Key facts
- Forage announced a $40 million Series B funding round.
- The funding round was led by Mouro Capital.
- Nyca Partners, PayPal Ventures, Long Journey Ventures, and Intuit also participated.
- Forage aims to help low-income families save on groceries.
Forage, a company focused on providing financial infrastructure to assist low-income families in reducing their grocery expenses, has successfully closed a $40 million Series B funding round. The investment was spearheaded by Mouro Capital, with significant contributions from other notable investors including Nyca Partners, PayPal Ventures, Long Journey Ventures, and Intuit. The company's mission is to leverage financial technology to make essential savings accessible to vulnerable populations.