# Forward

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/forward

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.goforward.com/
- Total disclosed funding: $328M
- Latest round: Series E (Nov 15, 2023)
- Investors on record: 9

## About

Forward is a US-based company dedicated to enhancing user experiences through innovative technology solutions that integrate seamlessly across various sectors, primarily focused on urban mobility.Founded in 2016 by Erik Frey, Ilya Abyzov, Robert Sebastian, and Zach T., Forward is headquartered in San Francisco, US. The company has engaged in 8 deals, with its most recent funding round being Series E, securing USD 75.00 mn from investors such as Abu Dhabi Investment Authority and Founders Fund. The total amount raised by Forward stands at USD 75.00 mn, with a current valuation of USD 885.21 mn.Forward specializes in advanced technology platforms that enhance user experience through seamless integration and connectivity. Its core product offerings target various sectors, including transportation and logistics, focusing on optimizing operational efficiency and user engagement, primarily in North America and Europe.Forward's revenue model relies on subscription services and direct-to-consumer sales, utilizing tiered pricing plans that cater to both individual users and larger enterprises. This structure facilitates ongoing engagement while strategic partnerships with retailers enhance revenue by expanding market reach.In November 2024, Forward discontinued its operations, indicating a shift in its business trajectory. The company had been focused on future growth through innovative product launches and market expansion strategies.

## Funding rounds

- Series E, Nov 15, 2023, $75M — Founders Fund, Abu Dhabi Investment Authority, Khosla Ventures, Samsung NEXT Ventures, SB Investment Advisers, Tencent Investment
- Series D, Mar 11, 2021, $217M — Founders Fund, Khosla Ventures, SB Investment Advisers
- Series C, Feb 6, 2019, $37M — Vas Ventures, Tamar Capital
- Seed, May 25, 2016 — First Round Capital

## Investors

- First Round Capital (https://capitalatlas.ai/funds/first-round-capital) — Seed
- Vas Ventures (https://capitalatlas.ai/funds/vas-ventures) — Series C
- Tamar Capital — Series C
- Founders Fund (https://capitalatlas.ai/funds/founders-fund) — Series D, Series E
- Khosla Ventures (https://capitalatlas.ai/funds/khosla-ventures) — Series D, Series E
- SB Investment Advisers (https://capitalatlas.ai/funds/sb-investment-advisers) — Series D, Series E
- Abu Dhabi Investment Authority — Series E
- Samsung NEXT Ventures (https://capitalatlas.ai/funds/samsung-next-ventures) — Series E
- Tencent Investment — Series E