About FORREC
FORREC is a company based in Toronto (Canada) founded in 1986 was acquired by Sansei Technologies in December 2023.. The company has 131 employees as of December 31, 2024. FORREC operates in a competitive market with competitors including Xponential Fitness, Forum Brands, Carnival Corporation, Tegna and Pico Group, among others.
- Headquarter Toronto, Canada
- Employees 131 as on 31 Dec, 2024
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Sectors
Business Services
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Email
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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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Latest Funding Round
- Investors
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Employee Count
131
as on Dec 31, 2024
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Acquired by
Sansei Technologies
(Dec 01, 2023)
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Funding Insights of FORREC
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 FORREC
FORREC has secured backing from 1 investor. Prominent investors backing the company include Sansei Technologies. 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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Amusement rides, stage equipment, and elevators are designed and manufactured.
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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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 FORREC
| 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 - FORREC
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Forrec Comparisons
Competitors of FORREC
FORREC 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 Xponential Fitness, Forum Brands, Carnival Corporation, Tegna and Pico Group, 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 |
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| domain | founded_year | HQ Location |
Branding services are provided to clients by Xponential Fitness.
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| domain | founded_year | HQ Location |
Platform offering brand management solutions
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| domain | founded_year | HQ Location |
Provider of brand design services
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| domain | founded_year | HQ Location |
Digital media broadcasting and TV services are operated by Tegna.
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Marketing and branding services are provided internationally by Pico Group.
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Digital marketing, branding, and SMM services are offered.
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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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Frequently Asked Questions about FORREC
When was FORREC founded?
FORREC was founded in 1986.
Where is FORREC located?
FORREC is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Who is the current CEO of FORREC?
Cale Heit is the current CEO of FORREC.
How many employees does FORREC have?
As of Dec 31, 2024, the latest employee count at FORREC is 131.
What does FORREC do?
FORREC was established in 1986 in Toronto, Canada, as an experience design firm focused on location-based entertainment. Complex master planning and creative design services are offered across landscape architecture, architecture, interior design, and graphics. A portfolio exceeding 2,500 projects has been developed, supporting operations in the entertainment sector globally.
Who are the top competitors of FORREC?
FORREC's top competitors include Xponential Fitness, Carnival Corporation and Forum Brands.
Who are FORREC's investors?
FORREC has 1 investor. Key investors include Sansei Technologies.