# Forward Industries funding: rounds and investors

> Forward Industries has raised $1.6B across 1 round since 2025. Investors include Multicoin Capital, Galaxy Digital and Jump Crypto. Every round with its source.

Source: https://millionrounds.com/company/forward-industries (Millionrounds; every figure on the page links to its filing or article)

United States · [Funded startup](https://millionrounds.com/companies)

# 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

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Funding summary Updated 15 Nov 2026

**$1.6B** raised across 1 round since 2025, from 1 source

- **Latest round:** Round, $1.6B Oct 2025
- **Investors:** 3

See who backed them

## The rounds

- **Oct 2025** Round **$1.6B** [Multicoin Capital](https://millionrounds.com/fund/multicoin-capital) [Galaxy Digital](https://millionrounds.com/fund/galaxy-digital) [Jump Crypto](https://millionrounds.com/fund/jump-crypto) Reported by Ventureburn SEC 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.

- Sept 2025 **$1.6B** 214 investors SEC Form D
- Jan 2018 **$412K** 10 investors equity SEC Form D
- Jun 2013 **$750K** 7 investors equity, options of $1.5M offered SEC Form D

## Founders and team

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

- **Mike Pruitt** Interim Chief Executive Officer & Director
- **Garrison Yang** CMO & Head of IR
- **Mark Brazier** Chief Financial Officer
- **Ryan Navi** Chief Investment Officer
- **Georgia Quinn** General Counsel
- **Keith Johnson** Director
- **Kyle Samani** Chairman of the Board
- **Michael Ashe** Director
- **Sangita Shah** Director
- **Saurabh Sharma** Director

## Everyone who backed them

[Multicoin Capital](https://millionrounds.com/fund/multicoin-capital) VC firm **1** round

[Galaxy Digital](https://millionrounds.com/fund/galaxy-digital) Private equity **1** round

[Jump Crypto](https://millionrounds.com/fund/jump-crypto) Corporate VC **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=forward-industries).

## 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.

[DecentraNet](https://millionrounds.com/fund/decentranet) VC firm Per its own site

[Lvna Capital](https://millionrounds.com/fund/lvna-management-llc) Investor Growth, 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.

[**Databento** $197M · Nov 2026](https://millionrounds.com/company/databento)[**Torus** $739M · Nov 2026](https://millionrounds.com/company/torus)[**Marble** $75M · Nov 2026](https://millionrounds.com/company/marble)[**Alta** $116M · Nov 2026](https://millionrounds.com/company/alta)[**Uranium Digital** $23M · Nov 2026](https://millionrounds.com/company/uranium-digital)[**Omni** $244M · Nov 2026](https://millionrounds.com/company/omni)

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