When was Forage founded?

Forage was founded in 2019 and raised its 1st funding round 2 years after it was founded.

Where is Forage located?

Forage is headquartered in San Francisco, United States.

How many employees does Forage have?

As of Sep 30, 2026, the latest employee count at Forage is 68.

Is Forage a funded company?

Forage is a funded company, having raised a total of $62.1M across 4 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Sep 01, 2021.

How much is Forage worth?

The latest valuation of Forage is $***** as of Sep 01, 2021.

When was the latest funding round of Forage?

Forage's latest funding was a $***** Series B round on Jun 03, 2026, with participation from 8 investors.

Where does Forage rank among its competitors?

Forage ranks 2nd amongst 40 active competitors, of which 7 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was Forage, which secured $40M in Jun, 2026.

Who are the top competitors of Forage?

Forage's top competitors include PayIt, Invoice Cloud and ClassWallet. Among them, Forage secured the most recent funding round in June, 2026.

Forage - 2026 Company Profile, Team, Funding & Competitors

Company Details

Provider of payment processing solutions for government benefits programs and savings. The company offers application programming interfaces and software development kits, enabling merchants to integrate payment options. It facilitates checkout experiences and provides tools for managing electronic benefit transfer payments. The company delivers resources, including documentation, integrations, and status updates for developers.

Website: www.joinforage.com/
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Email ID: *****@joinforage.com

Key Metrics

Founded Year

2019

Location

San Francisco, United States

Stage

Series B

Total Funding

$62.1M in 4 rounds

Latest Funding Round

Series B, Jun 03, 2026, $*****

Post Money Valuation

$***** as on Sep 01, 2021

Investors

Y Combinator & 19 more

Ranked

2^nd among 40 active competitors

Employee Count

68 as on Sep 30, 2026

Similar Companies

PayIt & 35 more

View Forage's full profile

Forage is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
Forage Technology Corporation CIN: 3-1054278 , United States, Active	Dec 31, 2017	-	-	-

Forage has raised a total funding of $62.1M over 4 rounds. Its first funding round was on Sep 01, 2021. Its latest funding round was a Series B round on Jun 03, 2026 for $*****. 8 investors participated in its latest round. Forage has 18 institutional investors and 2 angel investors.

Here is the list of recent funding rounds of Forage:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jun 03, 2026	1855869	Series B	1598408	4603551	6154185	5081696
Nov 28, 2023	7623904	Series A	2068213	6092627	9293688	7379054
Aug 08, 2022	2323330	Series A	1387320	4818867	Nyca Partners	Equal Opportunity Ventures & 2 more

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View details of Forage's funding rounds and investors

The founders of Forage is Victor Esteban Fimbres.

Here are the details of Forage's key team members:

Victor Esteban Fimbres: Co-Founder of Forage.

View details of Forage's Founder profiles and Board Members

Forage's employee count trend

Forage has 68 employees as of Sep 26. Here is Forage's employee count trend over the years:

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Top competitors of Forage include PayIt, Invoice Cloud and ClassWallet. Here is the list of Top 10 competitors of Forage, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	PayIt 2013, Kansas City (United States), Series D	Mobile-based payment platform for government agencies	$272M	Missouri Technology, Weatherford Capital & 9 others	66/100
2nd	Forage 2019, San Francisco (United States), Series B	Provider of payment processing solutions for government benefits programs and savings	$62.1M	Mouro Capital, Necessary Ventures & 18 others	59/100
3rd	Invoice Cloud 2009, Braintree (United States), Acquired	Provider of digital billing and payment platform for multiple industries	-	Summit Partners, Ares Capital Corporation ... & 1 others	54/100
4th	ClassWallet 2014, Miami (United States), Series A	Provider of digital wallet platform for managing and disbursing public funds	$107M	Guidepost Growth Equity, Florida Funders ... & 21 others	46/100
5th	VETC 2015, Hanoi (Vietnam), Series B	Operator of electronic toll collection services for vehicles and highways	$19.2M	IFC	44/100
6th	PromisePay 2017, Oakland (United States), Series B	Bill payment solutions for the government	$48M	First Round Capital, XYZ Venture Capital ... & 20 others	44/100
7th	Pagaloop 2019, Mexico City (Mexico), Seed	Provider of platform for government payment processing via API and SDK	$125K	Y Combinator, Nazca & 2 others	43/100
8th	Aventiv Technologies 2004, Dallas (United States), Funding Raised	Online money management and payments platform for individuals and businesses	-	Platinum Equity	42/100
9th	Xpress Bill Pay 2005, American Fork (United States), Unfunded	Developer of electronic billing and online payment processing software systems	-	-	41/100
10th	PayGOV 2007, Indianapolis (United States), Unfunded	Online payment application for government	-	-	39/100