© 2017 by 701 Ventures, LLC

Our Story

The (701) Angel Fund was established in 2015 to serve
the growing capital needs for startups within the
Midwest. By utilizing the professional experience of the
general partner and vast business knowledge of the
board of directors, this fund is well positioned to find
high-growth investment opportunities within the region.
Angel investing is time consuming and risky.
The experienced leadership of the fund leverages its
network to quickly identify, evaluate, and de-risk viable opportunities.
As a North Dakota fund, we acknowledge the
legacy of entrepreneurship, integrity, and a strong work
ethic in what we do and seek to invest in companies
with identical values. (701) has been the long time area
code of the state, but for us, it serves as a reminder to
embody those values ourselves and empower
like-minded innovators!

 

Board of Directors

Investment Board

Greg Syrup

General Partner

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James Buus, Partner

Partner & Managing Broker, Goldmark-Schlossman Commercial Real Estate Services

 

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Bruce Gjovig, Partner

Director & CEO, Center for Innovation Foundation

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Kevin Moug, Partner

CFO,  Otter Tail Corporation

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Aaron Yaggie, Partner

Partner, Red River Ag Company

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James Burgum, Partner

Managing Director, Arthur Ventures

 

By the numbers (Q3 2019):

15 Companies

Seven Industry Segments

Four States

Two Exits

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As an angel fund, we are able to leverage the experience of our investors and advisory board to evaluate opportunities across all industries.

We do have a specific interest in ventures involved in:

 

UAS/UAV Manufacturing & Technologies (Unmanned Aerial Systems)

Healthcare/Medical Device

B2B Software & Technology

Cyber Security/Data Security

Ag Solutions/BioTech

Manufacturing

 

 

 

Integrity.  

Passion.  

Innovation.

If you're an entrepreneur seeking capital, please submit any relevant information about your business on Gust.