About Forte
Forte is a company based in San Francisco (United States) founded in 2019.. Forte has raised $910 million across 2 funding rounds from investors including Razer, PlayStudios and Polygon. Forte has completed 2 acquisitions, including N3TWORK Studios and Sealance. Forte operates in a competitive market with competitors including Animoca Brands, Jambo, Sky Mavis, Enjin and Immutable, among others.
- Headquarter San Francisco, United States
- Stage Unicorn
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Sectors
TechnologyMedia & Entertainment Financial Services
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Phone
*********
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Website
*********
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Social
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- Legal Name Forte Labs, 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
$910 M (USD)
in 2 rounds
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Latest Funding Round
$725 M (USD), Series B
Nov 12, 2021
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Investors
Razer
& 17 more
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Employee Count
Employee Count
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Investments & Acquisitions
N3TWORK Studios
& 1 more
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Funding Insights of Forte
Forte has successfully raised a total of $910M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $725 million completed in November 2021. 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 B — $725.0M
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First Round
First Round
(20 May 2021)
- Investors Count 18
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2021 | Amount | Series B - Forte | Valuation | Kora , Sea Capital | |
| May, 2021 | Amount | Series A - Forte | Valuation | Griffin Gaming 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 Forte
Forte has secured backing from 18 investors, including institutional and venture fund investors. Prominent investors backing the company include Razer, PlayStudios and Polygon. 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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Venture capital funding and investments in the gaming industry, including software and platforms.
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Founded Year | Domain | Location | |
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Venture capital investments in technology sectors are handled by Andreessen Horowitz.
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Founded Year | Domain | Location | |
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Venture and private equity investments are managed with global diversification.
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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 Forte
Forte has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include N3TWORK Studios and Sealance. 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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Decentralized blockchain-based platform of trust for the cryptocurrency industry
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2020 | ||||
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Mobile mid-core role-playing games are developed by N3TWORK Studios.
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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 - Forte
| 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 |
Forte Comparisons
Competitors of Forte
Forte 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 Animoca Brands, Jambo, Sky Mavis, Enjin and Immutable, 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 |
Blockchain-based PC and mobile games are developed and published.
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| domain | founded_year | HQ Location |
Web3 mobile infrastructure solutions are developed for a super app.
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| domain | founded_year | HQ Location |
Blockchain-based NFT games are developed for strategy and role-playing genres.
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| domain | founded_year | HQ Location |
Virtual assets are created via a blockchain-based gaming platform.
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| domain | founded_year | HQ Location |
Blockchain infrastructure for NFT games and applications is developed.
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| domain | founded_year | HQ Location |
Online community-based gaming platform
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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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Latest news on Forte
Frequently Asked Questions about Forte
When was Forte founded?
Forte was founded in 2019 and raised its 1st funding round 2 years after it was founded.
Where is Forte located?
Forte is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is Forte a funded company?
Forte is a funded company, having raised a total of $910M across 2 funding rounds to date. The company's 1st funding round was a Series A of $185M, raised on May 20, 2021.
What does Forte do?
Forte was established in 2019 in San Francisco, United States, within the blockchain and gaming sectors. A platform is offered for developing NFT applications, allowing blockchain and NFT technologies to be integrated by game developers for in-game monetization and player engagement. Funding is provided to game creators. Trading of virtual assets is enabled for players on a reward-based community platform.
Who are the top competitors of Forte?
Forte's top competitors include Animoca Brands, Immutable and Sky Mavis.
How many acquisitions has Forte made?
Forte has made 2 acquisitions, including N3TWORK Studios, and Sealance.
Who are Forte's investors?
Forte has 18 investors. Key investors include Razer, PlayStudios, Polygon, Animoca Brands, and Overwolf.
What is Forte's valuation?
The valuation of Forte is $1B as of Nov 2021.
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