701 Angel Fund

701 Angel Fund is a North Dakota-based angel investment fund established in 2015 to address the growing capital needs of startups in the Midwest. The fund collaborates with high-growth investment prospects in the region, leveraging its network of professionals to assist entrepreneurs and mitigate risks associated with new ventures. As a North Dakota fund, 701 Angel Fund honors the legacy of entrepreneurship, integrity, and a strong work ethic, seeking to invest in companies that share these values. The name '701' was once the sole area code for North Dakota, serving as a reminder to embody these principles and empower fellow innovators who share similar values.

The fund's investment focus includes sectors such as Unmanned Aerial Systems (UAS/UAV) Manufacturing & Technologies, Autonomous Systems, Healthcare/Medical Device/BioTech, B2B Software & Technology, Cyber Security/Data Security, Ag Tech, and Manufacturing. 701 Angel Fund has invested in companies like StemoniX, AgriSync, B-Mo Gen, and c2sensor, demonstrating its commitment to fostering innovation in these industries. The fund's leadership utilizes its network to quickly identify, evaluate, and de-risk viable opportunities, aiming to make an impact with their investments in a short amount of time.

701 Angel Fund is the most active angel fund in North Dakota, with a portfolio that includes 32 companies across 13 different industries and five exits as of 2025. The fund's experienced leadership and strategic focus on high-potential sectors enable it to support the growth and success of early-stage companies in the region, contributing to the economic development and innovation landscape of the Midwest.