HomeFinTechForter: Raises $300M; Valued at $3 Billion

Forter: Raises $300M; Valued at $3 Billion

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Forter Raises $300M; Valued at $3 Billion

  • Forter, a NYC-based e-commerce fraud prevention company, raised $300m in Series F funding
  • The round, which brought the company’s valuation at $3 Billion, was led by Tiger Global Management
  • The company intends to use the funds to continue expanding its global ecosystem
  • The company is a leader in e-commerce fraud prevention, processing over $250 billion in online commerce transactions and protecting more than a billion consumers globally from credit card fraud
  • The company’s identity-based fraud prevention solution detects fraudulent activity in real-time, throughout all online consumer experiences
  • The platform is used by Fortune 500 companies including Farfetch, Sephora, Nordstrom, Instacart, Adobe and Priceline
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