SCM Solutions Provider Forto Raises $240 Million
Aitechpark22 Jun, 2021Technology
New Financing Advances Momentum Towards a Highly Transparent, Frictionless, and Sustainable Digital Supply Chain Forto, the leading provider of digitized freight forwarding and supply chain solutions, today announced that it has successfully raised $240M in an investment round. The round was led by SoftBank Vision Fund 21, with participation from Citi Ventures and G Squared, and strong backing from existing investors including Northzone, Inven Capital, Cherry Ventures, and Unbound. With this round, Forto?s valuation now stands at $1.2 Billion.
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