2TM - About the company
2TM is a series B company based in Sao Paulo (Brazil), founded in 2013 by Mauritius Chamati and Mauricio Chamati. It operates as a Provider of blockchain infrastructure network for financial markets. 2TM has raised $250M in funding from investors like Endeavor Brasil, Tribe Capital and 10T, with a current valuation of $2.1B. The company has 2505 active competitors, including 432 funded and 70 that have exited. Its top competitors include companies like BitGo, Ripple and FalconX.
Sectors and market segments that 2TM operate in
2TM serves in the High Tech, Blockchain Technology, FinTech market segments.The primary business model of 2TM are:Company Details
Provider of blockchain infrastructure network for financial markets. It provides users with blockchain protocols for the finance industry. It also democratizes cryptocurrencies and digital assets, offering different solutions for companies and end consumers. It also provides security solutions for funding and investment operations. Its product includes Bitrust for the security of custodian assets, Clearbook for investment in startups, and more.
Key Metrics
Founded Year
2013
Location
Sao Paulo, Brazil
Stage
Series B
Total Funding
$250M in 3 rounds
Latest Funding Round
Post Money Valuation
$2.1B as on Nov 30, 2021
Investors
Ranked
138th among 2505 active competitors
Employee Count
35 as on Sep 30, 2026
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2TM's funding and investors
2TM has raised a total funding of $250M over 3 rounds. Its first funding round was on Jan 2021. Its latest funding round was a Series B round on Nov 30, 2021 for $50.3M. 5 investors participated in its latest round. 2TM has 12 institutional investors.
Here is the list of recent funding rounds of 2TM:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Nov 30, 2021 | $50.3M | Series B | $2.1B | - | ||
Jul 01, 2021 | $200M | Series B | $2.1B | - | - | |
Jan 2021 | Undisclosed | Series A | - | - |
View details of 2TM's funding rounds and investors
2TM's founders and board of directors
Founder? Claim ProfileHere are the details of 2TM's key team members:
- Mauritius Chamati: Founder of 2TM.
- Mauricio Chamati: Founder of 2TM. Contact Info: 1 email address
- Roberto Dagnoni: CEO of 2TM. Contact Info: 1 email address
View details of 2TM's Founder profiles and Board Members
2TM's employee count trend
2TM has 35 employees as of Sep 26. Here is 2TM's employee count trend over the years:
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2TM's Competitors and alternates
Top competitors of 2TM include BitGo, Ripple and FalconX. Here is the list of Top 10 competitors of 2TM, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | BitGo 2013, Palo Alto (United States), Public | Platform that offers crypto based financial services | $170M | 81/100 | |
2nd | Ripple 2012, San Francisco (United States), Series D | Provider of blockchain and financial infrastructure solutions for cross-border payments and digital asset custody | $853M | 81/100 | |
3rd | FalconX 2018, San Francisco (United States), Series D | Online platform offering cryptocurrency trading and investment solutions for institutions | $430M | 80/100 | |
4th | Coins.ph 2014, Pasig (Philippines), Acquired | Digital wallet for Bitcoin assets | $40M | 79/100 | |
5th | Amber Group 2017, Singapore (Singapore), Series C | Provider of blockchain-based financial solutions | $628M | 78/100 | |
6th | Fireblocks 2018, New York (United States), Series E | Provider of an online platform for crypto custody, payments, tokenization, and wallet-as-a-service | $1.04B | 76/100 | |
7th | Luno 2013, London (United Kingdom), Acquired | App-based platform for crypto wallet and investments | $13M | 76/100 | |
8th | Blockchain network for payments | $125M | 75/100 | ||
9th | Consensys 2014, Fort Worth (United States), Series D | Developer of blockchain and web3 software platform | $725M | 75/100 | |
10th | Anchorage Digital 2017, San Francisco (United States), Series E | Digital asset platform providing trading, custody, staking, settlement, and crypto financial infrastructure | $587M | 75/100 | |
138th | Provider of blockchain infrastructure network for financial markets | $250M | 48/100 |
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2TM's Investments and acquisitions
2TM has made 8 investments in companies including Delend and Ribon. 2TM has also acquired 2 companies including Wuzu and CriptoLoja.Here is the list of investments & acquisitions:
Filter this list
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Mar 28, 2024 | Investments | 2023 | Sao Paulo (Brazil) | |
Apr 27, 2022 | Investments | 2016 | Brasilia (Brazil) | |
Mar 11, 2022 | Acquisition | 2016 | Curitiba (Brazil) |
See all investments by 2TM
Reports related to 2TM
Here is the latest report on 2TM's sector:
News related to 2TM
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Brazilian SocialTech startup Ribon lands $3.5 million in funding to fix charitable giving using cryptoTechStartups.com•Apr 27, 2022•Ribon, Valor Capital Group, BITKRAFT Ventures, Kenetic and 2 others
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Coinbase nears deal to buy Brazil crypto unicorn 2TM, media saysThe Business Times•Mar 28, 2022•Coinbase, 2TM, Mercado Bitcoin
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Trace Finance rallies $4.3m seedVCJ•Feb 15, 2022•Trace Finance, HOF Capital, Circle Venture Capital, THE CHAINSMOKERS and 10 others
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Mercado Libre invests in Mercado Bitcoin and PaxosTelecompaper•Jan 24, 2022•MercadoLibre, Paxos, 2TM, MercadoLibre
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Brazilian Crypto Firm 2TM Raises US$50 Million To Expand in LatAmContxto•Dec 02, 2021•2TM, SoftBank Group, Tribe Capital, Endeavor Brasil and 3 others
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Brazilian unicorn 2TM raises additional USD50m in second closing of Series B roundPrivate Equity Wire•Nov 30, 2021•2TM, Tribe Capital, TC, Endeavor and 2 others
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