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Founded Year

2016

Stage

Series D - II | Alive

Total Raised

$615.83M

Valuation

$0000 

Last Raised

$250M | 3 yrs ago

Mosaic Score
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

-67 points in the past 30 days

About Forto

Forto focuses on digital logistics and freight forwarding in the supply chain industry. The company offers services such as sea, air, and rail freight, along with additional services like customs clearance, buyer's consolidation, pre-and-on-carriage, and insurance. Its services are designed to optimize logistics processes and supply chain decisions, providing customers with greater visibility, insight, and control over their supply chain activities. Forto was formerly known as FreightHub. It was founded in 2016 and is based in Berlin, Germany.

Headquarters Location

Schönhauser Allee 9

Berlin, 10119,

Germany

+49(0)30-31196044

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ESPs containing Forto

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

EXECUTION STRENGTH ➡MARKET STRENGTH ➡LEADERHIGHFLIEROUTPERFORMERCHALLENGER
Enterprise Tech / Supply Chain & Procurement

The digital freight forwarding market helps shippers manage the end-to-end shipment of freight around the world. These providers offer solutions for automated booking, streamlined pricing, real-time shipment tracking, enhanced inventory visibility, and improved stakeholder communication. Platforms may also use artificial intelligence and machine learning to automate previously manual tasks.

Forto named as Leader among 15 other companies, including The Maersk Group, Kuehne + Nagel, and DSV.

Forto's Products & Differentiators

    International logistics, including Ocean, Air and Rail products

    Forto customers enjoy a complete logistics service offer that includes ocean, air and rail freight options for import and export trade flows. Whether they ship a single box, a full container or a complete plane or train, Forto can help them find the best transport mode for their cargo.

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Research containing Forto

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Forto in 3 CB Insights research briefs, most recently on Mar 21, 2024.

Expert Collections containing Forto

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Forto is included in 2 Expert Collections, including Supply Chain & Logistics Tech.

S

Supply Chain & Logistics Tech

5,567 items

Companies offering technology-driven solutions that serve the supply chain & logistics space (e.g. shipping, inventory mgmt, last mile, trucking).

U

Unicorns- Billion Dollar Startups

1,249 items

Latest Forto News

Plato Raises $6.5M in Pre-Seed Funding

Nov 4, 2024

Plato , a Berlin, Germany-based AI-powered platform for ERP processes in wholesale, raised $6.5M in Pre-Seed funding. The round was led by Cherry Ventures alongside angels from Microsoft, SAP, Celonis, Personio and Forto. The company intends to use the funds to further invest in its platform and team. With the additional capital, they will make targeted investments in the AI team and accelerate product development to further expand AI solutions. Founded by Benedikt Nolte, Matthias Heinrich and Oliver Birch, Plato is developing an AI-powered platform to automate ERP processes in wholesale which provides customers with a comprehensive overview of their sales activities, highlights sales opportunities and automates administrative processes. Plato offers an AI-powered platform that integrates sales intelligence and workflow automation to make sales teams more efficient, reduce manual tasks and unlock revenue opportunities. FinSMEs

Forto Frequently Asked Questions (FAQ)

  • When was Forto founded?

    Forto was founded in 2016.

  • Where is Forto's headquarters?

    Forto's headquarters is located at Schönhauser Allee 9, Berlin.

  • What is Forto's latest funding round?

    Forto's latest funding round is Series D - II.

  • How much did Forto raise?

    Forto raised a total of $615.83M.

  • Who are the investors of Forto?

    Investors of Forto include Northzone, Unbound, SoftBank, G Squared, Disruptive Technologies Venture Capital and 19 more.

  • Who are Forto's competitors?

    Competitors of Forto include SHIPSTA and 5 more.

  • What products does Forto offer?

    Forto's products include International logistics, including Ocean, Air and Rail products and 2 more.

  • Who are Forto's customers?

    Customers of Forto include Home24, Zero and BORBET Vertriebs GmbH.

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Compare Forto to Competitors

Flexport Logo
Flexport

Flexport is a technology-driven company that focuses on logistics and supply chains. The company offers a range of services, including logistics management, transportation, customs brokerage, and various freight services, all aimed at simplifying and optimizing supply chain operations. Its primary customers span across various sectors, including e-commerce, global brands, and nonprofits. It was founded in 2013 and is based in San Francisco, California.

Sennder Logo
Sennder

Sennder operates as a digital road freight forwarder specializing in full truckload (FTL) services within the logistics and transportation industry. The company connects large commercial shippers with small freight carriers, offering a platform that automates, and provides transparency for the road freight market. Sennder's services include booking, live tracking of shipments, and logistics management solutions that integrate with shippers' existing systems. It was founded in 2015 and is based in Berlin, Germany.

Beacon Logo
Beacon

Beacon specializes in supply chain visibility and collaboration within the logistics and supply chain management domain. The company offers a platform that integrates real-time tracking of sea, air, and road freight, along with tools for sharing logistics documents, managing emissions reporting, and facilitating stakeholder collaboration. Beacon's software is designed to streamline the process of tracking shipments, managing risks, and improving supply chain performance without the need for multiple tracking portals or extensive manual coordination. It was founded in 2018 and is based in London, England.

P
Porth

Porth is a technology company focused on the logistics and supply chain industry. The company offers a platform that allows businesses to automate, unify, and have real-time visibility of their global trade operations, including tracking shipments, sharing documents, and facilitating communication and collaboration within the supply chain. Porth primarily serves import companies and businesses involved in international trade. It was founded in 2020 and is based in Jalisco, Mexico.

FourKites Logo
FourKites

FourKites specializes in supply chain intelligence and offers a platform that provides real-time visibility and execution across various transportation modes. The company's services include tracking multimodal shipments, optimizing inbound logistics, providing order lifecycle insights, managing inventory, and innovating yard logistics. FourKites serves a diverse range of sectors, including food and beverage, retail, consumer packaged goods, chemicals, oil and gas, manufacturing, and pharmaceuticals. It was founded in 2014 and is based in Chicago, Illinois.

Nowports Logo
Nowports

Nowports operates as a digital freight forwarder in logistics and technology. The company offers services that centralize international trade operations using digital and financial tools, providing secure and efficient cargo shipping solutions. Its primary offerings include cargo export and import, cargo and container insurance, and flexible financial options. It was founded in 2018 and is based in Monterrey, Mexico.

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