Forterra Overview
- Year Founded
-
2002
- Status
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Private
- Employees
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550
- Latest Deal Type
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Series C
- Latest Deal Amount
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$238M
- Investors
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31
Forterra General Information
Description
Developer of autonomous mobility and coordination platforms designed to support mission-aware military operations in contested environments. The company offers distributed autonomy, mobility, compute, and communications capabilities for coordinating weapons, sensors, and operators, enabling defense organizations and industrial users to extend operational reach, improve survivability, and enhance mission effectiveness.
Contact Information
Website
www.forterra.comCorporate Office
- 22521 Gateway Center Drive
- Clarksburg, MD 20871
- United States
Corporate Office
- 22521 Gateway Center Drive
- Clarksburg, MD 20871
- United States
Forterra Timeline
Forterra Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 8. Later Stage VC (Series C) | 12-Nov-2025 | $238M | Completed | Generating Revenue | ||
| 7. Later Stage VC (Series B) | 10-Sep-2024 | Completed | Generating Revenue | |||
| 6. Debt - General | 29-Jan-2024 | Completed | Generating Revenue | |||
| 5. Later Stage VC (Series A) | 01-Apr-2022 | Completed | Generating Revenue | |||
| 4. Grant | 08-Sep-2020 | Completed | Generating Revenue | |||
| 3. Debt - PPP | 10-Apr-2020 | Completed | Generating Revenue | |||
| 2. Grant | 31-Dec-2017 | $490K | Completed | Generating Revenue | ||
| 1. Grant | 01-Jan-2017 | $17.7M | Completed | Generating Revenue |
VC Exit Predictor
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Forterra Comparisons
Industry
Financing
Details
Forterra Competitors (3)
One of Forterra’s 3 competitors is Applied Intuition, a Venture Capital-Backed company based in Sunnyvale, CA.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Applied Intuition | Venture Capital-Backed | Sunnyvale, CA | ||||
| Overland AI | Venture Capital-Backed | Seattle, WA | ||||
| Kodiak AI | Formerly VC-backed | Mountain View, CA |
Forterra Patents
Forterra Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-20250247512-A1 | Stereo camera with frameless image sensing | Pending | 26-Jan-2024 | ||
| US-20250180729-A1 | Systems and methods for doppler ground speed sensing | Pending | 05-Dec-2023 | ||
| US-20250162160-A1 | Autonomous gladhand with light assist gladhand positioning | Pending | 17-Nov-2023 | ||
| US-20250162364-A1 | Gladhand coupling with pressure sensing module | Pending | 17-Nov-2023 | ||
| US-20250135648-A1 | Autonomous gladhand coupling systems, devices, and methods | Pending | 01-Nov-2023 | B25J15/0491 |
Forterra Signals
Forterra Investors (31)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| 645 Ventures | Venture Capital | Minority | ||
| 9Yards Capital Management | Growth/Expansion | Minority | ||
| Balyasny Asset Management | Hedge Fund | Minority | ||
| BAM Elevate | Growth/Expansion | Minority | ||
| Collaborative Fund | Venture Capital | Minority |
Forterra Investments & Acquisitions (2)
Forterra’s most recent deal was a Merger/Acquisition with goTenna. The deal was made on 15-Aug-2025.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| goTenna | 15-Aug-2025 | Merger/Acquisition | Wireless Communications Equipment | ||
| Driver Assistance And Self-Driving Vehicle Technologies (Gillig / Robotic Research) | 27-Jan-2022 | Joint Venture | Other Transportation |
Forterra Affiliates
Subsidiaries (1)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| goTenna | Jersey City, NJ | 2013 |
Forterra FAQs
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When was Forterra founded?
Forterra was founded in 2002.
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Where is Forterra headquartered?
Forterra is headquartered in Clarksburg, MD.
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What is the size of Forterra?
Forterra has 550 total employees.
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What industry is Forterra in?
Forterra’s primary industry is Aerospace and Defense.
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Is Forterra a private or public company?
Forterra is a Private company.
-
What is the current valuation of Forterra?
The current valuation of Forterra is .
-
What is Forterra’s current revenue?
The current revenue for Forterra is .
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How much funding has Forterra raised over time?
Forterra has raised $556M.
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Who are Forterra’s investors?
645 Ventures, 9Yards Capital Management, Balyasny Asset Management, BAM Elevate, and Collaborative Fund are 5 of 31 investors who have invested in Forterra.
-
Who are Forterra’s competitors?
Applied Intuition, Overland AI, and Kodiak AI are competitors of Forterra.
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