Fortem Technologies Overview

  • Year Founded
  • 2016

Year Founded

  • Status
  • Private

  • Employees
  • 132

Employees

  • Latest Deal Type
  • Later Stage VC

  • Latest Deal Amount
  • $17.8M

  • Investors
  • 13

Fortem Technologies General Information

Description

Developer of an artificial intelligence-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 clients 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

Website
www.fortemtech.com
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Aerospace and Defense
Other Industries
Business/Productivity Software
Primary Office
  • 1064 South North County Boulevard
  • Pleasant Grove, UT 84062
  • United States
+1 (385) 000-0000

Fortem Technologies Timeline

2020202120222023
Financing RoundCaptured Employee CountEstimated Employee Growth

Want detailed data on 3M+ companies?

What you see here scratches the surface

Request a free trial

Want to dig into this profile?

We’ll help you find what you need

Learn more

Fortem Technologies Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
7. Later Stage VC 21-Feb-2023 $17.8M 000.00 Completed Generating Revenue
6. Later Stage VC 23-Mar-2021 0000 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 artificial intelligence-enabled drone object-detection system designed to provide assistance in airspace
Aerospace and Defense
Pleasant Grove, UT
132 As of 2023
000.00
0000000000 0 000.00

000000

, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad
0000000000 000000000
Sterling, VA
000 As of 0000
00000
0000 0000-00-00
00000000000 00000

000000

derit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur
00000000000000000000
Raleigh, NC
00 As of 0000
00000
000000&0 00000
Add Comparison

PitchBook’s comparison feature gives you a side-by-side look at key metrics for similar companies. Personalize which data points you want to see and create visualizations instantly.

Request a free trial

Fortem Technologies Competitors (3)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Dedrone Venture Capital-Backed Sterling, VA 000 00000 00000000000 00000
0000000000000 Formerly VC-backed Raleigh, NC 00 00000 000000&0 00000
00000000 Venture Capital-Backed San Francisco, CA 00 0000 00000000000 0000
You’re viewing 3 of 3 competitors. Get the full list »

Fortem Technologies Patents

  • 36

    Total Documents Applications and Grants

  • 000

    Total Patents Families

  • 10

    Granted

  • 3

    Pending

  • 000

    Expiring in next 12 mo

Fortem Technologies Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-11531084-B1 System and method for managing heat dissipation in an antenna array Active 03-Apr-2020 000000000 0
US-11527825-B2 System and method for a multi-channel antenna system Active 23-Jul-2019 00000000 0
US-20230137080-A1 System and method for a multi-channel antenna system Pending 23-Jul-2019 00000000
US-20210028542-A1 System and method for a multi-channel antenna system Active 23-Jul-2019 0000000000
US-20230215277-A1 System and method for fusing asynchronous sensor tracks in a track fusion application Pending 28-Mar-2019 G08G5/0008
To view Fortem Technologies’s complete patent history, request access »

Fortem Technologies Executive Team (14)

Name Title Board Seat Contact Info
Jon Gruen Chief Executive Officer & Chairman
Timothy Bean Chief Operating Officer, Board Member & President
Thomas Thebes Jr. Chief Financial Officer
Adam Robertson Co-Founder, Chief Technology Officer & Board Member
Warren Brown Chief Marketing Officer
You’re viewing 5 of 14 executive team members. Get the full list »

Fortem Technologies Board Members (6)

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 Board Member 000 0000
James Hardiman DCVC Board Observer 000 0000
Jon Gruen Fortem Technologies Chief Executive Officer & Chairman 000 0000
You’re viewing 5 of 6 board members. Get the full list »

Fortem Technologies 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

PitchBook’s non-financial metrics help you gauge a company’s traction and growth using web presence and social reach.

Request a free trial

Fortem Technologies Investors (13)

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
AIM13 CV Partners Venture Capital Minority 000 0000 000000 0
Alternative Investment Management Fund of Funds Minority 000 0000 000000 0
Crumpton Ventures Venture Capital Minority 000 0000 000000 0
Hanwha Aerospace Company Corporation 000 0000 000000 0
Lockheed Martin Ventures Corporate Venture Capital 000 0000 000000 0
You’re viewing 5 of 13 investors. Get the full list »

Ready to get started?

Request a free trial