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FORTO
Forto
Digital freight forwarding / logistics technology · Berlin · Germany · Founded · 2016 · ≈ · 489 · employees

Forto Funding — Last Valued at $1.2B

Private

Forto has raised $290M across 1 funding round, plus 1 undated round. The latest round valued Forto at $1.2B post-money, with SoftBank Vision Fund 2 on the lead line.

ProfileValuationFundingCompetitorsStock & IPOHow to invest
Forto funding · at a glance
Total raised, all rounds
$290M
sum of disclosed sizes
Funding rounds
1
plus 1 undated round
Latest round
$1.2B
post-money · Jun 2021
Lead on that event
SoftBank Vision Fund 2
With new investors Citi Ventures and G Squared, and existing investors Northzone, Cherry Ventures and Unbound. Valuation close to $1.2 billion after $360M raised cumulatively; a previous round in late 2020 raised $50M.
2021
About Forto

Forto raised $240 million in a growth round led by SoftBank Vision Fund 2 in 2021, pushing its valuation to $1.2 billion, and announced a further $250 million investment in 2022 to fund international expansion and broaden its product offering.

Funding timeline

The Forto funding timeline

1 funding round, the latest highlighted.

2016
Forto founded

Forto was founded in 2016, Germany.

UNDATED
Prior round

No date is disclosed for this round.

JUN 2021LATEST
Growth round (unnamed) at $1.2B post-money

With new investors Citi Ventures and G Squared, and existing investors Northzone, Cherry Ventures and Unbound. Valuation close to $1.2 billion after $360M raised cumulatively; a previous round in late 2020 raised $50M.. $240M raised, led by SoftBank Vision Fund 2.

Valuation basispost-moneyAmount$240MPrice / shareLeadSoftBank Vision Fund 2
IPO: NOT ANNOUNCED

No filing has been made.

Funding rounds

Forto funding rounds in full

1 dated round, newest first.

Round
Date
Amount
Valuation
Price / share
Lead investors
Participation
Growth round (unnamed) LATEST
Jun 2021
$240M
$1.2Bpost-money
—
SoftBank Vision Fund 2
With new investors Citi Ventures and G Squared, and existing investors Northzone, Cherry Ventures and Unbound. Valuation close to $1.2 billion after $360M raised cumulatively; a previous round in late 2020 raised $50M.
Prior round
—
$50M
—
—
—
Raised $50 million in late 2020.
Forto · investors

Investors

SSoftBank Vision Fund 2LEADCCiti VenturesGG SquaredNorthzoneCCherry VenturesUUnbound

Frequently asked questions

Who are Forto's competitors?›

The closest digital freight forwarding / logistics technology peers are on the competitors page.

How can I get exposure to Forto?›

The routes section explains what is realistically available for a company at this stage.

Is Forto publicly traded?›

No. Forto is a private company; its shares do not trade on a public exchange.

What is Forto's valuation?›

The last valuation is $1.2B.

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