About Arthur Ventures
Arthur Ventures is a venture capital firm founded in 2008. It is primarily based out of Minneapolis, United States. As of Dec 2025, Arthur Ventures is an active investor, having invested in 75 companies, with 3 new investments in the last 12 months. It primarily invests in Series A round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to FinTech and HealthTech. Most recently it participated in the $***** Series A round of Handl Health Overall, Arthur Ventures portfolio has seen 24 acquisitions including key companies like Avalara, Leadpages and Ambassador. A lot of funds co-invest with Arthur Ventures, with names like Elephant Venture Capital sharing a substantial percentage of its portfolio. Arthur Ventures has team of 21 people including 7 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Seed & 6 more
Portfolio Acquisitions
Deals in last 12 months
Arthur Ventures' List of Top Investments
Arthur Ventures has a portfolio of 75 companies. Their most notable investments are in When I Work and Nomics.Their portfolio spans across United States, Canada and United Kingdom. They have invested in Enterprise Applications, FinTech, HealthTech and 17 other sectors, across stages such as Series A, Seed and 6 more. Here is the list of top investments by Arthur Ventures:
1. Avalara
Provider of cloud-based solutions for tax compliance and related services. The company offers tools for tax calculation, returns filing, exemption certificate management, and e-invoicing. It serves businesses of various sizes across multiple industries. The business provides resources such as sales tax calculators, rate tables, and nexus assessments.
Key facts about Avalara
- Founded Year: 2004
- Location: Seattle (United States)
- Annual Revenue: $699M as on Dec 31, 2021
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $343M
- Employee Count: 5,686 as on Feb 28, 2026
- Investors: HTIF, TCV and 17 Others
- Latest Funding Round: Post IPO, Nov 11, 2025, $*****
- Highlight: Acquired
2. CFI
Online finance and banking training and certifications. It offers various certifications in areas such as financial modeling, business intelligence, commercial banking, and capital markets. Its training includes courses, learning paths, and access to templates and resources. It develops practical skills and enhances professional credibility in the finance industry, delivered through video lessons, interactive exercises, and skill validation assessments.
Key facts about CFI
- Founded Year: 2016
- Location: Vancouver (Canada)
- Stage: Series B
- Total Funding till date: $48M
- Employee Count: 581 as on Jan 05, 2026
- Investors: Arthur Ventures and Elephant Venture Capital
- Latest Funding Round: Series B, Mar 21, 2021, $*****
- Highlight: Editors' Pick
3. Leadpages
Leadpages provides cloud-based solutions for the development of landing pages. The features of the product include digital content creation, quality lead collection, optimization, code-free publishing, AB & split testing, automated receipt sending, automatic SSL encryption, tracking & analytics, etc.
Key facts about Leadpages
- Founded Year: 2012
- Location: Minneapolis (United States)
- Stage: Acquired
- Total Funding till date: $38M
- Employee Count: 51 as on Jul 01, 2024
- Investors: Drive Capital, Foundry and 1 Other
- Latest Funding Round: Series B, Jun 17, 2015, $*****
- Highlight: Acquired
4. Cybrary
Cybersecurity training platform empowering professionals and teams to reduce business risk. It is a multi-sided platform that delivers world-class training and career development materials. It offers curated Career Paths, Skill Paths, and Certification Preparation programs. The platform provides on-demand video training, hands-on virtual labs, assessments, and practice tests. It helps individuals advance their careers and organizations defend against cyberattacks. The platform offers resources like blog articles, case studies, research papers, and white papers. It provides solutions for individuals, teams, and government organizations. It aligns with industry frameworks and offers personalized remediation. The platform aims to make the cybersecurity industry more accessible through its comprehensive catalog, expert instructors, and various learning resources. It offers free access and subscription-based insider pro options. The platform supports single sign-on (SSO) options and offers a demo for teams.
Key facts about Cybrary
- Founded Year: 2015
- Location: Greenbelt (United States)
- Stage: Series C
- Total Funding till date: $52.2M
- Employee Count: 66 as on Dec 31, 2022
- Investors: Baltimore Angels, TDF Ventures and 9 Others
- Latest Funding Round: Series C, Aug 15, 2025, $*****
- Highlight: Editors' Pick
5. Nucleus
Integrated risk and vulnerability management platform. It collects data from disparate vulnerability scanners and provides a comprehensive insight into the current risk posture through trends & reports. Supports integrations to Checkmarx, Netsparker, Veracode, and more. The solution can also be used for asset discovery & management. Notable partners include Amazon, Snyk, and Qualys.
Key facts about Nucleus
- Founded Year: 2018
- Location: Sarasota (United States)
- Stage: Series C
- Total Funding till date: $86.1M
- Employee Count: 22 as on Dec 31, 2021
- Investors: IQT, Lead Edge Capital and 4 Others
- Latest Funding Round: Series C, Feb 11, 2026, $*****
- Highlight: Editors' Pick
Arthur Ventures' Year-on-Year Investment Trends
Arthur Ventures has invested in 75 companies over the last 18 years, with an average of 5 new investments annually in the last 10 years. In 2025, it made 4 investments. Its most recent first time investment was in Handl Health and most recent follow-on round was in CertifID.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 3 | 1 | 4 |
2024 | 3 | 3 | 6 |
2023 | 6 | 3 | 9 |
2022 | 9 | 3 | 12 |
2021 | 7 | 3 | 10 |
2020 | 2 | 1 | 3 |
2019 | 0 | 2 | 2 |
2018 | 5 | 3 | 8 |
2017 | 6 | 3 | 9 |
Arthur Ventures' Investments by Stage
Arthur Ventures is primarily an Early Stage Investor investor majorly investing in Series A (36) rounds where average round size is $216M, Seed (19) rounds where average round size is $46M and Series B (4) rounds where average round size is $48M.Stage of entry | No. of Investments |
|---|---|
Series A | 36 |
Seed | 19 |
Series B | 4 |
Series C | 2 |
Angel | 1 |
Others | 3 |
Note: We have considered here, only first round of investments
Arthur Ventures' Investments by Sector
Arthur Ventures has a diverse portfolio, with companies operating in the Enterprise Applications, Vertical SaaS, Enterprise Infrastructure, FinTech and HealthTech. Notably, it has invested in 69 Tech companies, 64 Enterprise (B2B) companies, 63 Software companies and at least 50 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 52 |
Vertical SaaS | 19 |
Enterprise Infrastructure | 16 |
FinTech | 12 |
HealthTech | 10 |
Others | 42 |
Note: We have considered here, only first round of investments
Arthur Ventures' Investments by Geography
Arthur Ventures has made most investments in United States (58), followed by Canada where it has made 6 investments.Country | No. of Investments |
|---|---|
United States | 58 |
Canada | 6 |
United Kingdom | 1 |
Note: We have considered here, only first round of investments
Arthur Ventures' recent investments
Arthur Ventures has not made any investment in 2026 so far.Here are the most recent investments by Arthur Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Dec 31, 2025 | United States | Series A | 7561 | [+4] | |
Dec 11, 2025 | United States | Seed | 9944 | - | |
Sep 05, 2025 | United States | Series A | 5824 | [+2] | |
Jul 15, 2025 | United States | Series C | 4780 | ||
Oct 21, 2024 | United States | Series B | 4406 | - |
Acquired companies in Arthur Ventures' Portfolio
24 companies from Arthur Ventures' portfolio have been acquired. The most recent acquisition were Streamline in Dec 2025 by CivicPlus.Here are Arthur Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Dec 18, 2025 | Nov 02, 2023 | Series A | 8851 | |
Jan 09, 2025 | Feb 16, 2016 | Series A | 8595 | |
Dec 16, 2024 | Feb 23, 2018 | Seed | 8046 | |
Oct 29, 2024 | Jan 03, 2013 | Series C | 3356 | |
Mar 19, 2024 | Oct 06, 2014 | Series A | 8201 |
Team profile of Arthur Ventures
Arthur Ventures has a team of 21 members including 7 Partners, 2 Venture Partners and 8 Principals located in United States. Arthur Ventures' team sits on the board of 8 companies.Here is a list of top team members in Arthur Ventures:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Fargo | - | ||
Partner | Nashville | |||
Partner | Minneapolis | - | ||
Partner | Minneapolis | |||
Partner | Minneapolis | - | ||
Partner | - | - | - | |
Partner | Minneapolis | - | - | |
Venture Partner | Dallas | Gigaclear, Community Fibre and 1 more | - | |
Venture Partner | - | - | ||
Principal | Minneapolis | - |
Co-investors of Arthur Ventures
Over the past 18 years, 203 investors have co-invested in Arthur Ventures's portfolio companies. This includes funds and angels.
- Invested before Arthur Ventures: Techstars, HHS and 65 others have invested in rounds before Arthur Ventures. There are 5 companies where Techstars has invested before Arthur Ventures and 3 companies where HHS has invested before Arthur Ventures.
- Top Co-investors of Arthur Ventures: 51 investors entered a company along with Arthur Ventures. These include investors like Elephant Venture Capital (2 companies).
- Invested after Arthur Ventures: A total of 85 investors have invested in Arthur Ventures's portfolio after their investments. Top Investors include Canadian Imperial Bank of Commerce (3 companies), Drive Capital (2 companies) and High Alpha (2 companies).
Recent News related to Arthur Ventures
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Handl Health Raises $14.2 Million Series A to Scale Data-Driven Employer Health PlansTipRanks•Feb 24, 2026•Handl Health, Digital Health Venture Partners, Boutique Venture Partners, Mucker and 3 others
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PKI Solutions Receives Strategic Growth Investment from Arthur VenturesBusiness Wire•Dec 11, 2025•PKI Solutions, Arthur Ventures
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CertifID Secures $47.5 Million Series C Funding Led by Centana Growth Partnersintelligence360•Jul 31, 2025•CertifID, Centana Growth Partners, Arthur Ventures
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CertifID Raises $47.5 Million Series C Led by Centana Growth PartnersBusiness Wire•Jul 15, 2025•CertifID, Centana Growth Partners, Arthur Ventures
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Weather Safety Platform for Leagues and Schools Closes Funding RoundSGB Media•Oct 21, 2024•Perry Weather, Arthur Ventures
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Nucleus Security: Funding Raised From Dcode CapitalPulse 2.0•Sep 03, 2024•Nucleus, Dcode Capital, J P Morgan, Arthur Ventures and 4 others
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Nucleus Security Receives Investment from Dcode CapitalFinSMEs•Aug 21, 2024•Nucleus, Dcode Capital, In-Q-Tel, Arthur Ventures and 1 other
