43North
Buffalo accelerator investing $5M/year; five companies get $1M each plus a year-long program at Seneca One; equity is 5% via warrant. Companies must relocate the CEO and at least 50% of staff to Buffalo. Notable graduate: ACV Auctions (IPO).
Typical check size
$250K-$3M (stage-based estimate)
Founded
2014
Headquarters
Buffalo, NY
AUM
N/A
Rounds they lead
Seed
Rounds they invest
Pre-Seed
Seed
Portfolio companies we track
Startups in our directory that list 43North as an investor (3 total).
Related investment articles
FAQs about 43North
Stage fit, check size, thesis, and how founders typically approach this firm — based on public sources and our directory.
Our directory lists 43North as leading Seed and also investing at Pre-Seed and Seed. The flagship cohort model is a seed-style program check rather than a classic late-stage venture round.
Each year 43North invests about $5M across five companies — $1M per company — in exchange for 5% equity via warrant, plus a year-long program based at Seneca One in Buffalo.
Yes. Accepted companies must relocate the CEO and at least 50% of staff to Buffalo for the program. That residency requirement is central to the deal, not optional.
Our directory tags generalist-tech, enterprise-saas, healthtech, and marketplace. 43North runs an open thesis across software and growth-oriented startups willing to build from Buffalo.
43North typically leads through its cohort investment: the $1M program check is the primary institutional capital for that stage, after which graduates raise follow-on rounds from other investors.
The most widely cited graduate is ACV Auctions, which went public. We do not yet have a full 43North portfolio mapped in our startup directory; check 43north.org for the current company list.
Apply through the annual application process at 43north.org when the cohort window opens. Be ready to commit to Buffalo relocation, a year at Seneca One, and the 5% warrant terms before you pitch.
No. It is a Buffalo-based accelerator with a fixed annual cohort and standardized $1M / 5% warrant package, not an open-ended multi-stage VC fund. AUM is not applicable in the usual LP-fund sense.