Forter revenue hit $82.3M in 2024

Forter generates revenue from 10000 customers

Forter

575 Fifth Ave, New York, New York, United States

About Company RevenueFundingTeamFounder/CEOCustomersCEO Net Worth

How Forter hit $82.3M revenue and 10K customers in 2023.

Forter is a fraud prevention and protection company that provides a real-time, end-to-end fraud prevention platform for e-commerce businesses. Forter was founded in 2013 and is headquartered in New York City, with additional offices in Tel Aviv, London, and Paris. The company's platform uses artificial intelligence and machine learning algorithms to analyze and detect fraudulent activity across various stages of the customer journey, from account creation to checkout. Forter's technology is designed to reduce false positives and improve the customer experience by providing a seamless and frictionless checkout process while preventing fraud in real-time. The company has received multiple awards and recognition for its innovative fraud prevention solutions.

Founded

2000

Founded

Revenue

$82.3M

2023 Revenue

YOY

29.2%

YOY

Funding

$525.1M

Funding

Forter Revenue

In 2023, Forter revenue run rate hit $82.3M in revenue.

  • 2023

    Forter hit $82.3M in revenue in 2023

  • 2022

    Forter hit $63.7M in revenue in 2022

  • 2021

    Forter hit $51.7M in revenue in 2021

  • 2021

    Forter hit $51.7M in revenue in 2021

  • 2020

    Forter hit $36M in revenue in 2020

  • 2000

    Forter launched in 2000 with $0 revenue

Forter Funding History

  • 2022 Funding Round

    Forter raised a Funding Round of in March, 2022

  • 2021 Series F

    Forter raised a Series F of in May, 2021

  • 2020 Series E

    Forter raised a Series E of in November, 2020

  • 2020 M&A Offer

    Forter raised a M&A Offer of in August, 2020

  • 2018 Series D

    Forter raised a Series D of in September, 2018

  • 2016 Series C

    Forter raised a Series C of in August, 2016

  • 2014 Series B

    Forter raised a Series B of in November, 2014

  • 2014 Series A

    Forter raised a Series A of in March, 2014

FUNDING DATE ROUND AMOUNT VALUATION
March, 09 2022 Funding Round
May, 21 2021 Series F
November, 19 2020 Series E
August, 27 2020 M&A Offer
September, 26 2018 Series D
August, 21 2016 Series C
November, 11 2014 Series B
March, 24 2014 Series A

Team

Forter has 610 total employees and 68 sales reps that carry a quota. They have 10,000 customers an engineering team of 121 and a marketing team of 24.

DISTRIBUTION QTY
Total team size 610
Engineer 121 (20%)
Sales 68 (11%)
Marketing 24 (4%)

Founder / CEO

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

Churn

Forter Executives

Name Position Working Email Personal Email
Michael Reitblat Chief Executive Officer, Co-Founder [email protected] [email protected]

Forter Employees

Name Position Working Email Personal Email
Michael Reitblat Chief Executive Officer, Co-Founder [email protected] [email protected]
Lincoln Dundas Customer Success Manager [email protected] -
Angela Whiteford Chief Marketing Officer [email protected] [email protected]
Marcus Holm Chief Revenue Officer [email protected] [email protected]
Vladimir Lobak Lead Fullstack Developer at Forter [email protected] [email protected]
Alon Shemesh Co-Founder, Chief Analyst [email protected] [email protected]
Aaron Barfoot Chief Financial Officer [email protected] [email protected]
David Coates Director Customer Marketing [email protected] [email protected]
Aaquil Rowe Business Development Representative [email protected] -
Ata Gokyildirim Vice President [email protected] -
Lani Lamster People Partner [email protected] -
Iftah Gideoni Chief Technology Officer [email protected] [email protected]
Philippe Suchet Investor - [email protected]

Forter Board of Directors

Name Position Working Email Personal Email
Shmil Levy Board Director - -
Alexander Niehenke Board Observer - [email protected]
Jamie Montgomery Member Board of Directors - [email protected]
Rory O'Driscoll Board Member - [email protected]
Thomas Hansen Member Board Of Directors - [email protected]

Frequently Asked Questions about Forter

  • When was Forter founded?

    Forter was founded in 2000.

  • How much revenue does Forter generate?

    Forter generates $82.3M in revenue.

  • Who is the CEO of Forter

    The CEO of Forter is Michael Reitblat.

  • How much funding does Forter have?

    Forter raised $525.1M.

  • How many employees does Forter have?

    Forter has 610 employees.

  • Where is Forter headquarters?

    Forter is headquartered at 575 Fifth Ave, New York, New York, United States

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