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
Founder, JBC Commercial Real Estate
Dr. Jeff Andersen, MD
Dr. Brian Tande
Dean, University of North Dakota
College of Engineering
Founder, Twilight Labs
Founder/Former CEO, Pedigree Technologies
Founder, Mission Mechanical
fund I Portfolio
By the numbers - 2022:
Eight Different Industries
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)
B2B Software & Technology
Cyber Security/Data Security