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The 701 Fund was founded in 2015 to address the growing capital needs of startups in the Midwest.

 

The fund, along its investors, aims to collaborate with high-growth investment prospects in the region. With experienced leadership, the fund utilizes its network of professionals to assist entrepreneurs, assess, and mitigate risks associated with new ventures.

 

As a North Dakota fund, we honor the legacy of entrepreneurship, integrity, and a strong work ethic, seeking to invest in companies that share these values. 701 was once the sole area code for North Dakota, reminding us to embody these principles and empower fellow innovators who share similar values!

what we do

Partners

Greg Syrup, SHRM-CP, MBA

Founding Partner

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Heather McDougall

Partner - Entrepreneur

 

Dr. Blake Feil, DDS, MS

Partner - Entrepreneur

Dr. Todd Pringle, PhDx2

Partner - Entrepreneur

 

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Integrity.  
Passion.  
Innovation.

Portfolio

fund Portfolio

By the numbers - as of 2026:
35 Companies
42 Investments

14 Different Industries
Ten States
Five Exits

Featured Companies

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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)

Autonomous Systems

Healthcare/Medical Device/BioTech

B2B Software & Technology

Cyber Security/Data Security

Ag Tech

Manufacturing

 

 

FOR ENTREPRENEURS
If you're an entrepreneur seeking capital, please reach out below.
 
OUR ADDRESS

4200 James Ray Dr.

Grand Forks, ND 58202

Contact@701AngelFund.com

For any general inquiries, please fill in the following contact form:

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© 2025 701 Ventures 3, LLC

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