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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 50%

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, Point-of-Sale

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.

Recent news

Latest coverage and updates

  • hiresAug 5, 2026

    Forward hires Amy Porter as Board of Directors.

  • hiresAug 5, 2026

    Forward hires Pranav Naik as Chief Risk, Compliance and Operations Officer.

Forward Filings

Explore SEC and related filing metadata, where available.

Forward filings preview — column headings only; records require access
TypeDateAmount OfferedAmount SoldFilingPagesDownload

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Frequently Asked Questions

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

Is Forward a public or private company?

Forward is a private company.

What is the current stock price of Forward?

Forward is a private company with no public stock price. No recent secondary market data is available.

How much is Forward worth (valuation)?

Forward's valuation is estimated at $1.3B based on funding round data.

Can I buy Forward stock?

Forward shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors. Visit https://www.caplight.com to learn more.

When was Forward's last funding round?

Forward's most recent funding round was Seed on November 15, 2023.

Who are the main investors in Forward?

Key investors in Forward include Commerce Ventures, Khosla Ventures, Elefund.

Will Forward IPO soon?

No public IPO plans have been announced for Forward.

How can I track Forward secondary market activity?

Caplight tracks bids, offers, and trades for private companies. Visit https://www.caplight.com to monitor Forward's secondary market activity and sign up for updates.

Firmographic Details

HeadquartersAustin, Texas
Employee Range27
Year Founded2022
Last FundingMay 31, 2024

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