About Foretrace
Foretrace is a Technology company based in United States founded in 2020, and was acquired by Flare in March 2024. Pentesting solutions are provided for external exposure analysis. Foretrace has raised $500 thousand across 1 funding round from investors including Flare and TEDCO. Its focus areas include Enterprise Infrastructure, Cybersecurity, Endpoint Security and EASM. Its competitors include NetSPI, CyCognito and IONIX; 3 of its 3 listed competitors have raised funding.
Company details
Foretrace was founded in 2020 in Howard County, United States, within the cybersecurity sector. Pentesting solutions are offered to facilitate active analysis of users and third parties external exposures, primarily through passive techniques. Exposure details are presented across various modules and updated continuously to support live monitoring of the exposure surface. Operations focus on enabling detailed assessments of digital vulnerabilities.
- Headquarters Howard County, United States
- Stage Acquired
- SectorsTechnology
- Email••••••••
- Website foretrace.com
- Social LinkedIn X
- Acquired by Flare (Mar 2024)
Funding Insights of Foretrace
Foretrace has successfully raised a total of $500K through 1 strategic funding round. The most recent funding activity was a Seed round of $500 thousand completed in February 2023. 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 $500,000
- Total Rounds 1
- Last Round Seed — $500,000
- First Round $500,000
(Feb 2023)
- Investors Count 1
All 1 funding rounds of Foretrace with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2023 | $500,000 | Seed | – | TEDCO | – |
2 investors in total: 2 institutional.
Investors in Foretrace
Foretrace has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Flare and TEDCO.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital fund and startup accelerator programs focused on seed and early stage companies | 1998 | tedcomd.com | Columbia, United States | |
External threats are detected, monitored, and remediated across the web. | 2017 | flare.io | Montreal, Canada |
Investor details for Foretrace
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People of Foretrace
1 people are tracked at Foretrace (1 in team).
| Name | Role | Group |
|---|---|---|
Rick Kohr | Principal Advisor | Team |
Complete people profiles for Foretrace
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Timeline of Foretrace
3 dated milestones of Foretrace across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Foretrace is founded.
- Funding First funding round of $500K.
- Exit Acquired by Flare.
Competitors of Foretrace
Foretrace has 3 listed competitors in our database, 3 of them funded. They include NetSPI, CyCognito and IONIX.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| netspi.com | 2001 | Minneapolis, United States | $500M | Attack surface management, threat detection, and pentesting services are offered. | ||
| cycognito.com | 2017 | Palo Alto, United States | $153M | 37 | Cloud-based external attack surface management solutions are provided. | |
| ionix.io | 2016 | New York, United States | $42M | Exploitable risks are identified across attack surfaces using connective intelligence. |
Detailed competitors of Foretrace
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Top companies in Cybersecurity & Data Protection
3 companies that operate in the same segment as Foretrace (Cybersecurity & Data Protection) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud based website security solutions | 2009 | San Francisco, California, United States | USD 332.1 M | USD 1.67 B | 7,330 | |
Cybersecurity and zero trust solutions are delivered for secure networks. | 2007 | San Jose, California, United States | USD 148 M | USD 3.35 B | 9,616 | |
Cloud-based identity management solutions are provided for enterprises. | 2002 | Denver, Colorado, United States | USD 136.89 M | USD 36.94 M | 821 |
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Frequently Asked Questions about Foretrace
Foretrace was founded in 2020 and raised its 1st funding round 3 years after it was founded.
Foretrace is headquartered in United States. It is registered at Maryland, United States.
Foretrace is a funded company, having raised a total of $500K across 1 funding round to date. The company's 1st funding round was a Seed of $500K, raised on Feb 2023.
Foretrace was founded in 2020 in Howard County, United States, within the cybersecurity sector. Pentesting solutions are offered to facilitate active analysis of users and third parties external exposures, primarily through passive techniques. Exposure details are presented across various modules and updated continuously to support live monitoring of the exposure surface. Operations focus on enabling detailed assessments of digital vulnerabilities.
Yes. Foretrace was acquired by Flare in March 2024.