FundedIQ
Financial Services

Forage: Funding, Investors & Team (Aug 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.

www.joinforage.com LinkedIn San Francisco, United States 11-50 employees
Financial Services Payments Transaction Processing B2B
Total raised
$62.0M
Rounds
2
Latest
Series B
Jun 2026

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 $14M median round size for Financial Services companies tracked on FundedIQ over the last two years.

Forage Company Profile and Key Stats

Total funding raised
$62.0M
across 2 rounds on record
Funding rounds on record
2
Latest funding round
Series B
$40.0M in Jun 2026
Employees
11-50
reported band
Headquarters
San Francisco, United States

Latest funding round on record: Jun 2026.

Forage Funding Rounds

Date
Round
Amount
Series B
$40.0M
Series A
$22.0M

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

Name
Role
Contact
Ofek Lavian
Founder
Locked
Victor Esteban Fimbres
Founder
Locked

Contact details for the Forage team: 2 of 2 have an email address on file.

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Forage Funding Compared to Other Financial Services Startups

Segment
Companies
Median round
29,722
$7.5M
4,289
$30M

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 $14M median round size for Financial Services companies on FundedIQ across 5,745 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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