Forto Overview

  • Year Founded
  • 2016

Year Founded

  • Status
  • Private

  • Employees
  • 673

Employees

  • Latest Deal Type
  • M&A
  • (Upcoming)

  • Investors
  • 31

Forto General Information

Description

Developer of a digital freight forwarder and shipping management platform designed to manage logistics. The company's 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
Corporate Office
  • Schönhauser Allee 9
  • 10119 Berlin
  • Germany
+49 030
Primary Industry
Business/Productivity Software
Other Industries
Logistics
Vertical(s)
SaaS, Supply Chain Tech, TMT
Corporate Office
  • Schönhauser Allee 9
  • 10119 Berlin
  • Germany
+49 030

Forto Timeline

2022202320242025
Financing RoundCaptured Employee CountEstimated Employee Growth

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Forto Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
9. Merger/Acquisition Upcoming Generating Revenue
8. Later Stage VC (Series D) 21-Apr-2022 Completed Generating Revenue
7. Later Stage VC (Series C) 14-Jun-2021 Completed Generating Revenue
6. Debt - General 29-Jun-2020 Completed Generating Revenue
5. Accelerator/Incubator 13-May-2020 Completed Generating Revenue
4. Early Stage VC (Series B1) 27-Apr-2020 Completed Generating Revenue
3. Early Stage VC (Series B) 02-May-2019 Completed Generating Revenue
2. Early Stage VC (Series A) 13-Dec-2017 $20M $23.4M 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 »

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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 pl
Business/Productivity Software
Berlin, Germany
673 As of 2024

Los Angeles, CA
 

New York, NY
 
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Forto Competitors (32)

One of Forto’s 32 competitors is Shippabo, a Venture Capital-Backed company based in Los Angeles, CA.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Shippabo Venture Capital-Backed Los Angeles, CA
Transfix Venture Capital-Backed New York, NY
Everstox Venture Capital-Backed Munich, Germany
Flexport Venture Capital-Backed San Francisco, CA
Riege Software Corporation Meerbusch, Germany
You’re viewing 5 of 32 competitors. Get the full list »

Forto Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

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Forto Investors (31)

Investor Name Investor Type Holding Investor Since Participating Rounds
another.vc Venture Capital Minority
Disruptive Venture Capital Minority
Invested. Venture Capital Minority
Manhattan Venture Partners Secondary Buyer Minority
Russmedia Equity Partners PE/Buyout Majority
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Forto Affiliates

Subsidiaries (1)

Name Industry Location Year Founded
Forto Dk Koebenhavn K, Denmark 2021

Forto FAQs

  • When was Forto founded?

    Forto was founded in 2016.

  • Where is Forto headquartered?

    Forto is headquartered in Berlin, Germany.

  • What is the size of Forto?

    Forto has 673 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 Forto’s current revenue?

    The current revenue for Forto is .

  • 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 31 investors who have invested in Forto.

  • Who are Forto’s competitors?

    Shippabo, Transfix, Everstox, Flexport, and Riege Software are some of the 32 competitors of Forto.

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