Kasey Allen
Managing Director, Marketing, Managing Associate & Board Member
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- 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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