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.

Who is the current CEO of Two?

Andreas Mjelde of Two. They have also founded 1 company.

How many employees does Two have?

As of Aug 31, 2026, the latest employee count at Two is 112.

Is Two a funded company?

Two is a funded company, having raised a total of $48M across 4 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Feb 11, 2021.

When was the latest funding round of Two?

Two's latest funding was a $***** Series A round on Jul 11, 2025, with participation from 8 investors.

Where does Two rank among its competitors?

Two ranks 3rd amongst 45 active competitors, of which 7 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was Two, which secured $15.2M in Jul, 2025.

Who are the top competitors of Two?

Two's top competitors include Shopify, BigCommerce and Unicommerce. Among them, Two secured the most recent funding round in July, 2025.

Two - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Point of sale financing solution for e-commerce businesses. It offers a solution that enables businesses to provide buy now pay later financing options to the end customers. It features KYC and customer onboarding, customized payment terms based on user profile, automated checkout rules, and more.

Website: www.two.inc/
Email ID: *****@two.inc

Key Metrics

Founded Year

2020

Location

Oslo, Norway

Stage

Series A

Total Funding

$48M in 4 rounds

Latest Funding Round

Series A, Jul 11, 2025, $*****

Investors

Shine Capital & 14 more

Ranked

3^rd among 45 active competitors

Employee Count

112 as on Aug 31, 2026

Similar Companies

Shopify & 1919 more

View Two's full profile

Two is associated with 3 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count
B & B eCommerce s.r.o. CIN: 19470592 , Czech Republic, Active	Jun 23, 2023	-	-
TWO B2B LTD CIN: 13078389 , United Kingdom, Active	Dec 10, 2020	-	32 (As on Dec 31, 2024)
TWO AS CIN: 925976105 , Norway, Active	Nov 01, 2020	-	18 (As on Dec 31, 2023)

Two has raised a total funding of $48M over 4 rounds. Its first funding round was on Feb 11, 2021. Its latest funding round was a Series A round on Jul 11, 2025 for $*****. 8 investors participated in its latest round. Two has 14 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Two:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 11, 2025	6680337	Series A	3330694	9860330	6257801	1196172
Mar 21, 2023	4841122	Series A	2924332	8325851	5704753	Sequoia Capital & 5 more
2022	1446	Series A	7943	5820	8981	9610

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View details of Two's funding rounds and investors

The founders of Two are Andreas Mjelde, Edward Brandler and Kiran Thomas. Andreas Mjelde is the CEO of Two.

Here are the details of Two's key team members:

Andreas Mjelde: Co-Founder & CEO of Two.
Contact Info: 1 email address
Edward Brandler: Co-Founder of Two.
Kiran Thomas: Co-Founder of Two and founder of 1 other company.
Contact Info: 1 email address

View details of Two's Founder profiles and Board Members

Two's employee count trend

Two has 112 employees as of Aug 26. Here is Two's employee count trend over the years:

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Top competitors of Two include Shopify, BigCommerce and Unicommerce. Here is the list of Top 10 competitors of Two, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Shopify 2006, Ottawa (Canada), Public	Provider of an all-in-one commerce platform for businesses of all sizes	$122M	Georgian, Insight Partners & 18 others	88/100
2nd	BigCommerce 2009, Austin (United States), Public	Provider of ecommerce platform and related services for online businesses	$233M	Floodgate, General Catalyst & 14 others	74/100
3rd	Two 2020, Oslo (Norway), Series A	Point of sale financing solution for e-commerce businesses	$48M	Day One Ventures, Visionaries Club & 13 others	64/100
4th	Unicommerce 2012, Gurugram (India), Public	Provider of e-commerce enablement platform offering order, inventory, and warehouse management	$11.1M	Tiger Global Management, SoftBank & 13 others	55/100
5th	Unilog 1998, Wayne (United States), Acquired	Provider of B2B eCommerce software and product content management solutions	$3M	Kalaari Capital & 4 others	54/100
6th	Vinculum 2007, Noida (India), Series C	Platform offeirng cloud based end to end eCommerce and retail solution	$23.4M	Accel, IvyCap Ventures & 22 others	53/100
7th	Pobuca 2016, London (United Kingdom), Funding Raised	Omnichannel marketing automation solution	-	Wayra	44/100
8th	Shoptimize 2012, Pune (India), Acquired	Provider of cloud and AI-based software suite solutions for e-commerce businesses	$4.17M	Tandem Capital, Saha Fund & 4 others	42/100
9th	Commerce Layer 2017, Prato (Italy), Series B	Provider of commerce platform and order management system	$22M	Benchmark, Coatue & 4 others	41/100
10th	BRIKL 2016, Leuven (Belgium), Seed	Provider of B2B ecommerce platform for custom and on-demand merchandise	$2.4M	Saffelberg Investments	36/100