Estonia · 
Who invested in Fortumo?
Fortumo's investors include Intel Capital and Greycroft.
Estonia · Series A startup
Who invested in Fortumo
Funding summaryUpdated 26 Oct 2026
$10Mraised across 1 round since 2013, from 1 source
- Latest round
- Series A, $10MFeb 2013
- Investors
- 2
The rounds
- Feb 2013Series A$10M
Reported by techcrunch.comSEC filing: $3.2M sold, first sale Dec 2012
Founders and team
From Fortumo's own website: 9 on the team.
- David OliverChief HR Officer
- Karim AhmadChief Technology Officer
- Keegan FlaniganChief Banking & Treasury
- Leila KassnerChief Commercial Officer
- Liam MulvihillChief HR Officer
- Paul JarrettChief Data & AI Officer
- Peter KleinChief Product Officer
- Rob WhittickChief Operating Officer
- Stuart NealChief Financial Officer
Everyone who backed them
Missing a round, or an investor who was in one? Tell us.
Also claim to have backed them
This firm lists Fortumo as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.
Quick answers about Fortumo
How much has Fortumo raised?
Fortumo has raised $10M across 1 round since 2013.
When did Fortumo last raise?
Fortumo's most recent round was a Series A of $10M in Feb 2013.
What was Fortumo's biggest round?
Its most recent round, $10M in Feb 2013, is also its largest on record.
Who backed Fortumo first?
Fortumo's first round on record, in Feb 2013, was backed by Intel Capital and Greycroft.
What stage is Fortumo at?
Fortumo's latest named round is a Series A, in Feb 2013.
Where is Fortumo based?
Fortumo is based in Estonia.
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In the same sector, and raised in the last eighteen months.
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