What is Forte?
Forte is dedicated to establishing economic technology for the gaming sector. Its comprehensive platform facilitates the rise of community economics, a model designed to align the interests of both game developers and players. This alignment is crucial for fostering healthier and more sustainable gaming communities. The company's team comprises seasoned industry veterans from prominent organizations such as Unity, ngmoco, Riot Games, Electronic Arts, Sony, and Rockstar Games. Currently, Forte is collaborating with over 40 distinguished game developers to redefine the economics within games.
How much funding has Forte raised?
Forte has raised a total of $910M across 2 funding rounds:
Series A
$185M
Series B
$725M
Series A (2021): $185M with participation from Griffin Gaming Partners, Canaan Partners, Battery Ventures, Andreessen Horowitz, and Union Grove Venture Partners
Series B (2021): $725M led by Overwolf, Sea Capital, Animoca Brands, Kora Management, and Big Bets
Key Investors in Forte
Overwolf
Overwolf is a leading in-game user-generated content (UGC) ecosystem that empowers players, developers, and creators to enhance gaming experiences through apps, mods, and game servers. They provide tools and funding for creators to monetize their content and integrate UGC into AAA games.
Animoca Brands
Animoca Brands Corporation Ltd is a Hong Kong-based game software company and venture capital company co-founded in 2014 by Yat Siu and David Kim. The company initially focused on developing mobile games, then shifted to blockchain gaming and NFTs in 2018.
Griffin Gaming Partners
Griffin Gaming Partners is a leading venture fund dedicated exclusively to the gaming industry, managing $1.5 billion in capital. The firm invests at the intersection of content, social platforms, and software infrastructure, supporting gaming startups at all stages from Pre-Seed to Pre-IPO.
What's next for Forte?
The substantial enterprise-level funding and recent strategic investment indicate Forte is in a significant growth phase, likely scaling its operations and expanding its platform's reach. This capital infusion will enable Forte to further develop its economic technology, onboard more game developers, and solidify its position in the burgeoning market for community-driven game economies. The company's focus on aligning developer and player interests positions it for sustained success and innovation in the evolving gaming ecosystem.
See full Forte company page
