Great North Capital
Great North Capital last closed a fund in June 2026 — 5 months ago. By its own rhythm, that is barely into the cycle.
Great North Capital has raised 3 times about every 51 months. The last was Great North Capital Fund III, LP. That points to Sep 2030.
Historically about 1 in 8 firms this early in their cycle filed within a year. The month is approximate — how often this is right.
This firm closed a fund in the last 18 months, so it has money to put to work now.
- Funds on file
- 3
- Capital raised
- $105M
- Latest close
- June 2026
- Based in
- MN
Vehicles on file
| Vehicle | First close | Amount | Filings |
|---|---|---|---|
| Great North Capital Fund III, LP | June 2026 | $40M | 0002097687 ↗ |
| Great North Capital Fund II, LP | February 2021 | $41M | 0001849375 ↗ |
| GREAT NORTH CAPITAL FUND LLC | December 2017 | $24M | 0001725875 ↗ |
Dated from filing date; no date of first sale was reported.
Each row links to that vehicle’s Form D filings on EDGAR — the name, date and amount above should match what is filed there.
Named on filings
Robert Weber, Ryan Weber, Pradip Madan, Mike Schulte
What Great North Capital invests in
- Typical fund
- $40M median, seed to early stage
- Says it invests in
- AI
- Website
- greatnorthventures.com
Sector and stage are quoted from the firm’s own website, not inferred, and dated.
Service providers
- Fund administrator
- Meritage AG (2 funds)
- Auditor
- Cherry Bekaert (1 fund)
From Form ADV filed by GREAT NORTH CAPITAL MANAGEMENT, LP CRD 316159 ↗, latest filing June 2026, covering 2 funds linked to this firm by Form D file number. Form ADV is filed once a year, so a provider may have changed since. How this is matched.
What this is. Every figure on this page comes from Form D filings with the U.S. Securities and Exchange Commission — public records, reproduced here as filed. Service providers, where shown, come from the adviser’s Form ADV and are dated.
What it is not. Single-deal SPVs, feeder vehicles and GP or employee commitment funds are listed but excluded from fund counts and capital totals: an SPV is one investment, a feeder holds the same capital as its master, and a “Principals” or “Entrepreneurs” fund closes alongside a main fund rather than being raised in its own right. Capital deployed from a family office, a corporate balance sheet or an evergreen structure never arrives as a fund close, so a firm doing that looks quiet here. Amounts are as of the last amendment and go stale. Dates are the date of first sale — a fund's first close, not its final one. Funds filed as “Indefinite” are excluded from totals rather than counted as zero, so a total is a floor.
“No recent fund” is a statement about filings. It is not a statement about whether a firm is solvent, investing, or still in business.