Arthur Ventures Management, LLC

Institutional venture firmpart of Arthur VenturesSEC exempt reporting adviserClassification probable· Minneapolis, Minnesotaarthurventures.com

Institutional venture firm, based in Minneapolis, Minnesota, reporting $895M of fund assets across 9 funds.

Composed from this organization's classification, location and filed figures.

Reported fund assets
$895M
the adviser's own Form ADV total
New companies, 12 mo
3
Investment team
19
As of · the latest observation of this organization; filed figures are as of its latest Form ADV

1 additional co-investor or affiliate, 6 additional investments, funds and LPs, 13 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. 3 deals
    with Radian Capital

    Invests most often alongside Radian Capital (3 shared deals).

    pair last observed on record 1 Oct 2026, not a deal date · The firms it syndicates with are the likeliest to see the same deals and to fill out its rounds.

    Measuredshared rounds and portfolio companies on recordFor Founders building a round, co-investorsCo-investors →

People to know

View all people

Relationship network

18 connected entities9 observed rounds2 repeat counterparties5 dated rounds shown here, 2022 to 2026

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.

What stands out
Reading the network
  • Sponsor
  • Company
  • Fund or vehicle
  • Person
›How strength and recency are read

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 Arthur Ventures Management, LLC: 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 Arthur Ventures Management, LLC

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

Investing

11 companies on record, 3 new in 12 months

Investments on record

11 companies, 9 partner-attributed
CompanyRoundRolePartnerRound sizeThis investorDateSource
zizzl holding company, inc.Form D equity offeringunknown · boardRyan James Kruizenga (strongly supported)$1.5M
form d sold
unknownApr 1, 2026Inference Form D
Circadian Risk Inc.Form D equity offeringunknown · boardPatrick Michael Meenan (strongly supported)$5.0M
form d sold
unknownSep 22, 2025Inference Form D
Streamline Software, Inc.Form D equity offeringunknown · boardRyan James Kruizenga (strongly supported)$7.9M
form d sold
unknownJan 31, 2025Inference Form D

Stated thesis versus observed behaviour

9 observed deals
Stated (the firm’s website)
Sectors
not stated or not yet read
Stages
not stated or not yet read
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 (2)
lead rate no observed dealsfollow-on rate 13%new companies, 12 months 3

Team

22 current, 0 departed

Decision makers

who to call first, and why; then everyone else by function
  • Patrick Michael Meenan · Managing Director; Managing Member
    Why this person: Managing director; Named with investment responsibility
  • Ryan James Kruizenga · Managing Director; Managing Member
    Why this person: Managing director; Named with investment responsibility
  • James Bradley Burgum · 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

22 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

0 vehicles, 0 LPs disclosed

Funds and vehicles

0 reported, 4 no longer reported
VehicleTypeVintageLifecycleReported GAVOwnersForm D soldLatest Form D
Arthur Ventures Growth Fund, LLCGrowth fundunknownWound down$2.0M
Mar 20, 2020
11unknownunknown
AV Intelligent Insites Spe II, L.P.FundunknownWound down$404,000
Mar 20, 2020
12unknownunknown
Arthur Ventures LLPFundunknownWound down$275,000
Mar 20, 2020
4unknownunknown

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
Offutt Family FoundationFOUNDATIONARTHUR VENTURES at Arthur Ventures Management, LLC$1.5M
fair value on the foundation's return
reported as of Dec 31, 2024Fact IRS Form 990 / 990-PF e-file returns

Relationships across DFX

4 co-investors · on 1 other DFX graph

Co-investors

4 counted from shared deals, for the whole firm
Across DFX and the capital chainon 1 other DFX graph · 1 capital path Show
Across DFX
Across the graphs

Arthur Ventures Management, LLC is the same institution as 1 record in Allocators.

Allocators1

The joined record opens with the product, beside every other relationship on this page.

Checking your plan…

Capital chain

Arthur Ventures Management, LLC 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

18 dated events, 20 observations from 1 source

Timeline

18 dated events
  1. Mar 31, 2022
    Arthur Ventures Growth III, LP first reported on Form ADV by Arthur Ventures Management, LLC (Venture Capital Fund), GAV $174,161,740
    Fund first reported on Form ADVFundsFactArthur Ventures Growth III, LPForm ADV
  2. Mar 31, 2022
    Arthur Ventures IV Affiliates Fund, LP first reported on Form ADV by Arthur Ventures Management, LLC (Venture Capital Fund), GAV $2,354,750
    Fund first reported on Form ADVFundsFactArthur Ventures IV Affiliates Fund, LPForm ADV
  3. Mar 31, 2022
    Arthur Ventures IV, LP first reported on Form ADV by Arthur Ventures Management, LLC (Venture Capital Fund), GAV $253,779,467
    Fund first reported on Form ADVFundsFactArthur Ventures IV, LPForm ADV
  4. Mar 31, 2022
    Arthur Ventures Growth III Affiliates Fund, LP first reported on Form ADV by Arthur Ventures Management, LLC (Venture Capital Fund), GAV $2,036,675
    Fund first reported on Form ADVFundsFactArthur Ventures Growth III Affiliates Fund, LPForm ADV
  5. Mar 31, 2021
    AV Intelligent Insites Spe, L.P. no longer reported on Form ADV by Arthur Ventures Management, LLC
    Fund no longer reportedFundsInferenceAV Intelligent Insites Spe, L.P.Form ADV

Identity and regulatory footprint

Address, phone, Form ADV filing and ownersForm ADV filed Apr 14, 2023 · 9 private fundsShow
Headquarters
Minneapolis, MNadviserinfo.sec.gov
Office address
unknownadviserinfo.sec.gov
Business phone
unknownadviserinfo.sec.gov
SEC adviser type
Exempt reporting adviseradviserinfo.sec.gov
SEC exemption claimed
unknown
Latest Form ADV
Apr 14, 2023
Private funds reported
9 (9 venture capital funds)adviserinfo.sec.gov
Private fund gross assets, adviser total
$895Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder

Classification history

Every classification this record has carried1 on recordShow
  1. Sep 12, 2026
    Institutional venture firm (probable, 70%)
    Venture manager with no reported fund assets yet (scale unknown)

Evidence

20 observations from 1 source
Every observation behind this profile, with its source, date and class
FactValueEffectiveClassSource
SEC adviser typeExempt reporting adviserApr 14, 2023FactForm ADV
First Form ADV filing2019-08-14Apr 14, 2023FactForm ADV
Adv history loadedadv-hist-1Sep 12, 2026FactForm ADV
Latest Form ADV filing2023-04-14Apr 14, 2023FactForm ADV
Venture share of reported funds1Apr 14, 2023FactForm ADV
Business phoneApr 14, 2023FactForm ADV
HeadquartersMinneapolis, MNApr 14, 2023FactForm ADV
Office addressApr 14, 2023FactForm ADV
Legal formLimited Liability CompanyApr 14, 2023FactForm ADV
Private funds reported9Apr 14, 2023FactForm ADV
Private fund gross assets (reported)$895MApr 14, 2023FactForm ADV
Venture funds reported9Apr 14, 2023FactForm ADV
WebsiteSep 12, 2026FactForm ADV
WebsiteApr 14, 2023FactForm ADV
How this is scored
Scores, classification basis and filing advisersInstitutional venture firm, probable · 2 filing advisers share this firmShow
Importance
35
elevated
Active deployment
0
low
Emerging
0
low
Freshness
91
high
Institutional venture firm · probableSEC exempt reporting adviser

Venture manager with no reported fund assets yet (scale unknown)

One of 2 advisers that share arthurventures.com; the firm is Arthur Ventures. Arthur Ventures. Each keeps its own CRD, funds and filings; the grouping is the website each swore to on Form ADV and is recomputed every pass.

The inputs behind each score
importance
gav: 0.59 · funds: 0.33 · people: 0.12 · investments: 0.35 · co investors: 0
active deployment
investments 12m: 0 · fund raising 18m: 0 · people joined 12m: 0 · vintage within 3y: 0 · latest investment at: not scored
emerging manager
fund count: 4 · reported gav: $895M · first adv filing: 2019-08-14 · years since first filing: 7.1

Fits, record history and connections

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

Record history

1 identity change, 1 dated event on the change ledger, latest event first
  • Grouped with firm
    2026-09-12
  • Adviser's first ADV filing
    2019-08-14source 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.

Not yet on record: latest vintage.