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Forter

Real-time fraud prevention platform for ecommerce checkout.
Forter approves or declines ecommerce transactions in real time using a network of identity signals across more than a billion shoppers, protecting merchants like Nordstrom, Sephora, and ASOS. The company raised a $300M Series F in May 2021 at a $3B valuation — its last priced round — and has since gone through layoffs and restructuring as the broader online fraud market consolidated around Stripe Radar and Riskified.
Fintech 📍 New York, NY, USA Founded 2013
Current Valuation
$3.0B
as of 2021-Q2
UNICORN

QL Price

$769.05M
-74% vs last round
QuantLogix's current estimate for Forter, published 2026-10-07 — below the last disclosed round of $3.0B (2021-Q2).
Confidence
medium
Basis
secondary led
What backs this price
Last disclosed round $3.0B 2021-Q2 weight 0.03
Secondary market print $663M 2026-06-27 weight 0.54
How this price has held up
No round has priced for Forter since QuantLogix began publishing a price for it, so there is nothing to grade yet. The claim above is on the record from 2026-10-07 and will be graded against the next priced round. See the full accuracy record →
How to actually get exposure to Forter →
Which publicly-traded funds already hold it, what $10,000 buys, and whether any route is open to you.
Cite this price as QuantLogix QL Price, Forter, 2026-10-07 (c8276570267c3a31). The id pins this exact claim, so a citation stays checkable after the price moves. Model estimate for research — not a quote, target price, or investment advice.

IPO Outlookprivate

Is Forter going public?
No. Forter is private and has not filed to go public. There is no S-1 on file.
What is Forter's valuation in 2026?
Forter is valued at $3.0B as of 2021-Q2, set by its Series F ($300M, May 2021). That is the last confirmed mark, not a live price — private shares do not trade continuously.
Has Forter filed an S-1?
No public S-1 is on file for Forter.
Who are Forter's investors?
Forter's investors include Tiger Global Management, Bessemer Venture Partners, Sequoia Capital, NewView Capital, Salesforce Ventures, Felicis Ventures.
How much has Forter raised?
Forter has raised $525M in total, most recently a Series F of $300M in May 2021.
Is Forter publicly traded — can you buy Forter stock?
No. Forter is a private company — its shares are not listed on any exchange and there is no ticker. The routes to exposure are pre-IPO secondary marketplaces and funds (accredited investors), employee tender offers when the company runs one, and public companies with read-through exposure. QuantLogix maps every route it can verify for Forter on its Pre-IPO Access Desk.
How to actually get exposure to Forter →
Answers are derived from the roster record shown on this page — filing status, last round and confirmed marks. Where the record is silent, the answer says so rather than guessing.

Company Profile

CEO
Michael Reitblat
Founded
2013
HQ
New York, NY, USA
Employees
~600
Total Raised
$525M
Est. Revenue
$200M (2024-Q4)
Last Round
Series F — $300M (May 2021) · Lead: Tiger Global Management
IPO Status
private

Fundraising Status

Series F · $300M · 5y 5mo ago
privateTotal raised $525M

Secondary Market

Implied price / share
$5.2
Last round price / share
$23.48
vs last round
-77.9%
Open interest
1
Last round price vs secondary price
Last round vs current secondary price per share$23.48Last round$5.20Current
Secondary price return by period
Secondary market period returns3-month-2.3%6-month-0.2%1-year-29.5%All-time-77.8%
Implied per-share price from private secondary transactions, as of Jun 2026. This is a point estimate, not a quote — the feed carries no bid, ask or spread, and a secondary print is evidence of what someone paid on that date rather than a live market. Compare across every tracked name →

Latest Funding Round

RoundAmountDateLead InvestorPost-Money
Series F$300MMay 2021Tiger Global Management—

Talent Signal

Hiring trend
▼ Hiring downtrend
-24% vs 2026-08
Open roles
29
via greenhouse
Product-build share
24%
engineering, research, product, design
Trajectory
tightening
go-to-market push — Only 24% of open roles build product — hiring is concentrated in sales/marketing/ops (14 of 29 open roles are sales).
Open roles trending down; no tracked executive churn.
Open roles by month
Open roles by month38Aug '2629Sep '26
Open roles by function
Open roles by functionSales & GTM14Engineering7Other6Finance & Strategy1Legal & Policy1
■ product-building   ■ go-to-market / G&A
Implementation EngineerImplementation EngineerSenior Engineering Manager, Decision EngineeringSenior Full Stack Engineer II - CX OfferingSenior Software Engineer ll, Core EngineeringSenior Software Engineer ll, Customer Experience
Counted from Forter's live job board as of 2026-09-15; role functions classified from posting titles. Open-role counts are an activity signal, not headcount. Refreshed monthly.

Founders & Key People

Michael ReitblatLiron DamriAlon Shemesh

Investors

Tiger Global Management · Bessemer Venture Partners · Sequoia Capital · NewView Capital · Salesforce Ventures · Felicis Ventures

Products

  • Fraud Management
  • Account Takeover Prevention
  • Policy Abuse
  • Identity Protection
  • Payment Optimization

Competitors

Riskified · Signifyd · Sift · Stripe Radar
fraud-preventionecommercecheckoutb2bsaas
Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of 2021-Q2. Refreshed quarterly.