Forto: Funding, Investors & Team (Sep 2026)
Forto was founded in Berlin in 2016 under the name FreightHub by Erik Muttersbach and Michael Wax. The company develops groundbreaking, scalable, digital logistics technology and services that go beyond transportation from point A to point B. The easy to use and intuitive platform allows their customers to optimize and, therefore, own their entire global supply chain processes. With over 2,000 customers and 9 global offices, Forto currently employs 200+ people. They are passionate about global trade, and aim to increase global prosperity while driving sustainability. Forto is a brand of FreightHub GmbH.
Forto has raised $540M across 3 funding rounds on record, the most recent a Series D of $250M announced in Mar 2022.
That round is above the $3.5M median round size for Software companies tracked on FundedIQ over the last two years.
Forto Company Profile and Key Stats
Latest funding round on record: Mar 2022.
Forto Funding Rounds
Forto raised $50.0M in an undisclosed round announced in Nov 2020.
7 months later, an undisclosed round of $240M was announced in Jun 2021.
9 months later, a Series D of $250M was announced in Mar 2022.
Forto Founders and Leadership Team
Contact details for the Forto team: 2 of 2 have an email address on file.
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Forto's latest round of $250M is above the median round in Software. Medians cover the last 24 months of disclosed rounds.
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Forto Funding FAQs
What does Forto do?
Forto was founded in Berlin in 2016 under the name FreightHub by Erik Muttersbach and Michael Wax. The company develops groundbreaking, scalable, digital logistics technology and services that go beyond transportation from point A to point B. The easy to use and intuitive platform allows their customers to optimize and, therefore, own their entire global supply chain processes. With over 2,000 customers and 9 global offices, Forto currently employs 200+ people. They are passionate about global trade, and aim to increase global prosperity while driving sustainability. Forto is a brand of FreightHub GmbH.
How much funding has Forto raised?
Forto has raised $540M across 3 rounds on record. The most recent is a Series D of $250M announced in Mar 2022.
When did Forto last raise funding?
Forto's most recent funding round on record is a Series D of $250M, announced in Mar 2022.
Who is the CEO of Forto?
Michael Ardelt is listed as CEO at Forto.
Where is Forto headquartered?
Forto is based in Berlin, Germany.
How many employees does Forto have?
Forto is in the 501-1000 employee band.
How does Forto's funding compare to other Software startups?
Forto's latest round of $250M is above the $3.5M median round size for Software companies on FundedIQ across 950 tracked companies over the last two years.
About FundedIQ's Forto 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 Forto is left off this page rather than filled in.
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