About NorthOne
NorthOne is a company based in Toronto (Canada) founded in 2016 by Justin Adler and Eytan Bensoussan. NorthOne has raised $90 million across 3 funding rounds from investors including Tencent, Battery Ventures and Redpoint Ventures. NorthOne operates in a competitive market with competitors including Brex, BlueVine, Tide, Mercury and Novo, among others.
- Headquarter Toronto, Canada
- Founders Justin Adler, Eytan Bensoussan
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Sectors
Financial Services
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Email
Locked
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Phone
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Website
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$90 M (USD)
in 3 rounds
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Latest Funding Round
$67 M (USD), Series B
Oct 13, 2022
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Investors
Tencent
& 11 more
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Employee Count
Not available
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People of NorthOne
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Funding Insights of NorthOne
NorthOne has successfully raised a total of $90M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $67 million completed in October 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in NorthOne
NorthOne has secured backing from 12 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Tencent, Battery Ventures and Redpoint Ventures.
| Investor | Description | Founded Year | Domain | Location |
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Investments in technology companies are conducted globally by Battery Ventures.
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Redpoint Ventures is engaged in venture capital investments.
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Portfolio investment services are offered by Ferst Capital Partners.
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Investor details for NorthOne
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Investments & Acquisitions by NorthOne
Investment portfolio details for NorthOne
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Financial Statements - NorthOne
Detailed financials for NorthOne
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Northone Comparisons
Peer comparison for NorthOne
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Competitors of NorthOne
NorthOne operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Brex, BlueVine, Tide, Mercury and Novo, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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SaaS-driven credit card and spend management solutions platform for businesses
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Digital bank for businesses
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Tide is recognized as a digital banking platform for businesses.
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Online business banking and financial workflow tools are provided.
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Casino sites are evaluated and reviewed by Novo.
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Accounting and bookkeeping solutions are provided for small businesses.
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Detailed competitors of NorthOne
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Latest news on Northone
Complete news archive for NorthOne
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Frequently Asked Questions about NorthOne
NorthOne was founded in 2016 and raised its 1st funding round 2 years after it was founded.
NorthOne is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Eytan Bensoussan is the current CEO of NorthOne. They have also founded this company.
NorthOne is a funded company, having raised a total of $90M across 3 funding rounds to date.
NorthOne was founded in 2016 in Toronto, Canada, and operates in the fintech sector. Business banking accounts, NFC-enabled prepaid cards, bill payments, and money transfers are offered to users. Account details, transaction histories, and reports can be accessed via the application. Integration with other business tools is enabled through APIs, supporting operations for small and medium-sized enterprises across North America.
NorthOne has 12 investors. Key investors include Tencent, Battery Ventures, Redpoint Ventures, Tom Williams, and Ferst Capital Partners.