When was Fortis founded?

Fortis was founded in 2010 and raised its 1st funding round 9 years after it was founded.

Where is Fortis located?

Fortis is headquartered in Novi, United States.

How many employees does Fortis have?

As of Mar 31, 2026, the latest employee count at Fortis is 653.

Is Fortis a funded company?

Fortis is a funded company, having raised an undisclosed amount across 2 funding rounds to date. The company's 1st funding round was a $***** PE round, raised on Dec 17, 2019.

When was the latest funding round of Fortis?

Fortis' latest funding was a $***** PE round on Mar 11, 2025, with participation from 2 investors.

Where does Fortis rank among its competitors?

Fortis ranks 8th amongst 49 active competitors, of which 10 are funded. It stands 9th in terms of total funding among its competitors. The most recent competitor to raise funding was Natural, which secured $9.8M in Oct, 2025.

Who are the top competitors of Fortis?

Fortis' top competitors include Fiserv, Arcus and Volante Tech. Among them, Natural secured the most recent funding round in October, 2025.

Fortis - 2026 Company Profile, Funding & Competitors

Company Details

Website: fortispay.com
Social

Key Metrics

Founded Year

2010

Location

Novi, United States

Stage

Late Stage

Latest Funding Round

PE, Mar 11, 2025, $*****

Investors

Lovell Minnick Partners & 1 more

Ranked

8^th among 49 active competitors

Employee Count

653 as on Mar 31, 2026

Investment & Acquisitions

Serve First Solutions & 3 more

Similar Companies

Fiserv & 167 more

View Fortis' full profile

Fortis is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
FORTIS PAYMENT SYSTEMS LLC CIN: 273375894 , United States, Active	Dec 31, 1999	-	269 (As on Dec 31, 2024)	-
Fortis Payment Systems, LLC CIN: 20211451675 , United States, Active	May 12, 2021	-	-	-

Fortis has raised funding over 2 rounds. Its first funding round was on Dec 17, 2019. Its latest funding round was a PE round on Mar 11, 2025 for $*****. 2 investors participated in its latest round. Fortis has 2 institutional investors.

Here is the list of recent funding rounds of Fortis:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 11, 2025	4245506	PE	7093960	6044710	1008914	9314213
Dec 17, 2019	2768724	PE	9510754	8632057	Lovell Minnick Partners	2329280

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Fortis' employee count trend

Fortis has 653 employees as of Mar 26. Here is Fortis's employee count trend over the years:

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Top competitors of Fortis include Fiserv, Arcus and Volante Tech. Here is the list of Top 10 competitors of Fortis, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Fiserv 1984, Milwaukee (United States), Public	Provider of technology and services to the financial services industry	-	ValueAct Capital, Draper Esprit & 4 others	77/100
2nd	Arcus 2013, New York City (United States), Acquired	Payment-as-a-service-solutions for merchants	$9.73M	Citi Ventures, IGNIA & 39 others	70/100
3rd	Volante Tech 2001, Jersey City (United States), Series C	Payment facilitation solutions for financial institutions	$116M	Sixth Street, BNY Mellon & 11 others	69/100
4th	Sola 1996, Brooklyn (United States), Late Stage	Provider of integrated payment processing solutions for businesses	-	H.I.G. Growth Partners, PSG & 2 others	56/100
5th	Infinicept 2014, Denver (United States), Series A	Payment facilitator solutions for merchants	$23.2M	Mastercard, MissionOG & 3 others	54/100
6th	Payrix 2015, Hollywood (United States), Acquired	Payment facilitation platform for businesses	$72M	PSG, Blue Star Innovation Partners	53/100
7th	Datacap Systems 1983, Chalfont (United States), Unfunded	POS and mPOS software solutions for businesses	-	-	46/100
8th	Fortis 2010, Novi (United States), Late Stage	Payment facilitation solutions for businesses	-	Audax Private Equity, Lovell Minnick Partners	45/100
9th	BHMI 1986, Omaha (United States), Unfunded	Financial products and services for processing payments	-	-	44/100
10th	Natural 2025, San Francisco (United States), Seed	Developer of payment processing solutions for interactions between agents and businesses	$9.8M	Abstract Ventures, Human Capital & 11 others	42/100

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Fortis has not made any investments yet. Fortis has made 4 acquisitions.

Here is the list of latest three $acquisitions:

Filter this list

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Jul 29, 2025	Acquisition	Serve First Solutions	2002	Los Alamitos (United States)
Jun 22, 2023	Acquisition	Smart Pay	2014	Santa Barbara (United States)
Nov 15, 2022	Acquisition	Payment Logistics	2003	San Diego (United States)