What is Fortive?
Industrial technology, workflow software, and healthcare solutions company with 2025 results restated around new Fortive after Ralliant separation, headquartered in Everett, WA.
- Category
- Industrial technology, workflow software, and healthcare solutions
- Headquarters
- Everett, WA
- Founded
- 2016
- Employees
- Approximately 18,000 before the 2025 Ralliant separation
- Total funding
- Public company; no VC funding
- Status
- NYSE: FTV
What is Fortive?
Fortive is a public industrial technology, workflow software, and healthcare solutions company with 2025 results restated around new Fortive after Ralliant separation. It operates at global enterprise scale from Everett, WA, serving industrial, infrastructure, commercial, public-sector, channel, OEM, or contractor buyers depending on the business line.
Fortive is a mature public company, not a venture-backed startup. Its latest public reporting shows 2025 results restated around new Fortive after Ralliant separation, Approximately 18,000 before the 2025 Ralliant separation, and a portfolio spanning Fluke test tools, Accruent software, Gordian data and software, ServiceChannel facilities software, Intelex EHS software.
The company competes on installed base, product reliability, channel reach, engineering depth, service coverage, pricing discipline, and operational execution. For many customer segments, the buying motion is tied to large projects, distributor or dealer relationships, OEM programs, maintenance budgets, safety requirements, and long replacement cycles.
For B2B sellers, Fortive is best treated as a multi-threaded enterprise account. Strong pitches attach to measurable operating outcomes such as uptime, energy efficiency, safety, quality, inventory productivity, field-service performance, digital customer experience, regulatory compliance, or lower cost to serve.
What does Fortive offer?
Fortive offers Fluke test tools, Accruent software, Gordian data and software, ServiceChannel facilities software, Intelex EHS software, Industrial Scientific safety and related services, software, parts, or channel programs.
- Fluke test tools· Offering
- Accruent software· Offering
- Gordian data and software· Offering
- ServiceChannel facilities software· Offering
- Intelex EHS software· Offering
- Industrial Scientific safety· Offering
- Advanced Sterilization Products· Offering
- Censis healthcare workflow· Offering
How does Fortive make money?
Fortive sells industrial technology products, recurring workflow software, EHS and facilities platforms, healthcare sterilization products, and services through brand-led operating companies.
Fortive sells industrial technology products, recurring workflow software, EHS and facilities platforms, healthcare sterilization products, and services through brand-led operating companies. Pricing is product-, subscription-, facility-, contract-, channel-, and enterprise-specific.
The practical revenue model combines new equipment or product sales with replacement demand, aftermarket parts, service, software, warranties, channel programs, financing where relevant, and long-cycle customer projects. Buyers often evaluate total cost of ownership, installed-base compatibility, support coverage, procurement risk, and payback rather than only unit price.
Growth is driven by end-market demand, pricing, mix, productivity, acquisitions, channel execution, backlog conversion, innovation, and service attachment. Vendors selling into Fortive should frame ROI in the language of the relevant P&L owner: manufacturing yield, fleet uptime, energy use, safety, compliance, labor productivity, revenue capture, or working-capital improvement.
Who leads Fortive?
Fortive is led by Olumide Soroye, President and Chief Executive Officer, with finance, technology, operations, legal, product, and segment leaders shaping enterprise buying decisions.
- Olumide SoroyePresident and Chief Executive OfficerCEO since June 2025Leads the new Fortive after the Ralliant precision-technologies separation.
- Mark OkerstromChief Financial OfficerCFO since March 2025Owns finance, capital allocation, separation reporting, and investor communication for the new Fortive.
- Sharmila MulliganChief Strategy OfficerStrategy leaderImportant executive for portfolio strategy, digital workflow platforms, and software-led growth.
- Shar DubeyChair of the BoardBoard chairBoard-level leader overseeing post-separation governance and strategy.
How do you contact Fortive's leadership?
Fortive publishes investor-relations, media, sales, and corporate contact routes, but it does not publish a verified personal executive email format for the leadership team. Use the official investor-relations or corporate contact route; do not treat inferred personal addresses as verified.
No verified public personal-executive email format; use official company contact routesHow much funding has Fortive raised?
Fortive is a mature public company (NYSE: FTV), so its capital profile is public equity, debt, operating cash flow, acquisitions, dividends or buybacks rather than disclosed venture rounds.
Fortive has no current VC-style funding history to enumerate. The relevant capital milestones are its founding in 2016, public-company status as NYSE: FTV, ongoing access to debt and equity markets, operating cash flow, and strategic acquisitions or separations that reshape the portfolio.
Recent public-company capital signals are 2025 results restated around new Fortive after Ralliant separation, Public company; Ralliant spun off in 2025, and the company's 2026 outlook or first-quarter reporting. Those signals matter more than a private valuation because budgets are governed by annual planning, segment-level returns, procurement controls, cybersecurity review, integration risk, and operating KPIs.
Seller signal: budget exists where a proposal maps to strategic priorities and measurable financial outcomes. The strongest enterprise opportunities connect to productivity, automation, energy efficiency, safety, quality, service revenue, channel performance, working capital, or compliance rather than generic software modernization.
How did Fortive get here?
Fortive reached its current scale through industrial founding, public-market access, portfolio moves, technology investment, and recent 2025-2026 operating execution.
- 2016Fortive spun from DanaherFortive becomes an independent public company.
- 2020Vontier separatedFortive spins off transportation and mobility businesses.
- 2025Ralliant separation completedFortive separates precision technologies into Ralliant.
- 2025Olumide Soroye becomes CEOFortive appoints new CEO as part of the separation.
- 2025New Fortive guidance initiatedThe company begins reporting around the post-Ralliant portfolio.
- 2026Q1 2026 core growthFortive reports Q1 execution under the new portfolio.
Who are Fortive's competitors?
Fortive competes with public industrial, automation, infrastructure, building-products, component, service, and channel-led companies depending on the segment.
- DanaherCompetes as a high-quality industrial and life-science operating-company model.
- AMETEKIndustrial technology and instrumentation company competing in niche engineered products and measurement systems.
- EmersonCompetes in industrial technology, software, and operating platforms.
- HoneywellCompetes in safety, productivity, building, and industrial technology.
- TrimbleCompetes in infrastructure, field workflow, and asset-management software.
- EcolabCompetes in safety, compliance, healthcare hygiene, and facility workflows.
Fortive — frequently asked questions
