United States · Funded startup

Who invested in Forward Industries

One round we have observed, with the 3 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Web3 & Crypto

Funding summaryUpdated 15 Nov 2026

$1.6Braised across 1 round since 2025, from 1 source

Latest round
Round, $1.6BOct 2025
Investors
3
See who backed them

The rounds

  1. Oct 2025
    Round$1.6B

    Reported by VentureburnSEC filing: $1.6B sold, first sale Sept 2025

Funding filed with regulators

Forward Industries filed 3 raises, $1.7B in all. Filings say how much was sold and to how many investors; they never name the investors.

  1. Sept 2025$1.6B214 investorsSEC Form D
  2. Jan 2018$412K10 investorsequitySEC Form D
  3. Jun 2013$750K7 investorsequity, optionsof $1.5M offeredSEC Form D

Founders and team

From Forward Industries's own website: 10 on the team.

  • Mike PruittInterim Chief Executive Officer & Director
  • Garrison YangCMO & Head of IR
  • Mark BrazierChief Financial Officer
  • Ryan NaviChief Investment Officer
  • Georgia QuinnGeneral Counsel
  • Keith JohnsonDirector
  • Kyle SamaniChairman of the Board
  • Michael AsheDirector
  • Sangita ShahDirector
  • Saurabh SharmaDirector

Everyone who backed them

Multicoin CapitalVC firm1round
Galaxy DigitalPrivate equity1round
Jump CryptoCorporate VC1round

Missing a round, or an investor who was in one? Tell us.

Also claim to have backed them

These 2 firms list Forward Industries as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

DecentraNetVC firmPer its own site
Lvna CapitalInvestorGrowth, per its site

Quick answers about Forward Industries

Who invested in Forward Industries?

Forward Industries's investors include Multicoin Capital, Galaxy Digital and Jump Crypto.

How much has Forward Industries raised?

Forward Industries has raised $1.6B across 1 round since 2025.

When did Forward Industries last raise?

Forward Industries's most recent round was an Undisclosed round of $1.6B in Oct 2025.

What was Forward Industries's biggest round?

Its most recent round, $1.6B in Oct 2025, is also its largest on record.

Who backed Forward Industries first?

Forward Industries's first round on record, in Oct 2025, was backed by Multicoin Capital, Galaxy Digital and Jump Crypto.

What stage is Forward Industries at?

Forward Industries's latest named round is an Undisclosed round, in Oct 2025.

Where is Forward Industries based?

Forward Industries is based in the United States.

Companies like Forward Industries

In the same sector, and raised in the last eighteen months.

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