About TrueNorth
TrueNorth focuses on software development in the fintech sector, offering services like consulting, customization, and digital transformation to businesses in financial services, healthcare, and education. Their main product, the "TrueSolution" package, helps clients replace outdated IT systems with modern digital solutions. TrueNorth stands out with its "Team Captain" project management structure and a team of expert engineers skilled in the latest fintech applications. The company's goal is to empower businesses to digitally transform and gain a competitive advantage.
San Francisco, CaliforniaHeadquarters
2015Year Founded
$13.6MTotal Funding
SERIES_BCompany Stage
Enterprise Software, Fintech, Financial ServicesIndustries
51-200Employees
Risks
Competition from Paymentology and Audax may challenge TrueNorth's digital banking market share.
Brim Financial's partnership with Mastercard could overshadow TrueNorth's credit card initiatives.
Exposure to early-stage fintechs in ICBA ThinkTECH Accelerator may create future competitors.
Differentiation
TrueNorth's Team Captain approach ensures expert guidance in fintech software development.
The company has built three fintech unicorns: Lending Club, Upgrade, and Dianrong.
TrueNorth specializes in digital transformations, securing $40 billion in client funding.
Upsides
Partnership with OneVest enhances wealth management solutions for North American financial institutions.
Collaboration with Brim Financial expands credit card-as-a-service offerings in the US and Canada.
Involvement in ICBA ThinkTECH Accelerator fosters innovation in community banking.
Funding
Total raised$13.62 M
Latest valuation$50.00 M
StageSERIES_B
SERIES B
3/31/2020$10
$50.00 MSEED
11/30/2019$2
$12.50 M