DFX Intelligence
Venture Capital Intelligence
Firms, funds, partners, companies and rounds from sworn filings, firm sites and announcements, kept as a graph with a date and a source on every edge. Facts, inferences and estimates are labelled as such. A fund target is never a close, GAV is never dry powder, and a round size is never an investor’s check.
Firms / Arthur Ventures
Arthur Ventures
Multi-stage venture firm · probableMinneapolis, MNarthurventures.comSEC registered investment adviserone firm, 2 filing advisers
This firm files as 2 advisers on arthurventures.com: Arthur Ventures Management, LLC. Each keeps its own CRD, funds and filings; the grouping is the website each swore to on Form ADV and is recomputed every pass.
Arthur Ventures is an early growth capital firm that leads investments in B2B software companies in every region of the U.S. and Canada.
both early and growth/opportunity families, reported GAV $1,478M
Importance
53
elevated
Active deployment
36
elevated
Emerging
0
low
Completeness
81
high
Freshness
100
high
Research priority
14
low
Identity and regulatory footprint
- Headquarters
- Minneapolis, MNadviserinfo.sec.gov
- Office address
- 250 NICOLLET MALL, SUITE 750, Minneapolis, MN, 55401adviserinfo.sec.gov
- Business phone
- 612-552-6792adviserinfo.sec.gov
- Website
- https://arthurventures.com/
- SEC adviser type
- registered investment adviseradviserinfo.sec.gov
- SEC exemption claimed
- unknown
- Latest Form ADV
- Apr 21, 2026
- Private funds reported
- 17 (15 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets
- $2.6Badviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
- Regulatory AUM
- $2.6Bthe adviser's RAUM, a regulatory measure, never a fund size
- Employees
- 19
- Owners on Schedule A
- Patrick M. Meenan Revocable Trust Agreement Dated May 4, 2020, As Amended (Member), D; Ryan J. Kruizenga Revocable Trust Agreement Dated September 7, 2018, As Amended (Member), D
- business phone
- 612-552-6792adviserinfo.sec.govpublished by the subject
Stated thesis versus observed behaviour
3 observed deals
Stated (the firm’s website)
- Sectors
- b2b
- Stages
- series a, early
- Geography
- global
- Check size
- not stated; DFX does not estimate checks from round sizes
Observed (from deals on record)
Stage at participation
series a 100%
Stage at first entry
series a 100%
Sectors
Other Technology 67%Other 33%
lead rate 100%follow-on rate 0%new logos, 12 months 3
Funds and vehicles
15 reported
| Vehicle | Type | Vintage | Lifecycle | Reported GAV | Owners | Form D sold | Latest Form D |
|---|---|---|---|---|---|---|---|
| Arthur Ventures Growth V, LP | Growth fund | 2025 form d first sale | Newly closed | unknown | unknown | $205M of $205M | Apr 10, 2025 |
| Arthur Ventures VI, LP | Fund | 2025 form d first sale | Newly closed | unknown | unknown | $395M of $395M | Apr 10, 2025 |
| Arthur Ventures Growth IV Affiliates Fund, LP | Growth fund | 2024 adv first reported | Early deployment | $2.4M Apr 10, 2024 | 18 | $0 of $1.9M | Jun 8, 2023 |
| Arthur Ventures V Affiliates Fund, LP | Feeder or parallel | 2024 adv first reported | Early deployment | $2.2M Apr 10, 2024 | 20 | $0 of $2.1M | Jun 8, 2023 |
| Arthur Ventures Growth IV, LP | Growth fund | 2023 form d first sale | Active deployment | $222M Apr 10, 2024 | 101 | $170M of $170M | Apr 14, 2023 |
| Arthur Ventures IV Affiliates Fund, LP | Feeder or parallel | 2021 form d first sale | Mature | $2.3M Apr 10, 2024 | 18 | $2.1M of $2.1M | Oct 1, 2021 |
| Arthur Ventures Growth III Affiliates Fund, LP | Growth fund | 2021 form d first sale | Mature | $1.6M Apr 10, 2024 | 16 | $1.8M of $1.8M | Oct 1, 2021 |
| Arthur Ventures 2020, LP | Fund | 2019 form d first sale | Mature | $275M Apr 10, 2024 | 43 | $109M of $125M | Nov 13, 2019 |
| Arthur Ventures Growth II, LP | Fund | 2019 form d first sale | Mature | $51.1M Apr 10, 2024 | 22 | $30.0M of $30.0M | Nov 19, 2019 |
| Arthur Ventures 2013 Opportunity Fund, LP | Opportunity fund | 2017 form d first sale | Harvest | $24.9M Apr 10, 2024 | 52 | $17.6M of $17.6M | Aug 14, 2019 |
| Arthur Ventures Growth Fund II, LP | Growth fund | 2012 form d first sale | Harvest | $45.6M Apr 10, 2024 | 95 | $45.3M of $50.0M | Jul 16, 2013 |
| Arthur Ventures V, LP | Fund | unknown | Unknown | $312M Apr 10, 2024 | 84 | $0 of $300M | Feb 14, 2023 |
| Arthur Ventures IV, LP | Fund | unknown | Unknown | $243M Apr 10, 2024 | 70 | $0 of $225M | Aug 19, 2021 |
| Arthur Ventures II, LP | Fund | unknown | Unknown | $161M Apr 10, 2024 | 87 | unknown | unknown |
| Arthur Ventures Growth III, LP | Growth fund | unknown | Unknown | $134M Apr 10, 2024 | 99 | $0 of $150M | Aug 19, 2021 |
GAV is the gross asset value the adviser reported on Form ADV for the vehicle, never the fund’s committed size and never dry powder. Form D sold is the amount sold as of the latest filing, never a final close.
Investment team
22 current, 0 departed
Kaumudh Sinde
AnalystAnalyst
Avnika (Avi) Gupta
AssociateAssociate
Cael Berg
AssociateAssociate
Chloe Ginkel
AssociateAssociate
Emma Seymour
AssociateAssociate
Kj Singh
AssociateAssociate
Marcus Chorney
AssociateAssociate
Andrew Heim
General partnerGeneral Partner
Patrick Meenan
General partnerGeneral Partner
Ryan Kruizenga
General partnerGeneral Partner
Anna Talerico
PartnerPartner
Jeff Yurecko
PartnerPartner
Patrick Michael Meenan
PartnerManaging Director; Trustee Of The Patrick M. Meenan Revocable Trust Agreement Dated May 4, 2020, As Amended · since Jan 1, 2023
Ryan James Kruizenga
PartnerManaging Director; Trustee Of The Ryan J. Kruizenga Revocable Trust Agreement Dated September 7, 2018, As Amended · since Jan 1, 2023
Jason Thomas Cummings
Platform and operationsGeneral Counsel, Partner · since Apr 1, 2023
Jeffrey Michael Yurecko
Platform and operationsChief Compliance Officer, Chief Financial Officer, Partner · since Apr 1, 2023
Mary Phillips
Platform and operationsExecutive Assistant
Jake Olson
PrincipalPrincipal
Jake Olson
PrincipalPrincipal
Kyle Frederick
PrincipalDirector
Nick Goblisch
Vice presidentVice President
Ryan Kesti
Vice presidentVice President
Investments on record
3 edges, 3 companies, 2 partner-attributed
| Company | Round | Role | Partner | Round size | This investor | Date | Source |
|---|---|---|---|---|---|---|---|
| Documo Inc | portfolio listing | lead | unknown | unknown | unknown | Sep 17, 2026 | Fact Portfolio company websites (about, investors, press pages) |
| zizzl holding company, inc. | board seat | unknown · board | Ryan Kruizenga (strongly supported) | unknown | unknown | Apr 1, 2026 | Inference SEC EDGAR Form D data sets (quarterly) |
| Circadian Risk Inc. | Series A · Series A | lead | Jake Olson (confirmed) | $6.0M | unknown | Feb 24, 2026 | Fact Press release wires (Business Wire, PR Newswire, GlobeNewswire public RSS) |
“This investor” is the amount disclosed for this investor alone; it is unknown unless a source said it. The round size is the whole round.
Co-investors
2 relationships from shared deals, counted for the whole firm
Limited partners
0 disclosed
No LP commitment on record. An LP edge needs a public disclosure with a quote: a pension report (see Limited partners for the plans read), a fund announcement naming the LP, or a Form ADV owner. The fund page carries the LP’s reported performance.
Timeline
5 dated events
- Mar 27, 2024Arthur Ventures Growth IV Affiliates Fund, LP first reported on Form ADV by Arthur Ventures (Venture Capital Fund), GAV $2,440,796Fund first reported on Form ADVFundsFactArthur Ventures Growth IV Affiliates Fund, LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 27, 2024Arthur Ventures V Affiliates Fund, LP first reported on Form ADV by Arthur Ventures (Venture Capital Fund), GAV $2,224,087Fund first reported on Form ADVFundsFactArthur Ventures V Affiliates Fund, LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Apr 14, 2023Arthur Ventures Management 2, LLC first filed Form ADV (IA)First SEC adviser filingOrganizationFactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Apr 14, 2023Arthur Ventures Growth IV, LP first reported on Form ADV by Arthur Ventures Management 2, LLC (Venture Capital Fund), GAV $173,308,673Fund first reported on Form ADVFundsFactArthur Ventures Growth IV, LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Apr 14, 2023Arthur Ventures V, LP first reported on Form ADV by Arthur Ventures Management 2, LLC (Venture Capital Fund), GAV $306,122,449Fund first reported on Form ADVFundsFactArthur Ventures V, LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Classification history
- Sep 15, 2026Multi-stage venture firm (probable, 80%, cls-1)both early and growth/opportunity families, reported GAV $1,478M
- Sep 12, 2026Multi-stage venture firm (probable, 80%, cls-1)both early and growth/opportunity families, reported GAV $1,317M
Evidence
46 observations from 3 sources