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Forterra

Forterra

Private
Clarksburg, MarylandFrontier & Industrial Techhttps://www.forterra.com/

Last Round

Series C

Nov 12, 2025

Est. Valuation

$1B

Total Funding Raised

$541M

Momentum

Top 25%

of companies Caplight tracks

Company Overview

Forterra is an aerospace and defense company that develops autonomous driving systems and robotic technology for military and commercial applications.

Sector

Frontier & Industrial Tech

Verticals

Defense Tech, Autonomous Vehicles, Network Security, Edge Computing

Business Model

B2G

Customer Profile

Government Contracts, Hardware Sales, Services & Consulting

AI Layer

Application

Keywords

autonomous vehicledefense techmesh networkingGPS-denied navigationautonomous systemstactical communicationsroboticsdefense roboticsautonomous defensemission-critical networkingsensor fusiongovernment contractingdual-use technologyfielded autonomydefense contractor

Historical Pricing

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

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Forterra Comparables

Compare Forterra with similar companies based on industry and business-model similarity.

Forterra comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Anduril
77%
Overland AI
76%
Shield AI
76%

Forterra Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Series CNov 12, 2025
Series BSep 10, 2024
M&AMar 18, 2022
Series ADec 9, 2021
IPOOct 19, 2016
Buyout/LBO
Mar 13, 2015

Key People

Founding team and executive leadership

Josh Araujo

Chief Executive Officer

Executive Team

Joseph Putney

Chief Technology Officer

Executive Team

Colin Chisholm

Chief Operating Officer

Executive Team

Forterra Investors

Notable investors and investment history

Forterra investors
InvestorRounds
NightDragonSeries C
Enlightenment CapitalSeries C, Series B, Series A
Balyasny Asset Management L.P.Series C
Crescent Cove AdvisorsSeries C, Series A, Series B
XYZ Venture CapitalSeries C, Series B
Hanwha Asset ManagementSeries C
Salesforce VenturesSeries C

Market signals

Structured signals derived from secondary market and firmographic data.

  • Jun 22, 2026

    Grew 24% QoQ, from 487 to 603 employees.

  • Jun 18, 2026

    Monthly visitors increased 33% MoM, reaching 29K.

Recent news

Latest coverage and updates

  • is_developingOct 14, 2026

    Forterra and Hypercraft collaborate to produce a contested-environment-ready autonomous vehicle by integrating Forterra's AutoDrive autonomy software with Hypercraft's Razorback ground vehicle, which they first showcase in District of Columbia on Oct 14th '26.

  • attends_eventOct 14, 2026

    Forterra demonstrates the MAUL's capabilities during Project Sandhills in North Carolina from Aug 17th to Aug 28th '26 as the vehicle autonomously mine-detects and clears an area under drone attack.

  • attends_eventOct 14, 2026

    Forterra attends the Association of the U.S. Army Annual Meeting and Exposition in District of Columbia on Oct 12th '26 and shows off its contested-environment-ready autonomous vehicle.

  • launchesOct 12, 2026

    Forterra launches OASIS-OneLink, an open mission integration platform that connects autonomous vehicles and mission tools through a single operator interface, in Maryland on Oct 12th '26.

  • is_developingOct 7, 2026

    Forterra is developing the Razorback unmanned ground vehicle platform for high-risk missions in Utah and Maryland on Oct 7th '26

Forterra Filings

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Forterra filings preview — column headings only; records require access
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Frequently Asked Questions

Common questions about Forterra's valuation, stock price, and market status.

Is Forterra a public or private company?

Forterra is a private company.

What is the current stock price of Forterra?

Forterra is a private company, so its shares have no public market price. Caplight tracks Forterra's secondary market activity and provides MarketPrice™ estimates of its share price to Caplight users.

How much is Forterra worth (valuation)?

Forterra's valuation is estimated at $1.0B based on funding round data.

Can I buy Forterra stock?

Forterra shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors.

When was Forterra's last funding round?

Forterra's most recent funding round was Series C on November 12, 2025.

Who are the main investors in Forterra?

Key investors in Forterra include Enlightenment Capital, XYZ Venture Capital, Moore Strategic Ventures, Credit Suisse Group AG, Lone Star Funds.

Will Forterra IPO soon?

No public IPO plans have been announced for Forterra.

How can I track Forterra secondary market activity?

Caplight tracks bids, offers, and trades in Forterra's shares on secondary markets.

Firmographic Details

HeadquartersClarksburg, Maryland
Employee Range546
Year Founded2002
Last FundingNov 12, 2025

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