Twosense, Inc.
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Twosense, Inc. - overview
Established
2015
Location
New York, NY, US
Primary Industry
Software
About
Twosense, Inc. offers innovative Continuous Multi-Factor Authentication (MFA) solutions that utilize behavioral biometrics to enhance security, particularly in high-risk environments such as contact centers. Founded in 2015, Twosense, Inc. operates from New York, US, providing advanced security solutions.
The company was co-founded by Dawud Gordon and John Tanios. In April 2021, Twosense raised USD 2. 87 mn in Seed funding, co-led by Atypical Ventures and Preface Ventures, with participation from Remarkable Ventures, Brand New Matter, Entrepreneurs Roundtable Accelerator, and Glasswing Ventures. The total amount raised by the company stands at USD 2.
87 mn, with a current valuation of USD 15. 56 mn. Twosense specializes in Continuous Multi-Factor Authentication (MFA) solutions, focusing on behavioral biometrics to enhance security in high-risk environments like contact centers. Their primary offering leverages users’ unique patterns of typing and mouse movement to provide real-time authentication without the need for traditional hardware tokens or one-time passwords.
This innovative approach addresses the growing need for secure, frictionless authentication in various industries, particularly for clients operating remotely or in flexible work arrangements. The technology is designed to mitigate risks associated with credential misuse and insider threats, thereby ensuring the integrity of sensitive data. Twosense serves a diverse client base, including enterprises in North America, Europe, and Asia, focusing on sectors such as customer service, healthcare, and finance, where stringent security protocols are paramount. Twosense generates revenue through subscription-based models, providing clients with access to their Continuous MFA solutions.
This structure typically involves annual or monthly fees based on the number of users and the specific features required by the organization. The company's flagship product is designed to seamlessly integrate into existing IT infrastructures, making it an attractive option for enterprises seeking to enhance their security posture without disrupting current workflows. Clients may also engage in partnerships for tailored solutions, reflecting Twosense's commitment to addressing the unique challenges faced by different industries. The revenue model emphasizes long-term client relationships, ensuring continuous updates and support to maintain compliance and security standards.
Following their recent Seed funding of USD 2. 87 mn raised in April 2021, Twosense plans to develop new products that aim to expand its Continuous MFA offerings. The company is targeting expansion into new markets in Europe and Asia by 2023, focusing on sectors that demand high security. The funding will be utilized to enhance product development and enter these new geographic areas, ensuring they meet the specific needs of diverse industries.
Current Investors
Entrepreneurs Roundtable Accelerator, Glasswing Ventures, Brand New Matter
Primary Industry
Software
Sub Industries
Analytics & Performance Software, Storage Management Software
Website
www.twosense.ai
Verticals
Artificial Intelligence, Blockchain
Company Stage
Angel & Seed
Total Amount Raised
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