43North portco, MagnusMode, acquired

Magnusmode, a 3North portfolio company focused on accessibility technology, has been acquired by Vertus Group, a division of Jonas Software.

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Read the announcement from 43North here

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Founded by Nadia Hamilton, Magnusmode develops tools that help people with accessibility needs navigate everyday experiences with greater confidence and independence through its MagnusCards platform.

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Part of the company’s growth story traces back to one early introduction.

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After winning 43North in 2019, Magnusmode was introduced by the 43North team to M&T Bank CEO René Jones. That connection led to M&T becoming the company’s first U.S. customer and helped accelerate its expansion into the financial services sector. M&T later introduced Magnusmode to additional banking partners, including Huntington Bank, helping establish one of the company’s strongest verticals.

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“We’re proud to have Nadia and Magnusmode in our portfolio,” said Colleen E. Heidinger, president of 43North. “Her success shows how the right introductions can accelerate growth and why investing in underrepresented founders matters.”