Forter

Forter

Fraud prevention and identity protection services

About Forter

Simplify's Rating
Why Forter is rated
B+
Rated A on Competitive Edge
Rated B on Growth Potential
Rated B on Differentiation

Industries

Cybersecurity

Financial Services

Company Size

501-1,000

Company Stage

Series F

Total Funding

$528M

Headquarters

New York City, New York

Founded

2013

Overview

Forter provides a range of services designed to protect online businesses from fraud and abuse. Its offerings include identity protection to prevent unauthorized access and fraudulent purchases, fraud management that allows businesses to make quick decisions to stop fraudsters, and abuse prevention to identify unauthorized resellers and coupon abusers. Additionally, Forter focuses on payment optimization to enhance trust with banks and improve transaction conversion rates while ensuring compliance with European regulations. The company also automates chargeback recovery to help businesses dispute and win claims. Unlike many competitors, Forter operates on a B2B model, charging businesses based on their size and transaction volume, and aims to enhance revenue protection and customer experience for online retailers.

Simplify Jobs

Simplify's Take

What believers are saying

  • Forter's Predictive Payment Routing could enhance transaction success rates and customer satisfaction.
  • Partnership with Chewy highlights Forter's integration capabilities with major e-commerce platforms.
  • Integration with Salesforce Commerce Cloud offers enhanced fraud prevention for enterprise retailers.

What critics are saying

  • GenAI-driven traffic increase may lead to new forms of undetected fraud.
  • Predictive Payment Routing may face challenges in accurately predicting and routing payments.
  • Growing consumer sentiment on return policy abuse could pressure Forter's abuse prevention solutions.

What makes Forter unique

  • Forter offers real-time, automated fraud prevention for online merchants.
  • The company provides a consumer-centric approach, enhancing customer experience and business growth.
  • Forter's services include identity protection, fraud management, and payment optimization.

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Funding

Total Funding

$528M

Above

Industry Average

Funded Over

6 Rounds

Series F funding comparison data is currently unavailable. We're working to provide this information soon!
Series F Funding Comparison
Coming Soon

Benefits

Health Insurance

Dental Insurance

Vision Insurance

401(k) Company Match

Home Office Stipend

Unlimited Paid Time Off

Hybrid Work Options

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

0%

2 year growth

-2%
PR Newswire
Apr 24th, 2025
68% Of Us Uk Consumers Blame Retailers For Making Returns Abuse Easy, Forter Survey Finds

As consumers become savvier and more careful with dollars amid economic shifts,retailers must strike a balance to combat policy abuseNEW YORK, April 24, 2025 /PRNewswire/ -- Forter , the Trust Platform for digital commerce, today published its report Flexible Policies, Risky Business , which explores consumer sentiment around online shopping and return habits amid growing economic pressure. The report, based on a survey of over 4,000 respondents across the U.S. and the U.K. conducted online by The Harris Poll, found that 68% of U.S. and U.K. consumers believe retailers make it easy to abuse flexible return policies

FF News
Apr 7th, 2025
Forter Launches Predictive Payment Routing Beta and Introduces GenAI Agent Detection

Today, Forter is expanding these capabilities with the beta launch of Predictive Payment Routing.

Aitech365
Mar 31st, 2025
Forter Names Jim Lejeal as CFO & Cyndy Lobb as CPO

Forter, the Trust Platform for digital commerce, announced the appointments of Jim Lejeal as chief financial officer and Cyndy Lobb as chief product officer.

Forter
Mar 19th, 2025
Key Takeaways from MRC: Fraud, CX, and the Future of Retail

Thanks to the Forter IMPACT Fund, I had the incredible opportunity to attend the 2025 Merchant Risk Council (MRC) conference in Las Vegas - the go-to event for eCommerce payments and fraud professionals.

PYMNTS
Mar 18th, 2025
Adobe Analytics: Genai Traffic To Retail Websites Doubles Every 2 Months

A growing number of consumers are finding their way to U.S. retail websites by clicking on links in generative artificial intelligence (GenAI) chat interfaces, Adobe Analytics said Monday (March 17). “While generative AI traffic remains modest compared to other channels, such as paid search or email, its growth has been notable — doubling every two months since September 2024,” Vivek Pandya, manager of Adobe Digital Insights, wrote in a Monday blog post. Between July 2024 and February, retail sites saw a 1,200% increase in traffic from GenAI sources; travel, leisure and hospitality sites saw a 1,700% increase; and banking sites saw a 1,200% increase, according to the post

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