Investor · 3 deals
Every published round Northzone took part in, and every parcel of existing shares it bought off another holder. Deals we hold but haven't published yet are not counted.
| Company | Stage | Announced | Amount | Role | Alongside | Sources |
|---|---|---|---|---|---|---|
| XBow | Series C | Mar 2026 | US$120m ($168m) | Lead | finance.yahoo.com | |
| Earnd | Series C | Apr 2022 | $81m | Participant | Startup Daily, Techboard | |
| TrueLayer | Series D+ | 9 Apr 2021 | $70m | Participant | Australian FinTech (Mon 19 Jul 2021), Australian FinTech (Fri 9 Apr 2021) |
Companies Northzone has backed in a published round, and companies whose existing shares it bought off another holder.
Fund closes reported for Northzone, as distinct from the investments it has made.
Companies Northzone has backed that another company then bought. An exit for the holding, not a deal Northzone did.
Stories naming Northzone. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Xbow, a startup using AI for cybersecurity, has closed a $120 million round co-led by DFJ Growth and Northzone at a valuation topping $1 billion, with five other investors participating.
Humanforce has bought Wagestream's Australian arm, formerly Earnd, for an undisclosed sum. The article recalls Earnd's 2019 raise, its sale to Greensill, rescue by Wagestream, an A$81m Series C, and Humanforce's earlier acquisitions.
UK pay-access fintech Wagestream, formed from Sydney's Earnd, secured a A$236 million Series C — equity led by Smash Capital with Silicon Valley Bank debt — to expand beyond Britain, including across Australia.
UK open banking platform TrueLayer has raised a US$70 million Series D led by Addition, with existing backers joining, to fund global expansion and grow its engineering and commercial teams.
Also Australian FinTech
A profile of open banking API provider TrueLayer, covering its founding, backers, Australian leadership and expansion plans, with no new funding, hires or transactions announced.