Great North Ventures

Institutional venture firmSEC venture capital fund adviserRaising· Maple Grove, Minnesotagreatnorthventures.com

Operators Turned Investors We invest early into Vertical AI and Embedded Finance

In the firm's own words, from its website.

Reported fund assets
$76.0M
sum of its funds' Form ADV filings, last 30 months
New companies, 12 mo
None
Investment team
2
Latest vintage
2024
Contact decision makers
More
Ask DFX about thisView relationshipsFind contactsInvestments (33)Team (2)Funds
As of · the latest observation of this organization; filed figures are as of its latest Form ADV

26 additional co-investors and affiliates, 32 additional investments, funds and LPs, 4 events, 1 verified contact (1 firm phone)

Every relationship, signal and contact on this record, with the source on each.

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

What matters now

  1. 1 vehicle
    on Form D, 18 months

    $41M reported sold so far.

    A Form D is filed when a vehicle takes its first money, so these are open to LPs now.

    FactSEC Form D filingsFor LPs, fund-of-funds, placement agentsVehicles →
  2. 2 companies
    portfolio raising

    2 portfolio companies have new financing on record in 6 months without this firm named on the round; the latest on 27 Aug 2026 ($30M round).

    A portfolio company raising again is a follow-on decision for the firm and a co-investment opening for others.

    FactPress release wires (PR Newswire, GlobeNewswire)For Co-investors, LPs, lendersInvestments →

People to know

View all people
  • Robert Weber
    Managing Member
    Why: Named with investment responsibility
    No route on file yet
  • Ryan Weber
    Managing Member
    Why: Named with investment responsibility
    No route on file yet

Relationship network

69 connected entities2 observed rounds1 repeat counterparty

From financing rounds and every investor named in them, Form ADV and Form D filings, the firm's funds and team, and disclosed LP commitments in the venture capital graph. A round's amount is the size of the round, not money that moved between two investors.

Some relationships on this record are counted rather than named here. They open with the full profile.

Click any name or line for the rounds and sources behind it. Line weight is rounds together; dashed lines are inferred.

Reading the network
  • Sponsor
  • Company
  • Fund or vehicle
  • Person

Co-investors are read from the rounds: three or more shared rounds is a strong observed relationship, two a repeat co-investor, one a single round. Funds and people are structural. Nothing is scored that a reader cannot check.

Darker lines were active in the last 24 months or are current; lighter lines are older or undated.

How am I connected?

Name your firm, a company or a person, and DFX finds the published routes to Great North Ventures: a shared portfolio company or board, a prior employer, a co-investor, a shared LP or service provider. Every step is a filed or published record with its source; none is a guess about who knows whom.

See how you connect to Great North Ventures

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

Investing

33 companies on record, 0 new in 12 months
Investments on record
33 companies, 2 partner-attributed
CompanyRoundRolePartnerRound sizeThis investorDateSource
AMULETportfolio listingunknownunknownunknownunknownSep 16, 2026Fact Firm website
BranchMessengerportfolio listingunknownunknownunknownunknownSep 16, 2026Fact Firm website
Digital 1portfolio listingunknownunknownunknownunknownSep 16, 2026Fact Firm website
Stated thesis versus observed behaviour
34 observed deals
Stated (the firm’s website)
Sectors
ai, fintech
Stages
early
Geography
not stated
Check size
not stated; DFX does not estimate checks from round sizes
Observed (from deals on record)
Stage at participation: no observed deals yet
Stage at first entry: no observed deals yet
Industries, each company once
Hardware and deep tech, Software or Tech-enabled and IT services (4)
lead rate no observed dealsfollow-on rate 100%new companies, 12 months 0

Team

2 current, 0 departed
Decision makers
who to call first, and why; then everyone else by function
  • Robert Weber · Managing Member
    Why this person: Named with investment responsibility
  • Ryan Weber · Managing Member
    Why this person: Named with investment responsibility

Ranked by the role the firm or its filing states, a route on file and deals led. Every reason is read from the record, never inferred. Routes are published by the person or the firm (their bio, the team page or a filing) and are revealed on a plan; data bought from a provider is never shown, and a route printed at a firm the person has since left is held back.

Investment team
2 current, 0 departed
Contacts
1 firm phone

1 firm phone on record, each with its source. Values open with the complete profile.

Funds and LPs

7 vehicles, 0 LPs disclosed
Funds and vehicles
7 reported
VehicleTypeVintageLifecycleReported GAVOwnersForm D soldLatest Form D
Gnv-Pear Commerce Spv, LLCSPV or co-invest vehicle2024 adv first reportedEarly deployment$1.0M
Jun 5, 2026
14unknownunknown
Gnv-Sitekick Spv, LLCSPV or co-invest vehicle2024 adv first reportedEarly deployment$525,000
Jun 5, 2026
12unknownunknown
FF Spv Fund 2, LLCSPV or co-invest vehicle2023 adv first reportedActive deployment$999,523
Jun 5, 2026
18unknownunknown
Limited partners
0 LPs, 0 disclosed commitments
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.
Known LPs and allocators
1 relationship across the firm's funds, from public pensions and the allocator graph
AllocatorTypeFundAmountDateSource
Bush FoundationFOUNDATIONGREAT NORTH CAP FUND II at Great North Ventures$865,212
fair value on the foundation's return
reported as of Dec 31, 2024Fact IRS Form 990 / 990-PF e-file returns

Relationships across DFX

29 co-investors · on 2 other DFX graphs
Co-investors
29 counted from shared deals, for the whole firm
Across DFX and the capital chainon 2 other DFX graphs · 1 capital path Show
Across DFX
  • The same institution is held on Allocators, RIA and Wealth, matched by identifier. See which records
Across the graphs

Great North Ventures is the same institution as 2 records in Allocators and RIA and Wealth.

Allocators1RIA and Wealth1

DFX found 2 relationships across 2 datasets

Which record it is in each graph, what it is called there, and how the two were matched.

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

Checking your plan…

Capital chain

Great North Ventures sits on 1 traced path of capital across the graphs.

Allocator commitments to a manager

DFX traced 1 path of capital through this record

Every record on each path, what it committed or lent, and as of when.

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

Derived from allocator disclosures, BDC schedules and SEC filings; confidence is the weakest hop.

Checking your plan…

Evidence and history

9 dated events, 57 observations from 4 sources
Timeline
9 dated events
  1. Jul 15, 2026
    Great North Capital Fund II, LP: Form D sales unchanged at $41.0M from 2025-03-18 to 2026-07-15; the offering appears closed at about that amount (inferred)
    Fund close inferredderived signalInferenceGreat North Capital Fund II, LPno URL
  2. Jun 22, 2026
    Great North Ventures filed the first Form D for Great North Capital Fund III, LP (fund 3), its next fund after Great North Capital Fund II, LP (vintage 2021); offering $40.0M
    Fund next filedderived signalInferenceGreat North Capital Fund III, LPno URL
  3. Mar 30, 2024
    Gnv-Pear Commerce Spv, LLC first reported on Form ADV by Great North Ventures (Venture Capital Fund), GAV $843,150
    Fund first reported on Form ADVFundsFactGnv-Pear Commerce Spv, LLCForm ADV
  4. Mar 30, 2024
    Gnv-Sitekick Spv, LLC first reported on Form ADV by Great North Ventures (Venture Capital Fund), GAV $551,250
    Fund first reported on Form ADVFundsFactGnv-Sitekick Spv, LLCForm ADV
  5. Mar 31, 2023
    FF Spv Fund 2, LLC first reported on Form ADV by Great North Ventures (Venture Capital Fund), GAV $1,049,000
    Fund first reported on Form ADVFundsFactFF Spv Fund 2, LLCForm ADV
Identity and regulatory footprint
Address, phone, Form ADV filing and ownersForm ADV filed Jun 5, 2026 · 6 private fundsShow
Headquarters
Maple Grove, MNadviserinfo.sec.gov
Office address
unknownadviserinfo.sec.gov
Business phone
unknownadviserinfo.sec.gov
Website
greatnorthventures.com
SEC adviser type
Exempt reporting adviseradviserinfo.sec.gov
SEC exemption claimed
Venture capital fund adviseradviserinfo.sec.govItem 2.B(1): advises solely venture capital funds
Latest Form ADV
Jun 5, 2026
Private funds reported
6 (6 venture capital funds)adviserinfo.sec.gov
Private fund gross assets, adviser total
$76.0Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
Owners on Schedule A
32 Degrees, LLC (Sole Member And Manager), owns 75% or more; Great North Capital Management GP, LLC (General Partner), owns 75% or more
Classification history
Every classification this record has carried3 on recordShow
  1. Sep 23, 2026
    Institutional venture firm (confirmed, 95%)
    Venture manager, reported GAV $76M across 7 vehicles
  2. Sep 12, 2026
    Institutional venture firm (confirmed, 95%)
    Venture manager, reported GAV $72M across 7 vehicles
  3. Sep 12, 2026
    Institutional venture firm (probable, 80%)
    Venture manager, reported GAV $72M across 6 vehicles
Evidence
57 observations from 4 sources
Every observation behind this profile, with its source, date and class
FactValueEffectiveClassSource
Why admittedVC exemption, VC funds reportedJun 5, 2026FactForm ADV
SEC exemption claimedVenture capital fund adviserJun 5, 2026FactForm ADV
SEC adviser typeExempt reporting adviserJun 5, 2026FactForm ADV
SEC adviser typeExempt reporting adviserJun 5, 2026FactForm ADV
SEC adviser typeExempt reporting adviserMar 30, 2024FactForm ADV
First Form ADV filing2021-10-15Jun 5, 2026FactForm ADV
First Form ADV filing2021-10-15Mar 30, 2024FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-29Sep 30, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-25Sep 26, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-23Sep 24, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-21Sep 23, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-22Sep 23, 2026FactForm ADV
Adv history loadedadv-hist-1Sep 12, 2026FactForm ADV
Latest Form ADV filing2026-06-05Jun 5, 2026FactForm ADV
Latest Form ADV filing2026-06-05Jun 5, 2026FactForm ADV
Latest Form ADV filing2024-03-30Mar 30, 2024FactForm ADV
SEC statusERA - ActiveJun 5, 2026FactForm ADV
SEC status effective2026-06-05Jun 5, 2026FactForm ADV
Venture share of reported funds1Jun 5, 2026FactForm ADV
Venture share of reported funds1Mar 30, 2024FactForm ADV
Business phoneJun 5, 2026FactForm ADV
Business phoneMar 30, 2024FactForm ADV
Contact page urlSep 16, 2026Factno URL
DescriptionSep 16, 2026Factno URL
DescriptionSep 15, 2026Factno URL
HeadquartersMaple Grove, MNJun 5, 2026FactForm ADV
HeadquartersMaple Grove, MNMar 30, 2024FactForm ADV
Office addressJun 5, 2026FactForm ADV
Office addressMar 30, 2024FactForm ADV
Legal formLimited PartnershipJun 5, 2026FactForm ADV
Legal formLimited PartnershipMar 30, 2024FactForm ADV
Portfolio pageSep 16, 2026Factno URL
Portfolio pageSep 15, 2026Factno URL
Private funds reported6Jun 5, 2026FactForm ADV
Private funds reported6Jun 5, 2026FactForm ADV
Private funds reported6Mar 30, 2024FactForm ADV
Private fund gross assets (reported)$76.0MJun 5, 2026FactForm ADV
Private fund gross assets (reported)$76.0MJun 5, 2026FactForm ADV
Private fund gross assets (reported)$72.4MMar 30, 2024FactForm ADV
Schedule a diffsadiff-1Sep 27, 2026FactForm ADV
Stated sectorsAI, fintech
“sector words on the home page”
Sep 16, 2026Factno URL
Stated sectorsAI, fintech
“sector words on the home page”
Sep 15, 2026Factno URL
Stated stagesearly
“stage words on the home page”
Sep 16, 2026Factno URL
Stated stagesearly
“stage words on the home page”
Sep 15, 2026Factno URL
Team pageSep 16, 2026Factno URL
Team pageSep 15, 2026Factno URL
Venture funds reported6Jun 5, 2026FactForm ADV
Venture funds reported6Jun 5, 2026FactForm ADV
Venture funds reported6Mar 30, 2024FactForm ADV
WebsiteMar 30, 2024FactForm ADV
Site titleSep 16, 2026Factno URL
Site titleSep 15, 2026Factno URL
How this is scored
Scores, classification basis and filing advisersInstitutional venture firm, confirmedShow
Importance
40
elevated
Active deployment
60
high
Emerging
0
low
Freshness
100
high
Institutional venture firmSEC exempt reporting adviser

Venture manager, reported GAV $76M across 7 vehicles

The inputs behind each score
importance
gav: $0 · funds: 0.58 · people: 0.08 · investments: 0.57 · co investors: 0.6
active deployment
investments 12m: 0 · fund raising 18m: 1 · people joined 12m: 0 · vintage within 3y: 1 · latest investment at: not scored
emerging manager
fund count: 7 · reported gav: $76.0M · first adv filing: 2021-10-15 · years since first filing: 5

Fits, record history and connections

scored matches for this investor, every identity change, every edge

Fits

2 scored matches, best firstas of
  • score 45.5confidence 100%
    Why: sector fit; geography fit; activity; analogous
    Watch: adjacent portfolio
  • score 45.5confidence 100%
    Why: sector fit; geography fit; activity; analogous
    Watch: adjacent portfolio

Scored by DFX match engines from the record's observed portfolio, stage, geography and recent activity. A fit is a reason to look, not a mandate; the blockers say what the model could not confirm. Names and the evidence sentences show with the names on this page.

Record history

1 dated event on the change ledger, latest event first
  • Adviser's first ADV filing
    2021-10-15source on record

The ledger records every merge, rename and reclassification this record went through and the dated filings observed on it, so the identity on this page can be traced to the records it was built from. The ledger's own sentences name other records, so they show with the names.