Forter
Valuation
$3B
2024 Revenue
$103.1M
Customers
10K
Funding
$525M
YOY
25.3%
Avg ACV
$10.3K
Team
731
Founded
2000
How Forter CEO Aaron Barfoot grew Forter to $103.1M revenue and 10K customers in 2024.
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.
Last updated
Forter Revenue
In 2024, Forter's revenue reached $103.1M. The company previously reported $82.3M in 2023. Since its launch in 2000, Forter has shown consistent revenue growth.
| Year | Milestone |
|---|---|
| 2024 | Forter Hit $103.1m revenue in October 2024 |
| 2023 | Forter Hit $82.3m revenue in November 2023 |
| 2022 | Forter Hit $63.7m revenue in November 2022 |
| 2021 | Forter Hit $51.7m revenue in November 2021 |
| 2021 | Forter Hit $51.7m revenue in May 2021 |
| 2020 | Forter Hit $36m revenue in August 2020 |
| 2000 | Launched with $0 revenue |
Forter Valuation, Funding Rounds
Forter reached a $3B valuation in 2021, set during its Series F round.
Forter has raised $525M in total funding across 6 rounds, most recently a $300M Series F round in 2021.
| Year | Round | Amount | Valuation | % Sold |
|---|---|---|---|---|
| 2021 | Series F | $300M | $3B | 10% |
| 2020 | Series E | $125M | $1.2B | 11% |
| 2018 | Series D | $50M | - | - |
| 2016 | Series C | $32M | - | - |
| 2014 | Series B | $15M | - | - |
| 2014 | Series A | $3M | - | - |
Forter Employees & Team Size
Forter employs approximately 731 people as of 2026, up from 677 in 2024.
Forter has 731 total employees in different roles and functions and 68 sales reps that carry a quota. They have 10K customers that rely on the company's solutions.
| Year | Milestone |
|---|---|
| 2025 | Reached 731 employees (November 2025) |
| 2025 | Reached 775 employees (August 2025) |
| 2024 | Reached 677 employees (September 2024) |
| 2023 | Reached 610 employees (November 2023) |
| 2023 | Reached 610 employees (September 2023) |
| 2023 | Reached 610 employees (September 2023) |
| 2023 | Reached 610 employees (September 2023) |
| 2023 | Reached 635 employees (July 2023) |
| 2023 | Reached 610 employees (January 2023) |
| 2022 | Reached 492 employees (November 2022) |
| 2022 | Reached 492 employees (March 2022) |
| 2022 | Reached 598 employees (January 2022) |
| 2021 | Reached 399 employees (November 2021) |
| 2021 | Reached 399 employees (August 2021) |
| 2020 | Reached 290 employees (December 2020) |
| 2020 | Reached 290 employees (November 2020) |
| 2020 | Reached 201 employees (August 2020) |
| 2020 | Reached 250 employees (June 2020) |
| 2019 | Reached 218 employees (December 2019) |
| 2018 | Reached 138 employees (December 2018) |
Founder / CEO
Aaron Barfoot
Experienced Chief Financial Officer with a demonstrated history of working in the computer software industry. Skilled in Business Planning Management Financial Analysis Finance and Financial Planning. Strong finance professional with a Bachelors of Science focused in Economics from Baylor University.
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
See how Forter acquires and retains customers with data on acquisition costs and revenue performance. Log in to access the complete customer economics dashboard.
LockedFrequently Asked Questions about Forter
What is Forter's revenue?
Forter generates $103.1M in revenue.
Who founded Forter?
Forter was founded by Alon Shemesh.
Who is the CEO of Forter?
The CEO of Forter is Aaron Barfoot.
How much funding does Forter have?
Forter raised $525M.
How many employees does Forter have?
Forter has 731 employees.
Where is Forter headquarters?
Forter is headquartered in New York, New York, United States.
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Compare Forter to the industry
Forter operates across multiple industries. Browse revenue, funding, and growth data for Forter in each sector below.
Source Attribution
Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.
Company data last updated .