Startup Trends: 5 companies have recent updates to their Forge Price™ (and what it means)
Private markets have historically lacked timely, reliable pricing data, leaving investors and shareholders to extrapolate value from sporadic funding rounds or infrequent internal marks. Forge Price™ — a proprietary, frequently calculated, indicated price per share for approximately 200 pre-IPO private companies — helps address the opacity.
Forge Price™ synthesizes multiple data sources such as secondary market transactions, recent funding round data and active indications of interest (IOIs) into a single, current estimate of a company’s share price.
For investors, Forge Price™ can serve as a benchmarking tool to assess relative value and track portfolio performance, while shareholders can use it to better understand potential liquidity and demand for their shares. Over time, movements in Forge Price™ can highlight potential shifts in investor confidence, company momentum or broader private market trends.
Since December of 2025, five companies have had an update to their Forge Price™. For this week’s digest, we’ve highlighted those companies, along with recent information that underscores their potential future growth prospects.
1. Divergent, $32.21, +168.42% YoY
Torrance, California-based Divergent is a manufacturing technology company that has developed an end-to-end digital manufacturing platform (DAPS™) that combines AI-driven design, additive (3D) printing and automative assembly. Divergent’s latest Forge Price™ of $32.21 implies a valuation of $2.21 billion. This change, as of January 22, 2026, is +114.73% from six months ago, and +168.42% from one year ago.
Founded in 2014, the industrial firm initially focused on automotive, but has expanded into aerospace and defense.1 In September, it closed a Series E fundraise of over $250 million with a post-money valuation of $2.30 billion, underscoring investor interest in next-gen industrial production technology.
Divergent’s client base includes the likes of Lockheed Martin, Raytheon and Triumph Group. The private company’s notable investors include Trousdale Ventures, Rochefort Asset Management, Benchmark Capital and Hexagon.
2. Abridge, $170.00, +88.87 YoY
Pittsburgh, Pennsylvania-based Abridge is a health-related technology platform that leverages AI to transform clinical conversations into structured, actionable documentation for healthcare providers and patients. Its Forge Price™ as of January 22, 2026 is $170.00, implying a valuation of $5.69 billion, +7.27% from six months ago and +88.87% from one year ago.
Abridge has raised substantial venture funding and works with approximately 150 of the largest healthcare systems in the U.S. In February 2025, the startup announced a $250 million Series D fundraise led by Elad Gil and IVP.2 In June 2025, the firm closed its Series E fundraise of $300 million led by A16Z3.
Founded in 2018, Abridge’s increase in Forge Price™, along with its ability to raise two VC rounds in a single year, could signal investors’ increased interest in AI-enabled healthcare systems. Other investors in Abridge include Andreessen Horowitz, Khosla Ventures, Spark Capital and Bessemer Venture Partners.
3. Agility Robotics, $68.73, +86.46% YoY
Founded in 2015, Agility Robotics is a robotics company building humanoid and mobile robots designed to operate in real-world environments such as warehouses, logistics and manufacturing. As of January 22, 2026, Agility’s Forge Price™ was recently updated to $68.73, implying a valuation of $2.21 billion, +1.87% from six months ago, and +86.46% from one year ago.
Headquartered in Tangent, Oregon, the robotics company is known for “Digit,” a humanlike robot with the ability to perform complex tasks in businesses and in the home for individuals.4 Agility attracted fresh capital in June 2025 with a Series C fundraise of nearly $450 million at a post-money valuation of $2.12 billion.
Originating from academic research, the company’s Forge Price™ increases over the last year demonstrate the potential growth in companies specializing in adaptable robotics systems — especially amid labor shortages and digital transformation in supply chains. Agility’s notable investors include Amazon, Playground Global, Sony and DCVC.
4. Polymarket, $139.37, +2% YoY
Founded in 2020 and based in New York City, Polymarket operates a blockchain-enabled prediction marketplace, where participants trade contracts on real-world events, from political elections to sports to other cultural happenings. As of January 22, 2026, Polymarket’s Forge Price™ is $139.37, implying a valuation of $12.10 billion, +1% from six months ago, and +2% from one year ago.
In the past year, the fintech company has demonstrated its ability to acquire capital, all with growing valuations. In February 2025, Polymarket landed a Series B round of over $70 million at a $350 million valuation. The following August, it closed a Series C round of nearly $150 million at a $1.20 billion valuation. And most recently in October, it closed a $1 billion Series D round at a $9 billion valuation.
Polymarket’s notable investors have included Founders Fund, General Catalyst, Polychain Capital and 1789 Capital. The firm, which pulled operations from the U.S. market in 2022, seems poised to resume operations following an approved plan by U.S. regulators in December.5
5. Kore.ai, $9.50, -33.98% YoY
Founded in 2013, Kore.ai is an enterprise AI software company headquartered in Orlando, Florida. The company builds conversational and generative AI platforms that enable businesses to design, deploy, and manage intelligent virtual agents at scale. As of January 22, 2026, Kore.ai’s Forge Price™ has been updated to $9.50, -5% compared to six months ago, and -33.98% from one year ago.
In November, Kore.ai announced that the tech firm was selected as the launch partner for Microsoft’s Agent 365. Through the partnership, Kore will integrate its agentic capabilities into the Agent 365 suite for use by Microsoft’s enterprise clients.6 The alliance with the software powerhouse is affirmation that Kore.ai’s AI-enabled technology has the ability to extend its reach to other top enterprise clients in the future, despite its lower Forge Price™ compared to a year ago.
Kore.ai’s latest fundraising round happened in January 2024 when it closed its Series D at $150 million. Its past investors include FTV Capital, Nvidia, Sweetwater PE and NextEquity.
