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NorthOne - About the company

NorthOne is a series B company based in Toronto (Canada), founded in 2016 by Eytan Bensoussan. It operates as a Digital bank for businesses. NorthOne has raised $90.3M in funding from investors like Battery Ventures, Tencent and Next Play Capital. The company has 296 active competitors, including 26 funded and 15 that have exited. Its top competitors include companies like Mercury, BlueVine and Brex.

Company Details

Digital bank for businesses. Its services include business accounts, NFC-enabled prepaid cards for online/offline purchases, bill payments, money transfers, and more. Users can view account details, transaction details, and generate account reports through the application. Businesses can integrate the bank account with other business applications through APIs.
Social
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Email ID
*****@northone.com
Key Metrics
Founded Year
2016
Location
Toronto, Canada
Stage
Series B
Total Funding
$90.3M in 3 rounds
Latest Funding Round
Ranked
Employee Count
18 as on Aug 31, 2026
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NorthOne's funding and investors

NorthOne has raised a total funding of $90.3M over 3 rounds. Its first funding round was on May 23, 2018. Its latest funding round was a Series B round on Oct 13, 2022 for $*****. 12 investors participated in its latest round. NorthOne has 19 institutional investors and 3 angel investors.

Here is the list of recent funding rounds of NorthOne:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Oct 13, 2022
2386294
Series B
5451803
4374496
8444085
3934242
Mar 10, 2020
9011837
Series A
1263091
9549135
8335310
May 23, 2018
7621558
Seed
5082052
1164219
9970804
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NorthOne's founders and board of directors

Founder? Claim Profile
The founders of NorthOne is Eytan Bensoussan. Eytan Bensoussan is the CEO of NorthOne.
Here are the details of NorthOne's key team members:

NorthOne's Board of Directors

NorthOne's board has 4 active members. Justin Adler, Dominique Ferst, Jean-jacques Ferst and Eytan Bensoussan are independent board members.
Here is the list of NorthOne's board of directors:
Name
Type
Representing
Status
Duration
Independent board member
-
Current
7y 8m
xhwagvk
Independent board member
-
Current
1y 6m
dllwjox
Independent board member
-
Current
4y 3m
zisyetc
Independent board member
-
Current
6y 2m

NorthOne's employee count trend

NorthOne has 18 employees as of Aug 26. Here is NorthOne's employee count trend over the years:
Employee count trend for NorthOne
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NorthOne's Competitors and alternates

Top competitors of NorthOne include Mercury, BlueVine and Brex. Here is the list of Top 10 competitors of NorthOne, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Mercury
Mercury
2017, San Francisco (United States), Series D
Provider of a comprehensive online platform offering a range of financial services
$546M
83/100
2nd
Logo for BlueVine
BlueVine
2013, Redwood City (United States), Series F
Provider of business checking accounts, business loans, and business credit cards
$288M
80/100
3rd
Logo for Brex
Brex
2017, San Francisco (United States), Acquired
Provider of financial software platform, cards, banking, expense, and accounting
$1.2B
80/100
4th
Logo for Tide
Tide
2015, London (United Kingdom), Series C
Digital business banking platform
$181M
80/100
5th
Logo for OakNorth Bank
OakNorth Bank
2015, London (United Kingdom), Series C
Digital bank empowering entrepreneurs and savers with smart tools
$962M
74/100
6th
Logo for Grasshopper Bank
Grasshopper Bank
2016, New York City (United States), Acquired
Provider of online internet first business bank
$219M
73/100
7th
Logo for Relay
Relay
2018, Toronto (Canada), Series C
Digital business banking platform that helps small businesses manage cash flow with multi-account structures
$102M
72/100
8th
Logo for Novo
Novo
2016, Miami (United States), Series C
Provider of a partnership-based digital banking platform
$298M
69/100
9th
Logo for Rho Business Banking
Rho Business Banking
2010, New York City (United States), Series B
Developer of a digital bank for businesses
$235M
68/100
10th
Logo for Found
Found
2019, San Francisco (United States), Series B
Accounting and bookkeeping management solutions for small businesses
$119M
67/100
13th
Logo for NorthOne
NorthOne
2016, Toronto (Canada), Series B
Digital bank for businesses
$90.3M
63/100
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NorthOne's Investments and acquisitions

NorthOne has made no investments or acquisitions yet.

Reports related to NorthOne

Here is the latest report on NorthOne's sector:

News related to NorthOne

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FAQs about NorthOne

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