What is Forter?
Forter operates at the forefront of digital commerce security, providing advanced AI-driven solutions designed to combat fraud and enhance identity intelligence. Headquartered in New York City, the company's platform is engineered to detect fraudulent activities, optimize payment processes, and mitigate chargebacks for businesses worldwide. By automating decision-making across the entire transaction lifecycle, Forter not only reduces risk but also maximizes legitimate transaction approvals, thereby fostering greater customer trust. Its comprehensive suite of services caters to global e-commerce enterprises, payment service providers, and financial institutions, streamlining operations while fortifying security.
How much funding has Forter raised?
Forter has raised a total of $650M across 7 funding rounds:
Series A
$3M
Series B
$15M
Series C
$32M
Series D
$50M
Series E
$125M
Series F
$300M
Series E
$125M
Series A (2014): $3M with participation from Steamboat Ventures
Series B (2014): $15M led by New Enterprise Associates and Steamboat Ventures
Series C (2016): $32M supported by New Enterprise Associates, BA Venture Partners, and Steamboat Ventures
Series D (2018): $50M featuring New Enterprise Associates, March Capital Partners, Salesforce Ventures, and Steamboat Ventures
Series E (2020): $125M backed by Bessemer Venture Partners, Commerce Ventures, Steamboat Ventures, Felix Capital Partners LLP, NewView Capital, Itai Tsiddon, March Capital Partners, and BA Venture Partners
Series F (2021): $300M with participation from Adage Capital Management, Tiger Global Management, and Third Point
Series E (2025): $125M led by Sequoia Capital, March Capital, NewView Capital, Felix Capital, Bessemer Venture Partners, Scale Venture Partners, and Commerce Ventures
Key Investors in Forter
Bessemer Venture Partners
Bessemer Venture Partners is a venture capital firm with a long history, established in 1911, and has offices across multiple global locations. They focus on investing in companies across various stages and sectors.
March Capital Partners
March Capital is a growth-stage venture firm that specializes in investing in enterprise technology companies with established product-market fit, aiming to scale them into mission-critical global platforms. The firm targets large market opportunities and focuses on creating category leaders.
New Enterprise Associates
Established in 1977 and headquartered in Menlo Park, California, New Enterprise Associates (NEA) is a venture capital firm focused on helping entrepreneurs build businesses across various technology sectors.
What's next for Forter?
With its latest major strategic investment, Forter is poised for accelerated expansion and innovation in the rapidly evolving landscape of digital fraud prevention. The substantial capital infusion is expected to fuel advancements in its AI and machine learning capabilities, enabling the company to stay ahead of sophisticated fraud tactics. This strategic backing will likely support Forter's efforts to broaden its market reach, deepen its partnerships with key players in the e-commerce and fintech sectors, and further develop its platform to address emerging threats in identity verification and transaction security. The company's trajectory suggests a continued focus on empowering businesses with robust tools to ensure secure and seamless digital commerce experiences.
See full Forter company page
