Fortem Technologies Overview

  • Year Founded
  • 2016

Year Founded

  • Status
  • Private

  • Employees
  • 121

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 assist 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

Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 1064 South North County Boulevard
  • Pleasant Grove, UT 84062
  • United States
+1 (385)
Primary Industry
Aerospace and Defense
Other Industries
Other Hardware
Business/Productivity Software
Vertical(s)
Big Data, Mobility Tech, Robotics and Drones, Artificial Intelligence & Machine Learning
Corporate Office
  • 1064 South North County Boulevard
  • Pleasant Grove, UT 84062
  • United States
+1 (385)

Fortem Technologies Timeline

2021202220232024
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
7. Later Stage VC 21-Feb-2023 $17.8M Completed Generating Revenue
6. Later Stage VC 23-Mar-2021 Completed Generating Revenue
5. Debt - PPP 15-Apr-2020 Completed Generating Revenue
4. Early Stage VC (Series A1) 13-Jun-2019 Completed Generating Revenue
3. Grant 20-Jun-2018 Completed Generating Revenue
2. Early Stage VC (Series A) 29-Mar-2018 $16.4M $21.9M Completed Generating Revenue
1. Seed Round 06-May-2017 $5.5M $5.5M 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
Series A-1
Series A
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 assist in airspace security an
Aerospace and Defense
Pleasant Grove, UT
121 As of 2024

Sterling, VA
 

San Mateo, CA
 
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Fortem Technologies Competitors (8)

One of Fortem Technologies’s 8 competitors is Dedrone, a Formerly VC-backed company based in Sterling, VA.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Dedrone Formerly VC-backed Sterling, VA
Skydio Venture Capital-Backed San Mateo, CA
Propeller (Business/Productivity Software) Venture Capital-Backed Surry Hills, Australia
Flyability Venture Capital-Backed Paudex, Switzerland
DreamHammer Venture Capital-Backed Dallas, TX
You’re viewing 5 of 8 competitors. Get the full list »

Fortem Technologies Patents

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
US-11527825-B2 System and method for a multi-channel antenna system Active 23-Jul-2019
US-20210028542-A1 System and method for a multi-channel antenna system Active 23-Jul-2019
US-20230137080-A1 System and method for a multi-channel antenna system Active 23-Jul-2019
US-12080954-B2 System and method for a multi-channel antenna system Active 23-Jul-2019 H01Q3/38
To view Fortem Technologies’s complete patent history, request access »

Fortem Technologies Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Fortem Technologies Investors (13)

Investor Name Investor Type Holding Investor Since Participating Rounds
AIM13 CV Partners Venture Capital Minority
Alternative Investment Management Family Office
Crumpton Ventures Venture Capital Minority
Hanwha Aerospace Company Corporation
Lockheed Martin Ventures Corporate Venture Capital
You’re viewing 5 of 13 investors. Get the full list »

Fortem Technologies FAQs

  • When was Fortem Technologies founded?

    Fortem Technologies was founded in 2016.

  • Where is Fortem Technologies headquartered?

    Fortem Technologies is headquartered in Pleasant Grove, UT.

  • What is the size of Fortem Technologies?

    Fortem Technologies has 121 total employees.

  • What industry is Fortem Technologies in?

    Fortem Technologies’s primary industry is Aerospace and Defense.

  • Is Fortem Technologies a private or public company?

    Fortem Technologies is a Private company.

  • What is Fortem Technologies’s current revenue?

    The current revenue for Fortem Technologies is .

  • How much funding has Fortem Technologies raised over time?

    Fortem Technologies has raised $69.2M.

  • Who are Fortem Technologies’s investors?

    AIM13 CV Partners, Alternative Investment Management, Crumpton Ventures, Hanwha Aerospace Company, and Lockheed Martin Ventures are 5 of 13 investors who have invested in Fortem Technologies.

  • Who are Fortem Technologies’s competitors?

    Dedrone, Skydio, Propeller (Business/Productivity Software), Flyability, and DreamHammer are some of the 8 competitors of Fortem Technologies.

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