701 Fund

701 Fund is a North Dakota-based angel 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 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 has invested in 32 companies across 13 different industries, including UAS/UAV Manufacturing & Technologies, Autonomous Systems, Healthcare/Medical Device/BioTech, B2B Software & Technology, Cyber Security/Data Security, Ag Tech, and Manufacturing. Notably, 701 Fund has achieved five exits, demonstrating its commitment to fostering successful ventures. The fund's leadership comprises experienced professionals dedicated to supporting regional economic development through strategic investments.

For entrepreneurs seeking capital, 701 Fund offers a collaborative environment aimed at nurturing innovative ideas and scaling businesses. The fund's partners include Greg Syrup, SHRM-CP, MBA; Dr. Blake Feil, DDS, MS; Heather McDougall; and Todd Pringle, all of whom bring diverse expertise to the table. Entrepreneurs interested in partnering with 701 Fund can reach out via the contact information provided on the fund's official website.