Forward Networks, Inc.

Santa Clara, CA · Founded 2013 · CIK 0001623872 · Software · Private

IT department management and optimization software platform

forwardtechsolutions.com →
Grants
—
No SBIR or STTR on record
Sector median: 0
Raised
$113M
5 Form D · Jan 2023
45 months since last filing
Contracts
—
No federal contracts on record
Patents
9
3 granted · 6 pending
Sector median: 0

Capital Timeline

Federal above the line · equity below · node area scaled to amount
Capital and federal award history
DateEventSourceAmount
Private capital raised· 1 of 2 same dayForm D · SEC$824,999
Private capital raised· 2 of 2 same dayForm D · SEC$11,149,993
Private capital raisedForm D · SEC$16,000,000
Private capital raisedForm D · SEC$35,000,000
Private capital raisedForm D · SEC$49,999,998
Form D · SEC

Peer position

Software · 4096 companies · ranked on federal contract value
Software companies ranked by federal contract value
#CompanyContractsDisclosed equity
1313Cloud Captain Inc.—$5.4M
1314Trendalytics Innovation Labs, Inc.—$700K
1315Driven Capital Corp.—$21K
1316Forward Networks, Inc.—$113M
1317Level Ten Products, Inc.—$110K
1318Municipal Parking Services, Inc.—$19M
1319VCharge Inc.—$2.7M

Ranked on federal contract value rather than capital raised. The equity column is the comparison worth making — companies at the same procurement position often sit at very different points in their funding history.

Founders & Team

From Form D filings · 7 related persons
  • David EricksonDirector · Executive Officer
  • Nikhil HandigolExecutive Officer
  • Brandon HellerDirector · Executive Officer
  • Victor HwangDirector
  • L. William KrauseDirector
  • Joshua MatheusDirector
  • Andreas StavropoulosDirector

Patents

USPTO · 3 granted of 9