Two.
2020
Year Founded
2022
Year Selected
Oslo, Norway
Location(s)
101-250
Team Size
THE MISSION
Two, a Scale Up Batch 4 member, is a software development company that specializes in B2B purchase management. Their platform offers a streamlined solution for invoice financing and smart expense management, enabling businesses to access funds quickly and efficiently manage their cash flow. By automating payment and invoice reconciliation, Two reduces errors and saves time, simplifying the financial process. Operating in Norway and the UK, with offices in Oslo and London, Two is expanding globally. Their subscription-based model and innovative approach address the complexities and inefficiencies of traditional B2B transactions, making it easier for businesses to manage expenses and optimize growth. Two’s platform stands out for its speed, flexibility, and efficiency, aligning with Endeavor’s mission to support high-impact entrepreneurs driving economic growth and innovation.
In 2023, Two raised a $19.4M Series A led by Sequoia Capital, Arkwright, Shine Capital, and many more. The capital will be to support Two’s expansion as it looks to take on the $120t B2B commerce market. Two also recently announced a partnership with Allianz and Santander to support large, multinational merchants across Europe and North America.
Two in Three: What problem is Two solving? Two is solving the inefficiencies and complexities of traditional B2B purchase management by streamlining invoice financing and expense management.
What’s innovative about Two Two’s platform is innovative due to its automation of payment and invoice reconciliation, which reduces errors and saves time while offering a subscription-based model for B2B transactions.
Who can use Two? Businesses operating in the B2B sector can utilize Two’s platform to enhance their purchase management and cash flow processes.
OUR TAKE
What excites us about Two is their innovative approach to fixing the inefficiencies of B2B transactions. Their platform provides a unique and efficient solution to managing B2B purchases, offering businesses a faster and more affordable way to manage their finances and grow their businesses. Furthermore, their focus on optimizing the B2B purchasing experience aligns with Endeavor's mission of supporting high-impact entrepreneurs who are dedicated to driving economic growth and innovation.