Fundz

Northone Announces $67 Million Series B Round

PRIVATEOct 13, 2022

Amount Raised

$67 Million

Round Type

Series B

New YorkFinancial ServicesFinanceFintechLendingBanking

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.

Quick answer

NorthOne raised $67 Million in a Series B round, dated October 13, 2022. NorthOne is based in New York, United States.

How much did NorthOne raise?
NorthOne raised $67 Million in a Series B round on October 13, 2022.
What does NorthOne do?
NorthOne is a mobile app and web banking product delivering powerfully simple financial tools to over 320,000 small businesses across America.
Where is NorthOne based and how big is it?
NorthOne is based in New York, United States.

Source: Fundz verified event record.

Who else raised in Financial Services and Finance around the same time

Companies in the same sectors as NorthOne that raised within 45 days of this round, from Fundz verified event records.

  • NatWest Group raised an undisclosed amount on October 25, 2022.
  • Regional Management raised $200M (Funding Round) on October 20, 2022.
  • Maplerad raised $6M (Funding Round) on October 17, 2022.
  • Jiko raised an undisclosed amount on October 6, 2022.
  • ZSuite Technologies, Inc. raised $11M (Series A) on November 17, 2022.
  • Prosper Marketplace raised $75M (Funding Round) on November 17, 2022.

Who to call at NorthOne, and when

A new round usually means NorthOne is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day NorthOne raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at NorthOne, from your own LinkedIn network

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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.

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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

NorthOne raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.