Sign inLaunch App
BTC——·ETH——·GOLD——·NVDA——·SPCX——·SP500——·CC——·BTC——·ETH——·GOLD——·NVDA——·SPCX——·SP500——·CC——·
Company pair · E-commerce
VS

AppDirect vs Forter

E-commerce Both private US-headquartered No Canborsa market

AppDirect vs Forter: two of the better-known names in ecommerce, compared side by side.

On this pageSide by sideValuation marksWhat each disclosesVerdictFAQ
AppDirectPRIVATE · US
ForterPRIVATE · US
VS
Last valuation$1.5B$3B
Basis Basis undisclosed Post-money
As ofOct 2015May 2021
Founded20092013
Employees≈1,000≈715
On CanborsaNo marketNo market
At a glance
$1.5B
AppDirectSeries E · Oct 2015
$3B
ForterPost-money, Series F · May 2021
A valuation basis is undisclosed — no ratio is scored
Gap
0 of 2
On CanborsaNeither company has a market
VS
Head-to-head · field by field

AppDirect vs Forter — side by side

Field
AppDirectPRIVATE · FOUNDED 2009
ForterPRIVATE · FOUNDED 2013
VS
Last valuation
$1.5B Basis undisclosed
$3B Post-money
Valuation date
1 Oct 2015
24 May 2021
Latest round
Series E
Series F
Round size
$140M
$300M
Round lead
J.P. Morgan
Tiger Global Management
Named investors
Stingray Group
Sequoia Capital Scale Venture Partners New Enterprise Associates March Capital Partners
Founded
2009
2013
Employees (est.)
≈1,000
≈715
Sector & HQ
Subscription commerce / B2B software marketplace platform · 🇺🇸 US
Online fraud prevention / e-commerce trust platform · 🇺🇸 US
Status & market
Private — no Canborsa market
Private — no Canborsa market
Valuation · both companies on one scale

Valuation marks

Each bar is the last disclosed mark — $1.5B for AppDirect (basis undisclosed, Oct 2015) and $3B for Forter (post-money, May 2021).

AppDirect
$1.5Bbasis undisclosed · Oct 2015
Forter
$3BPost-money · May 2021
APPDIRECT · $1.5B · OCT 2015FORTER · $3B · MAY 2021
AppDirect vs Forter · what each company discloses

What each company discloses, and what it leaves out

AppDirectPRIVATEE-commerce · US · 2009
+Last disclosed mark $1.5B — basis undisclosed, Oct 2015.
+Founded 2009 .
+≈1,000 employees.
+Latest round: Series E, $140M raised, led by J.P. Morgan.
+
ForterPRIVATEE-commerce · US · 2013
+Last disclosed mark $3B — post-money, May 2021.
+Founded 2013 .
+≈715 employees.
+Latest round: Series F, $300M raised, led by Tiger Global Management.
Verdict

Verdict

The $1.5B tells you…
The $3B tells you…
What an investor paid for newly issued shares — a primary round, priced post-money.
How much capital arrived with it:$300M, led by Tiger Global Management in May 2021.
A dated print: it moves only when a newer round is announced.

At least one valuation basis is undisclosed, so the two numbers stay side by side, each with its own chip, and no ratio is scored. Both are private: there is no public quote and no Canborsa market on either name.

Frequently asked questions

What sector is AppDirect in compared to Forter?›

AppDirect operates in Subscription commerce / B2B software marketplace platform, and Forter operates in Online fraud prevention / e-commerce trust platform.

Which is worth more, AppDirect or Forter?›

AppDirect is valued at $1.5B, and Forter at $3B.

What was the most recent funding round for AppDirect and Forter?›

AppDirect's most recent round was Series E, raising $140M in October 2015; Forter's was Series F, raising $300M in May 2021.

Who are the lead investors in AppDirect and Forter?›

J.P. Morgan led the round for AppDirect; Tiger Global Management led for Forter.

Where are AppDirect and Forter based?›

AppDirect is based in San Francisco, California, and Forter is based in New York, New York.

Same pillar · company pairs

Neighbouring pairs in this sector

AppDirect vs Incredible Healthcompany pair · ecommerce›
$1.6Btop valuation1.1×gap
AppDirect vs ezCatercompany pair · ecommerce›
$1.6Btop valuation1.1×gap
AppDirect vs Quincecompany pair · ecommerce›
$4.5Btop valuation3.0×gap
AppDirect vs Cart.comcompany pair · ecommerce›
$1.6Btop valuation1.1×gap
Bluecore vs Incredible Healthcompany pair · ecommerce›
$1.6Btop valuation1.6×gap
Andela vs AppDirectcompany pair · ecommerce›
$1.5Btop valuation1.0×gap
Carousell vs Purpllecompany pair · ecommerce›
$1.1Btop valuation1.0×gap
Andela vs Back Marketcompany pair · ecommerce›
$5.7Btop valuation3.8×gap
Keep exploring
More pairs in E-commerce
AppDirect vs StockXcompare · versus›AppDirect vs Bluecorecompare · versus›AppDirect vs Thumbtackcompare · versus›Ankorstore vs Miraklcompare · versus›All company comparisonsindex›
Learn
Stock perps vs tokenized stocksconcept›RWA perpetualsmarkets · index›Perpetuals vs futuresconcept›What is a perpetual?guide · perpetuals basics›All Learn guideslearn · index›
Listed on Canborsa
SpaceX (SPCX)US equity · perp›Cerebras Systems (CBRS)US equity · perp›NVIDIA (NVDA)US equity · perp›Microsoft (MSFT)US equity · perp›All 86 marketsindex›
Company pair · E-commerce

Trade 86 markets on Canborsa

© Canborsa 2026TermsPrivacy