When was Foro founded?

Foro was founded in 2014 and raised its 1st funding round 9 years after it was founded.

Where is Foro located?

Foro is headquartered in Charlotte, United States.

How many employees does Foro have?

As of Mar 31, 2026, the latest employee count at Foro is 41.

Is Foro a funded company?

Foro is a funded company, having raised a total of $12M across 2 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Jan 27, 2023.

When was the latest funding round of Foro?

Foro's latest funding was a $***** Series A round on Mar 22, 2023, with participation from 6 investors.

Where does Foro rank among its competitors?

Foro ranks 55th amongst 930 active competitors, of which 60 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was eCapital, which secured $388M in Oct, 2025.

Who are the top competitors of Foro?

Foro's top competitors include Lending Club, Upstart and Fundbox. Among them, eCapital secured the most recent funding round in October, 2025.

Foro - 2026 Company Profile, Team, Funding & Competitors

Foro is a series A company based in Charlotte (United States), founded in 2014 by David Vorhoff and Roger Portaro. It operates as a Developer of an online commercial lending platform. Foro has raised $12M in funding from investors like TTV Capital, AME Cloud Ventures and Correlation Ventures. The company has 930 active competitors, including 60 funded and 29 that have exited. Its top competitors include companies like Lending Club, Upstart and Fundbox.

Company Details

Developer of an online commercial lending platform. It provides users with help for the user to connect, compare and choose between top financial institutions and offer commercial mortgages on their own balance sheets. Its features include capital markets, credit products, and business management.

Website: foro.io
Social
Email ID: *****@foro.io

Key Metrics

Founded Year

2014

Location

Charlotte, United States

Stage

Series A

Total Funding

$12M in 2 rounds

Latest Funding Round

Series A, Mar 22, 2023, $*****

Investors

TTV Capital & 6 more

Ranked

55^th among 930 active competitors

Employee Count

41 as on Mar 31, 2026

Investment & Acquisitions

Bridge

Similar Companies

Yubi & 758 more

View Foro's full profile

Foro is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
FORO CIN: 40103569637 , Latvia, Deadpooled	Jul 26, 2012	€0 - €1M (As on Dec 31, 2014)	7 (As on Dec 31, 2014)	-
Foro Holdings, Inc CIN: 874176773 , United States, Active	Dec 31, 2013	-	13 (As on Dec 31, 2024)	-

Foro has raised a total funding of $12M over 2 rounds. Its first funding round was on Jan 27, 2023. Its latest funding round was a Series A round on Mar 22, 2023 for $*****. 6 investors participated in its latest round. Foro has 7 institutional investors.

Here is the list of recent funding rounds of Foro:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 22, 2023	8133479	Series A	6825148	8506173	8665549	7510432
Jan 27, 2023	2437248	Series A	6554206	4834308	TTV Capital	Fin Capital & 2 more

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View details of Foro's funding rounds and investors

The founders of Foro are David Vorhoff and Roger Portaro.

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

David Vorhoff: Co-Founder of Foro and founder of 2 other companies, CreoValo and CreoValo.
Contact Info: 1 email address
Roger Portaro: Co-Founder of Foro.

View details of Foro's Founder profiles and Board Members

Foro's employee count trend

Foro has 41 employees as of Mar 26. Here is Foro's employee count trend over the years:

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Top competitors of Foro include Lending Club, Upstart and Fundbox. Here is the list of Top 10 competitors of Foro, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Lending Club 2006, San Francisco (United States), Public	P2P marketplace for consumer and business loans	$219M	T. Rowe Price, Wellington & 45 others	82/100
2nd	Upstart 2012, Palo Alto (United States), Public	AI-enabled online marketplace offering diversified loans to consumers and businesses	$129M	Third Point, Founders Fund & 28 others	80/100
3rd	Fundbox 2013, San Francisco (United States), Series D	AI-based platform for business loans	$734M	Hoopp, HarbourVest Partners & 60 others	76/100
4th	Figure 2018, San Francisco (United States), Public	Blockchain-based platform for consumer loans	$435M	DST Global, Morgan Creek Capital Management ... & 52 others	74/100
5th	Lendio 2011, Lehi (United States), Series E	Online lending marketplace for business loans	$82M	Napier Park Global Capital, Mastercard & 20 others	69/100
6th	Liquidity Group 2018, New York City (United States), Series C	Provider of AI-based solutions for business lending	$120M	Spark Capital, MUFG & 8 others	69/100
7th	8fig 2020, Austin (United States), Acquired	Provider of funding solutions for e-commerce businesses	$196M	Koch Disruptive Technologies, Battery Ventures ... & 6 others	68/100
8th	Biz2Credit 2007, New York City (United States), Series B	Online marketplace for business loans	$52M	WestBridge Capital, Nexus Venture Partners ... & 1 others	67/100
9th	eCapital 2006, Miami (United States), Acquired	Provider of asset-based, supply chain, and invoice financing solutions	$81.9M	Ares Management	66/100
10th	Hello Alice 2015, Houston (United States), Series C	Online networking platform for businesses to launch and grow	$43.4M	SVB, QED Investors & 21 others	65/100
55th	Foro 2014, Charlotte (United States), Series A	Developer of an online commercial lending platform	$12M	AME Cloud Ventures, TTV Capital & 5 others	41/100