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Northone Announces $67 Million Series B Round

Oct 13, 2022almost 3 years ago

Amount Raised

$67 Million

Round Type

series b

New YorkBankingLendingFintechFinanceFinancial Services

Description

NorthOne today announced it has raised $67 million in Series B funding. With participation from new and existing investors, NorthOne is poised to further expand the reach of its business banking and financial management platform across all sectors of the small business community.

Company Information

Company

NorthOne

Location

New York, United States

About

NorthOne is a mobile app and web banking product delivering powerfully simple financial tools to over 320,000 small businesses across America. Founded in 2016 by Eytan Bensoussan and Justin Adler, NorthOne’s network of investors includes Battery Ventures, Don Griffith, Drew Brees, Ferst Capital Partners, FinTLV, Kaiser Permanente, Next Play Capital, Operator Stack, Redpoint Ventures, Ruby Ventures, Tencent and Tom Williams. The company’s headquarters are located in New York City with satellite offices in San Francisco, Portland, and Toronto. To learn more, visit northone.com. NorthOne is a financial technology company, not a bank. Banking services are provided by The Bancorp Bank, N.A., Member FDIC.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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