43North Analysis: $1.0B Raised
What is 43North?
Accelerator program investing $5 million annually
Employees
51-200
Founded
2014
Industry
Investment
HQ Full Address
1 W Seneca St, Buffalo, New York 14203, United States
Latest Funding Round Size
nearly $1 billion
Website Url
Product Features & Capabilities
- Year-long accelerator program
- $5 million annual investment
- Support for startup growth
- Networking opportunities with investors
- Access to Buffalo's business resources
How much 43North raised
Funding Round - nearly $1 billion
RecentOther Considerations
Invested in companies that have achieved unicorn status; Collaborates with major VCs like Bessemer and Iconiq Capital; Supported by New York State and the Ralph C. Wilson, Jr. Foundation
Recent News
Recent news related to 43North includes the appointment of Sarah Tanbakuchi-Ripa as the new CEO of the 43North Foundation, highlighting her unique journey from tax attorney to a leadership role in the tech scene. Additionally, 43North has announced the winners of its ninth annual startup competition, with five startups receiving $1 million each and committing to relocate their headquarters to Buffalo for at least a year. These startups include Guidesly, KAV, Kredit Academy, StepWise, and StoreCash, all of which are expected to contribute to the local startup ecosystem.
Competitors
The main competitors of 43North in the fintech space include: 1. Financial Solutions Lab (Chicago, Illinois) 2. Nex Cubed (San Francisco, California) 3. ATDC (Atlanta, Georgia) 4. Barclays Accelerator (New York, New York) 5. Plug and Play Fintech 6. Founders Floor 7. FIS Fintech Accelerator 8. Catalyst Fund
These accelerators and incubators focus on supporting fintech startups, similar to the mission of 43North.
