About Forcen
Forcen is a company based in Toronto (Canada) founded in 2015 by Robert Brooks.. Forcen has raised $6.59 million across 2 funding rounds from investors including University of Toronto, BDC and NorthSpring Capital Partners. Forcen offers products and services including ForceFilm, DedicatedOverload, and Synap. Forcen operates in a competitive market with competitors including Vishay Precision Group, Adin Robotics, Methode, Bota Systems and Interlink Electronics, among others.
- Headquarter Toronto, Canada
- Founders Robert Brooks
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Sectors
Industrial Goods & Manufacturing
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Email
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Phone
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Website
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Social
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- Legal Name Forcen Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$6.59 M (USD)
in 2 rounds
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Latest Funding Round
$6.09 M (USD), Series A
Apr 23, 2024
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Investors
University of Toronto
& 9 more
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Employee Count
Employee Count
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Products & Services of Forcen
Forcen offers a comprehensive portfolio of products and services, including ForceFilm, DedicatedOverload, and Synap. 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.
Scalable thin-film transducer for 6+ degrees of freedom sensing.
Provides super-human sensitivity with robust overload protection.
Offers full range calibration and edge-computing intelligence.
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Funding Insights of Forcen
Forcen has successfully raised a total of $6.59M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $6.09 million completed in April 2024. 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 Series A — $6.1M
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First Round
First Round
(24 May 2019)
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2024 | Amount | Series A - Forcen | Valuation | Brightspark Ventures , BDC | |
| May, 2019 | Amount | Seed - Forcen | Valuation | NorthSpring Capital Partners |
| 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 Forcen
Forcen has secured backing from 10 investors, including venture fund and institutional investors. Prominent investors backing the company include University of Toronto, BDC and NorthSpring Capital Partners. 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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Growth of innovative companies is accelerated by NorthSpring Capital Partners.
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Founded Year | Domain | Location | |
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Brain research and care innovation is driven in Ontario.
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Founded Year | Domain | Location | |
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Support is provided to life sciences and health tech 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 Forcen
| 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 |
Financial Statements - Forcen
| 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 |
Forcen Comparisons
Competitors of Forcen
Forcen 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 Vishay Precision Group, Adin Robotics, Methode, Bota Systems and Interlink Electronics, 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 |
Force measurement solutions are designed for industrial applications.
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| domain | founded_year | HQ Location |
Multiple sensors and grippers for industrial robots are provided.
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| domain | founded_year | HQ Location |
Provider or multiple sensors, user interfaces, and power devices
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| domain | founded_year | HQ Location |
Robotic sensor components and adaptive grippers are supplied for automation.
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| domain | founded_year | HQ Location |
Patented Force-Sensing Resistors are developed for human-machine interfaces.
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| 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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Frequently Asked Questions about Forcen
When was Forcen founded?
Forcen was founded in 2015 and raised its 1st funding round 4 years after it was founded.
Where is Forcen located?
Forcen is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Who is the current CEO of Forcen?
Robert Brooks is the current CEO of Forcen. They have also founded this company.
Is Forcen a funded company?
Forcen is a funded company, having raised a total of $6.59M across 2 funding rounds to date. The company's 1st funding round was a Seed of $500K, raised on May 24, 2019.
What does Forcen do?
Forcen was founded in 2015 and is headquartered in Toronto, Canada. Solutions for force sensing, haptic force control, and simulation are developed for robotic applications. An array of sensors is integrated with an electronics module that calibrates and converts signals into accurate force measurements. These technologies are applied in manufacturing, surgical robotics, industrial automation, and defense sectors. Operations focus on enabling precise force feedback in robotic systems.
Who are the top competitors of Forcen?
Forcen's top competitors include Vishay Precision Group, Methode and Adin Robotics.
What products or services does Forcen offer?
Forcen offers ForceFilm, DedicatedOverload, and Synap.
Who are Forcen's investors?
Forcen has 10 investors. Key investors include University of Toronto, BDC, NorthSpring Capital Partners, Biomedical Zone, and Ontario Brain Institute.
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