On May 23, 2018, NorthOne announced that it has completed its Seed Funding round of $2 million. The round was led by investors including angel investor Peter Graham, BetterCompany founder Tom Williams, and returning investor Ferst Capital Partners.
NorthOne will use the funding to expand its team from five to fifteen, and complete development of the NorthOne platform ahead of a late 2018 launch.
NorthOne is a Toronto-based mobile digital-only banking platform serving Canadian small business, startups and freelancers by integrating all their financial tools in a simple and intuitive way.
Osler, Hoskin & Harcourt LLP represented NorthOne with a team consisting of Shahir Guindi, Raphael Amram, and Calvin Leung (Corporate).