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Kasey Allen

Managing Director, Marketing, Managing Associate & Board Member

Angel InvestorsSeed Round
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At a glance

Full Name
Kasey Allen
Title
Member / Managing Associate, Dakota Venture Group (held a marketing & fundraising role)
Firm
Dakota Venture Group (DVG)
Firm Type
Student-run venture capital fund (early-stage / angel-style)
Investment Stage
Pre-seed, Seed, and early Series A
Check Size
Not publicly disclosed at the individual level; DVG operates a ~$2M fund and participates in early-stage rounds (aggregator data shows a seed round size averaging ~$385K and Series A rounds averaging ~$1.49M, reflecting total rounds rather than DVG's specific check)
Sector Focus
Healthcare/medtech, technology, and energy (including unmanned aircraft systems and automation via DVG's Harvest Fund)
Geographic Focus
United States, with an emphasis on the Midwest and North Dakota
Location
Grand Forks, North Dakota

Background

Kasey Allen is associated with the Dakota Venture Group (DVG), a student-run venture capital fund based at the University of North Dakota (UND) in Grand Forks. Her firm email, [hidden], corresponds to a DVG member account, and she is documented as having led the organization's third annual golf tournament fundraiser. In that role she managed sponsor outreach, social-media and email promotion, and coordination with the golf course and restaurant — an event that raised $5,000 for the Sunshine Hospitality Home in Grand Forks. This work places her in DVG's marketing/fundraising and associate ranks rather than as a permanent investing principal, consistent with the fund's student-led model in which members rotate through roles such as Managing Associate and Managing Director during their time at UND.

Dakota Venture Group, founded in 2006 through a gift from the Dakota Foundation, is recognized as the first completely student-run venture capital fund in the United States. Its members handle the full investment process — sourcing, due diligence, the final investment decision, and negotiating deal terms — making it both an active early-stage investor and an experiential-learning program. The fund manages roughly $2 million and is structured with 15+ associates, about 5 managing directors, and a network of 200+ alumni built over its 17+ year history. It is headquartered at the Ina Mae Rude Entrepreneur Center (4200 James Ray Drive, Grand Forks).

Public records indicate Kasey Allen has since moved into retail management; the LinkedIn profile tied to her name (linkedin.com/in/kasey-allen) now appears under the name Kasey Conley with the title Store Director at Target. This is consistent with the DVG membership being part of her university-era experience rather than a current full-time venture role. Note that the stub title "Managing Director, Marketing, Managing Associate & Board Member" appears to be conflated aggregator data; the verifiable thread is her marketing and fundraising contribution to DVG as a member/associate.

Investment Thesis & Focus

DVG, the vehicle through which Kasey Allen invested, applies the following approach:

  • Stage: Pre-seed, seed, and early Series A high-growth ventures.
  • Sectors: Healthcare and medical technology, technology/software, and energy — plus unmanned aircraft systems, automation, and energy through its specialized Harvest Fund.
  • Geography: Nationwide deal flow with a deliberate focus on fostering innovation and economic growth in the Midwest and North Dakota.
  • What makes them say yes: As a student-run fund, DVG members run complete due diligence and negotiate term structure themselves; the firm markets itself as backing "high-growth ventures across the United States." Founders engage DVG via its "Get Funded" process ([hidden] / 701-738-4835).

Notable Investments

  • SkySpecs — drone-based wind-turbine inspection and renewable-energy analytics; one of DVG's most prominent holdings.
  • C2Renew — biocomposite and renewable-materials company (Fargo, ND).
  • Angio Insight — medical-technology / cardiovascular diagnostics startup.
  • Larada Sciences — healthcare company known for lice-treatment technology.
  • Secured2 — cybersecurity / data-security firm.
  • Packet Digital — power-management and electronics technology company (Fargo, ND).
  • Pure Blue Tech — water-treatment technology company.
  • Edgewood REIT — senior-living focused real estate investment trust.
  • Fenworks — esports / gaming technology company.

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