# Forage: Financial services, San Francisco, United States

> Forage: Forage is a financial technology company based in San Francisco, California, founded between 2019 and 2020. Based in San Francisco, United States.

Source: https://millionrounds.com/startup/forage-3 (Millionrounds; every figure on the page links to its filing or article)

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

# Forage

Forage is a financial technology company based in San Francisco, California, founded between 2019 and 2020.

Funding reported Last round: Series A

Financial services San Francisco, United States

Company summary

- **Founded:** 2020 6 years old
- **Team:** 65 51 to 200 people
- **Funding reported:** $22M in dollars
- **Last round:** Series A Aug 2022

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Forage has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About Forage

Forage is a financial technology company based in San Francisco, California, founded between 2019 and 2020.

The company focuses on providing payments infrastructure that allows retail merchants to accept government benefits, specifically SNAP EBT and EBT Cash, through a unified API. Forage is USDA-approved as a third-party payment processor, enabling the authentication and processing of EBT transactions both online and in-store. The services offered by Forage include a unified API for EBT payments, online and in-store EBT payment solutions, and a consumer-facing app that helps shoppers access grocery savings using EBT. The company aims to democratize access to food for the 42 million Americans who receive government assistance, partnering with retail merchants, grocery operators, and government agencies to facilitate EBT transactions.

## What company datasets say Forage raised

Funding, as reported

Reported in all **$22M** in dollars

Rounds **3**

Last round **Series A**

Last round size **$40M**

Last round date **Aug 2022**

Investors listed **8**

Y Combinator **S21**

## On 6 portfolio pages

Investors who name them

- [Nyca Partners](https://millionrounds.com/fund/nyca-partners)
- [Activant Capital](https://millionrounds.com/fund/activant-capital)
- [Mouro Capital](https://millionrounds.com/fund/mouro-capital)
- [Equal Opportunity Ventures](https://millionrounds.com/fund/equal-opportunity-ventures)
- [Blue Dot Investors](https://millionrounds.com/fund/blue-dot-investors)
- [Golden Wok](https://millionrounds.com/fund/golden-wok)

Each firm lists Forage on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

## The company, in detail

What they build

Known for

government benefits infrastructure digital payments consumers reserve rapid certification computer & network security usda-approved sdks fraud protection information technology & services financial services finance secure checkout cloud-based payments api integration payment processing

Built with from their website

Prisma Google Tag Manager YouTube Google Workspace Viewport Meta LinkedIn Ads CSS Vite Mimecast PostgreSQL

+8 more

AI Google Meet Svelte Priority Hints React Google Font API Mobile Friendly Greenhouse

- **Sector:** Financial services
- **Industry code:** NAICS 522320, 541512, SIC 7389
- **Region:** California
- **Revenue:** $1.5M a year, as listed
- **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/forage-280f849a83)

## Financial services in United States

Startups like it

- [**Kalshi** New York · founded 2019 *Raised*](https://millionrounds.com/company/kalshi)
- [**Temporal** founded 2022 *Raised*](https://millionrounds.com/company/temporal)
- [**Vestwell** New York · founded 2016 *Raised*](https://millionrounds.com/company/vestwell)
- [**C2FO** Kansas City · founded 2008 *Raised*](https://millionrounds.com/company/c2fo)
- [**Yieldstreet** New York · founded 2015 *Raised*](https://millionrounds.com/company/yieldstreet)
- [**Flutterwave** San Francisco · founded 2016 *Raised*](https://millionrounds.com/company/flutterwave)
- [**Corgi** San Francisco · founded 2024 *Raised*](https://millionrounds.com/company/corgi)
- [**Alpaca** San Mateo · founded 2017 *Raised*](https://millionrounds.com/company/alpaca)

## Is this your company?

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