What is Two?
Two operates as a specialized provider of B2B transaction solutions, headquartered in Oslo, Norway. The company focuses on digitizing and optimizing the payment experience for businesses, effectively bridging the gap between traditional procurement processes and modern digital finance. By providing a seamless platform for B2B payments, Two addresses critical inefficiencies in corporate purchasing, offering a scalable architecture that supports high-volume transactions. Its market position is defined by its ability to integrate into existing enterprise software ecosystems, providing a frictionless experience that reduces administrative overhead and improves cash flow management for its clients.
How much funding has Two raised?
Two has raised a total of $34.6M across 2 funding rounds:
Series A
$19.4M
Other Financing Round
$15.2M
Series A (2023): $19.4M with participation from Alumni Ventures, Antler, Shine Capital, Sequoia Capital, LocalGlobe, and Day One Ventures
Other Financing Round (2025): $15.2M led by LocalGlobe, Idekapital, Sequoia Capital, Antler, and Shine Capital Management
Key Investors in Two
Sequoia Capital
A globally recognized venture capital firm with an unparalleled track record of partnering with entrepreneurs to create market-leading technology companies.
Antler
A global early-stage venture capital firm that partners with exceptional founders to launch and scale startups that address meaningful global challenges.
LocalGlobe
A prominent venture capital firm focused on supporting high-growth technology companies through strategic investment and operational guidance.
What's next for Two?
Looking ahead, the strategic deployment of the $15.2M capital will likely focus on deepening product capabilities and accelerating international market penetration. As the company transitions into a more advanced lifecycle stage, the emphasis will shift toward scaling its proprietary technology to handle increased transaction volumes while maintaining high security and compliance standards. The continued support from high-profile venture capital partners suggests a long-term commitment to establishing Two as a dominant player in the B2B payment infrastructure space. Future initiatives are expected to prioritize the development of automated reconciliation tools and expanded cross-border payment functionalities, further cementing its role as an essential utility for modern enterprise commerce.
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