Our Story
The 701 Fund was established in 2015 to serve
the growing capital needs for startups within the
Midwest. The fund and its investors seek to partner with
high-growth investment opportunities within the region.
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 strong work
ethic in what we do and seek to invest in companies
with identical values.
701 was once the only area code for the state of ND.
For us, it serves as a reminder to
embody those values ourselves and empower
like-minded innovators!
Fund 2
Investment Committee
Greg Syrup
Founding Partner
​
James Buus
Founder, JBC Commercial Real Estate
Heather McDougall
Former Founder/CEO, Bogobrush
Dr. Brian Tande
Dean, University of North Dakota
College of Engineering
Todd Pringle
Founder, Twilight Labs
Alex Warner
Founder/Former CEO, Pedigree Technologies
Dr. Jeff Andersen, MD
Family Physician
Dave Obermiller
Founder, Mission Mechanical
Integrity.
Passion.
Innovation.
fund I & 2 Portfolio
By the numbers - 2023:
24 Companies
10 Different Industries
Five States
Four Exits
Featured Companies
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 submit any relevant information about your business on Gust.
OUR ADDRESS
For any general inquiries, please fill in the following contact form:
fund I & 2 Portfolio
By the numbers - 2023:
24 Companies
10 Different Industries
Five States
Four Exits
Featured Companies
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