About Forto
Forto is a company based in Berlin (Germany) founded in 2016 by Erik Muttersbach, Fabian Heilemann, and Ferry Heilemann. It operates as a SaaS (Software-as-a-Service) and Managed Services. Forto has raised $591.16 million across 8 funding rounds from investors including Unbound, European Investment Bank and SoftBank Vision Fund. Forto offers products and services including Sea Freight, Air Freight, Rail Freight, Forto Platform, and Sustainable Transportation. Forto operates in a competitive market with competitors including Flexport, sennder, Airspace, DB Schenker and Beacon, among others.
- Headquarter Berlin, Germany
- Founders Erik Muttersbach, Fabian Heilemann, Ferry Heilemann
- Stage Unicorn
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Sectors
Transportation, Automotive & Logistics
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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 Forto Logistics Se & Co. Kg
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$591.16 M (USD)
in 8 rounds
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Latest Funding Round
$250 M (USD), Series D
Mar 07, 2022
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Investors
Unbound
& 18 more
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Employee Count
Not available
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Products & Services of Forto
Forto offers a comprehensive portfolio of products and services, including Sea Freight, Air Freight, Rail Freight, Forto Platform, and Sustainable Transportation.
Global transport for large volumes is efficiently provided.
Fast and reliable transport of goods is offered.
Dependable transport for long overland distances is ensured.
Shipment management and visibility are digitally facilitated here.
Biofuel options for air and sea are provided.
People of Forto
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Funding Insights of Forto
Forto has successfully raised a total of $591.16M across 8 strategic funding rounds. The most recent funding activity was a Series D round of $250 million completed in March 2022. 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.
Investors in Forto
Forto has secured backing from 19 investors, including venture fund and institutional investors. Prominent investors backing the company include Unbound, European Investment Bank and SoftBank Vision Fund.
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Earlybird is recognized as a venture capital investor focused on early-stage tech companies.
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Growth-stage technology companies are funded via primary and secondary investments.
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Early-stage startups are funded by Northzone venture capital.
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Investor details for Forto
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Investments & Acquisitions by Forto
Investment portfolio details for Forto
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Financial Statements - Forto
Detailed financials for Forto
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Forto Comparisons
Peer comparison for Forto
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Competitors of Forto
Forto 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 Flexport, sennder, Airspace, DB Schenker and Beacon, among others.
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End-to-end supply chain logistics platform and services are provided.
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Tech-enabled platform matches shippers and carriers for trucking loads.
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Web-based cargo management solutions are offered for air logistics.
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Provider of integrated freight forwarding, logistics and supply chain management services
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Multi-modal freight forwarding services are provided via an AI-enabled platform.
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Detailed competitors of Forto
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Latest news on Forto
Complete news archive for Forto
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Frequently Asked Questions about Forto
Forto was founded in 2016.
Forto is headquartered in Berlin, Germany. It is registered at Berlin, Berlin, Germany.
Forto is a funded company, having raised a total of $591.16M across 8 funding rounds to date.
Forto is established as a digital freight forwarder providing fast, efficient, and sustainable transport solutions. Services are offered across sea, air, and rail freight, catering to various shipment volumes and distances. Advanced technology, including AI-powered operations and a proprietary platform, is utilized to manage shipments and ensure high data quality. Sustainability initiatives, such as biofuel options and ocean plastic prevention, are integrated into the offerings. The company operates globally with a network covering over 100 countries and maintains 15 offices in 7 countries to support international logistics needs.
Forto offers Sea Freight, Air Freight, Rail Freight, Forto Platform, and Sustainable Transportation.
Forto has 19 investors. Key investors include Unbound, European Investment Bank, SoftBank Vision Fund, Earlybird, and A P Moller Holding.
The valuation of Forto is $2.1B as of Mar 2022.