James B. Burgum is the co-founder and Managing Partner of Arthur Ventures. See sector focus and contact routes.
James B. Burgum is the co-founder and Managing Partner of Arthur Ventures, an early-growth venture capital firm based in Fargo, North Dakota that he established in 2008. His investment thesis targets B2B software companies at the Seed and Series A stages, with a strategic focus on businesses located outside Silicon Valley, particularly in the Upper Midwest and Great Plains. Burgum typically leads investments with a sweet spot check size of approximately $1.5 million, operating within a range of $100,000 to $5.0 million. Notable portfolio companies include Zipnosis, Datica, Intelligent InSites, and Nucleus Security, which received a $20 million Series C round from the firm in 2026. He holds leadership roles in several portfolio firms, serving as Chairman at Intelligent InSites and a Director at Protenus, Epicrop Technologies, and Jump Software. Burgum’s distinctive point of view centers on addressing funding gaps for early-stage companies in secondary markets, a mission he has promoted through initiatives like the annual Cultivate conference series.
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