• FOUNDING YEAR: 2013
    LOCATION:
    United States
    REGION:
    New York
    Last Update:
    9 Sep, 2019

Description

FOCUS

PRODUCTS & SERVICES:
Forter's security product is a SaaS-based, fully automated, real-time decision-as-a-service fraud prevention solution. The system is based on a combination of verification including publicly available information and social networks, and deeper data aggregation technologies.
MAIN CLIENTS:
Kiwi.com, Fiverr, James Allen, Delivery.com, Letha Performance, Other World Computing, Forrester, and Jomashop.
EXISTING PARTNERSHIPS:
Away, Nordstrom, Priceline, MattressFirm, Living Spaces, MM. Lafleur, and Fiverr.

PEOPLE

FOUNDERS:
Michael Reitblat, Alon Shemesh, Liron Damri
NUMBER OF EMPLOYEES:
51-200
INVESTORS:
Sequoia Capital, Scale Venture Partners, March Capital

TRACTION

REVENUE COMMENT:
Viewable by subscribers only
TRANSACTIONS COMMENT:
The platform has processes online transactions value of $100 billion annually. Additionally, the company has verified over 180 million US shoppers purchase transactions. (Feb. 2019)
ACTIVE USERS COMMENT:
In 2018, the company tripled its customers base and currently has 100 retailers.

MOMENTUM

FUNDED:
YES
TOTAL FUNDING:
$100 Million
DATE OF LAST FUNDING:
Sep 2018
FUNDING SERIES:
SERIES A
$3 Millions Closed: Mar 2014
SERIES B
$15 Million Closed: Nov 2014
SERIES C
$32 Millions Closed: Apr 2016
SERIES D
$50 Millions Closed: Sep 2018
LISTED:
NO

LATEST RESEARCH