How Much Did Twosense Raise?
Funding & Key Investors

Twosense, a provider of Behavioral Multi-Factor Authentication (MFA) solutions, has secured significant enterprise-level funding, with its total capital raised standing at $3.2M. The company recently announced a major strategic investment of $3M, underscoring its growth trajectory and market position in the identity verification sector. This latest financing round follows earlier capital injections, reflecting sustained investor confidence in Twosense's innovative approach to securing BPO contact centers.

What is Twosense?

Twosense
SoftwareSecurity Software

Twosense specializes in offering Behavioral Multi-Factor Authentication (MFA) for BPO contact centers, leveraging biometric software-only solutions that eliminate the need for physical tokens or webcams. Their Continuous MFA product is designed to deliver secure, phishing-resistant, and PCI-compliant identity verification. By analyzing user typing and mouse behavior, Twosense's platform automates user authentication, providing a seamless and robust security experience for enterprises. The company's technology is trusted by leading BPOs seeking to enhance their security posture.

How much funding has Twosense raised?

Twosense has raised a total of $3.1M across 2 funding rounds:

2020

Debt

$150K

2021

Angel/Seed

$3M

Debt (2020): $150K with participation from PPP

Angel/Seed (2021): $3M led by Entrepreneurs Roundtable Accelerator, Marc Weiss, Josh Lospinoso, Atypical Ventures, Brand New Matter Ventures, Preface Ventures, Jonathan Cogley, and Glasswing Ventures

Key Investors in Twosense

Entrepreneurs Roundtable Accelerator

Entrepreneurs Roundtable Accelerator (ERA) is an early-stage fund and technology accelerator based in New York City, supporting startups with initial investments and extensive mentorship to foster growth and market capitalization.

Glasswing Ventures

Glasswing Ventures is a venture capital firm that invests in early-stage companies leveraging AI and frontier technology, particularly in enterprise and security markets, providing deep technical expertise and C-level support.

Atypical Ventures

Atypical Ventures is an investment firm that provides capital to companies, likely focusing on innovative technologies and market disruptors.

What's next for Twosense?

With the recent infusion of major strategic investment, Twosense is poised for accelerated growth and market expansion. The company's focus on continuous, behavioral MFA addresses a critical need for enhanced security in the BPO sector, particularly against sophisticated phishing attacks. Future developments are likely to involve further refinement of their biometric analysis algorithms, broader integration capabilities with enterprise systems, and potentially expanding their service offerings to other industries requiring stringent identity verification. This strategic financing will enable Twosense to scale its operations, enhance its product development, and solidify its competitive advantage in the cybersecurity landscape.

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Frequently Asked Questions Regarding Twosense Financial Insights

What are the most recent funding rounds that Twosense has completed, and what were the funding rounds?
Twosense has recently completed 2 funding rounds: Angel/Seed on May 11, 2021, Debt on Apr 28, 2020.
What is the total amount of funding Twosense has raised to date?
Twosense has raised a total of $3.1M in funding to date.
How many funding rounds has Twosense completed?
Twosense has completed 2 funding rounds.
How much funding did Twosense raise in its most recent funding round?
Twosense raised $3M in its most recent funding round.
Who are the lead investors in Twosense's latest funding round?
The lead investor in Twosense's latest funding round was Entrepreneurs Roundtable Accelerator. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Twosense's history?
The largest funding round in Twosense's history was $3M.
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