Fenwick represented Forage, a payments processor that makes it easier for grocers to accept SNAP EBT payments online, in its $22 million Series A financing. The round was led by Nyca with participation from PayPal Ventures, EO Ventures and prominent angels, including Apoorva Mehta.
Forage will use the new capital primarily for product development and to accelerate hiring to meet high demand for the company’s solutions. More information can be obtained from the company’s announcement.
The Fenwick transaction team was led by corporate partner Patrick Grilli and associates Myles Gutenkunst and Daniel Isaacson.