Forter Raises $300M; Valued at $3 Billion
- Forter, a NYC-based e-commerce fraud prevention company, raised $300m in Series F funding
- The round, which brought the company’s valuation at $3 Billion, was led by Tiger Global Management
- The company intends to use the funds to continue expanding its global ecosystem
- The company is a leader in e-commerce fraud prevention, processing over $250 billion in online commerce transactions and protecting more than a billion consumers globally from credit card fraud
- The company’s identity-based fraud prevention solution detects fraudulent activity in real-time, throughout all online consumer experiences
- The platform is used by Fortune 500 companies including Farfetch, Sephora, Nordstrom, Instacart, Adobe and Priceline
