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Forge Global

Forge Global IPO

$627.56MM
Series B-2 Valuation, Apr 2021
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Forge Global IPO date and status

2014
Founded
Mar 2022
SPAC Completed
Nov 2025
MA Announced

Company details

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.

Sector
Founded
2014
Headquarters
San Francisco, CA, United States
Forge Price 1
Price not available
Market Activity 2
Limited
Last Matched Price
Post-Money Valuation 3
$627.56MM
Total Funding
$285.92MM
Last Funding Round
Series B-2

Learn more about Forge Global

To invest in Forge Global pre-IPO

Can you invest in Forge Global pre-IPO?

You can no longer invest in Forge Global with Forge. But if you are an accredited investor interested in buying pre-IPO shares of a private company, you can learn more about how to invest in the private market or register today to get started.

Can you sell shares of Forge Global before it goes public?

You can no longer sell shares of Forge Global on Forge as this company is no longer private. However, if you own shares of a private company, Forge may be able to help you sell them in a way that works for you and the company. Learn more or register with us today to get started.

What is the pre-IPO value of my Forge Global shares?

Forge can no longer determine the value of Forge Global shares as this company is no longer private. However, if you own shares of a private company, Forge may help you value and sell them in a way that works for you and the company. Learn more or register with us today to get started.

Is Forge Global a publicly traded company?

Forge Global became a public company following its M&A on 03/02/2026 and is now a publicly traded company.

To learn more about Forge Global potential IPO

Will Forge Global go IPO?

Forge Global became a public company following its M&A on 03/02/2026.

What is Forge Global’s IPO price?

The IPO price of Forge Global is not currently available.

When was Forge Global founded?

Forge Global was founded in 2014.

What is Forge Global funding to date?

Forge Global has raised $285.92MM to date.

Forge Global major investors

Deutsche Börse
Lun Partners Group
Temasek
True Global Ventures
Wells Fargo Strategic Capital

Forge Global pre-IPO valuation and funding rounds

Funding history chart
Funding round and deals details
Funding Date Round Amount Raised Price per Share Post-Money Valuation 3 Key Investors
04/12/2021 Series B-2 $1.64MM $12.42 $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 Series B-1 $169.18MM $12.42 $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
11/09/2020 Junior $41.14MM $12.42 $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
03/08/2018 Series B $70.52MM $10.66 $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 $3.08 $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

Forge Global IPO news and media highlights

How To Sell Your Stock Options On A Secondary Market

The secondary market — a marketplace that enables employees and shareholders to sell pre-IPO stock. Secondary markets have become more popular in recent years as pre-IPO stock has become more valuable.

How startups can lower their chance of a down round in a downturn

Data from Forge’s November 2022 report — the company operates a secondary market for the trading of private-market tech shares — indicates that startups that raised earlier in the present downturn wound up collecting fewer down rounds and received better overall pricing than their more reticent brethren.

Forge Global Makes Trading Debut After SPAC Merger

Private securities marketplace Forge Global saw its stock price more than double by midday on its first day of trading. Private securities marketplace Forge Global saw its stock price more than double by midday on its first day of trading. The company completed its merger with SPAC Motive Capital Corp. and began trading on the NYSE, opening at $11.06, slightly above its previous closing price of $10.06.

Forge Global to Go Public in $2 Billion Merger with Motive Capital Corp

Forge Global, Inc. (“Forge”), a leading global private securities marketplace, today announced it has entered into a definitive business combination agreement with Motive Capital Corp (NYSE: MOTV.U), a special purpose acquisition company sponsored by affiliates of Motive Partners, a financial technology specialized private equity firm. Forge will become a publicly traded company upon the closing of the transaction, currently expected in the fourth quarter of 2021 or first quarter of 2022. The transaction reflects a $2.0 billion approximate valuation for the pro forma combined company.
Browse More Insights

Private companies exploring an IPO

See which private companies are preparing for the public market. Register to get full access to the latest secondary market pricing data.

Sector: Fintech
Subsector: Capital Markets
Trade Metrics Last Funding Round
Company Forge Price Last Matched Round Post-Money Valuation 3 Price Per Share Amount Raised
KrakenKraken$32.25 -$3.90 (10.79%)$ xx.xxSeries D$20B$61.47$200MM
RazorpayRazorpayNot available$ xx.xxNot available------
ChiaChiaNot available$ xx.xxSeries D$458.07MM$21.21$61MM
UpholdUphold$2.40 +$0.80 (50.00%)$ xx.xxNot available------
LendbuzzLendbuzzNot available$ xx.xxSeries D-1A$1.07B$16.65$1.53MM
DriveWealthDriveWealthNot available$ xx.xxSeries D-1$2.85B$25.18$449.89MM
Blockchain.comBlockchain.comNot available$ xx.xxNot available------

Private market movers

Track trading activity and investor momentum across thousands of private companies. Register to view last matched prices and additional transactional details.

Actively traded

Company Forge Price Market Activity Last Matched
Anthropic Anthropic $259.14 -$13.84 (5.07%)High $xxx.xx
Anduril Anduril $110.97 +$4.00 (3.74%)High $xxx.xx
SpaceX SpaceX $595.51 -$0.18 (0.03%)High $xxx.xx
Databricks Databricks $197.65 -$0.01 (0.01%)High $xxx.xx
Cerebras Cerebras $101.49 -$0.16 (0.16%)High $xxx.xx

Artificial Intelligence (AI)

Company Forge Price Market Activity Last Matched
Anthropic Anthropic $259.14 -$13.84 (5.07%)High $xxx.xx
OpenAI OpenAI $723.12 +$253.65 (54.03%)Limited $xxx.xx
Anduril Anduril $110.97 +$4.00 (3.74%)High $xxx.xx
Databricks Databricks $197.65 -$0.01 (0.01%)High $xxx.xx
Figure AI Figure AI $174.00 -$20.00 (10.31%)Limited $xxx.xx

Forge, your trusted partner for pre-IPO insights and Forge Global data

Forge is the trusted platform for buying and selling pre-IPO shares. Investors and shareholders worldwide rely on our deep data insights, liquidity solutions, and tailored investment opportunities to navigate the private market. Register to get started.

Updated on: Mar 3, 2026

PLEASE READ THESE IMPORTANT LEGAL NOTICES & DISCLOSURES

  1. Forge Price™ is a custom data-point calculated and disseminated by Forge Data LLC (“Forge Data”) and is a mark of Forge Data. Forge Price may rely on a very limited number of inputs in its calculation. Forge Price is prepared and disseminated solely for informational purposes. Redistribution is permitted solely with Forge’s written consent. While Forge has obtained information from sources it believes to be reliable, Forge does not perform an audit or undertake any duty of due diligence or independent verification of any information it receives. Forge does not guarantee the accuracy, completeness, timeliness, or availability of Forge Price, and are not responsible for any errors or omissions, regardless of the cause, or any results obtained from the use of Forge Price. Forge Price is derived from secondary activity on the Forge platform and other private market trading platforms, and other publicly-available datapoints collected by Forge. Forge Price is not intended to, and does not necessarily, represent the market price of any securities (I.e., the price at which you could buy or sell such securities). Neither reference to company names, nor calculation of Forge Price for a specific company, implies any affiliation between Forge and that company, any endorsement or sponsorship by Forge of any company or vice versa, or any partnership, joint venture or other commercial relationship between Forge and any company. Rights with respect to any company marks referred to herein are owned by the company. The dollar-figure and percentage displayed indicates the per share change in dollar amount and percentage since the most recent Forge Price change. Percentages are rounded to the nearest whole number.
  2. Market activity indicates the level of activity for a company based on recent IOIs, secondary transactions, and pending transactions on Forge.
  3. Post-Money Valuation represents the estimated valuation based on company-submitted Certificates of Incorporations (COIs).
  4. Last Known Valuation represents a valuation gathered from non-COI, publicly available sources including company press releases or multiple concurring news articles.
  5. Actively traded companies are companies with a high market activity with the highest post-money valuation in the same sector.

‘Stock Price’ or other private company metrics (‘PC Data’) may rely on a very limited number of trade and/or IOI inputs in their calculation. PC Data is prepared and disseminated solely for informational purposes. While Forge has obtained information from sources it believes to be reliable, Forge does not perform an audit or undertake any duty of due diligence or independent verification of any information it receives. Forge does not guarantee the accuracy, completeness, timeliness, or availability of PC Data, and are not responsible for any errors or omissions, regardless of the cause, or any results obtained from the use of PC Data. PC Data is derived from the performance and pricing of secondary activity on the Forge platform and other private market trading platforms. PC Data is not intended to, and does not necessarily, represent the market price of any securities (I.e., the price at which you could buy or sell such securities). Reference to company names does not imply any affiliation between Forge and that company, any endorsement or sponsorship by Forge of any company or vice versa, or any partnership, joint venture or other commercial relationship between Forge and any company. Rights with respect to any company marks referred to herein are owned by the company.

The news articles displayed on this page may be curated using artificial intelligence (AI) technology, which selects relevant content from a list of trusted web sources. While we strive for accuracy and reliability, the inclusion of an article does not imply endorsement or verification of its content. This communication is for informational purposes only. Investors should conduct their own research and consult a financial professional before making investment decisions.

Investing in private company securities is not suitable for all investors, is highly speculative, is high risk, and investors should be prepared to withstand a total loss of their investment. Private company securities are highly illiquid and there is no guarantee that a market will develop for such securities. Each investment carries its own risks, and investors should conduct their own due diligence regarding the investment, including obtaining independent professional advice. Past performance is not indicative of future results. This is not a recommendation, offer, solicitation of an offer, or advice to buy or sell securities by Forge, nor an offer of brokerage services in any jurisdiction where Forge is not permitted to offer brokerage services. Brokerage products and services are offered by Forge Securities LLC, a registered broker-dealer and member FINRA/SIPC. Please see other important disclaimers, disclosures and restrictions you acknowledge by using this website and to which you are subject.