Forage
Los Angeles, California, United States
Team size: 11 - 50
Sector: Other enterprise (non-climate)
About Forage
Founders: Justin Intal, Ofek Lavian, Victor Esteban Fimbres
Founded date: 2020
Connect: joinforage.com
Company revenue: US$ 10 - 50 million
Investors: Equal Opportunity Ventures, Necessary Ventures, Nyca Partners, PayPal Ventures, Y Combinator
Company stage: Series A
Forage provides payments infrastructure for government social programs (Stripe for government-funded payments). Government distributes trillions of dollars of social benefit programs through specialized payment networks every year. We want to give the internet access to that spend through a unified API. Our first product offering helps online grocery stores accept payments from the existing $120B/year grocery subsidy (called SNAP/EBT) which >42M Americans rely on.