Angel investors in North Dakota are individuals who invest their own money in early-stage companies, often through angel groups and networks in cities such as Fargo, Bismarck and Grand Forks. Most private raises are made with accredited investors under federal Regulation D exemptions, with state notice filings where required. PitchStreet currently lists 1 member profile based in North Dakota: 1 investor and 0 ventures seeking funding.
North Dakota's economy is driven by oil production and agriculture, and Fargo and Grand Forks have growing technology and drone industries.
Investors in North Dakota most often back companies in oil and gas, agriculture and unmanned aircraft systems. The profiles below are from members who list North Dakota as their location, followed by members in nearby states.
North Dakota at a glance
- Major business centres: Fargo, Bismarck, Grand Forks and Minot
- Key industries: oil and gas, agriculture, unmanned aircraft systems and software
- Universities and research institutions: North Dakota State University and University of North Dakota
- Neighbouring states: Minnesota, South Dakota and Montana
How to raise money in North Dakota
Start with the people closest to your market: angel groups and pitch events in Fargo and Bismarck, university and research networks such as North Dakota State University, accelerators, and founders who have already raised in North Dakota. Investors on PitchStreet list how much capital they have available, so you can shortlist before you reach out.
Most U.S. startups raise from accredited investors under Regulation D. For individuals that generally means income above $200,000 a year ($300,000 with a spouse or partner) or a net worth above $1 million excluding their home. North Dakota may also require a notice filing for your offering, and some states offer tax credits for investing in qualified small businesses. Ask a securities lawyer which rules apply to your raise.
What investors in North Dakota look for
Beyond a strong team and early traction, investors tend to know their own region's leading industries best. In North Dakota that means oil and gas, agriculture and unmanned aircraft systems. If your company fits one of them, say so, and point to local customers, partners or talent that give you an advantage.
