About Forbes
Forbes is a company based in Jersey City (United States) founded in 1917.. Forbes has raised $200 million across 2 funding rounds from investors including Binance, Elevation Partners and Bbcranger.com. Forbes has completed 7 acquisitions, including American Heritage, Camerama and FlipGloss.
- Headquarter Jersey City, United States
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$200 M (USD)
in 2 rounds
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Latest Funding Round
$200 M (USD), Private Equity Round
Feb 03, 2022
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Investors
Binance
& 3 more
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Employee Count
Employee Count
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Investments & Acquisitions
American Heritage
& 6 more
- Acquired by
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Software Development Team
77 people
Leadership Team
47 people
Contributor Team
27 people
Senior Team
23 people
Sales and Marketing
16 people
Data Analysis and Operations Team
8 people
Columnist Team
8 people
Creative and Marketing Team
6 people
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Funding Insights of Forbes
Forbes has successfully raised a total of $200M across 2 strategic funding rounds. The most recent funding activity was a Private Equity Round round of $200 million completed in February 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Private Equity Round — $200.0M
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2022 | Amount | Private Equity Round - Forbes | Valuation | Binance |
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| Aug, 2016 | Amount | Private Equity Round - Forbes | 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 Forbes
Forbes has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Binance, Elevation Partners and Bbcranger.com. 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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Technology-focused private equity investments are conducted in the US.
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Founded Year | Domain | Location | |
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Online exchange platform for cryptocurrency
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Founded Year | Domain | Location | |
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Diversified asset management in equities and fixed income is provided.
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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 Forbes
Forbes has strategically engaged in corporate development activities, having acquired 7 companies. Notable acquisitions include American Heritage, Camerama and FlipGloss. 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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AI-based investment robo advisor for multiple assets
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2017 | ||||
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Technology, innovation, and business news are curated daily for readers.
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2015 | ||||
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Photos are shared privately among phone contacts in closed groups.
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2013 |
| 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 - Forbes
| 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 |
Forbes Comparisons
Competitors of Forbes
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Forbes
Frequently Asked Questions about Forbes
When was Forbes founded?
Forbes was founded in 1917 and raised its 1st funding round 99 years after it was founded.
Where is Forbes located?
Forbes is headquartered in Jersey City, United States. It is registered at Jersey City, New Jersey, United States.
Is Forbes a funded company?
Forbes is a funded company, having raised a total of $200M across 2 funding rounds to date.
What does Forbes do?
Forbes was founded in 1917 and is headquartered in Jersey City, United States. Operations center on media coverage of business, investing, technology, entrepreneurship, leadership, and affluent lifestyles. Magazines such as Forbes, Forbes Asia, Forbes Europe, and ForbesLife are published. An iPad app integrates print content with social sharing and web features. Brand extensions encompass conferences, real estate, education, financial services, and technology licensing.
How many acquisitions has Forbes made?
Forbes has made 7 acquisitions, including American Heritage, Camerama, and FlipGloss.
Who are Forbes's investors?
Forbes has 3 investors. Key investors include Binance, Elevation Partners, and Bbcranger.com.
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