Forte valuation, funding and investors
Forte works in on-chain compliance solutions development, based in San Francisco, United States. Founded in 2018, it has about 371 employees.
- Last round
- Series B · $725M · Nov 2021
- Valuation at last round
- $3.32B · implied
- Headcount
- 350
- Grade
- D
- Founded
- 2018
Forte valuation today
VCMC values Forte at $4.4B today, with a range of $230M to $9.1B and a grade of D. The valuation starts from its last funding round, a Series B round in Nov 2021.
Valuation by date (109 rows)
Each point is what the model would have shown on that date, using only what was known then; before its first round, a company is valued as a startup because it later raised.
| Date | Valuation | Range | Predicted in 1 yr | Phase | Headcount | Trend | Grade | Winding-down probability |
|---|---|---|---|---|---|---|---|---|
| 1 Jan 2018 | $8.90M | $3.24M – $24.4M | $12.2M (+37%) | before first round | – | unknown | D | 0% |
| 1 Feb 2018 | $9.14M | $3.33M – $25.1M | $12.5M (+37%) | before first round | – | unknown | D | 0% |
| 1 Mar 2018 | $9.36M | $3.41M – $25.7M | $12.8M (+37%) | before first round | – | unknown | D | 0% |
| 1 Apr 2018 | $9.62M | $3.50M – $26.4M | $13.2M (+37%) | before first round | – | unknown | D | 0% |
| 1 May 2018 | $9.87M | $3.59M – $27.1M | $13.5M (+37%) | before first round | – | unknown | D | 0% |
| 1 Jun 2018 | $10.1M | $3.69M – $27.8M | $13.9M (+37%) | before first round | – | unknown | D | 0% |
| 1 Jul 2018 | $10.4M | $3.79M – $28.6M | $14.3M (+37%) | before first round | – | unknown | D | 0% |
| 1 Aug 2018 | $10.7M | $3.89M – $29.4M | $14.4M (+35%) | before first round | – | unknown | D | 0% |
| 1 Sep 2018 | $11.0M | $4.00M – $30.2M | $14.5M (+32%) | before first round | – | unknown | D | 0% |
| 1 Oct 2018 | $11.3M | $4.10M – $30.9M | $14.7M (+30%) | before first round | – | unknown | D | 0% |
| 1 Nov 2018 | $11.6M | $4.21M – $31.8M | $14.8M (+28%) | before first round | – | unknown | D | 0% |
| 1 Dec 2018 | $11.9M | $4.32M – $32.6M | $14.9M (+26%) | before first round | – | unknown | D | 0% |
| 1 Jan 2019 | $12.2M | $4.44M – $33.5M | $15.1M (+24%) | before first round | – | unknown | D | 0% |
| 1 Feb 2019 | $12.5M | $4.56M – $34.4M | $15.2M (+21%) | before first round | – | unknown | D | 0% |
| 1 Mar 2019 | $12.8M | $4.67M – $35.3M | $15.3M (+19%) | before first round | – | unknown | D | 0% |
| 1 Apr 2019 | $13.2M | $4.80M – $36.2M | $15.5M (+17%) | before first round | – | unknown | D | 0% |
| 1 May 2019 | $13.5M | $4.93M – $37.2M | $15.6M (+15%) | before first round | – | unknown | D | 0% |
| 1 Jun 2019 | $13.9M | $5.06M – $38.2M | $15.8M (+13%) | before first round | – | unknown | D | 0% |
| 1 Jul 2019 | $14.3M | $5.19M – $39.2M | $15.9M (+11%) | before first round | – | unknown | D | 0% |
| 1 Aug 2019 | $14.4M | $5.25M – $39.6M | $16.0M (+11%) | before first round | – | unknown | D | 0% |
| 1 Sep 2019 | $14.5M | $5.29M – $39.9M | $16.2M (+11%) | before first round | – | unknown | D | 0% |
| 1 Oct 2019 | $14.7M | $5.34M – $40.3M | $16.3M (+11%) | before first round | – | unknown | D | 0% |
| 1 Nov 2019 | $14.8M | $5.39M – $40.7M | $16.5M (+11%) | before first round | – | unknown | D | 0% |
| 1 Dec 2019 | $14.9M | $5.44M – $41.0M | $16.6M (+11%) | before first round | – | unknown | D | 0% |
| 1 Jan 2020 | $15.1M | $5.49M – $41.4M | $16.8M (+11%) | before first round | – | unknown | D | 0% |
| 1 Feb 2020 | $15.2M | $5.54M – $41.8M | $16.9M (+11%) | before first round | – | unknown | D | 0% |
| 1 Mar 2020 | $15.3M | $5.59M – $42.1M | $17.1M (+11%) | before first round | – | unknown | D | 0% |
| 1 Apr 2020 | $15.5M | $5.64M – $42.5M | $17.2M (+11%) | before first round | – | unknown | D | 0% |
| 1 May 2020 | $15.6M | $5.69M – $42.9M | $17.4M (+11%) | before first round | – | unknown | D | 0% |
| 1 Jun 2020 | $15.8M | $5.74M – $43.3M | $17.6M (+11%) | before first round | – | unknown | D | 0% |
| 1 Jul 2020 | $15.9M | $5.79M – $43.7M | $17.7M (+11%) | before first round | – | unknown | D | 0% |
| 1 Aug 2020 | $16.1M | $5.84M – $44.1M | $17.9M (+11%) | before first round | – | unknown | D | 0% |
| 1 Sep 2020 | $16.2M | $5.90M – $44.5M | $18.0M (+11%) | before first round | – | unknown | D | 0% |
| 1 Oct 2020 | $16.3M | $5.95M – $44.9M | $18.2M (+11%) | before first round | – | unknown | D | 0% |
| 1 Nov 2020 | $16.5M | $6.00M – $45.3M | $18.4M (+11%) | before first round | – | unknown | D | 0% |
| 1 Dec 2020 | $16.6M | $6.06M – $45.7M | $18.5M (+11%) | before first round | – | unknown | D | 0% |
| 1 Jan 2021 | $18.4M | $6.69M – $50.5M | $20.5M (+11%) | before first round | 28 | unknown | D | 0% |
| 1 Feb 2021 | $18.5M | $6.75M – $50.9M | $20.6M (+11%) | before first round | 28 | unknown | D | 0% |
| 1 Mar 2021 | $18.7M | $6.81M – $51.3M | $20.8M (+11%) | before first round | 28 | unknown | D | 0% |
| 1 Apr 2021 | $18.9M | $6.87M – $51.8M | $20.9M (+11%) | before first round | 28 | flat | D | 0% |
| 1 May 2021 | $19.0M | $6.93M – $52.3M | $21.1M (+11%) | before first round | 28 | flat | D | 0% |
| 21 May 2021 | $1.0B | $869M – $2.1B | $1.8B (+80%) | after a round | 28 | flat | B | 0% |
| 1 Jun 2021 | $1.0B | $869M – $2.1B | $1.8B (+77%) | after a round | 28 | flat | B | 0% |
| 1 Jul 2021 | $1.1B | $869M – $2.1B | $1.8B (+68%) | after a round | 28 | flat | B | 0% |
| 1 Aug 2021 | $1.1B | $869M – $2.1B | $1.8B (+60%) | after a round | 28 | flat | B | 0% |
| 1 Sep 2021 | $1.2B | $869M – $2.1B | $1.8B (+52%) | after a round | 28 | flat | B | 0% |
| 1 Oct 2021 | $1.2B | $869M – $2.1B | $1.8B (+45%) | after a round | 28 | flat | B | 0% |
| 1 Nov 2021 | $1.3B | $869M – $2.1B | $1.8B (+38%) | after a round | 28 | flat | B | 0% |
| 13 Nov 2021 | $3.3B | $2.3B – $7.1B | $5.0B (+50%) | after a round | 28 | flat | B | 0% |
| 1 Dec 2021 | $3.4B | $2.3B – $7.1B | $5.0B (+47%) | after a round | 28 | flat | B | 0% |
| 1 Jan 2022 | $3.5B | $2.3B – $7.1B | $5.0B (+42%) | after a round | 98 | growing | B | 0% |
| 1 Feb 2022 | $3.6B | $2.3B – $7.1B | $5.0B (+37%) | after a round | 98 | growing | B | 0% |
| 1 Mar 2022 | $3.8B | $2.3B – $7.1B | $5.0B (+33%) | after a round | 98 | growing | B | 0% |
| 1 Apr 2022 | $3.9B | $2.3B – $7.1B | $5.0B (+28%) | after a round | 98 | growing | B | 0% |
| 1 May 2022 | $4.0B | $2.3B – $7.1B | $5.0B (+24%) | after a round | 98 | growing | B | 0% |
| 1 Jun 2022 | $4.2B | $2.3B – $7.1B | $5.0B (+20%) | after a round | 98 | growing | B | 0% |
| 1 Jul 2022 | $4.3B | $2.3B – $7.1B | $5.0B (+16%) | after a round | 98 | growing | B | 0% |
| 1 Aug 2022 | $4.4B | $2.3B – $7.1B | $5.0B (+12%) | after a round | 98 | growing | B | 0% |
| 1 Sep 2022 | $4.6B | $2.3B – $7.1B | $5.0B (+8%) | after a round | 98 | growing | B | 0% |
| 1 Oct 2022 | $4.8B | $2.3B – $7.1B | $5.0B (+5%) | after a round | 98 | growing | B | 0% |
| 1 Nov 2022 | $4.9B | $2.3B – $7.1B | $5.0B (+1%) | after a round | 98 | unknown | B | 0% |
| 1 Dec 2022 | $5.0B | $2.3B – $7.1B | $5.0B (0%) | after a round | 98 | unknown | B | 0% |
| 1 Jan 2023 | $5.6B | $2.7B – $7.9B | $5.6B (0%) | after a round | 160 | growing | B | 0% |
| 1 Feb 2023 | $5.6B | $2.7B – $7.9B | $5.6B (0%) | after a round | 160 | growing | B | 0% |
| 1 Mar 2023 | $5.6B | $2.7B – $7.9B | $5.6B (0%) | after a round | 160 | growing | B | 0% |
| 1 Apr 2023 | $5.6B | $2.8B – $7.9B | $5.6B (0%) | after a round | 160 | growing | B | 0% |
| 1 May 2023 | $5.6B | $2.8B – $7.9B | $5.6B (0%) | after a round | 160 | growing | B | 0% |
| 1 Jun 2023 | $5.6B | $2.8B – $7.9B | $5.6B (0%) | after a round | 160 | growing | B | 0% |
| 1 Jul 2023 | $5.6B | $2.9B – $7.9B | $5.6B (0%) | after a round | 160 | growing | B | 0% |
| 1 Aug 2023 | $5.6B | $1.8B – $7.9B | $5.6B (0%) | after a round | 160 | unknown | C | 0% |
| 1 Sep 2023 | $5.6B | $1.7B – $7.9B | $5.6B (0%) | after a round | 160 | unknown | C | 0% |
| 1 Oct 2023 | $6.6B | $3.5B – $9.3B | $6.6B (0%) | after a round | 340 | growing | B | 0% |
| 1 Nov 2023 | $6.6B | $3.5B – $9.3B | $6.6B (0%) | after a round | 340 | growing | B | 0% |
| 1 Dec 2023 | $6.6B | $3.3B – $9.3B | $6.6B (0%) | after a round | 340 | growing | B | 0% |
| 1 Jan 2024 | $6.6B | $3.3B – $9.3B | $6.6B (0%) | after a round | 340 | growing | B | 0% |
| 1 Feb 2024 | $6.6B | $3.3B – $9.3B | $6.6B (0%) | after a round | 340 | growing | B | 0% |
| 1 Mar 2024 | $6.6B | $3.3B – $9.4B | $6.6B (0%) | after a round | 360 | growing | B | 0% |
| 1 Apr 2024 | $6.6B | $3.4B – $9.4B | $6.6B (0%) | after a round | 360 | growing | B | 0% |
| 1 May 2024 | $6.6B | $3.4B – $9.4B | $6.6B (0%) | after a round | 360 | growing | B | 0% |
| 1 Jun 2024 | $6.6B | $3.4B – $9.4B | $6.6B (0%) | after a round | 360 | growing | B | 0% |
| 1 Jul 2024 | $6.6B | $3.4B – $9.4B | $6.6B (0%) | after a round | 350 | growing | B | 0% |
| 1 Aug 2024 | $6.6B | $1.1B – $9.4B | $6.2B (-6%) | after a round | 350 | flat | D | 0% |
| 1 Sep 2024 | $6.6B | $1.1B – $9.4B | $6.1B (-7%) | after a round | 350 | flat | D | 0% |
| 1 Oct 2024 | $6.6B | $1.0B – $9.4B | $6.1B (-8%) | after a round | 350 | flat | D | 0% |
| 1 Nov 2024 | $6.6B | $950M – $9.4B | $6.0B (-9%) | after a round | 350 | flat | D | 0% |
| 1 Dec 2024 | $6.6B | $904M – $9.3B | $6.0B (-9%) | after a round | 350 | flat | D | 0% |
| 1 Jan 2025 | $6.5B | $859M – $9.2B | $5.9B (-9%) | after a round | 350 | flat | D | 0% |
| 1 Feb 2025 | $6.5B | $817M – $9.2B | $5.9B (-9%) | after a round | 350 | flat | D | 0% |
| 1 Mar 2025 | $6.4B | $780M – $9.1B | $5.8B (-9%) | after a round | 350 | flat | D | 0% |
| 1 Apr 2025 | $6.4B | $741M – $9.0B | $5.8B (-9%) | after a round | 350 | flat | D | 0% |
| 1 May 2025 | $5.2B | $706M – $8.8B | $4.4B (-16%) | after a round | 350 | flat | D | 15% |
| 1 Jun 2025 | $5.1B | $671M – $8.8B | $4.3B (-16%) | after a round | 350 | flat | D | 15% |
| 1 Jul 2025 | $5.1B | $638M – $8.7B | $4.3B (-16%) | after a round | 350 | flat | D | 15% |
| 1 Aug 2025 | $5.0B | $607M – $8.6B | $4.2B (-16%) | after a round | 350 | flat | D | 15% |
| 1 Sep 2025 | $4.9B | $577M – $8.6B | $4.2B (-16%) | after a round | 350 | flat | D | 15% |
| 1 Oct 2025 | $5.0B | $549M – $8.5B | $4.2B (-15%) | after a round | 350 | flat | D | 13% |
| 1 Nov 2025 | $5.0B | $522M – $8.5B | $4.3B (-14%) | after a round | 350 | flat | D | 12% |
| 1 Dec 2025 | $4.9B | $497M – $8.1B | $4.3B (-12%) | after a round | 350 | flat | D | 11% |
| 1 Jan 2026 | $4.9B | $472M – $8.0B | $4.4B (-12%) | after a round | 350 | flat | D | 10% |
| 1 Feb 2026 | $5.0B | $448M – $8.0B | $4.4B (-11%) | after a round | 350 | flat | D | 10% |
| 1 Mar 2026 | $5.6B | $428M – $9.0B | $5.5B (-2%) | after a round | 350 | unknown | D | 9% |
| 1 Apr 2026 | $5.6B | $407M – $9.0B | $5.6B (-2%) | after a round | 350 | unknown | D | 8% |
| 1 May 2026 | $5.7B | $387M – $9.0B | $5.6B (-1%) | after a round | 350 | unknown | D | 7% |
| 1 Jun 2026 | $5.8B | $368M – $9.0B | $5.7B (-1%) | after a round | 350 | unknown | D | 7% |
| 1 Jul 2026 | $5.8B | $351M – $9.0B | $5.8B (-1%) | after a round | 350 | unknown | D | 6% |
| 1 Aug 2026 | $5.8B | $333M – $9.1B | $5.8B (0%) | after a round | 350 | unknown | D | 6% |
| 1 Sep 2026 | $5.9B | $317M – $9.1B | $5.9B (0%) | after a round | 350 | unknown | D | 5% |
| 1 Oct 2026 | $5.9B | $310M – $9.1B | $5.9B (0%) | after a round | 350 | unknown | D | 5% |
| 24 Oct 2026 | $4.4B | $230M – $9.1B | $4.4B (0%) | after a round | 350 | unknown | D | 5% |
Key facts about Forte
- Founded
- 2018
- Headquarters
- San Francisco, United States
- Employees
- about 371 +6% in a year
- Total raised
- $910M
- Funding rounds
- 2
- Last round
- Series B Nov 2021
Forte was founded in 2018 by Brett Seyler, David Rowan, Josh Williams, Kevin Chou and Nate White.
Forte funding history
Forte has 2 funding rounds on record, from May 2021 to Nov 2021, $910M in total. The latest disclosed valuation is $1.00B post-money (Series A, May 2021).
Series B 12 Nov 2021
Led by The SEA Capital, Kora; with Andreessen Horowitz, Tiger Global, Warner Music Group, Animoca Brands, Overwolf, Playstudios, zVentures, Cosmos, Polygon Studios, Solana Ventures, Griffin Gaming Partners.
Sources: animocabrands.com, siliconangle.com, gamesbeat.com and 2 more
$725M
Series A 20 May 2021
Led by Griffin Gaming Partners; with Union Grove Venture Partners, Andreessen Horowitz, Battery Ventures, Canaan.
Sources: finsmes.com, axios.com
$185M
$1.00B post-money
Forte investors
16 investors have backed Forte; Griffin Gaming Partners, Kora and The SEA Capital led at least one round.
- Andreessen Horowitz 2 rounds
- Animoca Brands
- Battery Ventures
- Cosmos
- Overwolf
- Playstudios
- Polygon Studios
- Tiger Global
- Warner Music Group
- zVentures
What Forte does
Forte works in tech companies, with 15 recorded offerings and customers in blockchain technology and gaming.
Forte Labs, Inc. is an American technology company engaged in on-chain compliance solutions for blockchain projects. The company develops and provides tools for managing digital asset economies, including the Forte Rules Engine, ZK Policy Engine, and Dev Accelerator, which offer rules architecture, economic controls, and compliance enforcement for developers and stakeholders. Forte's solutions are compatible with Ethereum and Polygon, and are designed to support a range of web3 projects, including gaming and token-driven applications. The company collaborates with compliance partners with NYDFS BitLicense approval and serves clients in the blockchain and web3 sectors.
Description from Veridion's company data.
Products and services
- On-Chain Compliance Solutions Development
- Blockchain Rules Engine Development
- Policy Engine Development
- Compliance Enforcement Tools Development
- Economic Control Tools Development
- Digital Asset Economy Management Solutions
- Risk Management Solutions for Blockchain Projects
- Trust and Privacy Preservation Solutions
- Liquidity Access Enablement Solutions
- Monetization Enablement for Blockchain Projects
- Developer Acceleration Services
- Blockchain Project Launch Enablement
- EVM Chain Compatibility Solutions
- Web3 Wallet Compatibility Solutions
- Compliance Partner Network Services
Markets
- Blockchain Technology
- Gaming
Technology
- On-Chain Compliance Engines
- Zero-Knowledge Policy Engines
- EVM Chain Compatibility Protocols
- Web3 Wallet Integration Protocols
Business model
- Business-to-Business
- Software-as-a-Service
Industry codes (NAICS)
- 513210 Software Publishers 100% match
Questions about Forte
What is Forte worth?
Valuation $4.4B (range $230M to $9.1B), as of 24 Oct 2026. The last disclosed valuation was $1.00B (Series A, May 2021).
Has Forte raised money?
Forte has 2 funding rounds on record, from May 2021 to Nov 2021, $910M in total. The latest disclosed valuation is $1.00B post-money (Series A, May 2021).
Who has invested in Forte?
Griffin Gaming Partners, Kora, The SEA Capital, Andreessen Horowitz, Animoca Brands and Battery Ventures, and 10 more. Lead investors include Griffin Gaming Partners, Kora and The SEA Capital.
How many people work at Forte?
About 371, up 6% over the last year. Headcount grew from 28 in Jan 2021 to 350 in Nov 2024.
What does Forte do?
Forte works in tech companies, with 15 recorded offerings and customers in blockchain technology and gaming. Its main offerings are on-chain compliance solutions development, blockchain rules engine development and policy engine development.
When was Forte founded, and where is it based?
Forte was founded in 2018 and is based in San Francisco, United States. It has about 371 employees, up 6% over the last year.