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§ Private Profile · San Francisco, CA, USA
Open Source CRM
Building a modern alternative to Salesforce: https://github.com/twentyhq/twenty
Twenty has raised $43.0M across 2 funding rounds.
Key people at Twenty.
Twenty was founded in 2023 by Félix Malfait (Founder) and Charles Bochet (Founder) and Thomas des Francs (Founder).
Twenty has raised $43.0M in total across 2 funding rounds.
Twenty has raised $43.0M across 2 funding rounds. Most recently, it raised $38.0M Series A in November 2025.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Nov 20, 2025 | $38M Series A | Raymond Tonsing | General Catalyst, IN Q TEL | Announced |
| Nov 1, 2024 | $5M Seed | Runa Capital | 10100, 5Y Capital, AirAngels, ALT Capital, Awesome People Ventures, Balderton Capital, Citi Ventures, Earl Grey Capital, General Catalyst, Gradient Ventures, Granite Asia, ICONIQ Capital, Infinite Capital, Insight Partners, Jonathan Golden, NEW Enterprise Associates, NOT Boring Capital, Opencapital.vc, Paradigm, Pareto Holdings, Radical Ventures, S28 Capital, Soma Capital, Summit Partners, Supercharge.vc, Tribe Capital, Vibe Capital, Y Combinator, Allison Pickens (Allison Pickens Ventures), Arash Ferdowsi, Christian Reber, Dharmesh Shah, James Beshara, Jean Charles Samuelian, Mathilde Collin, Ravi Grover, Scott Belsky, Sergei Anikin, Shay Banon | Announced |
Key people at Twenty.
Twenty is a modern, open-source CRM platform designed as a powerful, affordable, and fully customizable alternative to proprietary solutions like Salesforce. It serves businesses looking to manage customer relationships with flexibility and control, particularly fast-growing companies needing adaptable workflows. The platform emphasizes data ownership, allowing users to self-host and customize objects, fields, views, and automate workflows through APIs and integrations. Backed by a thriving community and Y Combinator, Twenty aims to democratize CRM technology by combining the simplicity of SaaS with the freedom and cost savings of open source[1][3][6].
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Founded in 2023 by Charles Bochet, Thomas des Francs, and Félix Malfait, Twenty emerged to address the high cost and vendor lock-in common in traditional CRM systems. The founders envisioned a fresh start with a user experience inspired by modern tools like Notion and Airtable, coupled with open-source principles to foster community collaboration and innovation. Early traction was supported by Y Combinator backing and a growing developer community contributing to the platform’s rapid evolution. The company is based in San Francisco and currently employs around 10 people[4][6].
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Twenty rides the growing trend toward open-source software and data sovereignty in enterprise tools. As companies seek to escape costly, inflexible CRM vendors, Twenty’s open-source model offers a timely alternative that aligns with demands for transparency, customization, and cost efficiency. The platform leverages modern UX patterns and developer ecosystems to challenge legacy CRM incumbents. Its community-driven development model fosters innovation and rapid iteration, influencing the CRM market by proving that open-source can compete with proprietary giants on features and usability[1][3][4][6].
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Twenty is positioned to expand its influence by deepening its ecosystem with plugin capabilities and broader integrations, potentially growing into a full-fledged CRM operating system. Trends such as increased demand for data ownership, automation, and flexible SaaS alternatives will shape its trajectory. As the platform matures, its community and enterprise adoption are likely to grow, challenging traditional CRM vendors and driving innovation in customer relationship management. For investors and users alike, Twenty represents a compelling blend of open-source freedom and modern SaaS convenience, signaling a shift in how CRM software is built and consumed[1][3][4][6].
Twenty was founded in 2023 by Félix Malfait (Founder) and Charles Bochet (Founder) and Thomas des Francs (Founder).
Twenty has raised $43.0M in total across 2 funding rounds.
Twenty's investors include Raymond Tonsing, General Catalyst, In-Q-Tel, Runa Capital, 10100, 5Y Capital, AirAngels, Alt Capital, Awesome People Ventures, Balderton Capital, Citi Ventures, Earl Grey Capital.