Forto
Forto raises $240M Series D at $1.2B valuation
Quick Facts
Forto: Series D Funding Round
Forto has successfully raised $240M in Series D funding, reaching a valuation of $1.2B.
Company Overview
Digital freight forwarding
Funding Details
The Series D round was led by Inven Capital, with participation from Vorwerk Ventures, Cherry Ventures, Northzone, Cavalry Ventures, Partech, Tengelmann Ventures.
Company Information
- Headquarters: Stralauer Platz 33-34, Berlin 10243, Germany
- Founded: 2016
- Employees: 800+
- Category: Logistics
Investment
Forto plans to use the funds to accelerate product development, expand its team, and scale operations globally.
About the Investors
- Inven Capital: Verified investor in Series D
- Vorwerk Ventures: Verified investor in Series D
- Cherry Ventures: Verified investor in Series D
- Northzone: Verified investor in Series D
- Cavalry Ventures: Verified investor in Series D
- Partech: Verified investor in Series D
- Tengelmann Ventures: Verified investor in Series D
Key Investors
About the Author
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