Introducing Forge’s Next Generation Marketplace
| Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
|---|---|---|---|---|---|---|
| 03/26/2025 | Series C | $242.55MM | $xx.xx | $3.5B | Andreessen Horowitz, Coatue Management, Crv, Marathon, Sequoia Capital, Spark Capital | |
|
Price per Share
$xx.xx
Shares Outstanding
18,752,920
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, Coatue Management, Crv, Marathon, Sequoia Capital, Spark Capital
|
||||||
| 07/03/2021 | Series B | $162.44MM | $xx.xx | $1.62B | Akshay Kothari, Andreessen Horowitz, Coatue Management, Crv, Dylan Field, Elizabeth Yin, Hunter Walk, Jack Altman, Mathilde Collins, Sapphire Ventures, Satya Patel | |
|
Price per Share
$xx.xx
Shares Outstanding
21,145,310
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
Akshay Kothari, Andreessen Horowitz, Coatue Management, Crv, Dylan Field, Elizabeth Yin, Hunter Walk, Jack Altman, Mathilde Collins, Sapphire Ventures, Satya Patel
|
||||||
| 09/30/2020 | Series B-2 | $149,997.30 | $xx.xx | $704.06MM | Caffeinated Capital, Catapult Vc | |
|
Price per Share
$xx.xx
Shares Outstanding
39,050
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
Caffeinated Capital, Catapult Vc
|
||||||
| 09/30/2020 | Series B-1 | $19.28MM | $xx.xx | $704.06MM | Caffeinated Capital, Catapult Vc | |
|
Price per Share
$xx.xx
Shares Outstanding
14,558,760
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
Caffeinated Capital, Catapult Vc
|
||||||
| 09/26/2019 | Series A-1 | $21MM | $xx.xx | $100MM | Andreessen Horowitz, Andre Iguodala, Crv, Kevin Durant, Kevin Hartz, Ryan Petersen, Scott Belsky | |
|
Price per Share
$xx.xx
Shares Outstanding
35,283,850
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, Andre Iguodala, Crv, Kevin Durant, Kevin Hartz, Ryan Petersen, Scott Belsky
|
||||||
| 09/26/2019 | Series A-2 | $124,980.88 | $xx.xx | $100MM | Andreessen Horowitz, Andre Iguodala, Crv, Kevin Durant, Kevin Hartz, Ryan Petersen, Scott Belsky | |
|
Price per Share
$xx.xx
Shares Outstanding
233,330
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, Andre Iguodala, Crv, Kevin Durant, Kevin Hartz, Ryan Petersen, Scott Belsky
|
||||||
| 09/26/2019 | Series A-3 | $344,994.28 | $xx.xx | $100MM | Andreessen Horowitz, Andre Iguodala, Crv, Kevin Durant, Kevin Hartz, Ryan Petersen, Scott Belsky | |
|
Price per Share
$xx.xx
Shares Outstanding
724,580
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, Andre Iguodala, Crv, Kevin Durant, Kevin Hartz, Ryan Petersen, Scott Belsky
|
||||||
| 09/26/2019 | Series A-4 | $100,000.13 | $xx.xx | $100MM | Andreessen Horowitz, Andre Iguodala, Crv, Kevin Durant, Kevin Hartz, Ryan Petersen, Scott Belsky | |
|
Price per Share
$xx.xx
Shares Outstanding
404,990
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, Andre Iguodala, Crv, Kevin Durant, Kevin Hartz, Ryan Petersen, Scott Belsky
|
||||||
| 09/26/2019 | Series A-5 | $719,973.90 | $xx.xx | $100MM | Andreessen Horowitz, Andre Iguodala, Crv, Kevin Durant, Kevin Hartz, Ryan Petersen, Scott Belsky | |
|
Price per Share
$xx.xx
Shares Outstanding
3,455,930
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, Andre Iguodala, Crv, Kevin Durant, Kevin Hartz, Ryan Petersen, Scott Belsky
|
||||||
| 10/04/2017 | Series Seed | $4.7MM | $xx.xx | $14.27MM | Undisclosed Investors | |
|
Price per Share
$xx.xx
Shares Outstanding
26,124,420
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
Undisclosed Investors
|
||||||
| 10/04/2017 | Series Seed-2 | $30,000.39 | $xx.xx | $14.27MM | Undisclosed Investors | |
|
Price per Share
$xx.xx
Shares Outstanding
200,390
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
Undisclosed Investors
|
||||||
| 10/04/2017 | Series Seed-1 | $199,999.00 | $xx.xx | $14.27MM | Undisclosed Investors | |
|
Price per Share
$xx.xx
Shares Outstanding
1,457,400
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
Undisclosed Investors
|
||||||
Investor interest in private markets remained resilient in Q2 2025, as technology-focused companies across artificial intelligence, fintech, aerospace, and defense continued to capture capital.
| Last Funding Round | ||||||||
|---|---|---|---|---|---|---|---|---|
| Company | Forge Price | Forge Price Change 5 | Last Closed Trade | Share Class | Post-Money Valuation | Price per Share | Amount Raised | |
 | Brex | $9.75 | -5.80% | $xx.xx | Series D-2 | $12.3B | $xx.xx | $300MM |
 | Monzo | -- | -- | $xx.xx | Series I | -- | -- | -- |
 | Nomad | -- | -- | $xx.xx | -- | -- | -- | -- |
 | Prism | -- | -- | $xx.xx | Series A | $157.45MM | $xx.xx | $21MM |
 | Qonto | -- | -- | $xx.xx | -- | -- | -- | -- |
 | Ramp | $47.50 | +21.17% | $xx.xx | Series E | $16B | $xx.xx | $200MM |
 | Starling Bank | -- | -- | $xx.xx | -- | -- | -- | -- |
 | Ualá | -- | -- | $xx.xx | -- | -- | -- | -- |
 | Upgrade | $2.50 | +21.95% | $xx.xx | Series F | $6.28B | $xx.xx | $279.6MM |
 | Varo | -- | -- | $xx.xx | Series E | -- | -- | -- |
Updated on: Jul 9, 2025
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