Doug Burgum

Investing Profile

Sweet spot: $1.5M Range: $100K–$5M Fund: $155M

Arthur Ventures thesis

Doug Burgum Founding Partner Fargo LinkedIn Doug Burgum is a founding partner of Arthur Ventures and is currently serving as the 55th Secretary of the U.S. Department of the Interior. Raised in Arthur, North Dakota, Burgum worked as a chimney sweep to help pay his way through North Dakota State University before earning an MBA from Stanford University. In 1983, Doug literally “bet the farm” to provide seed capital for a software startup called Great Plains.  Doug led Great Plains through a successful IPO and grew the company to over 2,000 employees before its acquisition by Microsoft. Burgum r

Sector and stage focus

  • Series B: SMB Software
  • general: Midwest

Recent investments by Doug Burgum

Doug Burgum has 1 named past investments in the public record. The most recent:

Company Stage Date Round size
Avalara Series D Sep 2016 $96M

Frequent co-investors

Doug Burgum has co-invested with: Chelsea Stoner.

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