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Early Is Everything

IPO Stock Tracker

2021 was an all-time record for the number of IPOs. Forge Data set out to measure how those IPO stocks are doing today. Below is performance data for each of the companies that Forge Data covers that went public in 2021 and how their current share price compares to each of the company’s primary financing rounds while they were still private.

Note: The IPOs below are companies which had an enterprise value of greater than $250M at the time of exit and are registered in Delaware. They do not include exits via merger, acquisition, direct listing or a special purpose acquisition company.

Company	Sector	IPO Date	IPO Price/Share	Price/Share as of 12/27/24	Since IPO
1stdibs	Consumer & Lifestyle	6/10/2021	$20	$3.69	-81.6%

Round Date	Series	Amount Raised	Post Money Valuation	Price/Share	Lead Investors	Since IPO
3/19	D	$79.9M	$505.9M	$5.01	Allen & Company, Foxhaven Asset Management, Groupe Artemis, Michael Zeisser, Sofina, T. Rowe Price	-26.3%
9/15	C-1	$26.9M	$466.2M	$4.53	Insight Venture Partners	-18.5%
1/14	C	$14.9M	$439.2M	$4.71	2020 Ventures, Alibaba Group, Sofina	-21.7%
12/12	B	$42.0M	$354.3M	$3.82	2020 Ventures, Benchmark Capital, Index Ventures, Insight Venture Partners, Spark Capital, SV Angel	-3.4%
11/11	A	$60.0M	$166.2M	$2.77	Benchmark Capital	33.2%

Primary round data: Forge Data. Current stock price: Quandl.
Past performance is no guarantee of future results. There can be no assurance that any investment will achieve its objectives or avoid substantial losses.

Company	Sector	IPO Date	IPO Price/Share	Price/Share as of 12/27/24	Since IPO
ACV Auctions	Consumer & Lifestyle	3/24/2021	$25	$21.80	-12.8%

Round Date	Series	Amount Raised	Post Money Valuation	Price/Share	Lead Investors	Since IPO
10/20	E-1	$54.9M	$1.7B	$11.85	Durable Capital Partners, Bessemer Venture Partners	84.0%
11/19	E	$159.9M	$1.5B	$11.06	Wellington Management, Fidelity, Bain Capital Ventures, Bessemer Venture Partners, Tribeca Venture Partners	97.1%
12/18	D	$95.1M	$568.0M	$4.70	Armory Square Ventures, Australia Future Fund, Bain Capital Ventures, Bessemer Venture Partners, Tribeca Venture Partners	363.8%
2/18	C	$34.6M	$186.0M	$1.90	Armory Square Ventures, Australia Future Fund, Bessemer Venture Partners, SBNY, Tribeca Venture Partners, UpVentures	1,047.4%
3/17	B	$14.9M	$39.0M	$0.48	Armory Square Ventures, Bessemer Venture Partners, Rand Capital, SBNY, Tribeca Venture Partners	4,441.7%
8/16	A	$4.9M	$12.0M	$0.28	Armory Square Ventures, Rand Capital, SBNY, Tribeca Venture Partners	7,685.7%

Primary round data: Forge Data. Current stock price: Quandl.
Past performance is no guarantee of future results. There can be no assurance that any investment will achieve its objectives or avoid substantial losses.

Company	Sector	IPO Date	IPO Price/Share	Price/Share as of 12/27/24	Since IPO
Affirm	FinTech	1/13/2021	$49	$64.64	31.9%

Round Date	Series	Amount Raised	Post Money Valuation	Price/Share	Lead Investors	Since IPO
4/19	F	$300.0M	$2.9B	$13.18	Ballie Gifford, Fidelity, Founders Fund, GGV Capital, GIC Private, Khosla Ventures, Lightspeed Venture Partners, Moore Asset Backed Fund, Ribbit Capital, Sound Ventures, Spark Capital, Thrive Capital, Wellington Management	390.4%
8/18	E	$250.0M	$1.8B	$11.34	GIC, Khosla Ventures, Lightspeed Venture Partners, Founders Fund, Spark Capital, Caffeinated Capital, Ribbit Capital, GGV Capital	470.0%
4/16	D	$100.0M	$926.0M	$6.17	Founders Fund, Lightspeed Venture Partners, Spark Capital, Khosla Ventures, Silicon Valley Bank, Andreessen Horowitz, Jefferies	947.6%
5/15	C	$79.8M	$575.5M	$5.28	Spark Capital, Khosla Ventures, Jeffries Group, Andreessen Horowitz, Lightspeed Venture Partners	1,124.2%
6/14	B	$26.0M	$115.0M	$1.31	Khosla Ventures, Lightspeed Venture Partners, Nyca Partners	4,834.4%
8/12	A	$7.5M	$23.7M	$0.35	Undisclosed investors	18,368.6%

Primary round data: Forge Data. Current stock price: Quandl.
Past performance is no guarantee of future results. There can be no assurance that any investment will achieve its objectives or avoid substantial losses.

Greater access to growth

Our Private Market Specialists can tailor curated investment opportunities as well as liquidity for existing positions.

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Company	Sector	IPO Date	IPO Price/Share	Price/Share as of 12/27/24	Since IPO
Alkami Technology	FinTech	4/14/2021	$30	$38.53	28.4%

Round Date	Series	Amount Raised	Post Money Valuation	Price/Share	Lead Investors	Since IPO
9/20	F	$140.0M	$1.5B	$16.00	D1 Capital Partners, Fidelity, Franklin Templeton, Stockbridge Investors	140.8%
6/19	E	$55.0M	$674.2M	$8.50	Argonaut Private Equity, General Atlantic, MissionOG, S3 Ventures	353.3%
1/18	D	$70.1M	$400.0M	$6.13	General Atlantic, MissionOG	528.5%
8/17	C	$82.4M	$167.7M	$3.65	i2E, S3 Ventures, Wild Basin Investments	955.6%
3/14	B	$14.0M	$34.6M	$1.60	Argonaut Private Equity, S3 Ventures	2,308.1%
12/12	A	$8.4M	$11.8M	$1.00	S3 Ventures	3,753.0%

Primary round data: Forge Data. Current stock price: Quandl.
Past performance is no guarantee of future results. There can be no assurance that any investment will achieve its objectives or avoid substantial losses.

Company	Sector	IPO Date	IPO Price/Share	Price/Share as of 12/27/24	Since IPO
Allbirds	Consumer & Lifestyle	11/3/2021	$15	$7.39	-50.7%

Round Date	Series	Amount Raised	Post Money Valuation	Price/Share	Lead Investors	Since IPO
9/20	E	$99.9M	$2.1B	$11.56	Franklin Templeton, T. Rowe Price, Baillie Gifford, TDM Growth Partners, Rockefeller Capital Management	-36.1%
1/20	D	$74.9M	$1.7B	$12.89	Baillie Gifford, Fidelity Investments, Fifth Wall, IPD Capital	-42.7%
10/18	C	$49.9M	$1.4B	$10.97	T. Rowe Price, Tiger Global Management, Fidelity Investments	-32.6%
9/17	B	$18.4M	$367.7M	$3.00	Elephant Partners, Lerer Hippeau, Maveron, Otter Rock Capital, Tiger Global Management	146.3%
9/16	A	$7.4M	$32.2M	$0.28	Great Oaks Venture Capital, Expansion Venture Capital, Maveron, Lerer Hippeau, Red Sea Ventures, Peterson Partners, Slow Ventures, Rosecliff Venture Partners, V1.vc	2,539.3%

Primary round data: Forge Data. Current stock price: Quandl.
Past performance is no guarantee of future results. There can be no assurance that any investment will achieve its objectives or avoid substantial losses.

Company	Sector	IPO Date	IPO Price/Share	Price/Share as of 12/27/24	Since IPO
Aura Biosciences	Healthcare	10/28/2021	$14	$8.33	-40.5%

Round Date	Series	Amount Raised	Post Money Valuation	Price/Share	Lead Investors	Since IPO
3/21	E	$80.4M	$283.0M	$0.78	Matrix Capital Management, Surveyor Capital, Rock Springs Capital, Adage Capital Management LP, Velosity Capital, Medicxi, Advent Life Sciences, Lundbeckfonden Ventures, Arix Bioscience, Chiesi Ventures, Ysios Capital, Columbus Venture Partners	967.9%
7/20	D-2	$17.0M	$157.2M	$0.69	Undisclosed Investors	1,107.2%
4/19	D-1	$39.9M	$139.5M	$0.69	Medicxi, Advent Life Sciences, Arix Biosciences, Chiesi Ventures, Columbus Venture Partners, Lundekfonden Ventures, Ysios Capital	1,107.2%
12/17	C-2	$12.1M	$73.0M	$0.36	Lundbeckfonden Ventures, Arix Biosciences, Advent Life Sciences, Chiesi Ventures, Ysios Capital, Alexandria Venture Investments, Columbus Venture Partners, LI-COR Biosciences	2,213.9%
12/17	C-1	$30.2M	$73.0M	$0.52	Lundbeckfonden Ventures, Arix Biosciences, Advent Life Sciences, Chiesi Ventures, Ysios Capital, Alexandria Venture Investments, Columbus Venture Partners, LI-COR Biosciences	1,501.9%
3/15	B	$28.2M	$50.2M	$1.24	Advent Life Sciences, Chiesi Ventures, Ysios Capital, Alexandria Venture Investments, LI-COR Biosciences	571.8%
8/14	A-2	$5.3M	$22.0M	$1.24	Undisclosed Investors	571.8%
7/13	A-1	$8.1M	$29.1M	$2.48	Undisclosed Investors	235.9%
8/11	A	$3.4M	$16.0M	$2.00	Undisclosed Investors	316.5%

Primary round data: Forge Data. Current stock price: Quandl.
Past performance is no guarantee of future results. There can be no assurance that any investment will achieve its objectives or avoid substantial losses.

Invest intelligently

Forge Data provides investors with real-time private market trade pricing, volume, bid/ask spreads and more.

Company	Sector	IPO Date	IPO Price/Share	Price/Share as of 12/27/24	Since IPO
Blend Labs	FinTech	7/16/2021	$20	$4.29	-78.6%

Round Date	Series	Amount Raised	Post Money Valuation	Price/Share	Lead Investors	Since IPO
1/21	G	$322.8M	$3.3B	$13.83	Coatue Management, Tiger Global Management	-69.0%
8/20	F	$76.5M	$1.6B	$7.73	Canapi Ventures, Temasek Holdings, General Atlantic, 8VC, Greylock Partners, Emergence Capital Partners	-44.5%
6/19	E	$131.3M	$951.3M	$4.75	General Atlantic, Temasek Holdings, Lightspeed Venture Partners, Founders Fund, Greylock Partners, 8VC	-9.7%
3/18	D-1	$16.9M	$503.5M	$3.90	Lennar, Fifth Wall Ventures, Thomvest Ventures, Lodestar Ventures, Salesforce Ventures, SharesPost	10.0%
8/17	D	$118.7M	$487.0M	$3.56	8VC, Emergence Capital Partners, Greylock Partners, LightSpeed Venture Partners, Nyca Partners	20.5%
1/16	C	$37.9M	$273.0M	$2.44	Formation 8, Founders Fund, LightSpeed Venture Partners	75.8%
7/15	B-1	$9.9M	$101.0M	$1.19	Undisclosed investors	260.5%
10/14	B	$10.9M	$61.0M	$0.90	Nima Capital, Nyca Ventures, Andrew Oetting	376.7%
4/14	A	$6.1M	$20.0M	$0.39	Allen & Company, Andreessen Horowitz, Broad Beach Ventures, Conversion Capital, Light Speed Venture Partners, Formation 8, Peter Thiel	1,000.0%

Primary round data: Forge Data. Current stock price: Quandl.
Past performance is no guarantee of future results. There can be no assurance that any investment will achieve its objectives or avoid substantial losses.

Company	Sector	IPO Date	IPO Price/Share	Price/Share as of 12/27/24	Since IPO
Braze	Enterprise Software	11/17/2021	$65	$42.90	-34.0%

Round Date	Series	Amount Raised	Post Money Valuation	Price/Share	Lead Investors	Since IPO
10/18	E	$80.0M	$851.0M	$9.46	Meritech Capital Partners, Cross Creek Advisors, Spark Capital, Undisclosed Investors	353.5%
8/17	D	$49.9M	$400.0M	$5.21	ICONIQ Capital, Sprinklr, InVision (Multimedia and Design Software), Meritech Capital Partners, Runway Venture Partners, Omega Venture Partners, Battery Ventures	723.4%
7/17	C	$20.3M	$92.0M	$1.40	Battery Ventures, Compound, Blumberg Capital, Accelerator Ventures, Bullpen Capital, T5 Capital, Rally Ventures, Ridge Ventures, InterWest Partners, Shasta Ventures, Omega Venture Partners, Michael Lazerow	2,964.3%
10/14	B	$14.9M	$59.2M	$1.15	InterWest Partners, Rally Ventures, Blumberg Capital, T5 Capital, Citi Ventures, IDG Ventures USA	3,630.4%
11/13	A	$5.1M	$20.7M	$0.55	Icon Venture Partners, IDG Ventures, Mike Lazerow, Blumberg Capital, Accelerator Ventures, Bullpen Capital, T5 Capital	7,700.0%

Primary round data: Forge Data. Current stock price: Quandl.
Past performance is no guarantee of future results. There can be no assurance that any investment will achieve its objectives or avoid substantial losses.

Company	Sector	IPO Date	IPO Price/Share	Price/Share as of 1/26/24	Since IPO
Bright Health	FinTech	6/24/2021	$17	$16.35	-3.8%

Round Date	Series	Amount Raised	Post Money Valuation	Price/Share	Lead Investors	Since IPO
9/20	E	$499.9M	$4.0B	$20.42	Tiger Global Management, T. Rowe Price, Blackstone, New Enterprise Associates, Bessemer Venture Partners, Greenspring Associates	-19.9%
12/19	D	$635.0M	$2.5B	$15.02	New Enterprise Associates, Bessemer Venture Partners, Cross Creek Advisors, Declaration Partners, Flare Capital Partners, Greenspring Associates, Meritech Capital, Redpoint Ventures, Town Hall Ventures	8.9%
11/18	C	$199.9M	$900.0M	$7.67	Declaration Partners, Meritech Capital, Bessemer Venture Partners, Cross Creek Advisors, Flare Capital, Greenspring Associates, Greycroft Partners, New Enterprise Associates, Redpoint Ventures, Town Hall Ventures	113.2%
6/17	B	$162.9M	$400.0M	$5.05	Greenspring Associates, Greycroft Partners, Redpoint Ventures, Cross Creek Advisors, New Enterprise Associates, Bessemer Venture Partners, Flare Capital Partners, Redpoint Ventures, e.ventures	223.8%
4/16	A	$82.7M	$116.7M	$2.55	Bessemer Venture Partners, New Enterprise Associates, Flare Capital Partners	541.2%

Primary round data: Forge Data. Current stock price: Quandl.
Past performance is no guarantee of future results. There can be no assurance that any investment will achieve its objectives or avoid substantial losses.

Greater access to growth

Our Private Market Specialists can tailor curated investment opportunities as well as liquidity for existing positions.

Speak With a Specialist

Company	Sector	IPO Date	IPO Price/Share	Price/Share as of 12/27/24	Since IPO
Compass	Real Estate	4/1/2021	$18	$5.85	-67.5%

Round Date	Series	Amount Raised	Post Money Valuation	Price/Share	Lead Investors	Since IPO
7/19	G	$345.1M	$6.5B	$15.43	Canada Pension Plan Investment Board, Dragoneer Investment Group, Softbank Group	-62.1%
9/18	F	$399.4M	$4.5B	$11.86	SoftBank Group, Qatar Investment Authority, IVP, Wellington Capital Management, Fidelity Investments	-50.7%
12/17	E	$530.0M	$2.1B	$6.75	Fidelity Investments, IVP, SoftBank Group, Wellington Capital Management	-13.3%
8/16	D	$75.0M	$1.0B	$4.26	Wellington Management Capital, 406 Ventures, Advance Venture Partners, Founder Fund, IVP, Sinal Ventures, Thrive Capital, Wellington Capital Management	37.3%
9/15	C	$55.0M	$809.5M	$4.05	Institutional Venture Partners, 406 Ventures, Advance Publications, Founders Fund, IVP, Sinal Ventures, Thrive Capital	44.4%
7/14	B	$37.6M	$361.0M	$2.08	Advance Publications, CLI Ventures, Founders Fund, , 406 Ventures, Advance Venture Partners, IVP, Thrive Capital, Cap-Meridian Ventures, Three Tree Ventures	181.3%
9/13	A	$33.0M	$135.0M	$1.00	.406 Ventures, Advance Publications, Corigin Ventures, Founder Fund, Thrive Capital, Goldman Sachs Group, Atomico, Peter Kellner	485.0%

Primary round data: Forge Data. Current stock price: Quandl.
Past performance is no guarantee of future results. There can be no assurance that any investment will achieve its objectives or avoid substantial losses.

Company	Sector	IPO Date	IPO Price/Share	Price/Share as of 12/27/24	Since IPO
Confluent	Enterprise Software	6/24/2021	$36	$28.89	-19.8%

Round Date	Series	Amount Raised	Post Money Valuation	Price/Share	Lead Investors	Since IPO
4/20	E	$249.9M	$4.4B	$14.97	Coatue Management, Altimeter Capital, Franklin Templeton, Index Ventures, Sequoia Capital	93.0%
1/19	D	$125.0M	$2.5B	$10.33	Benchmark, Index Ventures, Sequoia Capital	179.7%
3/17	C	$49.9M	$500.0M	$2.68	Benchmark, Index Ventures, Sequoia Capital	978.0%
7/15	B	$24.0M	$149.0M	$1.00	Benchmark, Index Ventures	2,789.0%
11/14	A	$6.9M	$24.0M	$0.20	Benchmark, Data Collective	14,345.0%

Primary round data: Forge Data. Current stock price: Quandl.
Past performance is no guarantee of future results. There can be no assurance that any investment will achieve its objectives or avoid substantial losses.

Company	Sector	IPO Date	IPO Price/Share	Price/Share as of 12/27/24	Since IPO
Couchbase	Enterprise Software	7/22/2021	$24	$15.24	-36.5%

Round Date	Series	Amount Raised	Post Money Valuation	Price/Share	Lead Investors	Since IPO
5/20	G	$105.0M	$525.1M	$14.65	GPI Capital, Accel Partners, Sorenson Capital, North Bridge Venture Partners, Glynn Capital, Adams Street Partners, Mayfield Fund	4.0%
2/16	F	$39.9M	$302.7M	$11.60	Sorensen Capital, Accel Partners, Adams Street Partners, Ignition Partners, Mayfield Fund, North Bridge Venture Partners, West Summit	31.4%
6/14	E	$59.9M	$442.3M	$19.55	WestSummit, Accel Partners, Adams Street Partners, DoCoMo Capital, Mayfield Fund, North Bridge Venture Partners, Vertex Ventures, Ignition Partners	-22.0%
8/13	D	$24.9M	$202.0M	$11.20	Adams Street Partners	36.1%
6/12	X	$2.4M	$88.0M	$4.87	Ignition Partners, Accel Partners, Mayfield Fund	212.9%
8/11	C	$14.8M	$103.0M	$6.29	Accel Partners, North Bridge Venture Partners, Mayfield Fund	142.3%
4/10	B	$10.0M	$35.8M	$2.48	North Bridge Venture Partners, Accel Partners, Mayfield Fund	514.5%
12/08	A	$5.0M	$16.0M	$1.55	Undisclosed investors	883.2%

Primary round data: Forge Data. Current stock price: Quandl.
Past performance is no guarantee of future results. There can be no assurance that any investment will achieve its objectives or avoid substantial losses.

Invest intelligently

Forge Data provides investors with real-time private market trade pricing, volume, bid/ask spreads and more.

Company	Sector	IPO Date	IPO Price/Share	Price/Share as of 12/27/24	Since IPO
Coursera	Education	3/31/2021	$33	$8.39	-74.6%

Round Date	Series	Amount Raised	Post Money Valuation	Price/Share	Lead Investors	Since IPO
7/20	F	$129.9M	$2.5B	$17.00	New Enterprise Associates, Kleiner Perkins, SEEK Group, Learn Capital, SuRo Capital Corp, G Squared	-50.6%
7/20	F-1	$12.6M	$2.5B	$17.00	New Enterprise Associates, Kleiner Perkins, SEEK Group, Learn Capital, SuRo Capital Corp, G Squared	-50.6%
4/19	E	$109.9M	$1.5B	$12.00	Australia Future Fund, Ben Jen Holdings, G Squared, New Enterprise Associates, SEEK Group, Times Bridge	-30.1%
9/17	D-1	$17.7M	$831.7M	$7.50	Black River Ventures	11.9%
6/17	D	$64.0M	$814.0M	$7.50	EG Capital Advisors, G Squared, GSV Capital, Kleiner Perkins, Learn Capital, New Enterprise Associates, Sailing Capital, Sutter Rock Capital	11.9%
8/15	C	$61.5M	$402.3M	$5.09	EDBI, G Squared, International Finance Corporation, Kleiner Perkins, Laureate Education, Learn Capital, New Enterprise Associates, Sutter Rock Capital, Times Internet	64.8%
11/13	B	$63.0M	$366.9M	$4.90	California Institute of Technology Endowment, International Finance Corporation, Laureate Education, Learn Capital, New Enterprise Associates, Sutter Rock Capital, University of Pennsylvania Endowment	71.2%
7/12	A	$22.1M	$47.5M	$1.00	California Institute of Technology Endowment, Kleiner Perkins, New Enterprise Associates, The World Bank Group, University of Pennsylvania Endowment	739.0%

Primary round data: Forge Data. Current stock price: Quandl.
Past performance is no guarantee of future results. There can be no assurance that any investment will achieve its objectives or avoid substantial losses.

Company	Sector	IPO Date	IPO Price/Share	Price/Share as of 6/5/24	Since IPO
Cue Health	Healthcare	9/24/2021	$16	$0.04	-99.7%

Round Date	Series	Amount Raised	Post Money Valuation	Price/Share	Lead Investors	Since IPO
6/20	C-2	$5.5M	$455.8M	$3.30	Decheng Capital, Foresite Capital, Madrone Capital Partners, Johnson & Johnson Innovation, ACME Capital	-98.7%
6/20	C-1	$100.0M	$455.8M	$3.66	Decheng Capital, Foresite Capital, Madrone Capital Partners, Johnson & Johnson Innovation, ACME Capital	-98.8%
7/18	B	$66.2M	$116.6M	$1.43	Johnson & Johnson Innovation, JJDC Inc., Section 32, Dentsu Ventures, Synergy Ventures, Principles of Tarsadia Investments, Pritzker Group Venture Capital, Babel Ventures, Troy Capital, Sherpa Ventures, Cove Investments, Rohan Oza	-97.0%
11/14	A	$7.7M	$25.6M	$0.90	Sherpa Ventures, Immortalana	-95.2%

Primary round data: Forge Data. Current stock price: Quandl.
Past performance is no guarantee of future results. There can be no assurance that any investment will achieve its objectives or avoid substantial losses.

Company	Sector	IPO Date	IPO Price/Share	Price/Share as of 12/27/24	Since IPO
DigitalOcean	Enterprise Software	3/24/2021	$47	$34.92	-25.7%

Round Date	Series	Amount Raised	Post Money Valuation	Price/Share	Lead Investors	Since IPO
5/20	C	$50.0M	$1.1B	$10.59	Access Industries, Andreessen Horowitz	229.7%
6/15	B	$82.9M	$691.3M	$8.11	Access Industries, Andreessen Horowitz	330.6%
3/14	A1	$37.8M	$150.8M	$2.07	Andreessen Horowitz, IA Ventures, ATEL Ventures, Crunchfund, TechStars and individual investors	1,587.0%

Primary round data: Forge Data. Current stock price: Quandl.
Past performance is no guarantee of future results. There can be no assurance that any investment will achieve its objectives or avoid substantial losses.

Greater access to growth

Our Private Market Specialists can tailor curated investment opportunities as well as liquidity for existing positions.

Speak With a Specialist

Company	Sector	IPO Date	IPO Price/Share	Price/Share as of 12/27/24	Since IPO
Duolingo	Education	7/28/2021	$102	$333.34	226.8%

Round Date	Series	Amount Raised	Post Money Valuation	Price/Share	Lead Investors	Since IPO
11/20	H	$34.9M	$2.4B	$59.77	Durable Capital Partners, General Atlantic	457.7%
4/20	G	$9.9M	$1.5B	$41.38	General Atlantic	705.6%
12/19	F	$29.9M	$1.5B	$39.57	CapitalG	742.4%
9/17	E	$24.9M	$700.0M	$20.43	Drive Capital, Inside Capital	1,531.6%
6/15	D	$44.9M	$470.0M	$14.27	Ashton Kutcher, CapitalG, Kleiner Perkins, New Enterprise Associates, Timothy Ferriss, Union Square Ventures	2,235.9%
2/14	C	$19.9M	$196.4M	$6.78	Kleiner Perkins	4,816.5%
9/12	B	$14.9M	$60.3M	$2.38	New Enterprise Associates, Union Square Ventures	13,905.9%
10/11	A	$3.2M	$16.2M	$0.85	A-Grade Investments, Ashton Kutcher, Timothy Ferriss, Union Square Ventures	39,116.5%

Primary round data: Forge Data. Current stock price: Quandl.
Past performance is no guarantee of future results. There can be no assurance that any investment will achieve its objectives or avoid substantial losses.

Company	Sector	IPO Date	IPO Price/Share	Price/Share as of 12/27/24	Since IPO
Expensify	Enterprise Software	11/10/2021	$27	$3.47	-87.1%

Round Date	Series	Amount Raised	Post Money Valuation	Price/Share	Lead Investors	Since IPO
1/15	C	$17.4M	$141.0M	$15.57	OpenView Venture Partners, Redpoint Ventures, Hillsven, PJC	-77.7%
9/14	B-1	$3.9M	$44.5M	$5.55	Barracuda Networks, Coyote Ridge Ventures	-37.5%
7/10	B	$5.7M	$19.2M	$2.68	Redpoint Ventures, Hillsven Capital, Baseline Capital	29.5%
5/09	A	$999.9K	$4.5M	$0.90	Hillsven Capital, Baseline Capital	285.6%

Primary round data: Forge Data. Current stock price: Quandl.
Past performance is no guarantee of future results. There can be no assurance that any investment will achieve its objectives or avoid substantial losses.

Company	Sector	IPO Date	IPO Price/Share	Price/Share as of 8/22/23	Since IPO
ForgeRock	Enterprise Software	9/16/2021	$25	$23.21	-7.2%

Round Date	Series	Amount Raised	Post Money Valuation	Price/Share	Lead Investors	Since IPO
4/20	E-1	$19.9M	$839.9M	$10.33	Riverwood Capital, Accenture Ventures, Accel Partners, Meritech Capital, Foundation Capital, KKR Growth	124.7%
4/20	E	$96.4M	$839.9M	$9.65	Riverwood Capital, Accenture Ventures, Accel Partners, Meritech Capital, Foundation Capital, KKR Growth	140.5%
9/17	D	$90.0M	$650.4M	$9.28	Accel Partners, KKR, Meritech Capital Partners, Foundation Capital	150.1%
6/14	C	$30.9M	$334.3M	$5.36	Meritech Capital Partners, Accel Partners, Foundation Capital	333.0%
4/13	B	$15.1M	$76.4M	$1.67	Foundation Capital, Accel Partners	1,289.8%
3/12	A	$7.3M	$36.5M	$1.05	Accel Partners	2,110.5%

Primary round data: Forge Data. Current stock price: Quandl.
Past performance is no guarantee of future results. There can be no assurance that any investment will achieve its objectives or avoid substantial losses.

Invest intelligently

Forge Data provides investors with real-time private market trade pricing, volume, bid/ask spreads and more.

Company	Sector	IPO Date	IPO Price/Share	Price/Share as of 12/27/24	Since IPO
Freshworks	Enterprise Software	9/22/2021	$36	$15.94	-55.7%

Round Date	Series	Amount Raised	Post Money Valuation	Price/Share	Lead Investors	Since IPO
11/19	H	$150.0M	$3.5B	$13.30	Accel, CapitalG, Sequoia Capital India	19.8%
7/18	G	$55.0M	$1.5B	$6.01	Accel, CapitalG, Sequoia Capital India	165.2%
11/16	F	$27.4M	$703.2M	$3.16	Accel, Sequoia Capital India	404.4%
4/15	E	$49.9M	$488.9M	$2.35	Accel, CapitalG, Tiger Global Management	578.3%
6/14	D	$31.0M	$174.6M	$1.01	Accel, CapitalG, Tiger Global Management	1,478.2%
11/13	C	$6.9M	$66.7M	$0.46	Accel, Tiger Global Management	3,365.2%
4/12	B	$5.0M	$17.6M	$0.14	Accel, Lee Fixel, Rajesh Rajasekar, Ravi Raman, Tiger Global Management	11,285.7%
12/11	A	$1.0M	$4.2M	$0.05	Accel	31,780.0%

Primary round data: Forge Data. Current stock price: Quandl.
Past performance is no guarantee of future results. There can be no assurance that any investment will achieve its objectives or avoid substantial losses.

Company	Sector	IPO Date	IPO Price/Share	Price/Share as of 12/27/24	Since IPO
GitLab	Enterprise Software	10/14/2021	$77	$57.97	-24.7%

Round Date	Series	Amount Raised	Post Money Valuation	Price/Share	Lead Investors	Since IPO
9/19	E	$268.5M	$2.8B	$18.63	Adage Capital Management, Alkeon Capital Management, Altimeter Capital, BlackRock, Capital Group, Coatue Management, D1 Capital Partners, Franklin Templeton Investments, General Catalyst, ICONIQ Capital, Light Street Capital Management, Goldman Sachs, Tiger Global Management, Two Sigma Investments, Y Combinator	211.2%
12/18	D	$109.6M	$1.1B	$8.76	Goldman Sachs Principal Strategic Investments, GV, ICONIQ Capital, Khosla Ventures	561.8%
10/17	C	$21.9M	$204.2M	$1.79	Capital Factory, GV, Telstra Ventures	3,138.5%
8/16	B	$19.9M	$90.0M	$1.00	August Capital, Inkef Capital, In-Q-Tel, Khosla Ventures, Sound Ventures	5,697.0%
7/15	Safe A-3	$449.9K	$17.6M	$0.28	500 Startups, FundersClub, Ilya Sukhar, Khosla Ventures, Liquid 2 Ventures, MSD Capital, Paul Holliman, Sound Ventures, Tuesday Capital, Y Combinator	20,603.6%
7/15	Safe A-2	$1.1M	$17.6M	$0.22	500 Startups, FundersClub, Ilya Sukhar, Khosla Ventures, Liquid 2 Ventures, MSD Capital, Paul Holliman, Sound Ventures, Tuesday Capital, Y Combinator	26,250.0%
3/15	Safe A-1	$100.0K	$17.6M	$0.19	Y Combinator	30,410.5%

Primary round data: Forge Data. Current stock price: Quandl.
Past performance is no guarantee of future results. There can be no assurance that any investment will achieve its objectives or avoid substantial losses.

Company	Sector	IPO Date	IPO Price/Share	Price/Share as of 12/27/24	Since IPO
HashiCorp	Enterprise Software	11/20/2021	$80	$34.19	-57.3%

Round Date	Series	Amount Raised	Post Money Valuation	Price/Share	Lead Investors	Since IPO
3/20	E	$174.9M	$5.2B	$28.92	Franklin Templeton Investments, Geodesic Capital, GGV Capital, IVP, Mayfield Fund, Redpoint Ventures, T. Rowe Price, True Ventures	18.2%
11/18	D	$100.0M	$1.9B	$11.08	IVP, AppDynamics, Slack, Snap, Mayfield Fund, GGV Capital, True Ventures, Redpoint Ventures and Bessemer Venture Partners	208.6%
10/17	C	$39.9M	$480.0M	$3.17	GGV Capital, Redpoint Ventures, Mayfield Fund and True Ventures	978.5%
9/16	B	$24.0M	$80.0M	$0.70	GGV Capital, Mayfield, Redpoint Ventures and True Ventures	4,784.3%
12/14	A	$10.2M	$41.0M	$0.43	Mayfield, GGV Capital and True Ventures	7,851.2%

Primary round data: Forge Data. Current stock price: Quandl.
Past performance is no guarantee of future results. There can be no assurance that any investment will achieve its objectives or avoid substantial losses.

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Company	Sector	IPO Date	IPO Price/Share	Price/Share as of 3/17/23	Since IPO
IsoPlexis	Healthcare	10/8/2021	$15	$0.74	-95.1%

Round Date	Series	Amount Raised	Post Money Valuation	Price/Share	Lead Investors	Since IPO
1/21	D	$92.5M	$348.2M	$76.92	Perceptive Advisors, Ally Bridge Group, BlackRock	-99.0%
1/20	C-2	$24.9M	$144.9M	$48.52	Northpond Ventures, Spring Mountain Capital, Connecticut Innovations, Ironwood Capital, North Sound Ventures	-98.5%
1/20	C	$25.0M	$144.9M	$44.30	Northpond Ventures, Spring Mountain Capital, Connecticut Innovations, Ironwood Capital, North Sound Ventures	-98.3%
9/17	B-2	$7.0M	$49.1M	$29.64	Spring Mountain Capital, Connecticut Innovations, Ironwood Capital, North Sound Ventures	-97.5%
9/17	B	$6.6M	$49.1M	$17.67	Spring Mountain Capital, Connecticut Innovations, Ironwood Capital, North Sound Ventures	-95.8%
5/15	A-2	$3.6M	$12.5M	$12.59	Undisclosed Investors	-94.1%
7/14	A	$1.6M	$4.1M	$6.51	Undisclosed Investors	-88.6%

Primary round data: Forge Data. Current stock price: Quandl.
Past performance is no guarantee of future results. There can be no assurance that any investment will achieve its objectives or avoid substantial losses.

Company	Sector	IPO Date	IPO Price/Share	Price/Share as of 12/27/24	Since IPO
Marqeta	FinTech	6/9/2021	$27	$3.65	-86.5%

Round Date	Series	Amount Raised	Post Money Valuation	Price/Share	Lead Investors	Since IPO
5/19	E	$260.0M	$1.8B	$3.89	Coatue Management, CommerzVentures, Visa Ventures, Vitruvian Partners, IA Capital Group, CreditEase, Granite Ventures, Commerce Ventures, 83North, Spark Capital, Goldman Sachs Investment Partners, Geodesic Capital, Lone Pine Capital, ICONIQ Capital	-6.2%
3/18	D-1	$39.9M	$527.0M	$1.21	Undisclosed investors	201.7%
7/17	D	$34.6M	$510.1M	$1.21	Visa, Commerce Ventures, 83North, Granite Ventures, IA Capital Group, CommerzVentures, CreditEase, Goldman Sachs, Max Levchin, SharesPost, Black River Ventures	201.7%
4/15	C	$21.9M	$147.0M	$0.35	IA Capital Group, CommerzVentures, 83North, Granite Ventures, Commerce Ventures	942.9%
3/13	B	$17.2M	$102.3M	$0.29	83North, Granite Ventures, Commerce Ventures, LionBird	1,158.6%
6/11	A	$5.0M	$17.1M	$0.06	83North, Granite Ventures	5,983.3%

Primary round data: Forge Data. Current stock price: Quandl.
Past performance is no guarantee of future results. There can be no assurance that any investment will achieve its objectives or avoid substantial losses.

Company	Sector	IPO Date	IPO Price/Share	Price/Share as of 12/27/24	Since IPO
NerdWallet	FinTech	11/4/2021	$18	$13.17	-26.8%

Round Date	Series	Amount Raised	Post Money Valuation	Price/Share	Lead Investors	Since IPO
10/15	A	$38.8M	$669.1M	$4.49	IVP, RRE Ventures, Camelot Financial Capital Management, iGlobe Partners, Core Innovation Capital, Bam Ventures, Liquid 2 Venture	193.3%

Primary round data: Forge Data. Current stock price: Quandl.
Past performance is no guarantee of future results. There can be no assurance that any investment will achieve its objectives or avoid substantial losses.

Invest intelligently

Forge Data provides investors with real-time private market trade pricing, volume, bid/ask spreads and more.

Company	Sector	IPO Date	IPO Price/Share	Price/Share as of 12/27/24	Since IPO
Outbrain	Consumer & Lifestyle	7/23/2021	$20	$7.28	-63.6%

Round Date	Series	Amount Raised	Post Money Valuation	Price/Share	Lead Investors	Since IPO
5/16	H	$11.2M	$921.7M	$15.00	Undisclosed Investors	-51.5%
7/15	G	$49.9M	$920.5M	$15.00	Susquehanna Growth Equity	-51.5%
10/13	F	$35.8M	$604.6M	$11.40	HarbourVest, Lightspeed Venture Partners, Vintage Investment Partners, Vintage Partners, Carmel Ventures, Gemini Israel Funds, GlenRock Israel, Index Ventures, Lightspeed Venture Partners, Rhodium	-36.2%
3/13	E	$5.9M	$517.8M	$9.44	HarbourVest Partners, Carmel Ventures, Gemini Israel Ventures, GlenRock Israel, Index Ventures, Lightspeed Venture Partners, Rhodium, Vintage Investment Partners	-22.9%
12/11	D	$35.2M	$447.1M	$10.44	Index Ventures, Carmel Ventures, Lightspeed Venture Partners	-30.3%
2/11	C	$11.0M	$113.7M	$2.89	Carmel Ventures, Rhodium, Gemini Israel Funds, GlenRock Israel, Lightspeed Venture Partners	151.7%
2/09	B	$12.0M	$46.0M	$1.40	Rhodium, Gemini Israel Funds, GlenRock Israel, Lightspeed Venture Partners	419.6%
2/08	A	$5.1M	$29.2M	$1.23	Gemini Israel Funds, GlenRock Israel, Lightspeed Venture Partners	491.5%

Primary round data: Forge Data. Current stock price: Quandl.
Past performance is no guarantee of future results. There can be no assurance that any investment will achieve its objectives or avoid substantial losses.

Company	Sector	IPO Date	IPO Price/Share	Price/Share as of 1/4/23	Since IPO
Poshmark	Consumer & Lifestyle	1/14/2021	$42	$17.90	-57.4%

Round Date	Series	Amount Raised	Post Money Valuation	Price/Share	Lead Investors	Since IPO
11/17	D	$87.5M	$639.1M	$8.37	Temasek, Mayfield, Menlo Ventures, GGV Capital, Inventus Capital, Uncork Capital, Union Grove Venture Partners, Cross Creek Advisors	113.9%
4/15	C	$25.0M	$125.0M	$2.56	Mayfield, Menlo Ventures, Inventus Capital, Union Grove Venture Partners, Shea Ventures, SoftTech VC	599.2%
4/15	C-1	$25.0M	$125.0M	$2.61	Mayfield, Menlo Ventures, Inventus Capital, Union Grove Venture Partners, Shea Ventures, SoftTech VC	585.8%
12/12	B-1	$6.2M	$50.0M	$1.59	Menlo Ventures, Mayfield, Inventus Capital, SoftTech VC	1,025.8%
12/12	B	$12.4M	$50.0M	$1.37	Menlo Ventures, Mayfield, Inventus Capital, SoftTech VC	1,206.6%
12/11	A	$3.5M	$10.0M	$0.37	Mayfield, Inventus Capital, SoftTech VC, SV Angel	4,737.8%

Primary round data: Forge Data. Current stock price: Quandl.
Past performance is no guarantee of future results. There can be no assurance that any investment will achieve its objectives or avoid substantial losses.

Company	Sector	IPO Date	IPO Price/Share	Price/Share as of 12/27/24	Since IPO
PROCEPT BioRobotics	Healthcare	9/15/2021	$25	$82.01	228.0%

Round Date	Series	Amount Raised	Post Money Valuation	Price/Share	Lead Investors	Since IPO
6/21	G	$85.0M	$872.6M	$4.02	Fidelity, T. Rowe Price Associates, CPMG, Perceptive Advisors, Viking Global Investors LP, Duquesne Family Office	1,940.0%
7/20	F	$77.5M	$529.8M	$3.10	Undisclosed Investors	2,545.5%
1/18	E	$121.1M	$397.5M	$2.89	Viking Global Investors LP, Perceptive Advisors, CPMG	2,737.7%
7/15	D	$41.9M	$93.6M	$1.07	Novo A/S, CPMG	7,564.5%
9/13	C	$7.1M	$42.4M	$1.00	Undisclosed Investors	8,101.0%
1/09	A	$3.1M	$24.9M	$0.53	Undisclosed Investors	15,373.6%
1/09	B	$5.9M	$24.9M	$0.68	Undisclosed Investors	11,960.3%

Primary round data: Forge Data. Current stock price: Quandl.
Past performance is no guarantee of future results. There can be no assurance that any investment will achieve its objectives or avoid substantial losses.

Greater access to growth

Our Private Market Specialists can tailor curated investment opportunities as well as liquidity for existing positions.

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Company	Sector	IPO Date	IPO Price/Share	Price/Share as of 12/27/24	Since IPO
Procore Technologies	Industrial	5/20/2021	$84	$76.36	-9.1%

Round Date	Series	Amount Raised	Post Money Valuation	Price/Share	Lead Investors	Since IPO
4/20	I	$244.9M	$5.0B	$37.87	ICONIQ Capital, Bessemer Venture Partners, D1 Capital Partners	101.6%
7/19	H-1	$103.5M	$3.2B	$26.75	Undisclosed investors	185.5%
12/18	H	$74.9M	$3.0B	$25.48	Bessemer Venture Partners, ICONIQ Capital, Lumia Capital, Tiger Global Management	199.7%
12/16	G	$49.9M	$981.2M	$9.31	ICONIQ Capital, Persistence Partners	720.2%
2/16	F	$79.9M	$512.8M	$5.09	Undisclosed investors	1,400.2%
3/15	E	$29.9M	$211.1M	$2.49	ICONIQ Capital, Bessemer Venture Partners	2,966.7%
11/14	D	$16.0M	$71.8M	$1.00	Bessemer Venture Partners, TenOneTen Ventures	7,536.0%
9/09	C	$194.2K	$5.8M	$0.10	Bessemer Venture Partners	76,260.0%
1/07	B	$2.9M	$13.6M	$0.26	Great Pacific Capital, Persistence Capital Partners, Lead Edge Capital, Lumia Capital	29,269.2%
1/04	A	$665.7K	$3.7M	$0.10	Essex Capital, Tech Coast Angels, O'Connor Ventures	76,260.0%

Primary round data: Forge Data. Current stock price: Quandl.
Past performance is no guarantee of future results. There can be no assurance that any investment will achieve its objectives or avoid substantial losses.

Company	Sector	IPO Date	IPO Price/Share	Price/Share as of 12/27/24	Since IPO
Rent the Runway	Consumer & Lifestyle	10/27/2021	$21	$9.35	-55.5%

Round Date	Series	Amount Raised	Post Money Valuation	Price/Share	Lead Investors	Since IPO
4/20	G	$50.0M	$874.0M	$14.74	SuRo Capital	-36.6%
3/19	F	$135.0M	$992.7M	$22.35	Advance Venture Partners, Bain Capital, Blue Pool Capital, Fidelity Investments, Franklin Templeton Investments, Hamilton Lane, Kleiner Perkins, Manhattan Venture Partners, Reform Ventures, TCV, T. Rowe Price	-58.2%
3/18	E	$80.9M	$773.3M	$21.76	Fidelity Management, Advance.net, Bain Capital Ventures, Highland Capital Partners, TCV	-57.0%
12/14	D	$61.5M	$456.1M	$17.04	Technology Crossover Ventures, Sherpa Capital, TCV, 2020 Ventures, Advance.net, Bain Capital Ventures, Highland Capital Partners	-45.1%
3/13	C1	$3.8M	$255.4M	$11.11	American Express Ventures, Novel TMT Ventures	-15.8%
11/12	C	$20.4M	$251.3M	$11.11	Advance Publications, 2020 Ventures, Bain Capital Ventures, Highland Capital Partners, Kleiner Perkins Caufield & Byers	-15.8%
6/11	B	$15.4M	$155.6M	$8.00	Kleiner Perkins Caufield & Byers	16.9%
2/10	A	$15.0M	$50.0M	$2.89	Highland Capital Partners, Recruit Strategic Partners, Bain Capital Ventures	223.5%

Primary round data: Forge Data. Current stock price: Quandl.
Past performance is no guarantee of future results. There can be no assurance that any investment will achieve its objectives or avoid substantial losses.

Company	Sector	IPO Date	IPO Price/Share	Price/Share as of 12/27/24	Since IPO
Rivian	Transportation	11/20/2021	$78	$13.65	-82.5%

Round Date	Series	Amount Raised	Post Money Valuation	Price/Share	Lead Investors	Since IPO
1/21	F	$2.6B	$28.3B	$36.85	T. Rowe Price, Fidelity, Amazon, Coatue Management, D1 Capital Partners, Third Point Ventures	-63.0%
7/20	E	$2.4B	$12.0B	$15.49	T. Rowe Price, Amazon, Baron Capital, BlackRock, Coatue Management, Fidelity, Soros Fund Management	-11.9%
12/19	D	$1.2B	$8.5B	$10.74	T. Rowe Price, Amazon, Ford Motor Company, BlackRock	27.1%
9/19	C	$383.8M	$7.0B	$9.09	Cox Automotive	50.2%
4/19	B	$500.0M	$6.0B	$7.59	Ford Motor Company	79.8%
2/19	A	$600.0M	$4.0B	$5.11	Amazon	167.1%

Primary round data: Forge Data. Current stock price: Quandl.
Past performance is no guarantee of future results. There can be no assurance that any investment will achieve its objectives or avoid substantial losses.

Invest intelligently

Forge Data provides investors with real-time private market trade pricing, volume, bid/ask spreads and more.

Company	Sector	IPO Date	IPO Price/Share	Price/Share as of 12/27/24	Since IPO
Robinhood	FinTech	7/29/2021	$38	$39.02	2.7%

Round Date	Series	Amount Raised	Post Money Valuation	Price/Share	Lead Investors	Since IPO
2/21	G-1	$3.4B	$18.8B	$18.60	Ribbit Capital, ICONIQ Capital, Andreessen Horowitz, Sequoia Capital, Index Ventures, New Enterprise Associates	109.8%
9/20	G	$688.2M	$11.6B	$15.50	D1 Capital Partners, 9Yards Capital, Andreessen Horowitz, DST Global, Founders Circle Capital, Ribbit Capital, Sequoia Capital, Redalpine Venture Partners, Sung Capital Partners	151.7%
7/20	F	$600.0M	$8.6B	$12.50	Sequoia Capital, 9Yards Capital, New Enterprise Associates, Ribbit Capital, Unusual Ventures, TSG Consumer, IVP	212.2%
7/19	E	$373.0M	$7.6B	$12.48	DST Global, Ribbit Capital, New Enterprise Associates, Thrive Capital, Sequoia Capital	212.7%
4/18	D	$362.9M	$5.6B	$10.15	DST Global, ARRIVE, CapitalG, Sequoia Capital, Kleiner Perkins, New Enterprise Associates, Greenoaks Capital Partners, Thrive Capital, Hard Yaka, Techstars, Amplo (Spring), ICONIQ Capital	284.4%
4/17	C	$110.0M	$1.3B	$2.51	DST Global, Index Ventures, New Enterprise Associates, Ribbit Capital, Greenoaks Capital, Proioxis Ventures, MicroVentures, Thrive Capital	1,454.6%
5/15	B	$50.9M	$270.0M	$0.64	New Enterprise Associates, Vaizra Ventures, Index Ventures, Cornerstone Angels, LocalGlobe, Ribbit Capital, Jordan Mendell, Neotribe Ventures, Draper Associates, NKM Capital, Machine Shop Ventures, Sound Ventures, Social Leverage	5,996.9%
9/14	A	$25.7M	$65.6M	$0.20	Index Ventures, Ribbit Capital, Howard Lindzon, Slow Ventures, Aaron Levie, Snoop Dogg, Jared Leto, Jason Calacanis, Chad Byers, Lee Linden, Nasir Jones	19,410.0%

Primary round data: Forge Data. Current stock price: Quandl.
Past performance is no guarantee of future results. There can be no assurance that any investment will achieve its objectives or avoid substantial losses.

Company	Sector	IPO Date	IPO Price/Share	Price/Share as of 12/27/24	Since IPO
Roblox	Consumer & Lifestyle	3/10/2021	$45	$59.45	32.1%

Round Date	Series	Amount Raised	Post Money Valuation	Price/Share	Lead Investors	Since IPO
1/21	H	$519.9M	$29.5B	$45.00	Altimeter Capital, Dragoneer Investment Group, Warner Music Group, Investment Group of Santa Barbara	32.1%
2/20	G	$149.9M	$4.0B	$6.34	Altos Ventures, Andreessen Horowitz, Meritech Capital Partners, Temasek Holdings, Tencent Holdings, Tiger Global Management	837.7%
9/18	F	$149.9M	$2.5B	$4.53	Greylock Partners, Tiger Global Management, Altos Ventures, Meritech Capital Partners, Greenspring Associates, Index Ventures	1,212.4%
3/17	E	$25.0M	$495.0M	$1.03	Index Ventures, Meritech Capital Partners	5,671.8%
6/11	D-1	$4.1M	$40.2M	$0.09	Altos Ventures, First Round Capital	65,955.6%
8/09	D	$2.1M	$15.0M	$0.04	Altos Ventures, First Round Capital	148,525.0%
7/09	C	$2.9M	$9.0M	$0.03	First Round Capital, Altos Ventures, Kleiner Perkins	198,066.7%
8/06	B	$1.0M	$4.0M	$0.02	Undisclosed investors	297,150.0%
1/05	A	$327.1K	$2.1M	$0.02	Undisclosed investors	297,150.0%

Primary round data: Forge Data. Current stock price: Quandl.
Past performance is no guarantee of future results. There can be no assurance that any investment will achieve its objectives or avoid substantial losses.

Company	Sector	IPO Date	IPO Price/Share	Price/Share as of 12/27/24	Since IPO
Samsara	Enterprise Software	12/15/2021	$23	$44.42	93.1%

Round Date	Series	Amount Raised	Post Money Valuation	Price/Share	Lead Investors	Since IPO
5/20	F	$699.9M	$5.4B	$11.06	Andreessen Horowitz, General Catalyst, Dragoneer Investment Group, Tiger Global Management, AllianceBernstein, Franklin Templeton, General Atlantic, Sands Capital Management, Warburg Pincus	301.6%
12/18	E	$109.9M	$3.6B	$8.87	Andreessen Horowitz, General Catalyst	400.8%
3/18	D	$49.9M	$1.4B	$3.50	Andreessen Horowitz, General Catalyst	1,169.1%
6/17	C	$40.0M	$530.0M	$1.43	Andreessen Horowitz, General Catalyst	3,006.3%
11/16	B	$15.0M	$240.0M	$0.76	Andreessen Horowitz	5,744.7%
5/15	A	$25.0M	$115.0M	$0.37	Andreessen Horowitz	11,905.4%

Primary round data: Forge Data. Current stock price: Quandl.
Past performance is no guarantee of future results. There can be no assurance that any investment will achieve its objectives or avoid substantial losses.

Greater access to growth

Our Private Market Specialists can tailor curated investment opportunities as well as liquidity for existing positions.

Speak With a Specialist

Company	Sector	IPO Date	IPO Price/Share	Price/Share as of 12/27/24	Since IPO
SentinelOne	Enterprise Software	6/30/2021	$46	$22.45	-51.2%

Round Date	Series	Amount Raised	Post Money Valuation	Price/Share	Lead Investors	Since IPO
11/20	F	$290.1M	$3.0B	$12.06	Tiger Global Management, Sequoia Capital, Insight Partners, Third Point Ventures	86.2%
2/20	E	$152.6M	$1.1B	$4.86	Accel, Insight Partners, Qualcomm Ventures, Redpoint Ventures, Samsung Venture Investment, The Westly Group, Third Point Ventures, Tiger Global Management, UpWest Labs, Vista Equity Partners	361.9%
6/19	D	$95.4M	$576.8M	$3.28	Insight Partners, Samsung Venture Investment, NextEquity Partners, Data Collective, Granite Hill Capital Partners, Third Point Ventures, Sound Ventures, Redpoint Ventures, Ashton Kutcher, Tiger Global Management	584.5%
1/17	C	$70.4M	$210.0M	$1.75	Redpoint Ventures, Data Collective, Granite Hill Capital Partners, The Westly Group, Third Point Ventures, SineWave Ventures, ITOCHU Technology Ventures, Sound Ventures, Ashton Kutcher, Andy Bechtolsheim	1,182.9%
10/15	B	$24.3M	$98.2M	$1.20	Third Point Ventures, Tiger Global Management, Data Collective, Granite Hill Capital Partners, The Westly Group, Sound Ventures, SineWave Ventures	1,770.8%
4/14	A	$10.0M	$47.0M	$0.78	Tiger Global Management, Accel, Data Collective, Granite Hill Capital Partners, The Westly Group	2,778.2%

Primary round data: Forge Data. Current stock price: Quandl.
Past performance is no guarantee of future results. There can be no assurance that any investment will achieve its objectives or avoid substantial losses.

Company	Sector	IPO Date	IPO Price/Share	Price/Share as of 12/27/24	Since IPO
Sprinklr	Enterprise Software	6/23/2021	$16	$8.53	-46.7%

Round Date	Series	Amount Raised	Post Money Valuation	Price/Share	Lead Investors	Since IPO
9/20	G-1	$99.9M	$2.7B	$9.25	Hellman & Friedman	-7.8%
9/20	G-2	$99.9M	$2.7B	$11.00	Hellman & Friedman	-22.5%
6/16	F	$105.2M	$1.8B	$9.00	Battery Ventures, Capnova, EDB Investments, ICONIQ Capital, Intel Capital, Temasek Holdings, Wellington Management	-5.2%
3/15	E-2	$7.7M	$1.7B	$8.00	Undisclosed Investors	6.6%
3/15	E-1	$25.8M	$1.6B	$5.90	Azure Capital Partners, Battery Ventures, ICONIQ Capital, Intel Capital	44.6%
3/15	D-2	$29.9M	$1.1B	$5.40	Azure Capital Partners, Battery Ventures, ICONIQ Capital, Intel Capital	58.0%
5/14	D	$39.9M	$536.9M	$3.00	Battery Ventures, ICONIQ Capital, Intel Capital	184.3%
11/13	C	$17.4M	$261.1M	$1.53	Battery Ventures, Intel Capital	457.5%
2/13	B	$14.9M	$79.1M	$0.52	Battery Ventures, Intel Capital	1,540.4%
3/12	A	$5.2M	$24.1M	$0.20	Undisclosed Investors	4,165.0%

Primary round data: Forge Data. Current stock price: Quandl.
Past performance is no guarantee of future results. There can be no assurance that any investment will achieve its objectives or avoid substantial losses.

Company	Sector	IPO Date	IPO Price/Share	Price/Share as of 12/27/24	Since IPO
Sweetgreen	Consumer & Lifestyle	11/18/2021	$28	$32.37	15.6%

Round Date	Series	Amount Raised	Post Money Valuation	Price/Share	Lead Investors	Since IPO
1/21	J	$155.9M	$1.8B	$17.10	Undisclosed Investors	89.3%
9/19	I	$149.9M	$1.5B	$17.10	D1 Capital Partners, Lone Pine Capital	89.3%
11/18	H	$199.9M	$1.0B	$13.04	Fidelity, Revolution, Inside Capital, T. Rowe Price	148.2%
11/16	G	$69.8M	$587.8M	$9.00	T. Rowe Price, CNF Investments, Revolution, David Barber, Almanac Investments, Breakaway Innovation Group, Alrai Capital, Hanaco Venture Capital	259.7%
6/15	F	$36.8M	$404.5M	$7.67	T. Rowe Price, Revolution Growth, Corstone Capital, Warren Capital Group	322.0%
11/14	E	$19.2M	$189.4M	$4.07	Red Sea Ventures, Collaborative Fund, Revolution Growth, Scott Belsky, Gary Hirshberg, Danny Meyer, Daniel Boulud	695.3%
12/13	D	$22.4M	$108.0M	$2.69	Revolution Growth, Donn Davis, Bobby Yazdani, Jared Hecht, Signatures Capital	1,103.3%
3/13	C	$7.7M	$61.2M	$2.01	Undisclosed Investors	1,510.4%
2/12	B	$5.4M	$36.0M	$1.43	Undisclosed Investors	2,163.6%
10/10	A	$4.5M	$17.8M	$0.85	Kal Vepuri, Undisclosed Investors	3,708.2%

Primary round data: Forge Data. Current stock price: Quandl.
Past performance is no guarantee of future results. There can be no assurance that any investment will achieve its objectives or avoid substantial losses.

Invest intelligently

Forge Data provides investors with real-time private market trade pricing, volume, bid/ask spreads and more.

Company	Sector	IPO Date	IPO Price/Share	Price/Share as of 12/27/24	Since IPO
The Honest Company	Consumer & Lifestyle	5/5/2021	$16	$6.93	-56.7%

Round Date	Series	Amount Raised	Post Money Valuation	Price/Share	Lead Investors	Since IPO
6/18	F	$49.9M	$911.3M	$9.80	Undisclosed investors	-29.3%
11/17	E	$67.8M	$861.3M	$9.80	Fidelity Investments	-29.3%
8/15	D	$103.9M	$1.6B	$22.88	Glade Brook Capital, AllianceBernstein, Fidelity Investments, Wellington Management, Lawrence Hsu, Struck Capital and Institutional Venture Partners	-69.7%
8/14	C	$70.0M	$820.0M	$13.54	Wellington Management Company, Dragoneer Investment Group, Fidelity Investments, ICONIQ Capital, Lightspeed Venture Partners, Institutional Venture Partners, General Catalyst Partners, Bam Ventures	-48.8%
11/13	B	$24.9M	$299.9M	$5.49	Institutional Venture Partners, Iconiq Capital, Lightspeed Venture Partners, Pritzker Group Venture Capital, General Catalyst Partners	26.2%
4/12	A-1	$21.0M	$88.5M	$1.82	Institutional Venture Partners, General Catalyst Partners, Lightspeed Venture Partners	280.8%
9/11	A	$6.0M	$19.5M	$0.53	General Catalyst Partners, Lightspeed Venture Partners and Institutional Venture Partners	1,207.5%

Primary round data: Forge Data. Current stock price: Quandl.
Past performance is no guarantee of future results. There can be no assurance that any investment will achieve its objectives or avoid substantial losses.

Company	Sector	IPO Date	IPO Price/Share	Price/Share as of 12/27/24	Since IPO
thredUP	Consumer & Lifestyle	3/26/2021	$14	$1.39	-90.1%

Round Date	Series	Amount Raised	Post Money Valuation	Price/Share	Lead Investors	Since IPO
8/19	F	$99.9M	$666.4M	$6.88	Irving Investors, Park West Asset Management, Redpoint Ventures, Highland Capital Partners, Upfront Ventures, Goldman Sachs	-79.8%
1/18	E-1	$36.5M	$453.9M	$6.26	Undisclosed Investors	-77.8%
8/15	E	$80.9M	$412.6M	$6.26	FUEL Capital, Goldman Sachs Investment Partners, Highland Capital Partners, Redpoint Ventures, Trinity Ventures	-77.8%
7/14	D	$25.0M	$113.5M	$2.26	Doug Atkin, Highland Capital Partners, James Reinhart, Redpoint Ventures, Trinity Ventures	-38.5%
9/12	C	$14.5M	$59.7M	$1.49	Highland Capital Partners, Redpoint Ventures, Trinity Ventures	-6.7%
3/11	B	$6.9M	$25.4M	$0.90	Redpoint Ventures, Trinity Ventures	54.4%
6/10	A-1	$1.4M	$5.3M	$0.27	Founder Collective, NextView Ventures, Third Kind Venture Capital, Trinity Ventures	414.8%
2/10	A	$245.0K	$300.0K	$0.23	Bill Trenchard, David Veisel, Hironori Maeda, Rob Go, Sim Blaustein, Tomasz Tunguz	504.3%

Primary round data: Forge Data. Current stock price: Quandl.
Past performance is no guarantee of future results. There can be no assurance that any investment will achieve its objectives or avoid substantial losses.

Company	Sector	IPO Date	IPO Price/Share	Price/Share as of 12/27/24	Since IPO
Toast	Consumer & Lifestyle	9/22/2021	$40	$37.50	-6.3%

Round Date	Series	Amount Raised	Post Money Valuation	Price/Share	Lead Investors	Since IPO
2/20	F	$407.6M	$4.8B	$9.09	Alta Park Capital, Bessemer Venture Partners, Durable Capital Partners, Greenoaks Capital Partners, G Squared, Light Street Capital Management, TCV, Tiger Global Management, TPG Capital, T. Rowe Price	312.5%
4/19	E	$249.9M	$2.6B	$5.46	Bessemer Venture Partners, TCV, Tiger Global Management, T. Rowe Price	586.8%
7/18	D	$114.9M	$1.6B	$3.46	Bessemer Venture Partners, Generation Investment Management, G Squared, Lead Edge Capital, Tiger Global Management, T. Rowe Price	983.8%
6/17	C	$54.1M	$504.0M	$1.40	Bessemer Venture Partners, Generation Investment Management, GV, Lead Edge Capital, Teamworthy Ventures, TriplePoint Venture Growth	2,578.6%
1/16	B	$29.9M	$125.0M	$0.39	GV, Bessemer Venture Partners	9,515.4%
12/13	A	$1.5M	$10.0M	$0.08	GV, Genentech, New Enterprise Associates, Mohr Davidow Ventures	46,775.0%

Primary round data: Forge Data. Current stock price: Quandl.
Past performance is no guarantee of future results. There can be no assurance that any investment will achieve its objectives or avoid substantial losses.

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Our Private Market Specialists can tailor curated investment opportunities as well as liquidity for existing positions.

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Company	Sector	IPO Date	IPO Price/Share	Price/Share as of 12/27/24	Since IPO
Tyra Biosciences	Healthcare	9/17/2021	$16	$14.07	-12.1%

Round Date	Series	Amount Raised	Post Money Valuation	Price/Share	Lead Investors	Since IPO
3/21	B	$106.2M	$348.3M	$27.43	Nextech Invest, Cormorant Asset Management, BVF Partners, Janus Henderson Investors, Logos, Alta Partners, RA Capital, Boxer Capital, Cannaan	-48.7%
1/20	A	$51.3M	$68.4M	$8.25	Alta Partners, RA Capital Management, Boxer Capital, Canaan	70.5%

Primary round data: Forge Data. Current stock price: Quandl.
Past performance is no guarantee of future results. There can be no assurance that any investment will achieve its objectives or avoid substantial losses.

Company	Sector	IPO Date	IPO Price/Share	Price/Share as of 12/27/24	Since IPO
Udemy	Education	10/29/2021	$29	$8.06	-72.2%

Round Date	Series	Amount Raised	Post Money Valuation	Price/Share	Lead Investors	Since IPO
11/20	F	$50.0M	$3.3B	$24.13	Learn Capital, Tencent Holdings, Winter Capital	-66.6%
2/20	E	$40.0M	$2.0B	$15.57	Benesse Holdings	-48.2%
5/15	D	$103.8M	$693.0M	$6.22	Prosus Ventures, Stripes, Insight Venture Partners, Norwest Venture Partners	29.6%
5/14	C	$31.9M	$182.0M	$2.00	Norwest Venture Partners, Insight Venture Partners, MHS Capital	303.0%
12/12	B	$12.3M	$42.1M	$0.54	Insight Venture Partners	1,392.6%
10/11	A1	$2.9M	$10.8M	$0.20	MHS Capital, Learn Capital, Signia Venture Partners	3,930.0%
8/10	A	$2.0M	$9.7M	$0.24	Lightbank	3,258.3%

Primary round data: Forge Data. Current stock price: Quandl.
Past performance is no guarantee of future results. There can be no assurance that any investment will achieve its objectives or avoid substantial losses.

Company	Sector	IPO Date	IPO Price/Share	Price/Share as of 12/27/24	Since IPO
UiPath	Enterprise Software	4/21/2021	$56	$12.88	-77.0%

Round Date	Series	Amount Raised	Post Money Valuation	Price/Share	Lead Investors	Since IPO
2/21	F	$749.9M	$34.8B	$62.28	Alkeon, Coatue Management, Altimeter Capital, Dragoneer Investment Group, IVP, Sequoia Capital, Tiger Global Management, T. Rowe Price	-79.3%
7/20	E	$225.0M	$10.2B	$18.59	Alkeon, Accel, Coatue Management, Dragoneer Investment Group, IVP, Madrona Venture Group, Sequoia Capital, Tencent, Tiger Global Management, Wellington Drive Technologies, T. Rowe Price	-30.7%
4/19	D-1	$452.5M	$7.0B	$13.12	Accel, CapitalG, Coatue Management, Dragoneer Investment Group, IVP, Madrona Venture Group, Sands Capital Ventures, Sequoia Capital, Wellington Drive Technologies	-1.8%
4/19	D-2	$130.9M	$7.0B	$13.12	Accel, CapitalG, Coatue Management, Dragoneer Investment Group, IVP, Madrona Venture Group, Sands Capital Ventures, Sequoia Capital, Wellington Drive Technologies	-1.8%
11/18	C-1	$125.1M	$3.0B	$6.38	Accel, CapitalG, IVP, Madrona Venture Group, Meritech Capital Partners, Sequoia Capital	101.9%
11/18	C-2	$104.9M	$3.0B	$6.38	Accel, CapitalG, IVP, Madrona Venture Group, Meritech Capital Partners, Sequoia Capital	101.9%
3/18	B-1	$117.9M	$1.1B	$2.70	Accel, CapitalG, Credo Ventures, Earlybird Venture Capital, Kleiner Perkins, Seedcamp	377.0%
3/18	B-2	$34.9M	$1.1B	$2.70	Accel, CapitalG, Credo Ventures, Earlybird Venture Capital, Kleiner Perkins, Seedcamp	377.0%
5/17	A-2	$1.5M	$109.6M	$0.03	Credo Ventures, Earlybird Venture Capital, Roland Manger, Seedcamp	42,833.3%
5/17	A-1	$29.6M	$8.6M	$0.31	Accel, Credo Ventures, Earlybird Venture Capital, Seedcamp	4,054.8%

Primary round data: Forge Data. Current stock price: Quandl.
Past performance is no guarantee of future results. There can be no assurance that any investment will achieve its objectives or avoid substantial losses.

Invest intelligently

Forge Data provides investors with real-time private market trade pricing, volume, bid/ask spreads and more.

Company	Sector	IPO Date	IPO Price/Share	Price/Share as of 12/27/24	Since IPO
Weave	Enterprise Software	11/11/2021	$24	$16.12	-32.8%

Round Date	Series	Amount Raised	Post Money Valuation	Price/Share	Lead Investors	Since IPO
10/19	D	$69.9M	$1.0B	$14.90	Tiger Global Management, Catalyst Investors, Bessemer Venture Partners, Lead Edge Capital, Crosslink Capital, Pelion Venture Partners	8.2%
11/18	C	$37.5M	$305.4M	$5.35	Lead Edge Capital, Catalyst Investors, Bessemer Venture Partners, Crosslink Capital, Pelion Venture Partners	201.3%
10/17	B1	$22.2M	$83.2M	$1.69	Catalyst Investors, Crosslink Capital, Pelion Venture Partners, Bessemer Venture Partners, Hemisphere Ventures	853.8%
11/15	B	$15.8M	$62.0M	$1.69	Crosslink Capital, Pelion Ventures Partners, A.Capital Ventures, Y Combinator, Initialized Capital, Peak Capital, Joe Montana, Ron Mahabir, Geoff Ralston	853.8%
6/14	A	$5.1M	$36.0M	$1.68	A.Capital Ventures, Homebrew, FUEL Capital, SV Angel, Initialized Capital Management, FundersClub, Y Combinator, Utah Angels 2, Gary Rubens, Mike Edelhart	859.5%
3/14	AA	$1.0M	$10.0M	$0.21	Undisclosed Investors	7,576.2%

Primary round data: Forge Data. Current stock price: Quandl.
Past performance is no guarantee of future results. There can be no assurance that any investment will achieve its objectives or avoid substantial losses.

Company	Sector	IPO Date	IPO Price/Share	Price/Share as of 12/27/24	Since IPO
Xometry	Industrial	6/30/2021	$44	$44.18	0.4%

Round Date	Series	Amount Raised	Post Money Valuation	Price/Share	Lead Investors	Since IPO
9/20	E	$32.6M	$551.3M	$13.62	T. Rowe Price, Inc. Durable Capital Partners, ArrowMark Partners, BMW i Ventures, Greenspring Associates, Dell Technologies Capital, Robert Bosch Venture Capital, Foundry Group, Highland Capital Partners, Almaz Capital	224.4%
5/19	D	$55.0M	$380.9M	$10.02	Greenspring Associates, Dell Technologies Capital, BMW i Ventures, Foundry Group, GE Ventures, Highland Capital Partners, Maryland Venture Fund and Almaz Capital	340.9%
7/18	C	$24.9M	$195.0M	$6.65	Foundry Group, GE Ventures, BMW i Ventures, Almaz Capital, Maryland Venture Fund and Highland Capital Partners	564.4%
6/17	B	$15.0M	$125.0M	$5.13	BMW i Ventures, GE Ventures and Highland Capital Partners	761.2%
2/17	A-2	$6.9M	$90.5M	$4.40	GE Ventures, Highland Capital Partners, undisclosed investors	904.1%
11/15	A-1	$8.7M	$40.0M	$2.09	Johnson & Johnson, Roche Venture Fund, MPM Capital New Enterprise Associates, Google Ventures	2,013.9%

Primary round data: Forge Data. Current stock price: Quandl.
Past performance is no guarantee of future results. There can be no assurance that any investment will achieve its objectives or avoid substantial losses.

Company	Sector	IPO Date	IPO Price/Share	Price/Share as of 10/18/22	Since IPO
Zymergen	Healthcare	4/22/2021	$31	$2.43	-92.2%

Round Date	Series	Amount Raised	Post Money Valuation	Price/Share	Lead Investors	Since IPO
9/20	D	$300.0M	$1.7B	$22.33	SoftBank, Baillie Gifford, Baron Funds, DCVC Bio, Perceptive Adivsors, True Ventures	-89.1%
12/18	C	$434.5M	$1.0B	$17.00	SoftBank, Data Collective, Innovation Endeavors, Draper Fisher Jurvetson Management, Two Sigma Ventures, Goldman Sachs (GSAM Credit Alternatives), Hanwha Asset Management	-85.7%
10/16	B	$142.3M	$455.0M	$10.11	SoftBank, Data Collective, True Ventures, AME Cloud Ventures, Draper Fisher Jurvetson, Innovation Endeavors, Obvious Ventures, Two Sigma Ventures, ICONIQ Capital, Prelude Ventures, Tao Capital Partners	-76.0%
6/15	A	$36.5M	$89.5M	$4.99	The Data Collective, ushan Ventures, AME Cloud Ventures, Draper Fisher Jurvetson, HVF, Innovation Endeavors, Obvious Ventures, True Ventures, Two Sigma Ventures	-51.3%
6/15	A-1	$6.6M	$75.7M	$0.76	The Data Collective, ushan Ventures, AME Cloud Ventures, Draper Fisher Jurvetson, HVF, Innovation Endeavors, Obvious Ventures, True Ventures, Two Sigma Ventures	219.7%

Primary round data: Forge Data. Current stock price: Quandl.
Past performance is no guarantee of future results. There can be no assurance that any investment will achieve its objectives or avoid substantial losses.

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Our Private Market Specialists can tailor curated investment opportunities as well as liquidity for existing positions.

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About Forge

Forge Global Holdings, Inc. (together with its subsidiaries, “Forge”) is a leading provider of marketplace infrastructure, data services and technology solutions for private market participants. By combining world-class trading technology and operating expertise, Forge Markets enables private company shareholders to trade private company shares with accredited investors. Forge Company Solutions, Forge Data and Forge Trust along with Forge Markets help provide additional transparency, access and solutions that companies, institutional and accredited investors need to confidently navigate and efficiently transact in the private markets. Securities-related services are offered through Forge Securities LLC (“Forge Securities”), a wholly-owned subsidiary of Forge. Forge Securities is a registered Broker Dealer and Member of FINRA/SIPC.

Legal Notices and Disclosures

The information and material presented in this article is provided for your informational purposes only and does not constitute an offer by Forge to sell, or a solicitation of an offer to buy any securities and may not be used or relied upon in connection with any offer or sale of securities. An offer or solicitation can be made only through the delivery of final offering document(s), purchase agreement(s), and other applicable documentation, and will be subject to the terms and conditions and risks delivered in such documents.

This article does not constitute an offer to provide investment advice or service. Registered representatives of Forge Securities do not (1) advise any member on the merits or prudence of a particular investment or transaction, or (2) assist in the determination of fair value of any security or investment, or (3) provide legal, tax, or transactional advisory services. Securities referenced in this article may be offered by Forge Securities, and certain Forge affiliates may act as principals in such transactions.

Investing in private company securities is not suitable for all investors. An investment in private company securities is highly speculative, involves a high degree of risk, and you should be prepared to withstand a total loss of your investment. Private company securities are also highly illiquid and there is no guarantee that a market will develop for such securities. Each investment also carries its own specific risks and investors should conduct their own, independent due diligence regarding the investment, including obtaining additional information about the company, opinions, financial projections and legal or investment advice. Accordingly, investing in private company securities is appropriate only for those investors who can tolerate a high degree of risk and do not require a liquid investment.

Past performance is not indicative of future results.