Forte - About the company
Forte is a series B company based in San Francisco (United States), founded in 2019 by Kevin Chou, Kent Wakeford, Daniel Barnes, Josh Williams, Brett Seyler 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 500 active competitors, including 129 funded and 9 that have exited. Its top competitors include companies like Sorare, Animoca Brands and R3.
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
- Social
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
12th among 500 active competitors
Employee Count
401 as on Jul 31, 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 | - |
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Forte's founders and board of directors
Founder? Claim ProfileThe founders of Forte are Kevin Chou, Kent Wakeford, Daniel Barnes, Josh Williams, Brett Seyler 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, Taki and KSV eSports. They are also an angel investor in 9 startups.Contact Info: 2 email addresses
- Kent Wakeford: Co-Founder of Forte.
- Daniel Barnes: Founder & CXO of Forte.
- Josh Williams: Co-Founder & CEO of Forte. Contact Info: 1 email address
- Brett Seyler: Co-Founder of Forte. Contact Info: 1 email address
View details of Forte's Founder profiles and Board Members
Forte's employee count trend
Forte has 401 employees as of Jul 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, Animoca Brands and R3. 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-powered fantasy sports marketplace for a variety of sports | $739M | 78/100 | ||
2nd | Animoca Brands 2006, Melbourne (Australia), Series C | Developer of digital asset services for gaming and metaverse ecosystems | $880M | 75/100 | |
3rd | R3 2015, London (United Kingdom), Series A | Provider of digital currency, digital asset and interoperability solutions | $112M | 75/100 | |
4th | Blockchain-based infrastructure for NFT games and applications | $277M | 72/100 | ||
5th | Blockchain based gaming platform to create virtual assets | $19M | 65/100 | ||
6th | An asset tokenization platform bringing exposure to institutional-grade assets on-chain | $58.8M | 61/100 | ||
7th | Automated trading platform for cryptocurrencies and derivatives | $1M | 61/100 | ||
8th |  Zoth 2022, Dover (United States), Series A | Blockchain-based platform for tokenized art and real estate assets | $6.5M | 60/100 | |
9th | Incubated asset tokenization platform for individuals | $13.6M | 60/100 | ||
10th | Securitize 2017, San Francisco (United States), Series B | Blockchain-based asset tokenization platform | $132M | 60/100 | |
12th | 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:
Filter this list
Filter this listDate 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) |
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Reports related to Forte
Here is the latest report on Forte's sector:
News related to Forte
Filter this list•
Forte Acquires Sealance Corp to Revolutionize Web3 Identity and PrivacyBitcoin Ethereum News•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
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Aleo and Forte Partner to Power the Next Generation of Gaming EconomicsBusiness Wire•Mar 08, 2022•Aleo, Kora, SoftBank, Forte
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FAQs about Forte
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