Forte was founded in 2018 by Josh Williams, Brett Seyler, Kevin Chou, and Kent Wakeford. Forte has not officially endorsed a plan to participate in an IPO.
Forte is a blockchain technology and video game development company with a mission to incorporate NFTs into their products. Per Forge data, Forte raised $910 million in funding over 4 rounds. Their latest funding was raised on Nov 12, 2021, from a Series B round. Key investors include Kora and Giffin Gaming Partners.
These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
11/12/2021 | Series X | $90MM | $xx.xx | $2.45B | Sea Capital, Kora Management, Animoca Brands, Warner Music Group, zVentures, Cosmos, Polygon Studios, Solana Ventures, Andreessen Horowitz, Tiger Global Management | |
Price per Share
$xx.xx
Shares Outstanding
48,452,220
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
800.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Sea Capital, Kora Management, Animoca Brands, Warner Music Group, zVentures, Cosmos, Polygon Studios, Solana Ventures, Andreessen Horowitz, Tiger Global Management
|
||||||
11/12/2021 | Series B | $625MM | $xx.xx | $2.45B | Sea Capital, Kora Management, Animoca Brands, Warner Music Group, zVentures, Cosmos, Polygon Studios, Solana Ventures, Andreessen Horowitz, Tiger Global Management | |
Price per Share
$xx.xx
Shares Outstanding
336,473,755
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
800.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Sea Capital, Kora Management, Animoca Brands, Warner Music Group, zVentures, Cosmos, Polygon Studios, Solana Ventures, Andreessen Horowitz, Tiger Global Management
|
||||||
05/20/2021 | Series A-2 | $31.66MM | $xx.xx | $1.16B | Griffin Gaming Partners, Union Grove Venture Partners, Andreessen Horowitz, Battery Ventures, Canaan | |
Price per Share
$xx.xx
Shares Outstanding
80,683,983
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
800.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Griffin Gaming Partners, Union Grove Venture Partners, Andreessen Horowitz, Battery Ventures, Canaan
|
||||||
05/20/2021 | Series A-1 | $285MM | $xx.xx | $1.16B | Griffin Gaming Partners, Union Grove Venture Partners, Andreessen Horowitz, Battery Ventures, Canaan | |
Price per Share
$xx.xx
Shares Outstanding
210,534,084
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
800.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Griffin Gaming Partners, Union Grove Venture Partners, Andreessen Horowitz, Battery Ventures, Canaan
|