Catch up with the latest developments, news and insights from 43North and our portfolio companies.
For the third year in a row, at least 20 local startups have attracted growth-oriented financing from private sources. In 2019, the cumulative amount of money raised has already eclipsed $220 million, enabling companies to hire engineers, customer service reps, sales personnel and business executives.
Congratulations to ACV Auctions on your $150 million Series E raise, your $1.5 billion valuation, and your 1,000th employee! We’re proud to have you in the 43North portfolio and we can’t wait to see how you continue to grow and revolutionize the dealer-to-dealer used car industry!
The success of ACV Auctions speaks to entrepreneurs worldwide and shouts that the history and spirit of innovation is alive and well, right here in Western New York.
Buffalo has its first confirmed unicorn. Only this one isn’t a horse with a horn on its head. It’s a privately held startup company that has achieved a rare benchmark of being valued by investors at $1 billion or more.
ACV Auctions has raised the largest round of venture capital in the history of Buffalo-based companies, making it the region’s first software unicorn, according to a company announcement Tuesday evening.
43North portfolio company ACV Auctions has raised a $150 million Series E round of financing at a valuation of greater than $1.5 billion, making it Buffalo’s first tech unicorn.
In 2006, Feld co-founded Techstars, which has built a presence around the world working with startups, including in Buffalo, in partnership with 43North.
In this short film by FIFTEEN and DRIFTWOOD, a founder embarks on her entrepreneurial journey and navigates the ups and downs that come with starting a company.
Building a startup culture requires patience, just like building a new startup company. Not every bet is a winner, but you have to be in the game to have a shot.
Sahu was low-key, methodical and humble, even, in explaining how he would turn his company into a Buffalo-based growth story by creating a sort of underground version of Google Maps.
It turns out, he didn’t have to be flashy. The five judges liked his plan and his vision, and awarded Strayos the competition’s $1 million grand prize.
Governor Andrew M. Cuomo today announced the winners of the sixth annual $5 million 43North startup competition, including the grand prize winner of a $1 million investment and the seven companies that each won investments of $500,000.
Strayos is a 3D visual intelligence platform for the mining and Infrastructure industry. Their AI engine utilizes imagery data to extract hidden insights about geology in mining for optimized drilling/blasting and pre-excavation utility detection below the ground surface for accurate inspection in infrastructure projects.