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Forage logo — Democratizing access to government benefits, starting with e...

Forage

Democratizing access to government benefits, starting with enabling EBT SNAP online and in-store.

Founded 2020 United States San Francisco, United States 54 employees Series A Total: $22.00M Financial Services, Payments

General Information

Company Name Forage
Founded Year 2020
Location United States San Francisco, United States +1
Founders / Decision Makers
Team member
Employees 54
Industries Financial Services, Payments
Funding Stage Series A
Social

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About Forage

Forage is a mission-driven payments startup founded in 2020, with the primary goal of democratizing access to government benefits. Their slogan, "Democratizing access to government benefits, starting with enabling EBT SNAP online and in-store," encapsulates their dedication to social impact. Forage helps merchants accept government benefits through a single, unified API, which is especially crucial as over 42 million Americans rely on government assistance, specifically SNAP (Supplemental Nutrition Assistance Program), to purchase groceries. Their focus on enabling EBT SNAP and EBT Cash showcases their commitment to building the financial infrastructure that empowers merchants to serve the underserved. In August 2022, Forage secured a significant $22.00M Series A investment, indicating strong investor confidence in their mission and business model. The investment came from a prominent group of backers including Equal Opportunity Ventures, NYCA Partners, Necessary Ventures, PayPal Ventures, and Apoorva Mehta. This notable funding round not only provides Forage with the necessary capital to scale but also validates the value and potential of their vision to expand access to government benefits. With their headquarters in the United States and focus on industries such as Financial Services and Payments, Forage is well-positioned to make a meaningful impact in an essential space.

Taxonomy: financial infrastructure, payments company, government benefits, EBT SNAP, mission-driven, underserved, third-party payment processor, online payments, SNAP recipients, tech integration, USDA application process, grocers, ecommerce platforms, democratizing access, merchants

Funding Rounds & Investors (3)

View All
Funding Stage Amount Investors Lead Investors Date
Series A •••••• 5
Investor Investor Investor
•••• •••• 		08 Aug 2022
Seed Round •••••• 2
Investor Investor
22 Aug 2021
Seed Round •••••• 1
Investor
01 Jan 2020

Latest News

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Fintech startup Ramp sees 32% bump in valuation, Mercury expands into consumer banking — Techcrunch
Fintech startup Ramp sees 32% bump in valuation, Mercury expands into consumer banking
Techcrunch Apr 21, 2024

Forage Alternatives & Competitors

Forage vs
The Novo Dia Group
The Novo Dia Group United States

We make acceptance of electronic benefit transfer (EBT) simple.

9 employees
Forage vs
Farm Link Hawai‘i
Farm Link Hawai‘i United States

Home delivery of fresh, high-quality local food from the best farmers, ranchers, and food makers in...

Series Unknown
15 employees
Agriculture, Consumer products
Compare Forage vs Farm Link Hawai‘i
Forage vs
mRelief
mRelief United States

Transforming access to social services.

Seed
29 employees
Compare Forage vs mRelief
Also compare with: Forage vs Pay Now Direct Pay Now Direct

FAQ About Forage

Democratizing access to government benefits, starting with enabling EBT SNAP online and in-store.
Forage was founded in 2020.
Forage is headquartered in San Francisco, United States.
Forage operates in the following industries: Financial Services, Payments.
Forage has approximately 54 employees.
Forage has completed 3 funding rounds, raising a total of $22.00M. The latest funding stage is Series A.
Top alternatives and competitors to Forage include The Novo Dia Group, Farm Link Hawai‘i, mRelief, Elite Bankcard Solutions, Pay Now Direct. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Forage and The Novo Dia Group are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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