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Arthur Ventures

SEC-registered investment adviser.

HQ
MN

Arthur Ventures provides growth capital for premier software companies and describes itself as a high-growth firm for high-growth companies. Its team includes general partners Patrick Meenan, Ryan Kruizenga, and Andrew Heim, plus partners, a principal, a director, and vice presidents. Listed portfolio companies include ThreatLocker, Perry Weather, CertifID, Nucleus Security, Handl Health, TJM Labs, Circadian Risk, and Emergent 3.

01 · Says / Does

TagSaysDoesHistorically (to 2020)
StagesGrowthNot enough dated dealsSeries A, Series B
SectorsEnterprise SaaSNot enough dated dealsEnterprise SaaS, Healthtech, Devtools, Data analytics, Edtech, HR and future of work
RegionsGlobalNot enough dated dealsMN, MD, WI

Says: what the firm's funds state. Does: from 0 dated deals in the last 24 months.

Historical focus (through 2020), derived from historical deal data.

YearDealsTop sectors
20111Data analytics, Healthtech, Medical devices
20121Data analytics, Healthtech
20134Enterprise SaaS, Healthtech, Devtools
20149Enterprise SaaS, Data analytics, Devtools
20157Enterprise SaaS, Consumer, Devtools
201610Enterprise SaaS, Devtools, Healthtech
20175Data analytics, Edtech, Enterprise SaaS
20187Enterprise SaaS, Data analytics, Healthtech
20193Devtools, AI applications, Cybersecurity
20201Devtools

Stage mix over time

2013 Series A: 32013 Growth: 1132014 Seed: 22014 Series A: 42014 Growth: 1142015 Seed: 12015 Series A: 32015 Series B: 2152016 Seed: 12016 Series A: 52016 Series B: 22016 Growth: 1162017 Series A: 22017 Series B: 1172018 Series A: 22018 Series B: 3182019 Series B: 12019 Growth: 11920212223242526
  • Pre-seed
  • Seed
  • Series A
  • Series B
  • Growth
Share of rounds by stage, per year. Striped years have fewer than 3 rounds.Historical focus (through 2020), derived from historical deal data.
Rounds by stage and year
YearPre-seedSeedSeries ASeries BGrowth
201300301
201402401
201501320
201601521
201700210
201800230
201900011
202000000
202100000
202200000
202300000
202400000
202500000
202600000

02 · Fund history

FundYearSizeStatus
Arthur Ventures Growth V, LP

Arthur Ventures provides growth capital for premier software companies, backing high-growth companies across early stage and B2B businesses. Inferred from the firm's website

2025$205M (Form D)Open, writing first checks
Arthur Ventures VI, LP

Arthur Ventures provides growth capital for premier software companies, backing high-growth companies across early stage and B2B businesses. Inferred from the firm's website

2025$395M (Form D)Open, writing first checks
Arthur Ventures Growth IV, LP

Arthur Ventures provides growth capital for premier software companies, backing high-growth companies across early stage and B2B businesses. Inferred from the firm's website

2023$169.84M to $221.53M (Form D and SEC adviser filing)Open, writing first checks
Arthur Ventures V, LP

Arthur Ventures provides growth capital for premier software companies, backing high-growth companies across early stage and B2B businesses. Inferred from the firm's website

approx. 2023$300M to $312.18M (Form D and SEC adviser filing)Open, writing first checks
Arthur Ventures Growth III, LPapprox. 2021$150M (Form D)Follow-ons only
Arthur Ventures IV, LPapprox. 2021$225M (Form D)Follow-ons only

03 · People across funds

04 · Recent deals

No dated deals found yet.

05 · Latest from the firm

No news from the firm's website yet.

06 · Sources

  1. https://www.arthurventures.com
  2. https://www.arthurventures.com/news-2026?hsLang=en
  3. https://www.arthurventures.com/
  4. https://www.arthurventures.com/team?hsLang=en

Fund dates and sizes are from SEC Form D filings.

Last verified: Oct 28, 2026