
Tue Nov 19 23:18:11 UTC 2024: ## Paris-Based Open-Source CRM Startup Twenty Secures $5 Million in Seed Funding
**PARIS, FRANCE – [Date of Publication]** – Twenty, a rapidly growing open-source Customer Relationship Management (CRM) startup based in Paris, today announced it has secured $5 million in seed funding. The round was led by Runa Capital and included participation from a stellar group of angel investors, notably the founders of prominent tech companies HubSpot, Front, Cal.com, Sentry, and Photoroom.
Twenty offers a flexible, open-source CRM platform designed to consolidate all customer data and workflows into a single, centralized hub. The company’s innovative approach has attracted significant attention, and this funding will allow Twenty to expand its community, enhance its product features, and further penetrate the enterprise market.
The funding will be used to grow Twenty’s thriving open-source community, bolster product development, and accelerate enterprise deployments. The company is led by co-founders Félix Malfait, Charles Bochet, and Thomas Colas des Francs.
This substantial investment underscores the growing interest in open-source CRM solutions and highlights Twenty’s potential to disrupt the established CRM market. The involvement of prominent tech entrepreneurs further validates the company’s vision and technology.