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Forward

Forward

Private
Austin, TexasFinTechhttps://www.getfwd.com/

Last Round

Seed

May 31, 2024

Est. Valuation

$1B

Total Funding Raised

$241M

Momentum

Top 25%

of companies Caplight tracks

Company Overview

Forward is a fintech company that provides a software-embedded platform that enhances payment processing, merchant sales, and advisory services, ultimately facilitating revenue growth for businesses by simplifying customer payments.

Sector

FinTech

Verticals

Digital Payments, Vertical SaaS, Compliance & Risk

Business Model

B2B

Customer Profile

Payment Processing Fee, Revenue Share, Services & Consulting, Subscription SaaS

AI Layer

Non-AI

Keywords

PayFac-as-a-Serviceembedded paymentsPayFacpayments for SaaSpayment monetizationwhite-label paymentspayments as a servicevertical SaaS paymentspayment operationsmanaged paymentspayment APIsmerchant underwritingpayment risk management

Historical Pricing

Historical view of private secondary pricing and transaction trends.

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

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Track how buyer interest and sentiment changes over time.

Forward Comparables

Compare Forward with similar companies based on industry and business-model similarity.

Forward comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Tilled
91%
JustiFi
87%
Exact
86%

Forward Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
SeedMay 31, 2024
Series DMar 11, 2021

Key People

Founding team and executive leadership

Derek Victory

Chief Technology Officer

Executive Team

Miles Wellesley

Chief Operating Officer Chief Risk Officer

Executive Team

Forward Investors

Notable investors and investment history

Forward investors
InvestorRounds
Commerce VenturesSeed
Khosla VenturesSeries D
Founders FundSeries D
ElefundSeed

Market signals

Structured signals derived from secondary market and firmographic data.

  • Jun 22, 2026

    Open roles increased from 0 to 7, representing 24% of headcount.

  • Apr 19, 2026

    Monthly visitors increased 84% MoM, reaching 20.3K.

Forward Filings

SEC and related filings with document metadata.

Data table
TypedDateAmount OfferedAmount SoldFillingPagesDownload
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Forward Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about Forward's valuation, stock price, and market status.

Firmographic Details

HeadquartersAustin, Texas
Employee Range30
Year Founded2022
Last FundingMay 31, 2024

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