Forterra
PrivateLast Round
Series C
Nov 12, 2025
Est. Valuation
$1B
Total Funding Raised
$313M
Company Overview
Forterra, formerly known as Robotic Research, is a technology company that develops autonomous driving systems for both defense and commercial applications. Founded in 2002, the company specializes in providing vehicle-agnostic autonomy kits that can be integrated into a variety of vehicles, including military trucks, commercial buses, and logistics vehicles. Its full-stack autonomous platform, AutoDrive®, is designed to operate in complex, unstructured, and GPS-denied environments. The company serves U.S. Department of Defense customers and is expanding its presence in the commercial sector, focusing on off-road and industrial applications to enhance safety and operational efficiency.
Sector
Frontier & Industrial Tech
Verticals
Defense Tech, Industrial Robotics
Business Model
B2G
Customer Profile
Government Contracts, Hardware + Subscription, Services & Consulting
AI Layer
Infrastructure
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Forterra Comps
Public and private peers based on sector, stage, and business model.
Forterra Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Series C | Nov 12, 2025 | ||||
| Series B | Sep 10, 2024 | ||||
| M&A | Mar 18, 2022 | ||||
| IPO Announced | Oct 19, 2016 | ||||
| Buyout/LBO | Mar 13, 2015 |
Key People
Founding team and executive leadership
Forterra Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| NightDragon | Series C |
| Enlightenment Capital | Series C, Series B |
| Balyasny Asset Management L.P. | Series C |
| Crescent Cove Advisors | Series B |
| XYZ Venture Capital | Series C, Series B |
| Salesforce Ventures | Series C |
| 645 Ventures | Series C |
Market signals
Structured signals derived from secondary market and firmographic data.
- Apr 30, 2026
Launched MESA, a modular autonomous vehicle platform.
- Apr 1, 2026
Launched Vektor, a software-defined communications layer for low-bandwidth environments.
Forterra Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
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Frequently Asked Questions
Common questions about Forterra's valuation, stock price, and market status.