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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.

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
Social
X
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
Investors
Ranked
Employee Count
375 as on Feb 28, 2026
Investment & Acquisitions
Similar Companies
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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
-
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Forte's founders and board of directors

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The 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:

Forte's employee count trend

Forte has 375 employees as of Feb 26. Here is Forte's employee count trend over the years:
Employee count trend for Forte
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Sorare
Sorare
2018, Saint Mande (France), Series B
Provider of blockchain-based fantasy sports marketplace platform for multiple sports
$739M
79/100
2nd
Logo for R3
R3
2015, London (United Kingdom), Series A
Provider of digital currency, digital asset and interoperability solutions
$112M
74/100
3rd
Logo for Animoca Brands
Animoca Brands
2006, Kowloon (China), Series C
Developer of blockchain-based PC and mobile games
$880M
74/100
4th
Logo for Immutable
Immutable
2018, Sydney (Australia), Series C
Blockchain-based infrastructure for NFT games and applications
$277M
72/100
5th
Logo for INX
INX
2010, Gibraltar (Gibraltar), Acquired
Automated trading platform for cryptocurrencies and derivatives
$1M
64/100
6th
Logo for Enjin
Enjin
2009, Singapore (Singapore), Seed
Blockchain based gaming platform to create virtual assets
$19M
63/100
7th
Community-driven Web3 gaming company
$34.6M
61/100
8th
Logo for Vulcan Forged
Vulcan Forged
2020, Athens (Greece), Series A
Web3 ecosystem focused on blockchain gaming and NFTs
$8M
60/100
9th
Logo for Securitize
Securitize
2017, San Francisco (United States), Series B
Blockchain-based asset tokenization platform
$132M
60/100
10th
Logo for Quant
Quant
2016, London (United Kingdom), Seed
Blockchain-based infrastructure platform for cross-ledger app development
-
60/100
14th
Logo for Forte
Forte
2019, San Francisco (United States), Series B
Provider of Web3 infrastructure and compliance platform for blockchain projects
$910M
58/100
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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:lockFilter this list
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Feb 25, 2025
Acquisition
2020
Feb 08, 2023
Investments
2022
San Francisco (United States)
Nov 25, 2022
Investments
2013
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Reports related to Forte

Here is the latest report on Forte's sector:

News related to Forte

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FAQs about Forte

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