Frore Systems was founded in 2018 by Seshu Madhavapeddy and Surya Ganti. The company has not publicly endorsed plans to participate in an IPO.
Frore Systems is a chip manufacturer whose flagship AirJet product removes heat from computer processors without the use of fans. This allows for quieter and more compact hardware systems without sacrificing performance. The company has raised more than $115 million in venture capital from investors including Qualcomm Ventures, Mayfield, Addition, and Clear Ventures. Frore Systems has not publicly disclosed any valuation figures.
These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
Frore Systems does not currently have an official ticker symbol because this company is still private. Register today to connect with our Private Market Specialists and learn more about new pre-IPO investment opportunities.
The stock price for Frore Systems will be known as it becomes public. Here are similar public companies: Hewlett Packard (NYS: HPE), Nvidia (NAS: NVDA), Dell Technologies (NYS: DELL), Sony (NYS: SONY), IBM (NYS: IBM).
| Date | Funding Round | Funding Raised | Price per Share | IPO Valuation |
|---|---|---|---|---|
| 12/1/2022 | Series A-2 and B | $502.74MM | $XXX.XX | $XXX.XX |
| 7/23/2020 | Series A-1 | $99.76MM | $XXX.XX | $XXX.XX |
| 8/15/2018 | Series A | $22.53MM | $XXX.XX | $XXX.XX |
Frore Systems is a privately held company and is not publicly traded on NYSE or NASDAQ in the U.S. To buy pre-IPO shares of a private company, you need to be an accredited investor. Learn more about how to invest in the private market or register today to get started.
If you own Frore Systems pre-IPO shares and are considering selling, you can find what your shares could be worth on Forge’s secondary marketplace.
Our Private Market Specialists are available to answer any questions you might have and can help connect you with a buyer from our network of 125,000 accredited investors and institutions. You can also learn more about how to sell your private shares before getting started.
Frore Systems is a private company and not publicly traded.
If you are interested in buying or selling private company shares, you can register with Forge today for free to explore your options. Registering gives you access to one of our Private Market Specialists who can guide you through the process of buying or selling. Learn more about how Forge might help you buy pre-IPO shares or sell pre-IPO shares.
