Fortis
PrivateLast Round
Private Equity
Mar 11, 2025
Est. Valuation
$850M
Company Overview
Fortis is a payment technology company that provides embedded payment solutions for software providers, marketplaces, and businesses. Founded in 2010 as FortisPay, the company rebranded in 2021 to emphasize its focus on integrating payment processing seamlessly into software platforms. Its proprietary platform enables businesses to manage payments, offering features like point-of-sale systems, online account monitoring, and business financing. Fortis has grown through numerous strategic acquisitions and is backed by private equity firms, including Lovell Minnick Partners. The company is headquartered in Novi, Michigan, and serves a diverse client base across various industries.
Sector
FinTech
Verticals
Digital Payments, Vertical SaaS, Workflow Automation, Enterprise Resource Planning, Point-of-Sale
Business Model
B2B2C
Customer Profile
Payment Processing Fee, Subscription SaaS, Services & Consulting, Hardware + Subscription
AI Layer
Non-AI
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Fortis Comps
Public and private peers based on sector, stage, and business model.
Fortis Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Private Equity | Mar 11, 2025 | ||||
| Growth Equity | Dec 17, 2019 |
Key People
Founding team and executive leadership
Fortis Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Audax Private Equity | Private Equity |
| Lovell Minnick Partners | Private Equity, Growth Equity |
Market signals
Structured signals derived from secondary market and firmographic data.
- Mar 3, 2026
Job posting suggests support for Ingenico hardware.
- Dec 17, 2025
Added Palomarr, an Aerospace & Defense startup, as a customer.
Fortis Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation |
Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation |
Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation |
Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation |
Frequently Asked Questions
Common questions about Fortis's valuation, stock price, and market status.
