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Forterra

Aerospace and Defense · Clarksburg, MD · Founded 2002 · Privately Held (backing)

Developer of a robotic vehicle autonomy technology designed to advance the safety, security, and effectiveness of transportation and mission-critical operations. Forterra is based in Clarksburg, MD and was founded in 2002. It was valued at $1 billion at its later-stage round in Nov 2025, the last priced event on record. It has raised $556 million across 1 recorded round; the latest was a $238 million Series C in Nov 2025.

PMV mark · valuation
$1.0B
Oct 2026
Priced at
its later-stage round
Nov 2025
Total raised
$556.0M
Last round
Later Stage VC (Series C)
Nov 2025

Forterra key facts

as of Oct 2026
  • Developer of a robotic vehicle autonomy technology designed to advance the safety, security, and effectiveness of transportation and mission-critical operations.
  • Forterra is valued at approximately $1.0B as of Oct 2026, set at its later-stage round, Nov 2025; nothing has traded since, per PrivateMarketView’s mark.
  • It has raised $556.0M across 1 recorded rounds; the latest was Later Stage VC (Series C) ($238.0M) in Nov 2025.
  • Notable investors include Salesforce Ventures, United States Department of War, Friends & Family Capital, SoftBank Investment Advisers, 9Yards Capital — 33 tracked in total.
  • Status: Privately Held (backing).
PrivateMarketView mark
MEDIUM confidence
$1.0B

Valued at $1.0B at its later-stage round, Nov 2025. Nothing has traded since.

set by its last priced roundas of Oct 2026question about this number?
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Forterra funding rounds

1 rounds
Nov 2025Later Stage VC (Series C)$238.0M▮
Full funding history →

Forterra valuation

Forterra was valued at $1 billion at its later-stage round in Nov 2025. That is the last priced event on record: no secondary trade or institutional fund mark has moved the figure since.

How much has Forterra raised?

Forterra has raised $556 million in total; 1 of its rounds is on record. The largest on record was a $238 million Series C in Nov 2025.

Forterra investors

33 investors are on record for Forterra, including Salesforce Ventures, United States Department of War, Friends & Family Capital and SoftBank Investment Advisers. By type, the record holds 16 venture capital firms and 3 growth equity firms. The Series C in Nov 2025 drew 20 investors.

Comparable companies

Comparable aerospace and defense names by valuation on PrivateMarketView: Boom Supersonic ($1.6 billion), Skyryse ($1.1 billion) and Epirus ($1.1 billion).

About Forterra

Developer of a robotic vehicle autonomy technology designed to advance the safety, security, and effectiveness of transportation and mission-critical operations. The company's technology leverages artificial intelligence and self-driving software to provide path planning, adversarial autonomy, on- and off-road driving, simulation, cooperative behaviors, convoys, manned and unmanned teaming, small and large vehicle navigation, and dismount localization, enabling defense, commercial, and municipal industries to automate convoy operations.

Industry
Aerospace and Defense
Sector
Business Products and Services (B2B)
HQ
Clarksburg, MD, United States
Founded
2002
Employees
481
Ownership
Privately Held (backing)

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