Great North Ventures

2017

Founded

26

Investments

United States

Offices

Venture Fund

Investor Type

About

Great North Ventures is an early-stage venture capital firm based in Minneapolis, Minnesota, specializing in investing in capital-efficient tech startups. Founded in 2017, the firm focuses on providing capital, connections, and operational guidance to entrepreneurs leveraging breakthrough technologies to innovate industries dominated by inefficient processes. Their investment strategy centers on three key themes: Digital Transformation Through AI, Solving Labor Problems, and Community-Driven Applications.

The firm has raised two funds since its inception, with the second fund, Fund II, closing at $40 million in May 2022. This fund continues the firm's success in investing in startups from Seed to Series A stages, with a particular emphasis on the Upper Midwest region, though they are guided by opportunity rather than geography. The team comprises experienced operators and allocators, including co-founders Robert and Ryan Weber, who bring decades of successful execution to navigate networks and implement investment intelligence.

Great North Ventures has a diverse portfolio of companies across various sectors, demonstrating their commitment to fostering innovation and growth in the tech industry.

Investment Stage

HQ Locations

Portfolio Companies

Dispatch, FactoryFix, Inhabitr, Allergy Amulet, Coverlease

Gepgraphic Focus

Upper Midwest, United States, Global

Key Differentiators

Network-driven investment approach, Focus on capital-efficient startups, Emphasis on operational guidance alongside funding

Thypical Investment Size

Seed to Series A stages

Total Funds Raised

$40 million

Visit Website

Software

SaaS

Consumer

FinTech

Pre-Seed

Seed

Series A

United States