Corporate information
Official name
Forte Labs Inc
Also known as
Forte
Company type
Economic technology for video games.Overview
Forte is building economic technology for games. Its end-to-end platform enables the emergence of community economics, a system where the interests of game developers and players are aligned, leading to healthier, sustainable game communities. The team is composed of longtime industry members (Unity, ngmoco, Riot Games, Electronic Arts, Sony, and Rockstar Games, among others), and is currently working with over 20 acclaimed game developers from across the industry to reimagine the economics of games.
Funding rounds
Series A USD 185,000,000
USD 185,000,000 ( ) at USD 1,000,000,000 pre-money valuation
Funding "to accelerate development of its economic technology which lets developers easily create NFTs and FTs, and build scalable token-based video game economies".
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
|
Griffin Gaming Partners | One of the world’s largest venture funds focused exclusively on gaming, | Initial investment. Led the round. | |
|
a16zcrypto | The blockchain-focused investment arm of Andreessen Horowitz. | Initial investment. | |
|
Battery Ventures LP | Venture capital firm | Initial investment. | |
|
Canaan Partners | Venture capital firm with a focus on early stage technology and healthcare companies | Initial investment. | |
|
Union Grove Venture Partners | Initial investment. |
Investment activity status
Active investor
Team
| Employee | Position | |||
|---|---|---|---|---|
| Kaiser Hwang | [email protected] |