James Burgum co-founded Arthur Ventures to prove venture capital could work from Fargo, positioning the firm as a business-building partner that helps founders scale rather than just providing capital. He also serves as CEO of The Arthur Companies, a century-old agribusiness, and works alongside his uncle Doug Burgum (North Dakota's governor) in what represents a multi-generational family enterprise spanning agriculture and software investing.
What they've been talking about across their social media accounts

- Championing startups built outside of traditional coastal tech hubs. Constantly highlights founders building in the Midwest and other emerging markets while pushing a narrative of looking beyond Silicon Valley. A great talking point is his celebration of a new partnership in Utah where he praised the local team and the broader movement of scaling companies in non traditional locations.
- Celebrating portfolio company milestones such as funding rounds, public offerings, and major acquisitions. Consistently acts as a vocal supporter for partner companies rather than just promoting his own venture firm. A specific instance to reference is his public congratulations to an agricultural tech startup when they were acquired by a major fertilizer corporation to advance innovation in farming.
- Prioritizing strong company culture, people operations, and the overall well being of employees. Shows a deep appreciation for founders who invest in their teams and share transparent leadership insights. This was evident when he endorsed a partner company that provided free remote work essentials to help managers keep their staff motivated and connected during severe work disruptions.
- Focusing on enterprise software solutions that tackle complex industry specific problems, particularly within healthcare security, education, and agriculture. Frequently highlights the real world importance of these sectors. You could mention his shared insight about how the greatest modern threat of identity theft actually lives in medical records rather than credit card data to show alignment with his interest in robust security platforms.
About their Fund
Sectors
SaaS, Fintech, Cybersecurity, Enterprise, Health
Rounds
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Notable Investments
Arthur Ventures specializes in being the first institutional investor in bootstrapped, profitable B2B software companies outside Silicon Valley, particularly in the Upper Midwest and Great Plains. The firm has built a founder-driven reputation as a top-tier but under-the-radar investor by focusing exclusively on capital-efficient B2B software businesses, even as it has scaled to managing roughly $2B across multiple funds.
Other partners at the fund
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