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Announced

Completed

Forter completed Series E $125m funding.

Financials

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Transaction Value£94m
Consideration TypeCash
Capital Owned-
Capital Bid For10%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Minority

Completed

Israel

Single Bidder

Friendly

IT Services: Other

e-commerce fraud prevention

Acquisition

Private

Cross Border

Private Equity

Synopsis

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Forter, e-commerce fraud prevention platform, raised $125m in a Series E funding round, boosting its valuation to more than $1.3bn. The round was led by Bessemer Venture Partners, Felix Capital Partners and Itai Tsiddon, with participation from Sequoia Capital Operations, NewView Capital Management, Scale Management, March Capital Partners and Commerce Ventures. The company will use the funding to accelerate the establishment of an ecosystem of trust across online merchants, banks and payment providers, and continue the expansion of its suite of solutions and global data network.

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