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TrueNorth

TrueNorth

Fintech software development and digital transformation

About

TrueNorth focuses on software development in the fintech sector, providing services like consulting, customization, and digital transformation. The company helps businesses in financial services, healthcare, and education replace outdated IT systems with modern digital solutions through its "TrueSolution" package. TrueNorth stands out with its "Team Captain" structure for efficient project management and a team of expert engineers skilled in the latest fintech applications. The goal is to empower clients to digitally transform and gain a competitive advantage.

Company Stage

Series B

Employees

51-200

Industries

Consulting, Fintech

Total Funding

$12.5M

Headquarters

N/A

Founded

2015


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Simplify's Take

What believers are saying

  • Strategic partnerships with companies like OneVest and Brim Financial expand TrueNorth's service offerings and market reach, enhancing its growth potential.
  • TrueNorth's involvement in initiatives like the ICBA ThinkTECH Accelerator underscores its commitment to innovation and industry leadership.
  • The company's focus on replacing legacy IT systems with modern digital solutions positions it well for long-term relevance and client retention.

What critics are saying

  • The highly competitive fintech sector requires continuous innovation, which can be resource-intensive and challenging to sustain.
  • Dependence on strategic partnerships means that any disruption in these relationships could impact TrueNorth's service delivery and market position.

What makes TrueNorth unique

  • TrueNorth's 'TrueSolution' package offers a comprehensive suite of services from consulting to digital transformation, setting it apart from competitors who may only focus on one aspect of fintech solutions.
  • The company's 'Team Captain' structure ensures efficient project management, a unique approach that enhances client satisfaction and project success rates.
  • TrueNorth's leadership includes industry pioneers and advisors with significant fintech experience, providing a depth of expertise that is hard to match.

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Growth & Insights
Headcount

6 month growth

14%

1 year growth

32%

2 year growth

47%

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