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, a financial infrastructure platform focused on helping low-income families save on groceries, has secured $40 million in a Series B funding round. The round was led by Mouro Capital and included participation from Nyca Partners, PayPal Ventures, Long Journey Ventures, and Intuit.
This funding round indicates continued investor confidence in fintech solutions aimed at addressing food insecurity and improving financial accessibility for low-income households.
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.
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