Forto Stock
| Valuation | $2.1B1 |
| Valuation Date | Mar 7, 2022 |
| Implied Valuation | n/a |
| Last Price | $4,112.74 |
| 52-Week High | $4,112.74 |
| 52-Week Low | $4,112.74 |
| YTD Return | +0.00% |
| 1-Year Return | +0.00% |
| 3-Year Return | n/a |
| Total Funding | $593M |
| Latest Round Amount | $250M1 |
| Latest Round | Series D |
| Funding Rounds | 6 |
| IPO Status | Unknown |
| Expected IPO Date | n/a |
| Revenue | n/a |
| Revenue Type | n/a |
| P/S Ratio | n/a |
About Forto
Forto is a European digital freight forwarder that lets businesses book and manage ocean, air and rail shipments on a software platform. It also handles tracking, documents and customs so shippers can see their cargo in one place. Forto makes money by adding a handling fee to carrier rates for those shipments and by selling FortoLabs AI software that reads logistics documents. It was founded as FreightHub in 2016 by Ferry Heilemann, Fabian Heilemann, Erik Muttersbach and Michael Wax, who previously built DailyDeal and sold it to Google.
Invest in Forto
Forto is a private company, so you can't purchase it with a regular brokerage account. However, its shares are available on Clarity (formerly Hiive).
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News
Forto expands its sustainability solutions and embeds emission reduction deeper into customer operations
Forto released its 2025 sustainability report on May 11, 2026. The company said four in ten customers used its emission-reduction options and that it cut a calculated 1,361 tonnes of CO2e via biofuel ...
FortoLabs makes AI document processing instantly accessible: Launch of “Explore LumoDoc”
FortoLabs opened a free Explore LumoDoc demo on March 26, 2026 so companies can upload logistics documents and see the AI extract data. LumoDoc is Forto's first external SaaS product for bills of ladi...
Forto Launches Agent-Based AI Platform FortoLabs
Forto launched FortoLabs, offering agent-based AI logistics software as SaaS, starting with LumoDoc for automated document processing.
Forto launches FortoLabs, a platform for AI-powered SaaS solutions tailored to logistics
On October 20, 2025 Forto launched FortoLabs, a SaaS platform that sells AI tools Forto first built for its own freight operations. The first product, LumoDoc, reads logistics documents and feeds stru...
Forto earns EcoVadis Silver Rating for sustainable commitment
On July 22, 2025 Forto said EcoVadis raised it from Bronze to Silver, placing it in the top 3 percent of transport companies scored. Forto also said total emissions fell about 14 percent in 2024.
FlashDoc by Forto: AI-Based Document Processing in Seconds
On July 1, 2025 Forto began selling FlashDoc, a generative-AI document reader it had used internally. Forto said the tool saved up to 53 minutes per shipment and reached about 95 percent extraction ac...
Forto launches “Flash by Forto” to transform global freight operations
Forto launched Flash by Forto, an AI agent that reads emails, books freight and prepares documents for operators. CEO Guillaume Petit-Perrin said the tool is meant to move the company from manual proc...
Forto 'sharpens commercial priorities' as it lays off one-third of staff
Forto reportedly laid off about 200 employees, roughly one-third of staff, while saying it was sharpening commercial priorities and using AI. The company declined to comment on personnel decisions or ...
Reports: Freight forwarder Forto looking for a buyer
FreightWaves reported on February 18, 2025 that Forto had hired Moelis to explore a merger or sale, citing The Information. Co-founder Michael Wax, who had just stepped down as CEO, told The Informati...
Forto welcomes new CEO Guillaume Petit-Perrin to lead next phase of growth
On February 11, 2025 Forto said co-founder Michael Wax stepped down as CEO and became chairman. Former CFO Guillaume Petit-Perrin, who joined in 2021 after J.P. Morgan, succeeded him.
Forto Raises $240 Million in Funding Led by SoftBank Vision Fund 2 at $1.2 Billion Valuation
Forto announced a $240 million investment round led by SoftBank Vision Fund 2 in December 2024, valuing the digital freight forwarder at $1.2 billion.
Forto Announces New Investment of $250 Million to Accelerate International Expansion and Broadening of Product Offering
On March 7, 2022 Forto announced a $250 million Series D led by Disruptive at a $2.1 billion valuation. SoftBank Vision Fund 2, G Squared, Northzone, Unbound and A.P. Moller Holding also joined, takin...
Logistics tech Forto valued at $2.1 billion after latest funding round
Reuters reported Forto's $250 million Disruptive-led round on March 7, 2022, which nearly doubled the Berlin freight-tech company's valuation to $2.1 billion in eight months.
Forto Raises $240 Million in Funding Led by SoftBank Vision Fund 2 at $1.2 Billion Valuation
On June 21, 2021 Forto raised $240 million led by SoftBank Vision Fund 2 at a $1.2 billion valuation. Citi Ventures and G Squared joined, bringing total funding to $360 million.
Digital freight forwarder Forto raises another $50M in round led by Inven Capital
On November 17, 2020 Forto raised $50 million led by Inven Capital, with Iris Capital, Maersk and existing backers also in the round. TechCrunch said the Berlin digital freight forwarder had then rais...
FreightHub, the European digital freight forwarder, collects $30M Series B
On May 2, 2019 FreightHub, later renamed Forto, raised $30 million in Series B funding led by Rider Global and Maersk Growth. Existing investors Northzone, Global Founders Capital and Cherry Ventures ...
FreightHub, a European 'digital freight forwarder', scores $20M Series A
On December 13, 2017 FreightHub raised a $20 million Series A led by Northzone. Co-founder Ferry Heilemann said the startup made money by adding a handling fee to carrier rates.