701 Fund Overview
- Investor Type
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Angel Group
- Status
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Active
- Professionals
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4
- Investments
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31
- Portfolio
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19
- Exits
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12
701 Fund General Information
Company Description
Founded in 2015, 701 Fund is an angel group based in Grand Forks, North Dakota. The firm prefers to invest in unmanned aerial systems manufacturing, technology, autonomous systems, healthcare, medical devices, biotech, b2b software, cybersecurity, data security, agriculture technology, and manufacturing sectors.
Business Details
Website
www.701fund.comYear Founded
Investor Status
Primary Investor Type
Other Investor Types
Corporate Office
- 4200 James Ray Drive
- Grand Forks, ND 58202
- United States
701 Fund Investments (31)
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Company Stage | Lead Partner |
|---|---|---|---|---|---|---|
| Lilac Agriculture | 22-Sep-2026 | Seed Round | Agricultural Chemicals | Generating Revenue | ||
| Tugboat (Services (B2C Non-Financial)) | 15-Jun-2026 | Other Services (B2C Non-Financial) | Generating Revenue | |||
| Aurora Medical Technologies | 15-Jan-2026 | Surgical Devices | Product Development | |||
| Luminary Therapeutics | 27-Jan-2025 | Drug Discovery | Generating Revenue | |||
| CoraVie Medical | 09-Oct-2024 | Monitoring Equipment | Pre-Clinical Trials | |||
| Fenworks | 30-Jul-2024 | Educational and Training Services (B2C) | Generating Revenue | |||
| TheraB Medical | 26-May-2024 | Therapeutic Devices | Generating Revenue | |||
| Soiltech Wireless | 22-Apr-2024 | Electronic Equipment and Instruments | Generating Revenue | |||
| Devii | 15-Mar-2024 | Later Stage VC | Media and Information Services (B2B) | Generating Revenue | ||
| Tavolo | 22-Feb-2024 | Seed Round | Business/Productivity Software | Generating Revenue |
701 Fund Exits (12)
| Company Name | Exit Date | Exit Type | Exit Size |
|---|---|---|---|
| Fund2Save | 08-Jul-2026 | Buyout/LBO | |
| GPU Trader | 19-Jun-2026 | ||
| TheraB Medical | 09-Feb-2026 | ||
| Pops Diabetes Care | 25-Jan-2026 | ||
| Thread (Grand Forks) | 01-Oct-2025 | ||
| RealVision | 17-Aug-2025 | ||
| Atmos AI | 15-Feb-2024 | ||
| Structural | 01-Oct-2022 | ||
| AgriSync | 01-Jan-2022 | Merger/Acquisition | |
| StemoniX | 30-Mar-2021 | Merger/Acquisition |
701 Fund Investments by Industry, Year, and Region
Investments by Industry
Investments by Year
Investments by Region
701 Fund Co-Investors (74)
| Name | With | Exits | Lead Partner | Series | Industry |
|---|---|---|---|---|---|
| Gopher Angels | 3 |
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| Groove Capital |
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| Homegrown Capital |
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| Pathway Ventures (Fargo) |
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| gener8tor |
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701 Fund FAQs
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What is 701 Fund?
Founded in 2015, 701 Fund is an angel group based in Grand Forks, North Dakota.
-
When was 701 Fund founded?
701 Fund was founded in 2015.
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Where is 701 Fund headquartered?
701 Fund is headquartered in Grand Forks, ND.
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How many investments has 701 Fund made?
701 Fund has made 31 investments.
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What has 701 Fund invested in?
701 Fund has made numerous investments in companies like Lilac Agriculture, Tugboat (Services (B2C Non-Financial)), and Aurora Medical Technologies within the Agricultural Chemicals, Services (B2C Non-Financial), and Surgical Devices industries.
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What has 701 Fund invested in recently?
701 Fund's latest investment was on 22-Sep-2026 in Lilac Agriculture, a company within the Agricultural Chemicals industry.
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