Forage was founded by Victor E. Fimbres in 2020.

Who are Forage's investors?

Forage's investors include Activant Capital, Equal Opportunity Ventures, f7 Ventures, FJ Labs, Hustle Fund, Mouro Capital, Mucker Capital, Necessary Ventures and 12 more.

How much funding has Forage raised?

Forage has disclosed $62M raised across 2 of its 3 known rounds.

Where is Forage headquartered?

Forage is headquartered in San Francisco, US.

Forage

YC S21

San Francisco, US · Founded 2020 · 66 employees · Hiring · 23 known investors

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Forage builds payment infrastructure that connects merchants, shoppers, and the U.S. government to enable acceptance of SNAP EBT and EBT Cash payments. The platform serves retailers of all sizes seeking to accept government assistance benefits and serve low-income customers.

Also known as Forage Technology Corporation

Fintech GovTech Retail Tech SaaS PaymentsUnited States of AmericaAmerica / CanadaPartly Remote

Founders & leadership· Y Combinator alumni (S21)

Forage was founded in 2020 by Victor E. Fimbres.

Victor E. Fimbres CTOFounder of Forage, a payment infrastructure platform enabling merchants to accept SNAP EBT and EBT Cash payments. No prior background information was provided.

Mindy FarnsworthHead of People Ops

Tamara OkyereRecruiter

Danilo JoksimovicSoftware Eng Lead, Consumer

Aaron GoldsmithStaff Infra

Chris LuebckeSenior Engineering Manager

Justin IntalCEOuntil 2022

Jacob ZachsVice President, Salesformer

Salomon Serfati Founding Engineer2019–2020Founder at Chariot

Ofek LavianCOOformer

Jen KellyTechnical Recruiterformer

Ann FritzkyTalent Partnerformer

Investors · 23

Activant Capitallisted by Activant CapitalNew York · $3M – $40M

How we know: Activant Capital's portfolio page · Not right? Tell us

Equal Opportunity Ventureslisted by Equal Opportunity VenturesCambridge · $2M

How we know: the VCSheet dataset · Not right? Tell us

f7 Ventureslisted by f7 VenturesTiburon · $10K – $5M

How we know: f7 Ventures's portfolio page · the VCSheet dataset · Y Combinator's founder network · Not right? Tell us

FJ Labslisted by FJ LabsNew York · $100K – $3M

How we know: funding news · prnewswire.com · fjlabs.com · Not right? Tell us

Hustle Fundlisted by Hustle FundSan Carlos · $150K

How we know: Y Combinator's founder network · Not right? Tell us

Mouro Capitallisted by Mouro CapitalLondon · $1M – $15M

How we know: Mouro Capital's portfolio page · prnewswire.com · Y Combinator's founder network · Not right? Tell us

Mucker Capitallisted by Mucker CapitalVenice · $250K – $750K

How we know: Mucker Capital's portfolio page · Y Combinator's founder network · Not right? Tell us

Necessary Ventureslisted by Necessary VenturesSan Francisco · $1M – $2M

How we know: the VCSheet dataset · Not right? Tell us

Nycalisted by NycaNew York · $2M

How we know: Nyca's portfolio page · globenewswire.com · Not right? Tell us

Nyca Partnerslisted by Nyca PartnersNew York · $1M – $10M

How we know: Nyca Partners's portfolio page · a partner's Signal profile · funding news · prnewswire.com · Not right? Tell us

PROOFlisted by PROOFArlington

How we know: PROOF's portfolio page · Not right? Tell us

Sprint Vclisted by Sprint VcBangalore

Y Combinatorlisted by Y CombinatorSan Francisco · $500K

How we know: the Y Combinator directory · Not right? Tell us

Banana CapitalreportedSeattle · $25K – $250K

How we know: the VCSheet dataset · Y Combinator's founder network · Not right? Tell us

Liquid VenturesreportedSan Francisco · $250K – $5M

How we know: Y Combinator's founder network · Not right? Tell us

Long Journey VenturesreportedSan Francisco · $100K – $1M

How we know: funding news · prnewswire.com · Not right? Tell us

OurCrowdreportedJerusalem

How we know: Y Combinator's founder network · Not right? Tell us

PayPal VenturesreportedSan Jose · $1M – $10M

How we know: funding news · globenewswire.com · Y Combinator's founder network · Not right? Tell us

Pivotal VenturesreportedSeattle

How we know: prnewswire.com · Not right? Tell us

Purpose Built VenturesreportedLos Angeles · $500K

How we know: Y Combinator's founder network · Not right? Tell us

Also in the syndicate · 3

EO VenturesIntuit VenturesNextLadder Ventures

Funding

SEC filings, press & company announcements

$62M disclosed across 2 of 3 rounds · 2022–2026

$40MSeries BJun 2026 · 2 sources
Mouro Capital (lead), FJ Labs, Intuit Ventures, Long Journey Ventures, NextLadder Ventures, Nyca Partners, PayPal Ventures, Pivotal Ventures
Source ↗
$22MSeries AAug 2022 · 2 sources
Nyca (lead), EO Ventures, PayPal Ventures
Source ↗

Source: company announcements and press reports — follow each round's link for the claim.

The YC application· Summer 2021 batch

Alumni Q&A

What is the core problem you are solving? Why is this a big problem? What made you decide to work on it?: The founders are addressing the difficulty merchants face in accepting EBT payments both online and in stores, which affects the more than 42 million Americans who use SNAP benefits for groceries. Forage offers a single API to handle this process and widen grocery access for these shoppers.
What is your long-term vision? If you truly succeed, what will be different about the world?: The company aims for a future where access to groceries does not depend on socioeconomic status, by simplifying acceptance of government assistance payments and helping SNAP shoppers reduce grocery costs.

Summarized from the founders' answers on their Y Combinator profile.

Images

Founder mafia

2 people who came through Forage went on to found or lead other companies.

Victor E. FimbresCTOFounded Inside Sherpa Salomon SerfatiFounding EngineerFounded Chariot

Related companies · 8

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PromiseThis page is an article/essay, not a company profile page. Insufficient information to extract a reliable company description.

TRM LabsTRM Labs offers an online certification course on blockchain investigations and crypto forensics for professionals who need to trace cryptocurrency transactions across multiple blockchains. The course covers cryptocurrency essentials, financial crime risks, on-chain investigation techniques, and crypto compliance using TRM Labs' forensics tools.

Token TransitToken Transit develops fare collection technology and solutions for municipal and regional transit agencies across North America, enabling flexible and convenient rider payment systems.

Stairs FinancialStairs Financial operates a home search platform for first-time homebuyers that matches properties to individual financial situations and facilitates access to public funding programs including grants, loans, and tax incentives.

Spruce SystemsSpruceID provides digital identity systems for governments and regulated industries, enabling secure verification and authentication across legacy and modern infrastructure. The company specializes in integrating identity solutions with existing workflows, using open standards to ensure interoperability and long-term flexibility.

InstacartInstacart operates a marketplace connecting grocery retailers with customers who order food and household items for same-day delivery or in-store pickup, serving millions of households across North America through partnerships with over 350 retailers.

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Companies working in the same space as Forage.

Legal entities · 1

corporate structure

Forage Technology Corporation

In the news

Forage Raises $40M in Series B Fundingfinsmes.com · Jun 2026

Forage raises additional $40M to help low-income families save on groceriesprnewswire.com · Jun 2026

Forage Raises $22M in Series A Fundingfinsmes.com · Aug 2022

Forage Raises $22M From Nyca Partners, PayPal Ventures, and Instacart Founder to Make Online Grocery Accessible to America’s 42 Million SNAP Recipientsglobenewswire.com · Aug 2022

Frequently asked questions

What does Forage do?: Forage builds payment infrastructure that connects merchants, shoppers, and the U.S. government to enable acceptance of SNAP EBT and EBT Cash payments. The platform serves retailers of all sizes seeking to accept government assistance benefits and serve low-income customers.
Who founded Forage?: Forage was founded by Victor E. Fimbres in 2020.
Who are Forage's investors?: Forage's investors include Activant Capital, Equal Opportunity Ventures, f7 Ventures, FJ Labs, Hustle Fund, Mouro Capital, Mucker Capital, Necessary Ventures and 12 more.
How much funding has Forage raised?: Forage has disclosed $62M raised across 2 of its 3 known rounds.
Where is Forage headquartered?: Forage is headquartered in San Francisco, US.