Forto raised a $250 million Series D investment round led by Texas investment firm Disruptive.

Forto, a Berlin, Germany-based SAAS developer for freight business, announced that it raised a new financing tranche, a series D an equity round closed at $250 million.

The money was raised from investors led by Texas investment firm Disruptive, joined by Softbank, G Squared, Northzone, Unbound and A.P. Moeller Holding.

Forto, founded in 2016 as FreightHub by Ferry Heilemann, Erik Muttersbach, Michael Wax (CEO) and Fabian Heilemann, is a digital freight service and supply chain management provider, offering transport services for sea, air and rail freight, built on digitized processes. The company employs 500 people based in offices in Berlin, Copenhagen, Hamburg, Ho Chi Minh City, Singapore, Hong Kong, and Shanghai.

Forto previously raised $240 million in 2021 and another $50 million from Cherry Ventures, Northzone, Inven Capital, Cavalry Ventures and Maersk Growth in 2020. In total, the company was funded with more than $340 million by VC money.