Forage's website preview

Well Run profileThe Chase Pack · #221 of 720

Position 221

Forage

Payments API that lets grocers and delivery apps accept SNAP EBT online and in-store

Pace
4:40/kmTempo4.0
Distance
Distance Half.
Open ops roles
1
Last week
#186
Move
▼ 35
Peak
#186
Weeks in the 100
0
The Chart →
Rank and score over time
Board rank
#176#200#224#186Oct 18#214Oct 25
Pace score
02464Oct 184Oct 25

One point per Sunday re-rank, tracking since Oct 18. The lines fill in week by week.

Forage runs in the Tempo lane (4:40/km): 21 of 166. Further right = more momentum. No competitors on the board yet, so it runs alone.

Also competes with: Fiserv (EBT processing), FIS / Worldpay, Propel

Total raised
$75M (company-stated)see rounds ↓
Founded
2019
HQ
San Francisco, CA

Leadership

The problem

Retailers can't easily get USDA approval or the tech to take food-stamp payments, so low-income shoppers get shut out

What they do

Payments API that lets grocers and delivery apps accept SNAP EBT online and in-store

Traction Payments volume up 13x in a year; used at 100,000+ stores in all 50 states

Hiring trend

Open roles
8
Ops roles
1
Headcount
~55-70

Headcount ~70 (Aug 2026, LeadIQ) vs 17 at 2022 Series A; ~+30% YoY (est.); 5 of 9 open roles posted in the last 10 days

Funding

Last round
$40M
Stage
Series B
Date
Jun 2026

Led by Mouro Capital

Distance

Half · edge: hard to leave

One of only three USDA-approved online SNAP processors (with Fiserv and Worldpay) and the modern one, live on Uber Eats, DoorDash, Dollar General, Instacart and Adyen; that approval plus deep integrations is hard to copy. Still small next to the incumbents, and online SNAP depends on federal policy as enrollment declines.

Sources: Forage: $40M Series B, payments volume 13x, 100,000+ stores (Jun 2026) ↗ · WSJ Pro: Forage $40M Series B at $225M valuation despite declining SNAP enrollment (Jun 2026) ↗ · Forage and Adyen partner on SNAP EBT (Jan 2026) ↗ · Forage: 6 reasons Congress should make online SNAP permanent (Aug 2026) ↗

Last checked Oct 25, 2026

News timeline

  1. Aug 2026SNAP EBT goes live at 2,000+ Ahold Delhaize USA stores on Uber Eats joinforage.com ↗
  2. Jun 2026Raises $40M Series B led by Mouro Capital at $225M valuation prnewswire.com ↗
  3. Jan 2026Partners with Adyen to enable SNAP EBT for Adyen merchants prnewswire.com ↗
  4. Nov 2025Launches SNAP EBT on Uber Eats at 325+ Save A Lot stores prnewswire.com ↗

Funding historyTotal raised $75M (company-stated)

  1. Jun 2026Series B$40Mat $225MLed by Mouro Capital wsj.com ↗
  2. Aug 2022Series A$22Mat ~$100MLed by Nyca Partners joinforage.com ↗
  3. Dec 2021Seed (Y Combinator)$125KLed by Y Combinator linkedin.com ↗

Profile facts checked Oct 19, 2026. Every fact links to its public source.

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