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Twenty20
Authentic Stock Photos & Royalty-Free Images
About Twenty20
Twenty20 operated as a crowdsourced stock photography marketplace, providing an alternative to traditional stock photos for brands and creative agencies. The company was founded in February 2014 by Matt Munson, Todd Emaus, and Kevin Fremon in Marina Del Rey, California. Initially launched in April 2013 as Instacanvas, a service for printing Instagram photos on canvas, the business pivoted in October 2013 to become a marketplace for licensable images.
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Matt Munson, a serial entrepreneur who served as CEO, previously helped build and sell two other companies in advertising and digital media. His experience with the intense pressures of entrepreneurship later led him to become a CEO coach, focusing on the psychological challenges faced by founders. The company's business model was centered on providing authentic, real-world imagery that appealed to clients like Google, Hulu, and Vice. It sourced its content from a global community of photographers who uploaded their work via a dedicated iOS app. The platform operated on a subscription-based model, offering various tiers for access to its extensive library, and also provided à la carte image licensing. Photographers received a share of the revenue generated from their photos.
A significant milestone for Twenty20 was securing $8 million in a Series A funding round in February 2015, by which time it had amassed a library of 45 million photos. In April 2019, the company was acquired by Envato, a platform for graphics and video assets, with the intention of integrating Twenty20's collection into the Envato Elements subscription service. However, Envato later decided to shut down the Twenty20 service by July 31, 2022, as part of a strategic shift to focus on its core products.
Latest news
Press, funding announcements and product moves mentioning Twenty20.
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| EARLY VC✓Equity / VC | Jun 2018 | $22M | $89M | Undisclosed | — |
| SERIES A✓Equity / VC | Feb 2015 | $8M | $32M | First Round Capital · Version One Ventures · Bullpen Capital · Canaan | — |
Growth signals
Latest recorded traffic for Twenty20 is 31K monthly website visits, down 77.9% over the last three months. Twenty20's team grew 13.6% over the past year.
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed6 investors entered at this stage
Velos Partners
Version One Ventures
Roham Gharegozlou
Mucker Capital
Scott Banister
Pathfinder
Series A3 investors entered at this stage
Canaan
First Round Capital
Bullpen Capital
Other known investors2 additional known investors
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Twenty20 on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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