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Forter revenue is $51.7 million

Forter is worth $3 billion valuation

Forter team size is 492 employees


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Forter

235-Montgomery Street New York, New York, United States

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How Forter hit $51.7M Revenue with 10K customers in 2022.

Forter is a NYC-based company that delivers real-time, completely automated, fraud prevention solutions for online merchants. It creates a completely fraud-free environment for the retailers through which they have the ability to make decisions which are solely based on what is good for their business. The company’s system is designed to be consumer-centric, blocking fraud with accuracy, and at the same time enabling growth by increasing approvals and ensuring a better customer experience.

Founded

2013

Founded

Revenue

$51.7M

2022 Revenue

YOY
-----

YOY

Funding

$525M

Funding


Forter Revenue

In 2022, Forter revenue run rate hit $51.7M in revenue.

  • 2021

    Forter hit $51.7M in revenue in 2021

  • 2020

    Forter hit $36M in revenue in 2020

  • 2013

    Forter launched in 2013 with $0 revenue

44.00% ▲$36M$51.7M

Forter Funding History

Why are so many SaaS founders taking money from Founderpath.com instead of VC`s?

  • 2021 Series F

    Forter raised a Series F of $300M at a $3B valuation in May 2021

  • 2020 Series E

    Forter raised a Series E of $125M at a $1.2B valuation in November 2020

  • 2018 Series D

    Forter raised a Series D of $50M

  • 2016 Series C

    Forter raised a Series C of $32M

  • 2014 Series B

    Forter raised a Series B of $15M

  • 2014 Series A

    Forter raised a Series A of $3M

FUNDING DATEROUNDAMOUNTVALUATION
05/21/2021 Series F $300M $3B
11/19/2020 Series E $125M $1.2B
09/26/2018 Series D $50M
08/21/2016 Series C $32M
11/11/2014 Series B $15M
03/24/2014 Series A $3M

Team

Forter has 492 total employees and 87 sales reps that carry a quota. They have 10000 customers an engineering team of 85 and a marketing team of 24

201820192020202258▲15▲97▲
DISTRIBUTIONQTY
Total team size
492
Engineer
85(17%)
Sales
87(18%)
Marketing
24(5%)

CEO/Founder

Michael Reitblat

At Forter we are creating a completely fraud-free payment environment for online transactions. We believe that by removing the fear of fraud retailers will drive more sales through their websites and mobile apps and will create a significantly better buying experience to their consumers and enable anyone to transact with them with ease. Forter offers a very simple solution to the payment fraud by reviewing all the transactions and delivering 100 automated real-time frictionless yesno answers while completely covering all the fraud chargeback costs.

Q&A

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Customers

Forter has 10K customers.

Lifetime Months

-

x

Monthly ARPU

$300

=

Lifetime Dollar

-

Acquisition Cost

-

Average Annual Price

$3.6K

$0$3.6K024681012
$0$3.6K024681012

Churn

Forter has an annual churn rate of 0.00%.

-100-500%50100

Gross Annual Dollar Churn

-0.00%

Annual Dollar Expansion

0.00%

Net Revenue Retention

0.00%


About Forter

Monthly Revenue

$4.3M

-

Total Expenses

$0.0

=

Net Income

$0.0

EBIDTA Margin

0.0%

+

YOY Growth

43.50%

=

Rule of 40

44


Forter Board of Directors

NamePosition
Alexander NiehenkeBoard Observer
Jamie MontgomeryMember Board of Directors
Rory ODriscollBoard Member
Thomas HansenMember Board Of Directors

Forter Executives

NamePosition
Michael Reitblat Chief Executive OfficerCo-Founder
Angela Whiteford Chief Marketing Officer
Marcus Holm Chief Revenue Officer
Alon Shemesh Co-FounderChief Analyst
Aaron Barfoot Chief Financial Officer
Iftah Gideoni Chief Technology Officer

Forter Employees

NamePosition
Michael Reitblat Chief Executive OfficerCo-Founder
Lincoln Dundas Customer Success Manager
Angela Whiteford Chief Marketing Officer
Alexander Niehenke Board Observer
Jamie Montgomery Member Board of Directors
Marcus Holm Chief Revenue Officer
Vladimir Lobak Lead Fullstack Developer at Forter
Rory ODriscoll Board Member
Philippe Suchet Investor
Alon Shemesh Co-FounderChief Analyst
Aaron Barfoot Chief Financial Officer
David Coates Director Customer Marketing
Aaquil Rowe Business Development Representative
Ata Gokyildirim Vice President
Thomas Hansen Member Board Of Directors
Lani Lamster People Partner
Iftah Gideoni Chief Technology Officer

Frequently Asked Questions about Forter

When was Forter founded?

Forter was founded in 2013.

How much revenue does Forter generate?

Forter generates $51.7M in revenue.

Who is the CEO of Forter?

The CEO of Forter is Michael Reitblat.

How much funding does Forter have?

Forter was raised $525M.

How many employees does Forter have?

Forter has raised 492 employees.

Where is Forter headquarters?

Forter headquater is at United States