Forage

Forage, headquartered in San Francisco, CA, with an additional office in Los Angeles, CA, operates within the fintech industry, focusing specifically on the payments sub-sector. The company was part of the Y Combinator S21 batch and has been recognized as one of the most promising fintech startups of 2023 by top investors. Forage has developed a unified API that facilitates the acceptance of government benefits, such as the Supplemental Nutrition Assistance Program (SNAP), helping over 42 million Americans buy groceries online. The company initially focused on enabling EBT SNAP payments online and continues to build financial infrastructure that empowers businesses to serve shoppers online. Forage’s efforts were acknowledged when it won the ‘Software’ category in Fast Company’s World Changing Idea 2023. The company’s Series A funding round, which raised $22M, was led by Nyca Partners with contributions from PayPal Ventures, EO Ventures, and notable angel investors like Instacart founder Apoorva Mehta and Propel co-founder Jimmy Chen. Forage is one of only three providers approved by the USDA to process EBT SNAP payments online.