Freight Tech Startup Forto Raises $240 Million In Softbank-Led Round

Jun 21, 2021•about 4 years ago

Amount Raised

$240 Million

Description

Berlin: Forto, a freight technology startup, has raised $240 million from SoftBank and others at a valuation of $1.2 billion.

Company Information

Company

Forto

About

Existing investors including Northzone, Cherry Ventures and Unbound also took part, Forto said. Forto says it has 2,500 clients, including Home 24 and German supermarket chain Edeka, and ships up to 10,000 containers a year by sea, rail and air.

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83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

Freight Tech Startup Forto Raises $240 Million In Softbank-Led Round

Description

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Company Information