April Newsletter
Grant Gibson
Apr 30 2024
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What’s New
Capital-efficient startups often emerge in regions that venture capital has historically overlooked. These startups must achieve more with less to grow, making them perfectly suited for the current economic environment. We recently invested in two such companies: HLRBO in the Midwest and Mangxo in Latin America.
Great North Ventures led a $1M Seed round along with partners Comeback Capital, Gopher Angels & others into Brainerd, MN-based HLRBO. HLRBO helps landowners lease their land to hunters. Founder & CEO Heath Schubert & team have done an incredible job developing and growing HLRBO to date. Rob will be joining the board along with Jeff Peterson.
Great North Ventures has invested in Mangxo, a company set to revolutionize the way construction material suppliers extend credit terms to subcontractors in Latin America
Fund and Portfolio News
WithMe
WithMe, Inc. Appoints Jeff Lail Chief Operations Officer. With a two-decade career in the consumer services industry, Lail brings a proven track record of operational excellence to WithMe.
Nested Knowledge
Navidence and Nested Knowledge Partner to Standardize Real World Evidence Computable Operational Definitions
Yardstik
The employment screening tech startup has signed a multi-year lease for a sixth-floor office in the 100 Washington Square building.
Great North Ventures in the Community
Past and Future Events attended by GNV
- April MN Founders Happy Hour – Hosted by Ramsey Shaffer – April 17
- MinneAnalytics Startup Showcase – April 19
- e-Fest® – Home of The Schulze Entrepreneurship Challenge – April 20
- Minnebar 18 – Hosted by Minnestar – April 20
- Rally Ventures Annual Meeting – Palo Alto – April 30
- Angel Fest – Hosted by Groove Capital – May 2
- Code Launch Minneapolis – Hosted by CodeLaunch Accelerator – May 9
- Entrepreneurs’ Rally XII – Hosted by Entrepreneurs’ Organization – Minnesota – May 9
- Spring 2024 BETA Showcase – Hosted by BETA – May 15
- UWT 2024 – Hosted by United We Transform – May 21
- Enterprise Rising – Hosted by Casey Allen – May 22
Content on Execution
- WithMe: A Startup Growth Story Fueled by Profits
- This Week in Startups: Tomasz Tunguz and David Clark on how to invest in AI and Q1 2024 startup valuations | E1930