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Forter

Fraud prevention platform

Forter logo
501-1000 employees
  • B2B
  • Artificial Intelligence
  • Security
  • Enterprise
  • Big data
  • SaaS
  • Cyber Security
Midtown East, New York, NY

Company mission

To build trust in e-commerce by eliminating fraud for online merchants and marketplaces.

Top investors

Few candidates hear
back within 2 weeks

2% employee growth in 12 months

Our take

Forter provides new generation fraud prevention to meet the challenges faced by modern enterprise e-commerce. The system eliminates the need for rules, scores or manual reviews, making fraud prevention friction-free.

The result is fraud prevention that is invisible to buyers and empowers merchants with increased approvals, smoother checkout and the near elimination of false positives - meaning more sales and happier customers.

Behind the scenes, Forter’s machine learning technology combines advanced cyber intelligence with behavioral and identity analysis to create a multi-layered fraud detection mechanism.

The company had previously announced IPO plans, however, it has yet to move forward with this venture. Since its $300 M investment round in 2021, the company has made several acquisitions, strengthening its fraud prevention solution stack.

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Steph

Company Specialist at Welcome to the Jungle

Benefits

  • Vision & Dental Benefits
  • Fitness Subsidies
  • 25 days holiday (excl. bank holidays)
  • Work from home opportunities
  • Health insurance

Company values

  • Inclusive: By creating an environment where everyone feels they belong, we can win as one team
  • Mission-driven: We have a clear sense of purpose and are willing to go the extra mile for customers
  • Principled: When we make decisions, we do what’s right
  • Attentive: We are present and always listen first
  • Courageous: We dare to take risks and view mistakes as learning opportunities
  • Transparent: We openly share ideas, information and opinions because we trust each other

Funding (last 2 of 7 rounds)

May 2021

$300m

SERIES F

Nov 2020

$125m

SERIES E

Total funding: $528m

This company has top investors

Leadership

Alon Shemesh

(Chief Analyst)

Previously worked for 5 years at Paypal, holding various positions such as Risk Analytics Automation Manager and Manager of Decision Strategy

Liron Damri

(President)

Previously worked for 5 years at Paypal, holding various positions such as Head of Americas Analytics, Business Analytics (ARS) and Strategy and Business Development, LATAM. He served as Forter's COO until 2017

Previously VP Product and Board Member at Pango Parking for 4 years and Military Intelligence Officer at Israeli Intelligence Corps - Cyber Command for 3 years

Jobs (23)

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Software Engineering

Operations & Strategy