Two

1. 21 Mar 2023

   Series A

   €18.0M

   Cumulative €18.0M

2. 11 Jul 2025 · +2 yr 4 mo

   Series A

   €13.0M

   Cumulative €31.0M

Amounts in EUR, converted at the ECB rate on the event date. Funding totals exclude debt, grants and state aid; rounds whose instrument is not yet established are still counted. Every figure links to its source.

• Funding11 Jul 2025EUR 13.0M

  Two raised EUR 13.0M in Series A.

  ▸Source: Tech.eu

  Read at Tech.eu

• Funding21 Mar 2023EUR 18.0M

  Two raised a EUR 18M Series A co-led by Shine Capital and Antler to expand its B2B payments platform.

  ▸Source: two.inc

  Read at two.inc

• Andreas Mjelde

  CEO & co-founder

Raised €31.0M to date · FY2024 turnover €1.1M · 19 employees

• ≈€60K turnover per employee (FY2024).

What does Two do?

Norwegian B2B payments platform offering net terms, instant seller payout and AI fraud/credit underwriting. Formerly Tillit; founded 2020 in Oslo.

When was Two founded?

Two was founded in 2020.

Where is Two headquartered?

Two is headquartered in Oslo, Norway.

How much funding has Two raised?

Two has raised €31.0M (across 2 rounds · last 11 Jul 2025).

What was Two's latest funding round?

Two's most recent disclosed round was a Series A round of €13.0M, announced 11 July 2025.

Who has invested in Two?

Investors in Two include Antler, Idékapital, Investinor, LocalGlobe, Sequoia Capital, Shine Capital.

What is Two's revenue?

Two reported €1.1M in turnover for FY2024, per official registry filings.