Forto Overview

  • Year Founded
  • 2016

Year Founded

  • Status
  • Private

  • Employees
  • 583

Employees

  • Latest Deal Type
  • Series D

  • Latest Deal Amount
  • $250M

  • Investors
  • 30

Forto General Information

Description

Developer of a digital freight forwarder and shipping management platform designed to manage logistics. The company's freight forwarder and digital interface platform manages all past, current and future freight shipments and helps companies keep track of missing documents, upload all necessary files and store them for future use, enabling logistic service providers to book and manage global freight shipments online without any additional costs.

Contact Information

Website
www.forto.com
Formerly Known As
FreightHub
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Business/Productivity Software
Other Industries
Logistics
Corporate Office
  • Schönhauser Allee 9
  • 10119 Berlin
  • Germany
+49 030 00000000

Forto Timeline

2021202220232024
Financing RoundCaptured Employee CountEstimated Employee Growth

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Forto Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
7. Later Stage VC (Series D) 21-Apr-2022 $250M 00000 00.00 Completed Generating Revenue
6. Later Stage VC (Series C) 14-Jun-2021 00000 00000 00.00 Completed Generating Revenue
5. Debt - General 29-Jun-2020 000.00 00000 Completed Generating Revenue
4. Early Stage VC (Series B1) 27-Apr-2020 0000 00000 00000 Completed Generating Revenue
3. Early Stage VC (Series B) 02-May-2019 0000 000.00 00000 Completed Generating Revenue
2. Early Stage VC (Series A) 13-Dec-2017 $20M $23.4M 000.00 Completed Generating Revenue
1. Seed Round 23-Sep-2016 $3.36M $3.36M Completed Startup
To view Forto’s complete valuation and funding history, request access »

Forto Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of a digital freight forwarder and shipping management platform designed to manage logistics. The company's fr
Business/Productivity Software
Berlin, Germany
583 As of 2024
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00.00 0000-00-00
00000000000 00000

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000000000
Los Angeles, CA
00 As of 0000
00.00
000000000 00.00

000000

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00000000000000000000
New York, NY
000 As of 0000
00000
00000000000 00000
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Forto Competitors (28)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Shippabo Venture Capital-Backed Los Angeles, CA 00 00.00 000000000 00.00
Transfix Venture Capital-Backed New York, NY 000 00000 00000000000 00000
Flexport Venture Capital-Backed San Francisco, CA 0000 00.000 0000000000 0 00.000
Riege Software Corporation Meerbusch, Germany 00
Zencargo Venture Capital-Backed London, United Kingdom 000 000.00 000000000 000.00
You’re viewing 5 of 28 competitors. Get the full list »

Forto Executive Team (12)

Name Title Board Seat Contact Info
Michael Wax Co-Founder, Chief Executive Officer & Managing Director
Guillaume Petit-Perrin Chief Financial Officer
Michael Ardelt Chief Operating Officer & Managing Director
Erik Muttersbach Co-Founder, Managing Director & Board Member
Jochen Freese Chief Commercial Officer, Executive Vice President & Strategic Advisor
You’re viewing 5 of 12 executive team members. Get the full list »

Forto Board Members (9)

Name Representing Role Since
Christian Meermann Cherry Ventures Board Member 000 0000
Christopher North Self Strategic Advisor & Board Observer 000 0000
Erik Muttersbach Forto Co-Founder, Managing Director & Board Member 000 0000
Michiel Kotting Northzone Ventures Chairman 000 0000
Nahoko Hoshino SoftBank Investment Advisers Board Member 000 0000
You’re viewing 5 of 9 board members. Get the full list »

Forto Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Forto Investors (30)

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
another.vc Venture Capital Minority 000 0000 000000 0
Disruptive Venture Capital Minority 000 0000 000000 0
Invested. Venture Capital Minority 000 0000 000000 0
Manhattan Venture Partners Secondary Buyer Minority 000 0000 000000 0
Russmedia Equity Partners PE/Buyout Majority 000 0000 000000 0
You’re viewing 5 of 30 investors. Get the full list »

Forto Subsidiaries (1)

Company Name Industry Location Founded
Forto Dk Road Koebenhavn K, Denmark 0000
To view Forto’s complete subsidiaries history, request access »

Forto FAQs

  • When was Forto founded?

    Forto was founded in 2016.

  • Who is the founder of Forto?

    Michael Wax, Erik Muttersbach, Ferry Heilemann, and Fabian Heilemann Ph.D are the founders of Forto.

  • Who is the CEO of Forto?

    Michael Wax is the CEO of Forto.

  • Where is Forto headquartered?

    Forto is headquartered in Berlin, Germany.

  • What is the size of Forto?

    Forto has 583 total employees.

  • What industry is Forto in?

    Forto’s primary industry is Business/Productivity Software.

  • Is Forto a private or public company?

    Forto is a Private company.

  • What is the current valuation of Forto?

    The current valuation of Forto is 00.00.

  • What is Forto’s current revenue?

    The current revenue for Forto is 00000.

  • How much funding has Forto raised over time?

    Forto has raised $617M.

  • Who are Forto’s investors?

    another.vc, Disruptive, Invested., Manhattan Venture Partners, and Russmedia Equity Partners are 5 of 30 investors who have invested in Forto.

  • Who are Forto’s competitors?

    Shippabo, Transfix, Flexport, Riege Software, and Zencargo are some of the 28 competitors of Forto.

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