About Fora Financial
Fora Financial is a company based in New York (United States) founded in 2008.. The company has 135 employees as of December 31, 2022. Fora Financial has completed 1 acquisition, including US Business Funding. Fora Financial offers products and services including Small Business Loans, Revenue Advance, Line of Credit, SBA Loan, and Accounts Receivable Financing. Fora Financial operates in a competitive market with competitors including Taulia, C2FO, Kabbage, BFS Capital and Swift Financial, among others.
- Headquarter New York, United States
- Employees 135 as on 31 Dec, 2022
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Sectors
Financial Services
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Fora Financial Llc
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$16 M (USD), Debt – Conventional
Apr 04, 2025
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Investors
Truist
& 9 more
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Employee Count
135
as on Dec 31, 2022
- Investments & Acquisitions
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Products & Services of Fora Financial
Fora Financial offers a comprehensive portfolio of products and services, including Small Business Loans, Revenue Advance, Line of Credit, SBA Loan, and Accounts Receivable Financing. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Fixed payback schedule for budget planning and cash flow management.
Accommodates revenue fluctuations with percentage-based repayments.
Provides access to credit for business needs as required.
Offers low-interest rates for qualified business expansions.
Unlocks cash from unpaid invoices for immediate liquidity.
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Funding Insights of Fora Financial
- Total Funding Total Funding
- Total Rounds 6
- Last Round Debt – Conventional — $16.0M
- First Round First Round
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2025 | Amount | Debt – Conventional - Fora Financial | Valuation |
investors |
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| Dec, 2024 | Amount | Debt – Conventional - Fora Financial | Valuation |
investors |
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| Oct, 2023 | Amount | Debt – Conventional - Fora Financial | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Fora Financial
Fora Financial has secured backing from 10 investors, including institutional and venture fund investors. Prominent investors backing the company include Truist, Credit Suisse and First Horizon National Corporation. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Company buyouts are targeted by this private equity firm.
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Founded Year | Domain | Location | |
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Castlelake is recognized as a global alternative investment firm.
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Founded Year | Domain | Location | |
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Palladium Equity Partners is focused on investing in U.S. middle-market companies.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Fora Financial
Fora Financial has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include US Business Funding. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Diversified NBFI
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2008 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Fora Financial
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Fora Financial Comparisons
Competitors of Fora Financial
Fora Financial operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Taulia, C2FO, Kabbage, BFS Capital and Swift Financial, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
AI-based electronic invoicing and supply chain management solution for businesses
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| domain | founded_year | HQ Location |
Provider of cash flow optimization and dynamic discounting solutions for businesses and vendors
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| domain | founded_year | HQ Location |
Business loans are facilitated through an online lending platform.
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| domain | founded_year | HQ Location |
Direct lender for working capital loans and merchant cash advances.
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| domain | founded_year | HQ Location |
Working capital financing is offered to small businesses nationwide.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Fora Financial
Frequently Asked Questions about Fora Financial
When was Fora Financial founded?
Fora Financial was founded in 2008 and raised its 1st funding round 7 years after it was founded.
Where is Fora Financial located?
Fora Financial is headquartered in New York, United States. It is registered at New York, New York, United States.
How many employees does Fora Financial have?
As of Dec 31, 2022, the latest employee count at Fora Financial is 135.
What does Fora Financial do?
Fora Financial was established in 2008 in New York, United States, within the financial services sector. Working capital solutions are delivered to small businesses to support operations and growth. A consultative process is employed to assess customer needs and tailor financing options. Merchant cash advances and small business loans are extended, with funding up to 250,000 approved in as few as 72 hours. Operations focus on the U.S. market.
Who are the top competitors of Fora Financial?
What products or services does Fora Financial offer?
Fora Financial offers Small Business Loans, Revenue Advance, Line of Credit, SBA Loan, and Accounts Receivable Financing.
How many acquisitions has Fora Financial made?
Fora Financial has made 1 acquisition, including US Business Funding.
Who are Fora Financial's investors?
Fora Financial has 10 investors. Key investors include Truist, Credit Suisse, First Horizon National Corporation, Angelo Gordon, and Alostar Bank of Commerce.
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