Arthur Ventures Raises $395M for New Flagship Fund to Back B2B Software Companies in North America

Arthur Ventures, a venture capital firm based in Minneapolis, Minnesota, has successfully closed its sixth flagship fund, raising an impressive $395 million.

This fund, known as Arthur Ventures VI, LP, will continue the firm’s mission of investing in early-growth B2B software companies across North America.

A Diverse Group of Investors Support the Fund

The venture capital firm secured backing from 80 investors for this round, as confirmed by a regulatory filing with the Securities and Exchange Commission (S.E.C.).

Key figures behind the fundraise include Patrick Meenan and Ryan Kruizenga, who were listed in the filing.

Arthur Ventures’ Strategy: Supporting Innovation Beyond Silicon Valley

Arthur Ventures is well-known for its focus on supporting businesses outside the tech hub of Silicon Valley.

The firm’s portfolio emphasizes driving innovation across diverse markets in the United States and Canada.

With approximately $1.5 billion in assets under management, the firm has built a strong reputation for investing in promising B2B software companies at the early growth stage.

Track Record of Success and New Investments

Since its inception in 2013, Arthur Ventures has made significant strides, investing in over 50 companies across various regions of the United States and Canada.

Some of the new deals in 2025 include Payments.io and Streamline, demonstrating the firm’s ongoing commitment to finding and nurturing innovative software solutions.

Arthur Ventures’ continued growth and investment activity highlight its strategic focus on helping companies outside Silicon Valley scale and succeed in competitive markets.