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Forto Announces New Investment Of $250 Million To Accelerate International Expansion And Broadening Of Product Offering

03/07/22, 9:27 AM

Forto, a leading provider of digitized freight forwarding and supply chain solutions, today announced that it has raised $250 Million in a pre-emptive Series D investment round led by Disruptive. Also participating in the round are existing investors including Softbank Vision Fund 2, G Squared, Northzone, Unbound, and A.P. Moeller Holding. The current round places the company valuation at $2.1 billion.

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Company Info

Company

Forto

Additional Info

Existing investors including Northzone, Cherry Ventures and Unbound also took part, Forto said. Forto says it has 2,500 clients, including Home 24 and German supermarket chain Edeka, and ships up to 10,000 containers a year by sea, rail and air.

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