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Fortis raised a strategic investment from Audax Private Equity and Lovell Minnick Partners to enhance its leadership in global embedded payments. This investment aims to accelerate Fortis's growth in the $100 trillion B2B payments market.

PUBLIC · FTSMar 12, 2025

Round Type

Private Equity

PlanoFinancial ServicesSoftwareGovernment And MilitaryPrivacy And SecurityFinance

Investors

Lovell Minnick PartnersAudax Private Equity

Description

Fortis has received a joint investment from Audax Private Equity and existing investor Lovell Minnick Partners to bolster its position in the payments technology sector. This capital infusion will help the company to accelerate its mission of becoming a leader in embedded commerce experiences for businesses. With the ongoing expansion in the rapidly growing B2B payments market, Fortis aims to push forward with its product roadmap and strategic acquisitions. The partnership is expected to define the future of embedded payments.

Quick answer

Fortis raised an undisclosed amount in a Private Equity round, dated March 12, 2025. Investors: Lovell Minnick Partners and Audax Private Equity. Fortis is based in Plano, Texas, United States.

How much did Fortis raise?
Fortis raised an undisclosed amount in a Private Equity round on March 12, 2025.
Who invested in Fortis?
Lovell Minnick Partners and Audax Private Equity are named as investors in this round.
What does Fortis do?
Fortis delivers comprehensive payment solutions and commerce enablement to software partners and developers, processing billions of dollars annually.
Where is Fortis based and how big is it?
Fortis is based in Plano, Texas, United States. Fundz records about 464 employees.
Who are the decision-makers at Fortis?
Fundz holds 1 contact at Fortis. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Financial Services and Government And Military around the same time

Companies in the same sectors as Fortis that raised within 45 days of this round, from Fundz verified event records.

  • Glider raised $4M (Seed) on April 17, 2025.
  • Anecdotes raised $30M (Series B) on April 8, 2025.
  • Pennylane raised $82M (Funding Round) on April 7, 2025.
  • Streamex Corp. raised $819K (Seed) on March 5, 2025.
  • Grain raised $33M (Series A) on March 5, 2025.
  • Metric raised $8.4M (Series A) on February 27, 2025.

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Company Information

Company

Fortis

Location

Plano, Texas, United States

About

Fortis delivers comprehensive payment solutions and commerce enablement to software partners and developers, processing billions of dollars annually. The company’s mission is to forge a holistic commerce experience, guiding businesses to reach uncharted growth and scale. As the solution of choice for the future of payments, Fortis moves commerce closer to invisible with a proprietary platform that supports and strengthens the commerce and payments capabilities of software partners.

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