Forte - About the company
Forte is a seed company based in Baltimore (United States), founded in 2021 by William Norvell and Vineet Rajan. It operates as a Provider of mental health wellness platform for employees. Forte has raised $4.9M in funding from investors like Praxis, Sovereign's Capital and Impact Foundation, with a current valuation of $*****. The company has 603 active competitors, including 133 funded and 19 that have exited. Its top competitors include companies like Spring Health, Calm and Lyra Health.
Company Details
Provider of mental health wellness platform for employees. It is a mental wellness platform for both institutions and individuals. It provides content, resources, an electronic library, and blog posts on mental health for employees. It also offers lifecycle management services for the workforce.
- Website
- www.getforte.com/
- Email ID
- *****@getforte.com
- Registered Address
- 13458 CHAROLAIS CT,HIGHLAND,MD,20777,0
Key Metrics
Founded Year
2021
Location
Baltimore, United States
Stage
Seed
Total Funding
$4.9M in 3 rounds
Latest Funding Round
Post Money Valuation
$***** as on Jun 27, 2024
Ranked
111th among 603 active competitors
Employee Count
30 as on Apr 30, 2026
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Legal entities associated with Forte
Forte is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
TEAM PARACLETE, INC. CIN: 32089943297 , United States, Active | May 19, 2023 | - | - | - |
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Forte's funding and investors
Forte has raised a total funding of $4.9M over 3 rounds. Its first funding round was on Feb 24, 2022. Its latest funding round was a Seed round on Jan 11, 2024 for $*****. 4 investors participated in its latest round. Forte has 5 institutional investors and 4 angel investors.
Here is the list of recent funding rounds of Forte:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jan 11, 2024 | 5830110 | Seed | 9755640 | 9081009 | 7778078 | 8688671 |
2023 | 7189 | Seed | 9135 | 3885 | 2196 | 7921 |
Feb 24, 2022 | 5354065 | Seed | 4464221 | 1350885 |
View details of Forte's funding rounds and investors
Forte's founders and board of directors
Founder? Claim ProfileHere are the details of Forte's key team members:
- William Norvell: Co-Founder and President of Forte and founder of 1 other company.
- Vineet Rajan: Co-Founder & CEO of Forte. Contact Info: 1 email address
View details of Forte's Founder profiles and Board Members
Forte's employee count trend
Forte has 30 employees as of Apr 26. Here is Forte's employee count trend over the years:
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Forte's Competitors and alternates
Top competitors of Forte include Spring Health, Calm and Lyra Health. Here is the list of Top 10 competitors of Forte, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Spring Health 2016, New York City (United States), Series E | Tech enabled mental healthcare solutions and health plans for employers | $509M | 81/100 | |
2nd | Calm 2012, San Francisco (United States), Series C | Digital wellness platform | $225M | 79/100 | |
3rd | Lyra Health 2015, Burlingame (United States), Series F | Provider of AI-powered mental health benefits for employers | $915M | 74/100 | |
4th | Headspace 2010, Santa Monica (United States), Series C | Provider of mental health support services via application and human care | $178M | 72/100 | |
5th | Thrive Global 2016, New York City (United States), Series C | Provider of mental wellbeing coaching platform for enterprises | $130M | 71/100 | |
6th | Meru Health 2016, San Francisco (United States), Series B | Provider of digital mental healthcare programs with licensed therapist solutions | $55.4M | 70/100 | |
7th | Provider of online therapy, psychiatry services, and mental healthcare support | $20.6M | 70/100 | ||
8th | Unmind 2016, London (United Kingdom), Series C | Cloud-based mental well-being program for employers | $109M | 69/100 | |
9th | Modern Health 2017, San Francisco (United States), Series D | Provider of employee mental health wellness platform | $170M | 69/100 | |
10th | Wysa 2015, Boston (United States), Series B | Provider of AI-driven mental health support platform | $30.5M | 69/100 | |
111th | Forte 2021, Baltimore (United States), Seed | Provider of mental health wellness platform for employees | $4.9M | 36/100 |
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Forte's Investments and acquisitions
Forte has made no investments or acquisitions yet.
News related to Forte
•
Paraclete Raises $1.5 Million to Launch the World's First SoulCare™ PlatformPR Newswire•Feb 24, 2022•Forte, Paraclete, DCM Ventures, Sovereign's Capital
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