Twenty Raises $100M in Series B Funding, at $1 Billion Valuation

The round also saw participation from Friends & Family Capital, Point72 Ventures, and Caffeinated Capital. The company is valued at $1 billion.

The company plans to use the funds to grow its operations and continue developing its products.

HighGround is a defense intelligence platform focused on the defense capital markets. The company uses data and analytics to help investors and operators better understand government defense markets and make more informed decisions.

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This round follows growing demand for offensive cyber capabilities developed at commercial speed. The White House has renewed its focus on offensive cyber operations, encouraging the use of the full range of tools to disrupt adversary networks and increase the cost of attacks against U.S. interests.

"America is under sustained cyber attack, and our adversaries have learned—correctly—that those attacks rarely carry consequences," said Joe Lin, Co-founder and CEO of Twenty. "Twenty exists to change that. We are building the industrial base for American cyber power: the AI-enabled capabilities our warfighters need to disrupt threats at their origin. This round is extraordinary validation from some of the world's foremost investors, and we are pouring this funding directly into research and engineering."

"As a country, we need to invest more into cyber capabilities to protect our national security. We have underinvested over an extended period," said Jonathan Turner, Partner at Accel. "Investing in the best cyber capabilities will create one of the strongest and most cost-effective deterrents we can build. Accel is proud to lead this round and help set the standard for investing in the capabilities the country needs most. Twenty is the clear leader in this market: the team is unmatched, the mission is urgent and timely, and the company has reached operational relevance at a pace rarely seen in defense technology."

"For fifteen years we have backed founders who challenge the limits of what is possible. Twenty's speed from founding to operational relevance is in a class of its own," said Colin Anderson, Founding Partner at Friends & Family Capital and former CFO at Palantir. "The company has moved with commercial urgency in one of the government's most sensitive and consequential mission areas, which is extraordinarily difficult to do. Having first backed Joe and team nearly a decade ago, we are proud to partner with them once again as Twenty builds capabilities that are critical to America's security."

About Twenty

Founded in 2024 by Joe Lin, Leo Olson, Skyler Onken, and Pete Sorrentino, Twenty is the first VC-backed cyber warfare startup in the U.S. The company is building AI-powered, end-to-end systems for the U.S. military and Intelligence Community. Its goal is to give warfighters the speed and scale needed to counter and deter threats in cyberspace, while keeping human judgment at the center through strong evaluation, control, and mission-focused deployment.

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