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
-
Sectors
Transportation, Automotive & Logistics
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Forto Logistics Se & Co. Kg
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$591.16 M (USD)
in 8 rounds
-
Latest Funding Round
$250 M (USD), Series D
Mar 07, 2022
-
Investors
Unbound
& 18 more
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
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. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
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.
Unlock access to complete
Unlock access to complete
Unlock access to complete
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.
- Total Funding Total Funding
- Total Rounds 8
- Last Round Series D — $250.0M
- First Round First Round
- Investors Count 19
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2022 | Amount | Series D - Forto | Valuation | Disruptive | |
| Jun, 2021 | Amount | Series C - Forto | Valuation | SoftBank Vision Fund | |
| Nov, 2020 | Amount | Series C - Forto | Valuation | Inven Capital |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. 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 |
|---|---|---|---|---|
|
Earlybird is recognized as a venture capital investor focused on early-stage tech companies.
|
Founded Year | Domain | Location | |
|
Growth-stage technology companies are funded via primary and secondary investments.
|
Founded Year | Domain | Location | |
|
Early-stage startups are funded by Northzone venture capital.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Forto
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Forto
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Forto Comparisons
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. 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 |
End-to-end supply chain logistics platform and services are provided.
|
|
| domain | founded_year | HQ Location |
Tech-enabled platform matches shippers and carriers for trucking loads.
|
|
| domain | founded_year | HQ Location |
Web-based cargo management solutions are offered for air logistics.
|
|
| domain | founded_year | HQ Location |
Provider of integrated freight forwarding, logistics and supply chain management services
|
|
| domain | founded_year | HQ Location |
Multi-modal freight forwarding services are provided via an AI-enabled platform.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Forto
Frequently Asked Questions about Forto
When was Forto founded?
Forto was founded in 2016.
Where is Forto located?
Forto is headquartered in Berlin, Germany. It is registered at Berlin, Berlin, Germany.
Is Forto a funded company?
Forto is a funded company, having raised a total of $591.16M across 8 funding rounds to date. The company's 1st funding round was a Series C of $50M, raised on Jun 01, 2016.
What does Forto do?
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.
Who are the top competitors of Forto?
What products or services does Forto offer?
Forto offers Sea Freight, Air Freight, Rail Freight, Forto Platform, and Sustainable Transportation.
Who are Forto's investors?
Forto has 19 investors. Key investors include Unbound, European Investment Bank, SoftBank Vision Fund, Earlybird, and A P Moller Holding.
What is Forto's valuation?
The valuation of Forto is $2.1B as of Mar 2022.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.