April Private Market Update
| Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
|---|---|---|---|---|---|---|
| 08/17/2022 | Series B | $80MM | $xx.xx | $1.65B | 444 Capital Fund, Andreessen Horowitz, Andre Iguodala, Base10 Partners, Chano Fernandez, Kaiser Permanante, Obvious Ventures, Workday | |
|
Price per Share
$xx.xx
Shares Outstanding
940,071
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
444 Capital Fund, Andreessen Horowitz, Andre Iguodala, Base10 Partners, Chano Fernandez, Kaiser Permanante, Obvious Ventures, Workday
|
||||||
| 09/12/2019 | Series A | $14.81MM | $xx.xx | $62.96MM | Andreessen Horowitz, Gingerbread Capital, Matt Mickiewicz, Nfx, Obvious Ventures, Pete Kazanjy, Precursor Ventures, Steve Goodman | |
|
Price per Share
$xx.xx
Shares Outstanding
4,325,158
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Andreessen Horowitz, Gingerbread Capital, Matt Mickiewicz, Nfx, Obvious Ventures, Pete Kazanjy, Precursor Ventures, Steve Goodman
|
||||||
| 06/16/2017 | Series Seed | $2MM | $xx.xx | $9.37MM | Obvious Ventures, Precursor Ventures | |
|
Price per Share
$xx.xx
Shares Outstanding
2,586,319
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Obvious Ventures, Precursor Ventures
|
||||||
| 06/16/2017 | Series S-1 | $274,999.00 | $xx.xx | $9.37MM | Obvious Ventures, Precursor Ventures | |
|
Price per Share
$xx.xx
Shares Outstanding
444,479
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Obvious Ventures, Precursor Ventures
|
||||||
As Forge celebrates Black History Month, it's essential to recognize and honor the significant contributions of black leaders who are shaping the private market landscape. Their innovative ventures and leadership not only drive economic growth but also pave the way for a more inclusive and diverse business environment. Here, we examine five trailblazing black leaders in the private market.
| Last Funding Round | ||||||||
|---|---|---|---|---|---|---|---|---|
| Company | Forge Price | Forge Price Change 5 | Last Closed Trade | Share Class | Post-Money Valuation | Price per Share | Amount Raised | |
 | Abridge | -- | -- | $xx.xx | Series D | $2.75B | $xx.xx | $250MM |
 | Cedar | -- | -- | $xx.xx | Series D | $3.19B | $xx.xx | $255MM |
 | Innovaccer | $5.34 | -27.74% | $xx.xx | Series F-1 | $3.88B | $xx.xx | $153.04MM |
 | Insilico Medicine | -- | -- | $xx.xx | -- | -- | -- | -- |
 | Lumafield | -- | -- | $xx.xx | -- | -- | -- | -- |
 | OpenEvidence | -- | -- | $xx.xx | Series A | $1B | $xx.xx | $75MM |
 | Rad AI | -- | -- | $xx.xx | Series C | $524.97MM | $xx.xx | $72.9MM |
 | Redox Engine | -- | -- | $xx.xx | Series D | $310.5MM | $xx.xx | $45.5MM |
 | Suki | -- | -- | $xx.xx | Series D | $283.39MM | $xx.xx | $50MM |
 | TraceLink | -- | -- | $xx.xx | Series D | $657MM | $xx.xx | $60MM |
Updated on: Feb 13, 2025
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