Fortem Technologies Overview

  • Founded
  • 2016
Founded
  • Status
  • Private
  • Employees
  • 87
Employees
  • Latest Deal Type
  • Series A2
  • Latest Deal Amount
  • $15M
Latest Deal Amount
  • Investors
  • 8

Fortem Technologies General Information

Description

Developer of an AI-enabled drone object-detection system designed to provide assistance in airspace security and safety. The company's security system provides a solid foundation of networkable and configurable radar with powerful AI-driven software that makes deep integration with other security systems and sensors possible, enabling client to protect corridors, venues, infrastructure, borders and regions from the ground up, maximizing situational awareness and unlocking the potential of the surrounding airspace.

Contact Information

Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Aerospace and Defense
Primary Office
  • 1064 South, North County Boulevard, 6th Floor
  • Pleasant Grove, UT 84062
  • United States
+1 (385) 000-0000

Fortem Technologies Timeline

2018201920202021
Financing RoundCaptured Employee CountEstimated Employee Growth
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Fortem Technologies Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
6. Early Stage VC (Series A2) 16-Mar-2021 $15M 000.00 00000 Completed Generating Revenue
5. Debt - PPP 15-Apr-2020 00.000 000.00 Completed Generating Revenue
4. Early Stage VC (Series A1) 13-Jun-2019 000.00 000.00 000.00 Completed Generating Revenue
3. Grant 20-Jun-2018 00.000 000.00 Completed Generating Revenue
2. Early Stage VC (Series A) 29-Mar-2018 $16.4M $21.9M 000.00 Completed Generating Revenue
1. Seed Round 06-May-2017 $5.5M $5.5M 000.00 Completed Generating Revenue
To view Fortem Technologies’s complete valuation and funding history, request access »

Fortem Technologies Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion Price % Owned
Series A-2 0,000,000 00.000000 00.00 00.00 00.00 00 00.00 00.000
Series A-1 00,000,000 00.000000 00.0 00.00 00.00 00 00.00 00.000
Series A 00,000,000 00.000000 00.00 00.00 00.00 00 00.00 00.000
Seed 13,540,783 $0.000100 $0.03 $0.37 $0.37 1x $0.37 18.32%
Series FP 2,125,000 $0.000100 $0.1 $0.1 1x $0.1 2.88%
To view Fortem Technologies’s complete cap table history, request access »

Fortem Technologies Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last Financing Details
Developer of an AI-enabled drone object-detection system designed to provide assistance in airspace security and safety.
Aerospace and Defense
Pleasant Grove, UT
87 As of 2021
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00000000000 000.00

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000000000 000 0000000
Boise, ID
00 As of 0000
000000000 -

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000000000 000 0000000
Hod Hasharon, Israel
000 As of 0000
0000 0000-00-00
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Fortem Technologies Competitors (4)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Black Sage Technologies Private Equity-Backed Boise, ID 00 000000000 -
0000000 Private Equity-Backed Hod Hasharon, Israel 000 000000000000
000000 000000 000 Private Equity-Backed Albuquerque, NM 00 00.00 000000000000 00.00
000000 Venture Capital-Backed Redwood City, CA 000 00000 00000000000 00000
To view Fortem Technologies’s complete competitors history, request access »

Fortem Technologies Executive Team (9)

Name Title Board Seat Contact Info
Timothy Bean Co-Founder, Chief Executive Officer & Board Member
Mark Webb Chief Financial Officer
Adam Robertson Co-Founder, Chief Technology Officer & Board Member
Mike Mostow Chief Revenue Officer
R. Dixon Speas Jr. Vice President of Operations
You’re viewing 5 of 9 executive team members. Get the full list »

Fortem Technologies Board Members (7)

Name Representing Role Since
Adam Robertson Fortem Technologies Co-Founder, Chief Technology Officer & Board Member 000 0000
Edward Cluss Jr. Signia Venture Partners Board Member 000 0000
Ibrahim Ajami Mubadala Capital-Ventures Board Member 000 0000
James Hardiman DCVC Board Observer 000 0000
Matthew Ocko DCVC Board Member 000 0000
You’re viewing 5 of 7 board members. Get the full list »

Fortem Technologies Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %ile
-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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Fortem Technologies Investors (8)

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
Toshiba (Japan) PE-Backed Company Minority 000 0000 000000 0
United States Department of Defense Government 000 0000 000000 0
Boeing HorizonX Global Ventures Corporate Venture Capital Minority 000 0000 000000 0
Manifest Investment Partners Venture Capital Minority 000 0000 000000 0
Mubadala Capital-Ventures Venture Capital Minority 000 0000 000000 0
You’re viewing 5 of 8 investors. Get the full list »