When was Forward Financing founded?

Forward Financing was founded in 2012 and raised its 1st funding round 7 years after it was founded.

Where is Forward Financing located?

Forward Financing is headquartered in Boston, United States. It is registered at Boston, Massachusetts.

Who is the current CEO of Forward Financing?

Justin Bakes of Forward Financing.

How many employees does Forward Financing have?

As of May 31, 2026, the latest employee count at Forward Financing is 580.

Is Forward Financing a funded company?

Forward Financing is a funded company, having raised an undisclosed amount across 3 funding rounds to date. The company's 1st funding round was a $***** Conventional Debt round, raised on Apr 08, 2019.

When was the latest funding round of Forward Financing?

Forward Financing's latest funding was a $***** Conventional Debt round on Jun 07, 2021, with participation from 0 investor. Its primary sector is Alternative Lending. In United States, the Alternative Lending sector has seen $2.64B in funding in 2026 to date.

Where does Forward Financing rank among its competitors?

Forward Financing ranks 12th amongst 82 active competitors, of which 11 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Fora Financial, which secured $16M in Apr, 2025.

Who are the top competitors of Forward Financing?

Forward Financing's top competitors include Taulia, Kabbage and PrimeRevenue. Among them, Fora Financial secured the most recent funding round in April, 2025.

Forward Financing - 2026 Company Profile, Team, Funding & Competitors

Forward Financing is a funded company based in Boston (United States), founded in 2012. It operates as a Revenue-based financing for small businesses, providing accessible and flexible capital. Forward Financing has raised an undisclosed amount in funding. The company has 82 active competitors, including 11 funded and 8 that have exited. Its top competitors include companies like Taulia, Kabbage and PrimeRevenue.

Company Details

Revenue-based financing for small businesses, providing accessible and flexible capital. The company offers financial solutions tailored to small businesses, providing capital when traditional avenues may be limited. They focus on revenue-based financing, an innovative approach designed for the unique needs of small enterprises. The process is designed to be fast and easy, with attainable eligibility criteria and a reasonable amount of required documentation. Payments are structured as a percentage of a business's revenue, offering flexibility during fluctuating periods. The approach is transparent, providing clear and easy-to-understand information. They aim to empower small businesses with the financial opportunity they deserve, fueling their success and growth. This is a B2B service.

Website: www.forwardfinancing.com/
Social
Registered Address: Boston, Massachusetts

Key Metrics

Founded Year

2012

Location

Boston, United States

Stage

Funding Raised

Latest Funding Round

Conventional Debt, Jun 07, 2021, $*****

Ranked

12^th among 82 active competitors

Employee Count

580 as on May 31, 2026

Similar Companies

Taulia & 125 more

View Forward Financing's full profile

Forward Financing is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
FORWARD FINANCING LLC CIN: 461472077 , United States, Active	Dec 26, 999	-	202 (As on Dec 31, 2024)	-

Forward Financing has raised funding over 3 rounds. Its first funding round was on Apr 08, 2019.

Here is the list of recent funding rounds of Forward Financing:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jun 07, 2021	9851974	Conventional Debt	9314779	9947800	7880008	6533094
Jun 29, 2020	5239603	Conventional Debt	6557107	5552530	5415036	9271561
Apr 08, 2019	2079965	Conventional Debt	5927517	4856746	8158442	5079244

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View details of Forward Financing's funding rounds and investors

Forward Financing's employee count trend

Forward Financing has 580 employees as of May 26. Here is Forward Financing's employee count trend over the years:

Employee count trend for Forward Financing

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Top competitors of Forward Financing include Taulia, Kabbage and PrimeRevenue. Here is the list of Top 10 competitors of Forward Financing, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Taulia 2009, San Francisco (United States), Acquired	AI-based electronic invoicing and supply chain management solution for businesses	$220M	Trinity Ventures, Zouk Capital & 26 others	73/100
2nd	Kabbage 2009, Atlanta (United States), Acquired	Online lending platform for business loans	$321M	SoftBank Group, Reverence Capital Partners ... & 30 others	64/100
3rd	PrimeRevenue 2003, Atlanta (United States), Series C	Provider of supply chain finance solutions optimizing cash flow for buyers and suppliers	$104M	Battery Ventures, RRE Ventures & 2 others	62/100
4th	Fora Financial 2008, New York City (United States), Series A	Small business funding solutions: loans, revenue advances, lines of credit	-	Palladium Equity Partners, First Horizon National Corporation ... & 8 others	57/100
5th	C2FO 2008, Leawood (United States), Acquired	Provider of cash flow optimization and dynamic discounting solutions for businesses and vendors	$568M	Mithril, Mubadala & 20 others	55/100
6th	BFS Capital 2000, Coral Springs (United States), Series A	Direct lender for working capital loans and merchant cash advances.	$28M	Edison Partners, Ares Management & 1 others	49/100
7th	Swift Financial 2004, Wilmington (United States), Acquired	Working capital financing provider to small businesses	$116M	Sutter Hill Ventures, Khosla Ventures & 5 others	48/100
8th	Sivo 2020, San Francisco (United States), Seed	Online platform providing working capital loans for fintech companies	$125K	Y Combinator, Flucas Ventures & 5 others	45/100
9th	Sancus 2005, Reading (United Kingdom), Public	P2B business financing platform	-	Honeycomb Investment Trust	42/100
10th	Raistone New York City (United States), Seed	Provider of embedded working capital finance solutions for businesses	$15.5K	Amerant	42/100
12th	Forward Financing 2012, Boston (United States), Funding Raised	Revenue-based financing for small businesses, providing accessible and flexible capital	-	-	39/100