordination with intelligent routing and integrations to ERP, TMS, and CRM systems.

Enterprise SoftwareLogistics & Supply ChainSaaS

Heading-17 (1)withme.com
Inhabitrinhabitr.com
IRALOGIXiralogix.comin

IRALOGIX offers a cloud-native, white-label IRA platform that lets banks, advisors, and financial institutions manage individual retirement accounts of any type or balance, automating administration, compliance, and account consolidation.

Enterprise SoftwareFintechSaaSPittsburgh, US

THOMAS G. ANDERSON(Director)ANNE ARCHIBALD(Executive Officer)DAVID BERNARD(Executive Officer, Director)MICHAEL B. DOWDLE(Director)

BoardRYAN WEBER(Director)

LendAPIlendapi.comin𝕏

LendAPI provides a platform for building and launching fintech products, handling compliance, onboarding, fraud detection, and credit risk management.

AI & Machine LearningFintechSaaSOrange, US

Micruitymicruity.comin𝕏

Micruity provides infrastructure and APIs connecting recordkeepers, life insurers, plan participants, and retirees to power institutional lifetime income and retirement products.

FintechInsurTechSaaSToronto

Robert Foregger(Director)Trevor Gary(Executive Officer, Director)Chris Livadas(Executive Officer)

BoardJosh Tanenbaum(Director)Joel Brightfield(Director)Anne Ackerley(Director)

Nested-Knowledgenested-knowledge.com

St. Paul, US

Karl Holub(Executive Officer, Director)Keith Kallmes(Executive Officer, Director)Kevin Kallmes(Executive Officer, Director)

BoardTomas Philipson(Director)Dheerendra Kommala(Director)

OCNonecarnow.comin
Omnia Fishingomniafishing.comin

Omnia Fishing provides a mobile app and website with fishing intelligence tools and a personalized tackle marketplace.

ConsumerMarketplacesSports TechGolden Valley, US

Christopher J. Morgal(Executive Officer, Director, Promoter)Matthew B. Johnson(Executive Officer, Director, Promoter)Daniel G. Wick(Executive Officer, Director, Promoter)

BoardSeth Peter(Director)Weston Fricke(Director)Greg Beaufait(Director)

Parallaxgetparallax.comin

Parallax is a strategic resourcing and forecasting platform that helps agencies manage capacity, revenue, and margin risk.

Enterprise SoftwareSaaS

PartySlatepartyslate.cominFeb 2017

Chicago, US

NOVACK JULIE(Executive Officer, Director)

Pear Commercepearcommerce.comin𝕏Apr 2024

Minneapolis, US

Elizabeth Christo(Director)Alex Wyler(Executive Officer, Director)Ian Lavey(Executive Officer)Eric Martell(Chief Executive Officer)

BoardGreg Beaufait(Director)

Percent Pledgepercentpledge.comin

Percent Pledge provides corporate social responsibility (CSR) software for employee giving and volunteering, letting companies run donation programs to millions of charities, match gifts, manage volunteer time off, and access hosted volunteer events.

HR TechImpact & Social GoodSaaS

Pitchlypitchly.comin

Pitchly offers a data enablement platform with data pipeline, data workspace, and data productivity tools that automate data workflows to save time and improve performance for business teams.

AI & Machine LearningData & InfrastructureEnterprise SoftwareFuture of WorkSaaSDes Moines, US

Ryan Gerhardy(Co-founder & CEO)Michael Brook(Co-founder & CPO)

BoardMatthew Paulson(Director)Wendy Batchelder(Director)

Restrestsensor.com

Rest provides IoT-based smoke detection sensors and monitoring services for hotels to enforce no-smoking policies and maintain air quality.

HealthtechIoT

SiteKicksitekick.com
Soiltech Wirelesssoiltechwireless.com

Meridian, US

Ehsan Soltanmohammadi(Executive Officer, Director, Promoter)

Sunlightsunlightapi.comin𝕏

Sunlight provides AI agents that process B2B payments by card through suppliers' existing billing portals, enabling AP platforms and card issuers to capture card-based payments without requiring supplier enrollment or integration.

FintechNew York City, US

Guy Ziv(Founder)inLeo Chanea(Founder)inGil Peretz(Founder)in

TeamGenius

Player evaluation software for managing tryouts, coach evaluations, and camps via a mobile scoring application.

Untitled design (21)waterlily.comin𝕏

Waterlily uses AI to project a person's future long-term care needs, timelines, and costs, then helps build a personalized funding plan for individuals, families, and financial advisors.

AI & Machine LearningFintechInsurTechSan Francisco, US

Lily Vittayarukskul(Founder)

Untitled-design-40quicklly.com

Quicklly is an online marketplace for authentic Indian and South Asian groceries, restaurant meals, meal kits, ethnic wear, cultural events, and astrology/puja services, delivered across the US and Canada.

E-commerceFoodTechMarketplaces

Untitled-design-48backhouse.io

Backhouse provides a platform that consolidates online orders from delivery marketplaces such as DoorDash, Uber Eats, and Grubhub into a single device, and manages menu syncing, order support, and financial reporting for restaurants.

FoodTechRetail TechSaaS

Untitled-design-54mustard.lovein

Mustard is an influencer marketing platform that connects local businesses with a network of creators to run social media campaigns that drive in-store visits, engagement, and sales.

Creator EconomyMarketing TechMarketplaces

Untitled-design-57betteryou.aiin

BetterYou uses AI and cognitive science to build workplace wellness programs that encourage healthier habits such as better sleep, more physical activity, and social connection.

AI & Machine LearningHR TechWellness & Fitness

Untitled-design-8inhabitr.aiin

Inhabitr provides an AI-assisted furniture procurement and furnishing service for commercial real estate projects, using its "Furniture Cloud" platform to source, track, and deliver furniture.

AI & Machine LearningLogistics & Supply ChainPropTech

Vocxi Healthvocxihealth.comin

Vocxi Health develops MyBreathPrint, a noninvasive breath-analysis system that uses a sensor array to detect volatile organic compounds at parts-per-billion levels and connect them to disease patterns, with an initial focus on early lung cancer detection.

Digital HealthHealthtechMedical DevicesArden Hills, US

Greg Sherwood(Executive Officer, Director, Promoter)Randy Schiestl(Executive Officer, Director, Promoter)Yung-Ping Yeh(Executive Officer, Director, Promoter)

BoardMorgan Evans(Director)

WithMe
Yardstikyardstik.cominApr 2020

Yardstik provides AI-powered workforce trust infrastructure combining fraud prevention, background screening, credential verification, and continuous monitoring for employers and platforms.

AI & Machine LearningEnterprise SoftwareHR TechMinnetonka, US

Matthew P. Meents(Executive Officer, Promoter)Jeffrey Hinck(Director, Promoter)

BoardCharles Beeler(Director)Justin Kaufenberg(Executive Officer, Director, Promoter)

Portfolio news

latest coverage across their companies

Frequently asked questions

What stage does Great North Ventures invest at?
Great North Ventures invests at the Seed, Series A stages.
What sectors does Great North Ventures focus on?
Great North Ventures focuses on AI & Machine Learning, Construction Tech, Consumer, EdTech, Enterprise Software, Fintech, Healthtech, InsurTech, Logistics & Supply Chain, Mobility & Transportation, PropTech, SaaS.
Where is Great North Ventures located?
Great North Ventures is headquartered in Maple Grove, US.
Does Great North Ventures lead rounds?
Yes, Great North Ventures leads investment rounds.

Co-investors · 6

Riverfront Ventures, LLC

Riverfront Ventures is an early-stage venture capital fund based in Pittsburgh that invests in early-growth stage technology companies, serving as the venture capital arm of Innovation Works.

Both backed · 1
$250K – $1M
Walden Catalyst

Walden Catalyst is a venture capital firm backing founders at the frontier of scientific discovery and engineering innovation, with a focus on deep technology.

$550K
Innovation Works

Innovation Works is a Pittsburgh-based economic development organization and startup investor serving Southwestern Pennsylvania, running accelerator and hardware programs and supporting founders across robotics, life sciences, software and manufacturing.

$100K – $300K
Caravela Capital

Caravela Capital is a Brazil-based investment firm whose portfolio includes Brazilian and Latin American technology startups in areas such as fintech, proptech, and health, alongside co-investors like Canary, Monashees, Quona Capital, and Valor Capital. Its site primarily lists portfolio companies, founders, and co-investors rather than detailing its investment strategy.

$100K – $5M
Wedbush Ventures

Wedbush Ventures is an early-stage investment firm that backs founders solving problems through technological innovation, positioning itself as hands-on partners focused on helping companies grow.

$1M – $3M
Perkins Cove Partners

An early-stage venture capital firm that provides committed capital and hands-on operational support to founder-led companies. The firm deploys capital into a select number of high-potential ideas and offers cross-functional expertise in go-to-market, product, operations, hiring, and fundraising.

$100K – $500K

Firms observed investing alongside Great North Ventures, from public investor directories. Shared companies are the overlap with Great North Ventures's recorded portfolio.

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