The Series B was led by Mouro Capital, with participation from Nyca Partners, PayPal Ventures, Long Journey Ventures, Intuit Ventures, NextLadder Ventures, Pivotal Ventures, and FJ Labs. Forage also recently launched its new consumer app, a free tool that helps low-income families securely check their EBT balances and get rewarded for everyday purchases. Forage will use this new funding to scale the app and expand the company's payments infrastructure.

Forage expands financial access for low-income families. A mission-driven financial infrastructure platform, Forage makes it easy for retailers to accept benefits like SNAP, WIC, and HSA/FSA. Forage is the only USDA-approved, third-party payment processor (TPP) that combines modern software with dedicated service to guide retailers through authorization and launch.