# Forte Labs

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/forte-labs

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.forte.io
- Total disclosed funding: $331M
- Latest round: Series B (Aug 30, 2021)
- Investors on record: 17

## About

Based in California, US, and founded in 2018 by Brett Seyler, Josh Williams, Kent Wakeford, Kevin Chou, and Mahesh Vellanki, Forte Labs Inc. is a provider of a gaming platform that offers friendly use tools and services. In November 2021, Forte Labs Inc. raised USD 75 million in a Series B funding co-led by Kora Management and Sea Capital. As of 2021, Forte Labs Inc has raised a total of USD 910 million in funding and Josh Williams is its CEO.

Forte Labs Inc. provides economic technology that enables games developers to integrate blockchain through the help of developer funds, advocacy, and education. The company also provides gaming studios such as Unity, Riot Games, Electronic Arts, Sony, and Rockstar Games.

The company plans to gradually decentralize its platform and build the niche equivalent of Internet infrastructure. In addition, the company plans to use its proceeds from Series B funding to extend its lead in building a compliant, interoperable blockchain gaming platform.

## Funding rounds

- Series B, Aug 30, 2021, $90M — Tiger Global Management, Andreessen Horowitz, Warner Music Group Corp., Animoca Brands Corporation Limited, Overwolf Ltd., Kora Management, Playstudios, Inc., Huuuge, Inc., zVentures, Griffin Gaming Partners, Solana Capital, Sea Investment Capital, Cosmos, Polygon Studios
- Series A, May 12, 2021, $241M — Battery Ventures, Canaan Partners, Andreessen Horowitz, Union Grove Venture Partners, Griffin Gaming Partners

## Investors

- Battery Ventures (https://capitalatlas.ai/funds/battery-ventures) — Series A
- Canaan Partners (https://capitalatlas.ai/funds/canaan-partners) — Series A
- Andreessen Horowitz (https://capitalatlas.ai/funds/andreessen-horowitz) — Series A, Series B
- Union Grove Venture Partners (https://capitalatlas.ai/funds/union-grove-venture-partners) — Series A
- Griffin Gaming Partners (https://capitalatlas.ai/funds/griffin-gaming-partners) — Series A, Series B
- Tiger Global Management (https://capitalatlas.ai/funds/tiger-global-management) — Series B
- Warner Music Group Corp. — Series B
- Animoca Brands Corporation Limited — Series B
- Overwolf Ltd. — Series B
- Kora Management — Series B
- Playstudios, Inc. — Series B
- Huuuge, Inc. — Series B
- zVentures (https://capitalatlas.ai/funds/zventures) — Series B
- Solana Capital — Series B
- Sea Investment Capital (https://capitalatlas.ai/funds/sea-investment-capital) — Series B
- Cosmos — Series B
- Polygon Studios (https://capitalatlas.ai/funds/polygon-studios) — Series B