North Dakota Development Fund Overview
- Investor Type
-
Government
- Status
-
Active
- Professionals
-
1
- Investments
-
15
- Portfolio
-
12
- Exits
-
3
North Dakota Development Fund General Information
Company Description
Founded in 1991, North Dakota Development Fund is a government body based in Bismarck, North Dakota. The body is a section of the North Dakota Department of Commerce and offers financing up to $3,000,000 via direct loans, participation loans, and subordinated debt and equity investments.
Business Details
Year Founded
Investor Status
Primary Investor Type
Other Investor Types
Corporate Office
- 1600 East Century Avenue
- Suite 6
- Bismarck, ND 58503
- United States
North Dakota Development Fund Investments (15)
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Company Stage | Lead Partner |
|---|---|---|---|---|---|---|
| CorVent Medical | 06-Jun-2024 | Grant | Monitoring Equipment | Generating Revenue | ||
| HerdDogg | 25-Jan-2024 | Animal Husbandry | Generating Revenue | |||
| Vetnexus | 02-Oct-2023 | Other Services (B2C Non-Financial) | Generating Revenue | |||
| Aethero (Media and Information Services (B2B)) | 24-Jul-2023 | Other Business Products and Services | Generating Revenue | |||
| Thaea | 16-Dec-2021 | IT Consulting and Outsourcing | Generating Revenue | |||
| WalkWise | 20-Jul-2021 | Other Hardware | Generating Revenue | |||
| Checkable | 16-Apr-2021 | Pharmaceuticals | Clinical Trials - Phase 1 | |||
| Bakken Energy | 12-Jun-2019 | Energy Production | Generating Revenue | |||
| FarmQA | 01-Jan-2017 | Debt - General | Business/Productivity Software | Generating Revenue | ||
| Buzz360 | 30-Jun-2016 | Grant | Other Software | Generating Revenue |
North Dakota Development Fund Exits (3)
| Company Name | Exit Date | Exit Type | Exit Size |
|---|---|---|---|
| Field of View | 14-Nov-2022 | Merger/Acquisition | |
| Fixes 4 Kids | 01-Jan-2018 | ||
| CapStar Bank | 22-Sep-2016 |
North Dakota Development Fund Investments by Industry, Year, and Region
Investments by Industry
Investments by Year
Investments by Region
North Dakota Development Fund Co-Investors (12)
| Name | With | Exits | Lead Partner | Series | Industry |
|---|---|---|---|---|---|
| Bank of North Dakota | 1 |
|
|
||
| Enterprise Institute |
|
|
|||
| Innova Memphis |
|
|
|||
| Open Prairie Ventures |
|
|
|||
| Serra Ventures |
|
|
North Dakota Development Fund FAQs
-
What is North Dakota Development Fund?
Founded in 1991, North Dakota Development Fund is a government body based in Bismarck, North Dakota.
-
When was North Dakota Development Fund founded?
North Dakota Development Fund was founded in 1991.
-
Where is North Dakota Development Fund headquartered?
North Dakota Development Fund is headquartered in Bismarck, ND.
-
What is North Dakota Development Fund's total asset value?
North Dakota Development Fund has around in total assets under management.
-
How many investments has North Dakota Development Fund made?
North Dakota Development Fund has made 15 investments.
-
What has North Dakota Development Fund invested in?
North Dakota Development Fund has made numerous investments in companies like CorVent Medical, HerdDogg, and Vetnexus within the Monitoring Equipment, Animal Husbandry, and Services (B2C Non-Financial) industries.
-
What has North Dakota Development Fund invested in recently?
North Dakota Development Fund's latest investment was on 06-Jun-2024 in CorVent Medical, a company within the Monitoring Equipment industry.
Data Transparency
-
Meet our data hygiene team
Discover how our experts ensure you’re getting the most accurate financial data in the industry.
Read blog » -
How PitchBook sources data
Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.
Discover our process »
