persona persona
persona

Our Fund

Brightstone is an early-growth stage venture capital firm based in Minneapolis. Since 1985, Brightstone has managed 11 venture partnerships, and we have been humbled to see the dramatic impact that our startups have had on the world. These companies share common beginnings- a few people banding together and taking a leap into the unknown. The heightened sense of excitement when pushing beta code to production. Discovering that the world wants to do something entirely different with a product. A nerve-racking decision to pass on a major partnership to stay focused on the mission. These are the moments we cherish being a part of, and we are grateful to our entrepreneurs for allowing us to be a part of their journey.

Brightstone currently manages a $100 million venture fund focused on early-growth stage investment opportunities. We leverage the deep operating experience and successful investment background of the Fund’s partners, primarily focused on investing in the following sectors:

Technology

  • Data Storage and Management
  • Virtual/Augmented Reality
  • AI/Machine Learning
  • Enterprise Security
  • Blockchain
  • Cloud Infrastructure
  • Marketplaces

Life Sciences

  • Regenerative Medicine
  • Stem Cell
  • Next Gen Diagnostics
  • Genomics/Gene Editing
  • Medical Device
  • Drug Discovery Tools and Platforms
  • Personalized Medicine

Quick Facts



David Dalvey

15 Years Venture Fund Partner experience
10 years Technology Investment Banking
33 years corporate board director/advisor
25 years portfolio management experience with technology and life-science businesses.
Director roles with Homespotter, Definity Health, AppTec Laboratories, Navarre Corp., chf Solutions, Agiliti, Nature Vision, Celcuity and Bite Squad.

david@brightstonevc.com

Patrick O'Shaughnessy

12 Years venture investment and investment banking experience
16 years early stage management as CEO, COO, VP Sales/Marketing, VP Finance
Experience in Oil & Gas, Information Technology, Life Sciences and Consumer Products

patrick@brightstonevc.com

Jeff Cowan

30 years venture finance/investment in early to mid-stage businesses
30 years experience founder/manager with Fin-Tech, cybersecurity and AI life-science industries
Co-Founded/managed financial services company for 20 years until acquired by Hitachi in 2016
Co-Founded/managed A.I. Healthcare firm sold in 3rd year of ops for $120 million

jeff@brightstonevc.com

Our Advisors

tom_kieffer
Tom Kieffer
IT/Cloud
John Erb
John Erb
Healthcare
David Novak
David Novak
EAS/SaaS
Dan Gladney
Dan Gladney
MedDevice
Tony Petelin
Tony Petelin
Dermatology
Abir Sen
Abir Sen
Marketplaces
Grant Mitchell
Grant Mitchell
AI/ML
Mark Christopherson
Mark Christopherson
MedTech
Joe Sriver
Joe Sriver
UX/UI

Our Portfolio

  • VRchat

  • Celcuity

  • Bite Squad

  • StemoniX

  • Wasabi

  • CNEX Labs

  • Gravie

  • Miromatrix

  • Homespotter

  • Flipgrid

  • Vathys

  • CodeStream

  • Viosera

  • Intact

  • Aria CV

  • Eternal

  • Cryosa

  • Afriex

  • Xplore

  • Mosaic

  • Flyr Labs

  • Brilliant

  • CREXi

  • Versus Game

  • LifeLens

  • Vori Health

Contact