RIA · CRD 327541SEC-Registered

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Fjell Capital

FJELL CAPITAL is an SEC-registered investment adviser in Fargo, ND, registered since 2023. The firm manages $187 million in assets under regulation.

Fjell Capital

FJELL CAPITAL is an SEC-registered investment adviser in Fargo, ND, registered since 2023. The firm manages $187 million in assets under regulation. It has 4 employees and 3 investment advisers.

General information

Firm type

RIA

Year founded

2020

Location

Region

North America

Country

United States

City

Fargo

Corporate office

Fargo, ND, United States

Principals

Andrew P. Koehl

Founder & CEO

Benefit Koehl

Member, Investment Committee

Sector focus

Enterprise SoftwareAI/MLFinTechConsumer

Frequently asked questions

Does Fjell Capital participate in fund commitments or only direct deals?

Fjell Capital primarily executes direct deals through equity and SAFE agreements in early-stage companies, rather than allocating to a diversified set of venture fund managers. The firm's website and portfolio disclosures reflect only direct company positions, though it has noted an opportunistic posture toward secondary transactions in some communications.

What investment stages does Fjell Capital typically target?

The firm focuses on pre-seed through Series A, with an emphasis on companies that have a technical founder and a clear product thesis in enterprise software, AI/ML, or fintech. It will occasionally evaluate secondary positions in later-stage companies when the opportunity aligns with its sector lens.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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