Forte - About the company
Forte is a series B company based in San Francisco (United States), founded in 2019 by Kevin Chou, Brett Seyler, Kent Wakeford, Daniel Barnes, Josh Williams and Mahesh Vellanki. It operates as a Provider of Web3 infrastructure and compliance platform for blockchain projects. Forte has raised $910M in funding from investors like Canaan, Sea Capital and Kora, with a current valuation of $5B. The company has 467 active competitors, including 126 funded and 8 that have exited. Its top competitors include companies like Sorare, R3 and Animoca Brands.
Sectors and market segments that Forte operate in
Forte serves in the FinTech, Blockchain Technology, Gaming, High Tech market segments.The primary business model of Forte are:- FinTech > Investment Tech > ***** **** > ***** ******
- FinTech > Non Fungible Tokens > ***** **** > ***** ******
- Blockchain Technology > Non Fungible Tokens > ***** **** > ***** ******
- Gaming > Gaming Tech > ***** **** > ***** ******
- High Tech > Blockchain Infrastructure > ***** **** > ***** ******
- Blockchain Technology > Blockchain Infrastructure > ***** **** > ***** ******
Company Details
Provider of Web3 infrastructure and compliance platform for blockchain projects. It enables blockchain projects to define custom rules, enforce streamlined compliance, safeguard assets, and implement tailored economic controls. It offers developer tools, Dev Accelerator programs, and modular compliance enforcement through flexible rules engines, targeting Web3 projects requiring programmable asset protection and regulatory alignment.
- Website
- forte.io
Key Metrics
Founded Year
2019
Location
San Francisco, United States
Stage
Series B
Total Funding
$910M in 3 rounds
Latest Funding Round
Post Money Valuation
$5B as on Nov 12, 2021
Ranked
14th among 467 active competitors
Employee Count
375 as on Feb 28, 2026
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 |
|---|---|---|---|---|
Forte Labs, Inc CIN: 47-3723587 , United States, Active | Feb 19, 2018 | - | 3 (As on Dec 31, 2020) | - |
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Forte's funding and investors
Forte has raised a total funding of $910M over 3 rounds. Its latest funding round was a Series B round on Nov 12, 2021 for $725M. 15 investors participated in its latest round. Forte has 32 institutional 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 |
|---|---|---|---|---|---|---|
Nov 12, 2021 | $725M | Series B | $5B | - | ||
May 20, 2021 | $185M | Series A | $1B | - |
View details of Forte's funding rounds and investors
Forte's founders and board of directors
Founder? Claim ProfileThe founders of Forte are Kevin Chou, Brett Seyler, Kent Wakeford, Daniel Barnes, Josh Williams and Mahesh Vellanki. Josh Williams is the CEO of Forte.
Here are the details of Forte's key team members:
- Kevin Chou: Co-Founder of Forte and founder of 4 other companies, including Superlayer, Rally and Taki. They are also an angel investor in 9 startups.Contact Info: 2 email addresses
- Brett Seyler: Co-Founder of Forte. Contact Info: 1 email address
- Kent Wakeford: Co-Founder of Forte.
- Daniel Barnes: Founder & CXO of Forte.
- Josh Williams: 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 375 employees as of Feb 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 Sorare, R3 and Animoca Brands. 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 | Provider of blockchain-based fantasy sports marketplace platform for multiple sports | $739M | 79/100 | ||
2nd | R3 2015, London (United Kingdom), Series A | Provider of digital currency, digital asset and interoperability solutions | $112M | 74/100 | |
3rd | Animoca Brands 2006, Kowloon (China), Series C | Developer of blockchain-based PC and mobile games | $880M | 74/100 | |
4th | Blockchain-based infrastructure for NFT games and applications | $277M | 72/100 | ||
5th | Automated trading platform for cryptocurrencies and derivatives | $1M | 64/100 | ||
6th | Blockchain based gaming platform to create virtual assets | $19M | 63/100 | ||
7th | Planetarium Labs 2018, United States, Series A | Community-driven Web3 gaming company | $34.6M | 61/100 | |
8th | Vulcan Forged 2020, Athens (Greece), Series A | Web3 ecosystem focused on blockchain gaming and NFTs | $8M | 60/100 | |
9th | Securitize 2017, San Francisco (United States), Series B | Blockchain-based asset tokenization platform | $132M | 60/100 | |
10th | Quant 2016, London (United Kingdom), Seed | Blockchain-based infrastructure platform for cross-ledger app development | - | 60/100 | |
14th | Forte 2019, San Francisco (United States), Series B | Provider of Web3 infrastructure and compliance platform for blockchain projects | $910M | 58/100 |
Looking for more details on Forte's competitors? Click here to see the top ones
Forte's Investments and acquisitions
Forte has made 4 investments in companies including Sesame Labs and Midnight. Forte has also acquired 2 companies including Sealance and N3TWORK Studios.Here is the list of investments & acquisitions:
Filter this list
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Feb 25, 2025 | Acquisition | 2020 | Miami (United States) | |
Feb 08, 2023 | Investments | 2022 | San Francisco (United States) | |
Nov 25, 2022 | Investments | 2013 | Dover (United States) |
See all investments by Forte
Reports related to Forte
Here is the latest report on Forte's sector:
News related to Forte
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Forte Acquires Sealance Corp to Revolutionize Web3 Identity and Privacybitcoinethereumnews.com•Feb 28, 2025•Forte, Sealance
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Forte acquires Sealance to improve identity and privacy for Web3 game devsTechio•Feb 27, 2025•Forte, Sealance
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Magic Eden appoints Chris Akhavan as Chief Gaming OfficerPocket Gamer•Dec 08, 2022•Magic Eden, Glu, Forte
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Midnight Launches out of Stealth, Announces FundingBusiness Wire•Nov 30, 2022•Midnight, Bixin Ventures, FJ Labs, Woodstock and 8 others
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PLAYSTUDIOS Enters Strategic Alliance With Forte to Power Its Venture Into Web3Business Wire•Aug 03, 2022•Forte, PlayStudios
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Forte to Offer Security Layer for 15M Gamers After $9M Investment in Bolt LabsCrowdfund Insider•May 02, 2022•Bolt Labs, Forte
•
Aleo and Forte Partner to Power the Next Generation of Gaming EconomicsBusiness Wire•Mar 08, 2022•Aleo, Kora, SoftBank, Forte
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