Forge Global was founded in 2014 by Andrea Lamari, Gil Silberman, Samvit Ramadurgam, and Sohail Prasad. According to Business Wire, on March 22, 2022, Forge was listed on the New York Stock Exchange following a SPAC merger with Motive Capital Corp, becoming the first publicly traded secondary market trading platform.
Forge is a digital marketplace where users trade shares in private companies. Per Forge data, the company raised $357 million in funding over 11 rounds. Their latest funding was raised on Mar 22, 2022. Key investors include Panorama Point Partners, Operative Capital, Streamlined Ventures, and Financial Technology Partners.
These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
04/12/2021 | Series B-2 | $1.64MM | $xx.xx | $627.56MM | Wells Fargo | |
Price per Share
$xx.xx
Shares Outstanding
132,127
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Cumulative
Participating
Non-participating
Participation Cap
1000
Key Investors
Wells Fargo
|
||||||
11/09/2020 | Junior | $41.14MM | $xx.xx | $559.34MM | Sharespost Investors | |
Price per Share
$xx.xx
Shares Outstanding
3,313,623
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Sharespost Investors
|
||||||
11/09/2020 | Series B-1 | $169.18MM | $xx.xx | $559.34MM | Deutsche Borse, Draper, Draper Associates, Hemat Holdings, Lun Capital, Paper Excellence, Temasek, True Global Ventures, Wells Fargo | |
Price per Share
$xx.xx
Shares Outstanding
13,625,376
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Cumulative
Participating
Non-participating
Participation Cap
1000
Key Investors
Deutsche Borse, Draper, Draper Associates, Hemat Holdings, Lun Capital, Paper Excellence, Temasek, True Global Ventures, Wells Fargo
|
||||||
03/08/2018 | Series B | $70.52MM | $xx.xx | $232.65MM | Bnpp, Ft Partners, Munich Re, Operative Capital, Panorama, Tiel Foundation | |
Price per Share
$xx.xx
Shares Outstanding
6,615,809
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Cumulative
Participating
Non-participating
Participation Cap
1000
Key Investors
Bnpp, Ft Partners, Munich Re, Operative Capital, Panorama, Tiel Foundation
|
||||||
02/07/2017 | Series AA | $3.44MM | $xx.xx | $54.71MM | Draper Associates, Streamlined Ventures | |
Price per Share
$xx.xx
Shares Outstanding
1,114,988
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Draper Associates, Streamlined Ventures
|