Business Overview
Active
2013
611
$525M
Series F
6
15
2.5 years
Forter is the Trust Platform for digital commerce. With Forter, enterprises generate more revenue and reduce losses to fraud and abuse by making accurate and real-time decisions about every digital interaction.
Forter was founded on the insight that it’s not about what is being purchased, nor where, but who is behind the interaction. As a result, Forter continues to expand its global customer network— processing more than $250 billion in gross merchandise value per year. As the company grows, its customers benefit further; a fraudster detected by one customer is instantly recognizable to all Forter customers. Only automation can facilitate the speed, scale, and accuracy needed to approve more transactions, block more fraud attempts, and deliver better customer experiences.
Forter is entrusted by digital commerce leaders across industries, including Nordstrom, Sephora, Instacart, Adobe, Priceline, and more. These businesses are committed to ensuring that everyone who visits their sites gets the experience they deserve.
Employee Count
-4.8%
7.9%
16.4%
Employee counts updated on a monthly basis.
Lists
News
January 19, 2023 |
Stock Chart
Founders (3)
| Name | Position | Military | Classification | Contact |
|---|---|---|---|---|
hiddenAlon Shemesh | Chief Analyst | 8200 | AI Expert, Serial Entrepreneur | |
hiddenLiron Damri | COO | 8200 | ||
hiddenMichael Reitblat | CEO | 8200 |
Board and Advisors (0)
Revenues (2)
| Date | Metric | Amount |
|---|---|---|
| 2020 | ARR | $100M |
| 2021 | ARR | $200M |
Funding Rounds (6)
$525M
| Round | Date | Capital Raised | Valuation | Investors |
|---|---|---|---|---|
| May 2021 | hidden$300M | $3B | 8 | |
| November 2020 | hidden$125M | $1.3B | 8 | |
| August 2018 | hidden$50M | 5 | ||
| March 2016 | hidden$32M | 5 | ||
| October 2014 | hidden$15M | 3 | ||
| February 2014 | hidden$3M | 1 |
M&A Events (0)
Investors (15)
| Investor | Investor Type | Location |
|---|---|---|
| Private Equity | United States | |
| Investment Firm | United States | |
| Venture Capital | United States | |
| Venture Capital | United States | |
| Venture Capital | United States | |
| Venture Capital | United States | |
| Corporate Venture Capital | United States | |
| Hedge Fund | United States | |
| Venture Capital | United States | |
| Venture Capital | United States | |
| Venture Capital | Singapore | |
| Venture Capital | United Kingdom | |
| Angel | Israel | |
| Venture Capital | United States | |
| Venture Capital | United States |
Patents (0)
Research Publications (0)
Certifications (0)
AI Technology Stack
11
Forter’s machine learning technology combines advanced cyber intelligence with behavioral and identity analysis to create a multi-layered fraud detection mechanism that learns from every transaction, tailoring itself swiftly to a particular merchant’s risk profile.
