About FortNine
FortNine is a company based in Montreal (Canada) founded in 2009 by Amin Sawaf and Karim Sawaf.. The company has 57 employees as of December 31, 2024. FortNine has completed 1 acquisition, including Defender. FortNine operates in a competitive market with competitors including CanadaWheels, TDot Performance, Kimpex, JustParts.com and Partsource, among others.
- Headquarter Montreal, Canada
- Employees 57 as on 31 Dec, 2024
- Founders Amin Sawaf, Karim Sawaf
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Sectors
Transportation, Automotive & Logistics
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Phone
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Website
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Social
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Funding Insights of FortNine
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2020 | Amount | Private Equity Round - FortNine | Valuation | Novacap |
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| 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 FortNine
FortNine has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include NovaCap. 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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Acquisitions are targeted by Novacap, a private equity firm.
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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 FortNine
FortNine has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Defender. 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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Retailer of boat and ships
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1938 |
| 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 - FortNine
| 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 |
Fortnine Comparisons
Competitors of FortNine
FortNine 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 CanadaWheels, TDot Performance, Kimpex, JustParts.com and Partsource, 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 |
Online retailer of auto parts & accessories
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| domain | founded_year | HQ Location |
Toronto-based online seller of performance auto parts
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| domain | founded_year | HQ Location |
Operates an online platform providing a wide selection of helmets, gear, aftermarket parts, and accessories.
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| domain | founded_year | HQ Location |
Auto parts and accessories are traded through an online marketplace.
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| domain | founded_year | HQ Location |
Aftermarket auto parts and accessories are retailed by Partsource.
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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 Fortnine
Frequently Asked Questions about FortNine
When was FortNine founded?
FortNine was founded in 2009 and raised its 1st funding round 11 years after it was founded.
Where is FortNine located?
FortNine is headquartered in Montreal, Canada. It is registered at Montreal, Quebec, Canada.
How many employees does FortNine have?
As of Dec 31, 2024, the latest employee count at FortNine is 57.
What does FortNine do?
FortNine was established in 2009 in Montreal, Canada, as an online retailer in the cycling sector. Bike gears and accessories are offered through a digital platform where items can be searched by categories such as brands and models. Orders are processed via online payments, with services including shipping and returns provided to customers across relevant regions.
Who are the top competitors of FortNine?
FortNine's top competitors include CanadaWheels, UTV Canada and TDot Performance.
How many acquisitions has FortNine made?
FortNine has made 1 acquisition, including Defender.
Who are FortNine's investors?
FortNine has 1 investor. Key investors include NovaCap.