How Much Did Fortify Raise?
Funding & Key Investors

Fortify, a leader in the additive manufacturing and materials science sector, has successfully secured a significant capital injection, bringing its total funding to $45.5M. This latest major strategic investment of $12.5M underscores the company's robust growth trajectory and its pivotal role in modernizing industrial production capabilities. By leveraging advanced manufacturing techniques, Fortify continues to attract high-profile backing from both venture capital firms and strategic defense-related entities, signaling strong market confidence in its proprietary technology stack.

The company's financial history reflects a steady progression from its initial Series A round in 2019 to its current status as a key player in the enterprise manufacturing landscape. This latest financing round serves as a testament to the firm's ability to scale its operations while maintaining a competitive edge in a rapidly evolving technological environment.

What is Fortify?

Fortify
ManufacturingTelecommunication EquipmentAerospace & Defense

Headquartered in Boston, Massachusetts, Fortify operates at the intersection of materials science and additive manufacturing. The company provides a full-stack solution that integrates hardware, software, and specialized materials to enable the production of high-performance parts that were previously impossible to manufacture. By focusing on the enterprise sector, Fortify addresses critical bottlenecks in industrial supply chains, offering precision and scalability that traditional manufacturing methods often lack. Its market position is bolstered by a commitment to deep-tech innovation, allowing it to serve diverse industries ranging from aerospace to defense and beyond.

How much funding has Fortify raised?

Fortify has raised a total of $45.5M across 4 funding rounds:

2019

Series A

$10M

2021

Series B

$20M

2022

Grant

$3M

2023

Other Financing Round

$12.5M

Series A (2019): $10M with participation from Neotribe, Accel, Mainspring Capital Partners, and Prelude Ventures

Series B (2021): $20M led by Prelude Ventures, Accel Partners BV, Cota Capital, and Neotribe Ventures

Grant (2022): $3M supported by U.S. Department of Energy

Other Financing Round (2023): $12.5M featuring RTX Ventures and Lockheed Martin Ventures

Key Investors in Fortify

Prelude Ventures

Prelude Ventures is an investment firm that focuses on supporting early-stage startups with significant potential to mitigate climate change across sectors including manufacturing and energy.

Cota Capital

Cota Capital is an investment firm that focuses on early-stage technology companies addressing innovative challenges in the enterprise sector, combining financial investment with deep operational expertise.

Neotribe Ventures

Neotribe Ventures is a Silicon Valley-based venture capital firm that identifies and funds entrepreneurs developing breakthrough technologies with the potential to create transformative market movements.

What's next for Fortify?

With the infusion of $12.5M, Fortify is well-positioned to accelerate its product development roadmap and expand its footprint within the global manufacturing ecosystem. The strategic nature of this capital suggests a focus on scaling production capacity and deepening partnerships with enterprise-level clients who require high-fidelity, durable components. As the company moves into its next phase of growth, it will likely prioritize the integration of its additive manufacturing platforms into broader industrial workflows, further cementing its role as a foundational technology provider for the next generation of manufacturing excellence.

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Frequently Asked Questions Regarding Fortify Financial Insights

What are the most recent funding rounds that Fortify has completed, and what were the funding rounds?
Fortify has recently completed 3 funding rounds: Other Financing Round on Jun 1, 2023, Grant on Jul 19, 2022, Series B on Mar 18, 2021.
What is the total amount of funding Fortify has raised to date?
Fortify has raised a total of $45.5M in funding to date.
How many funding rounds has Fortify completed?
Fortify has completed 3 funding rounds.
How much funding did Fortify raise in its most recent funding round?
Fortify raised $12.5M in its most recent funding round.
Who are the lead investors in Fortify's latest funding round?
The lead investor in Fortify's latest funding round was RTX Ventures. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Fortify's history?
The largest funding round in Fortify's history was $20M.
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