Forto

Forto, formerly known as FreightHub, is a SaaS-based developer for freight business that make data-driven technology solutions and services available to the logistics industry.

Forto empowers people to make better business decisions by digitizing supply chain processes.

Forto was founded in 2016 by Ferry Heilemann, Erik Muttersbach, Michael Wax and Dr. Fabian Heilemannby. The company is headquartered in Berlin, with an office in Hamburg, Germany. Forto has 9 global offices world wide.

Forto provides groundbreaking, scalable, digital logistics technology and services that go far beyond point-to-point transportation.

Forto offers transport services for sea, air and rail freight, built on digitized processes. Through qualified and up‐to‐date data, Forto provides the basis and creates the transparency to simplify the entire process and to increase efficiency in logistics.

Forto's easy to use and intuitive platform allows our customers to optimize and, therefore, own their entire global supply chain processes.

Forto works with more than 2,000 customers worldwide, who use Forto´s solutions to manage and optimize their global supply chains. Some of their customers include Dussmann das KulturKaufhaus, Zero, Home 24, Osann, and Wünsche Group.

 

Forto is backed by The European Investment Bank (EIB), Inven Capital, Cherry Ventures, Northzone, Iris Capital, Cavalry Ventures, Maersk Growth, H14 and others. The company raised another $50M in a Series C round on Nov 17, 2020. This brings Forto's total funding to $132.5M to date.

 

 

  • Year founded: 2016
  • Funding Info: $132.5M over 6 Rounds (Latest Funding Type: Series C)
  • Yearly Revenue: NA
  • Employee Size: 201-500
  • Business Valuation: NA
  • City/Town: Berlin
  • State: Berlin
  • Country: Germany
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