# Forward funding: rounds and investors > Forward has raised $117M across 3 rounds since 2023. Investors include SV Angel, Khosla Ventures and Founders Fund. Every round with its source. Source: https://millionrounds.com/company/forward (Millionrounds; every figure on the page links to its filing or article) United States · [Funded startup](https://millionrounds.com/companies) # Who invested in *Forward* 3 rounds we have observed, with the 10 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it. AI Raised 7 months ago Funding summary Updated 26 Oct 2026 **$117M** raised across 3 rounds since 2023, from 3 sources **$100M** Series E **$16M** Seed **$1.3M** Debt - **Latest round:** Debt, $1.3M Apr 2026 - **Biggest round:** $100M Series E · Nov 2023 - **Investors:** 10 See who backed them ## The funding story Each circle is a round, placed by date and sized by amount. The line above is the running total. 2024 2025 2026 **$100M** Series E **$16M** Seed **$1.3M** Debt - **First round:** Series E, $100M - **Biggest round:** $100M - **Usual gap between rounds:** 23 months ## The rounds - **Apr 2026** Debt **$1.3M** *4 new* [Mitsubishi UFJ Capital](https://millionrounds.com/fund/mitsubishi-ufj-capital-co-ltd) [Japan Finance Corporation](https://millionrounds.com/fund/japan-finance-corporation) [Nissay Capital](https://millionrounds.com/fund/nissay-capital) [Mizuho Corporate Bank](https://millionrounds.com/fund/mizuho-corporate-bank) Source recorded - **May 2024** Seed **$16M** *1 new* [Commerce Ventures](https://millionrounds.com/fund/commerce-ventures) Source recorded - **Nov 2023** Series E **$100M** *5 new* [SV Angel](https://millionrounds.com/fund/sv-angel) [Khosla Ventures](https://millionrounds.com/fund/khosla-ventures) [Founders Fund](https://millionrounds.com/fund/founders-fund) [First Round Capital](https://millionrounds.com/fund/first-round-capital) [Samsung Next](https://millionrounds.com/fund/samsung-next) Source recorded ## Who was in which round The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led. **Series E** 2023 **Seed** 2024 **Debt** 2026 [SV Angel](https://millionrounds.com/fund/sv-angel) [Khosla Ventures](https://millionrounds.com/fund/khosla-ventures) [Founders Fund](https://millionrounds.com/fund/founders-fund) [First Round Capital](https://millionrounds.com/fund/first-round-capital) [Mitsubishi UFJ Capital](https://millionrounds.com/fund/mitsubishi-ufj-capital-co-ltd) [Samsung Next](https://millionrounds.com/fund/samsung-next) [Japan Finance Corporation](https://millionrounds.com/fund/japan-finance-corporation) [Nissay Capital](https://millionrounds.com/fund/nissay-capital) [Mizuho Corporate Bank](https://millionrounds.com/fund/mizuho-corporate-bank) [Commerce Ventures](https://millionrounds.com/fund/commerce-ventures) ## The exit Exit Buyer Price When Acquired [Salient Partners](https://millionrounds.com/fund/salient-partners) undisclosed Feb 2015 From historical deal records. Wrong? [Tell us](https://millionrounds.com/corrections?slug=forward). ## Everyone who backed them [SV Angel](https://millionrounds.com/fund/sv-angel) VC firm **1** round [Khosla Ventures](https://millionrounds.com/fund/khosla-ventures) VC firm **1** round [Founders Fund](https://millionrounds.com/fund/founders-fund) VC firm **1** round [First Round Capital](https://millionrounds.com/fund/first-round-capital) VC firm **1** round [Mitsubishi UFJ Capital](https://millionrounds.com/fund/mitsubishi-ufj-capital-co-ltd) VC firm **1** round [Samsung Next](https://millionrounds.com/fund/samsung-next) Corporate VC **1** round [Japan Finance Corporation](https://millionrounds.com/fund/japan-finance-corporation) Investment firm **1** round [Nissay Capital](https://millionrounds.com/fund/nissay-capital) VC firm **1** round [Mizuho Corporate Bank](https://millionrounds.com/fund/mizuho-corporate-bank) VC firm **1** round [Commerce Ventures](https://millionrounds.com/fund/commerce-ventures) VC firm **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=forward). ## Quick answers about Forward ### Who invested in Forward? Forward's investors include SV Angel, Khosla Ventures, Founders Fund, First Round Capital and Mitsubishi UFJ Capital, and 5 more on record. ### How much has Forward raised? Forward has raised $117M across 3 rounds since 2023. ### When did Forward last raise? Forward's most recent round was a Debt of $1.3M in Apr 2026. ### What was Forward's biggest round? Forward's largest round on record is $100M (Series E), in Nov 2023. ### Who backed Forward first? Forward's first round on record, in Nov 2023, was backed by SV Angel, Khosla Ventures and Founders Fund and 2 others. ### What stage is Forward at? Forward's latest named round is a Debt, in Apr 2026. ### Where is Forward based? Forward is based in the United States. ## Companies like Forward In the same sector, and raised in the last eighteen months. [**SpaceX** $42B · Oct 2026](https://millionrounds.com/company/spacex)[**xPay** $1.5M · Oct 2026](https://millionrounds.com/company/xpay)[**Albert Invent** $20M · Oct 2026](https://millionrounds.com/company/albert-invent)[**FORT Robotics** $39M · Oct 2026](https://millionrounds.com/company/fort-robotics)[**Pika** $216M · Oct 2026](https://millionrounds.com/company/pika)[**Vertical Semiconductor** $84M · Oct 2026](https://millionrounds.com/company/vertical-semiconductor) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app