VC  Dakota Venture Group

http://www.dakotaventuregroup.com





     Office Locations:

Center for Innovation, Ina Mae Rude Entrepreneur Center
4200 James Ray Drive
Grand Forks, ND 58203
Phone: 701-610-9196
Fax: 701-777-2339

 

Stages:

  • Early


 

Industries:

  • Consumer Products & Services
  • Information Technology
  • Software & Internet

  •  

    Description:

    Founded in September 2006, the Dakota Venture Group (DVG) is a University of North Dakota, student run venture capital investment fund. DVG is one of only a few student managed venture capital funds in the United States. The investment strategy of DVG includes making investments in high-growth ventures started by entrepreneurs in Minnesota and North Dakota. DVG also has a priority to invest in companies started by UND students and alumni. All investments are made with the goal of fostering statewide economic growth. DVG currently has a non-profit 'evergreen fund' fueled by benefactors and is currently in the process of starting a for-profit fund which will produce returns for DVG investors. Harvest Fund Partners, LLC was organized in July 2009 as a new venture between the DVG, Inc. and Evergreen Investment Management (EIM). DVG, Inc. is a North Dakota 501(c)(3) non-profit organization started by the members of the Dakota Venture Group at the University of North Dakota. DVG, Inc.'s Board of Directors consists of a self perpetuating group of students with experience managing the Dakota Venture Group's Innovation Fund, a $400,000 angel capital fund. Over the past six years more than 60 DVG student members have screened over 150 companies and made 13 investments.



    Investment Firm Key

       VC = Venture Capital
       PE = Private Equity
       A = Angel
       I = Incubator
       MB = Merchant Bank
       VD = Venture Debt
       FI = Family Investment Office
       FOF = Fund of Funds
       ED = Economic Development Office   
       TT = Technology Transfer Office
       CVC = Corporate Venture Capital
       SEC = Secondary Purchaser
       HF = Hedge Fund/Mutual Fund
       
       
       
    COMPANY STAGEREVENUE
    Venture Capital
    Seed Stage
    (includes "pre-seed," or
    concept stage)
    No Revenue
    Early StageMinimal
    Revenue
    Growth Stage
    (also called Mid-stage)
    $2M-$7M
    Expansion Stage
    (also called Late-stage)
    $7M and greater
    Private Equity
    Lower Middle Market$10M-$249M
    Middle Market$250M-$499M
    Upper Middle Market$500M-$1B
    Large Cap>$1B
       
       
     

    Investment Team:


    Name   Title
    Get the complete investment team + individual email addresses for investment team partners. Get personal images, LinkedIn links, investment specialties, office locations and more with a National Database subscription.
    Dara Morehouse Managing Director of IT and Operations
    Dylan Diede Managing Director of Finance
    Emily O'Brian Chairman
    John Oleksik Managing Director of Marketing
    Whitney Page Managing Director of Business Development

     

    Portfolio companies include:


      Acuity Medical International
        web link


      Buzz360
        web link


      Clean Republic
        web link


      Club Express
        web link


      DataSync
        web link


      Larada Sciences
        web link


      Ntractive
        web link


      Real Simple Furniture
        web link


      Streamline
        web link


      The Leikas Group
        web link


      The Wine Standard
        web link


     

    Recent News:


      There is no recent news for Dakota Venture Group.