Forage: Funding, Investors & Team (Oct 2026)
Forage is a third-party payment processor (TPP) and a pin provider that authenticates and processes EBT recipients and transactions. Forage makes it easier for grocers to accept SNAP EBT payments online. Forage guides merchants through the USDA application process and tech integration for merchants, taking most of the burden off retailers. Forage democratizes access to government benefits and helps underserved Americans easily access their benefits online. Forage works with multiple grocers and platforms such as Shopify and Flashfood to accept SNAP EBT payments online.
Forage has raised $62.0M across 2 funding rounds on record, the most recent a Series B of $40.0M announced in Jun 2026.
That round is above the $15M median round size for Financial Services companies tracked on FundedIQ over the last two years.
Forage Company Profile and Key Stats
Latest funding round on record: Jun 2026.
Forage Funding Rounds
Forage raised $22.0M in a Series A announced in Aug 2022.
3.8 years later, a Series B of $40.0M was announced in Jun 2026.
Forage Founders and Leadership Team
Contact details for the Forage team: 2 of 2 have an email address on file.
Start 14-day free trial →Forage Funding Compared to Other Financial Services Startups
Forage's latest round of $40.0M is above the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.
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Forage Funding FAQs
What does Forage do?
Forage is a third-party payment processor (TPP) and a pin provider that authenticates and processes EBT recipients and transactions. Forage makes it easier for grocers to accept SNAP EBT payments online. Forage guides merchants through the USDA application process and tech integration for merchants, taking most of the burden off retailers. Forage democratizes access to government benefits and helps underserved Americans easily access their benefits online. Forage works with multiple grocers and platforms such as Shopify and Flashfood to accept SNAP EBT payments online.
How much funding has Forage raised?
Forage has raised $62.0M across 2 rounds on record. The most recent is a Series B of $40.0M announced in Jun 2026.
When did Forage last raise funding?
Forage's most recent funding round on record is a Series B of $40.0M, announced in Jun 2026.
Who founded Forage?
FundedIQ lists Ofek Lavian (Founder), Victor Esteban Fimbres (Founder) at Forage.
Where is Forage headquartered?
Forage is based in San Francisco, California, United States.
How many employees does Forage have?
Forage is in the 11-50 employee band.
How does Forage's funding compare to other Financial Services startups?
Forage's latest round of $40.0M is above the $15M median round size for Financial Services companies on FundedIQ across 5,751 tracked companies over the last two years.
About FundedIQ's Forage Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Forage is left off this page rather than filled in.
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