About Two
Two is a company based in Oslo (Norway) founded in 2020 by Andreas Mjelde, Edward Brandler, and Kiran Thomas.. Two has raised $48.03 million across 4 funding rounds from investors including Shine Capital, Antler and Sequoia Capital. Two offers products and services including Online Net Terms, Direct Sales Tool, In-store Payment Solution, and Fraud Engine. Two operates in a competitive market with competitors including BigCommerce, Unicommerce, NowFloats, Vinculum Solutions and Shopalyst, among others.
- Headquarter Oslo, Norway
- Founders Andreas Mjelde, Edward Brandler, Kiran Thomas
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Sectors
Financial ServicesRetail
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Email
***********
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Phone
*********
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Website
*********
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Social
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Annual Revenue
$3.95 K (USD)0as on Dec 31, 2021
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Net Profit
$-1.35 M (USD)0as on Dec 31, 2021
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EBITDA
$-1.16 M (USD)0as on Dec 31, 2021
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Total Equity Funding
$48.03 M (USD)
in 4 rounds
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Latest Funding Round
$15.23 M (USD), Series A
Jul 11, 2025
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Investors
Shine Capital
& 10 more
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Employee Count
Employee Count
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Products & Services of Two
Two offers a comprehensive portfolio of products and services, including Online Net Terms, Direct Sales Tool, In-store Payment Solution, and Fraud Engine. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Enables net terms for webstore B2B sales to boost revenue.
Automates credit offers for faster direct sales transactions.
Provides secure B2B purchasing with instant credit decisions.
Detects and prevents fraud in B2B transactions using AI.
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Funding Insights of Two
Two has successfully raised a total of $48.03M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $15.23 million completed in July 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Series A — $15.2M
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First Round
First Round
(11 Feb 2021)
- Investors Count 11
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2025 | Amount | Series A - Two | Valuation | Idekapital , Shine Capital | |
| Mar, 2023 | Amount | Series A - Two | Valuation | Shine Capital , Antler | |
| Jun, 2022 | Amount | Series A - Two | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Two
Two has secured backing from 11 investors, including venture fund investors. Prominent investors backing the company include Shine Capital, Antler and Sequoia Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Early-stage venture capital investments are made by Shine Capital.
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Founded Year | Domain | Location | |
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Early-stage investing and founder support services are offered globally by Antler.
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Founded Year | Domain | Location | |
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Sequoia Capital is engaged in venture capital investments.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Two
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Two
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Two Comparisons
Competitors of Two
Two operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as BigCommerce, Unicommerce, NowFloats, Vinculum Solutions and Shopalyst, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
SaaS-based software suites for e-commerce operations are provided.
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| domain | founded_year | HQ Location |
Provider of e-commerce enablement platform automating order processing, inventory, warehouse, and shipping
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| domain | founded_year | HQ Location |
Provider of SaaS platform for online website creation
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| domain | founded_year | HQ Location |
Cloud-based end-to-end eCommerce and retail solutions are provided.
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| domain | founded_year | HQ Location |
Suite solutions for e-commerce businesses are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Two
Frequently Asked Questions about Two
When was Two founded?
Two was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Where is Two located?
Two is headquartered in Oslo, Norway. It is registered at Oslo, Oslo, Norway.
Who is the current CEO of Two?
Andreas Mjelde is the current CEO of Two. They have also founded this company.
Is Two a funded company?
Two is a funded company, having raised a total of $48.03M across 4 funding rounds to date. The company's 1st funding round was a Series A of $10.7M, raised on Feb 11, 2021.
What is the annual revenue of Two?
Annual revenue of Two is $3.95K as on Dec 31, 2021.
What does Two do?
Two was established in 2020 in Oslo, Norway, as a provider of point-of-sale financing for e-commerce operations. Services include buy now pay later options, KYC verification, customer onboarding, and customized payment terms based on user profiles. Automated checkout rules are also implemented to support business integrations. The focus remains on enabling flexible payment solutions within the fintech sector.
Who are the top competitors of Two?
Two's top competitors include NowFloats, BigCommerce and Unilog.
What products or services does Two offer?
Two offers Online Net Terms, Direct Sales Tool, In-store Payment Solution, and Fraud Engine.
Who are Two's investors?
Two has 11 investors. Key investors include Shine Capital, Antler, Sequoia Capital, Day One Ventures, and Alumni Ventures.