The Forge Private Market Index

Benchmark for actively traded private companies

The Forge Private Market Index reflects the up-to-date performance and pricing activity of venture-backed, late-stage companies that are actively traded in the private market.

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Tanium$4.14Positive Change$0.09 (2%)
Algolia$14.69Negative Change$2.81 (16%)
Rappi$25.79Negative Change$3.03 (11%)
DataRobot$2.00Negative Change$0.54 (21%)
SpaceX$113.50Positive Change$0.10 (0%)
SambaNova Systems$28.26Positive Change$0.26 (1%)
Shield AI$50.00Positive Change$2.59 (5%)
Cohesity$16.00Positive Change$0.17 (1%)
Relativity Space$15.51Negative Change$0.41 (3%)
Chime$24.38Negative Change$1.10 (4%)
Workrise$148.08Negative Change$1.92 (1%)
Stripe$25.00Negative Change$1.17 (4%)
Chainalysis$12.84Positive Change$0.79 (7%)
Patreon$12.00Negative Change$0.25 (2%)
Anduril$30.03Positive Change$0.08 (0%)
Attentive$15.00Positive Change$1.27 (9%)
Menlo Security$2.75Negative Change$1.41 (34%)
Scale AI$14.72Positive Change$0.07 (0%)
Mercury$77.21Negative Change$4.21 (5%)
Motive$3.77Negative Change$0.29 (7%)
Tanium$4.14Positive Change$0.09 (2%)
Algolia$14.69Negative Change$2.81 (16%)
Rappi$25.79Negative Change$3.03 (11%)
DataRobot$2.00Negative Change$0.54 (21%)
SpaceX$113.50Positive Change$0.10 (0%)
SambaNova Systems$28.26Positive Change$0.26 (1%)
Shield AI$50.00Positive Change$2.59 (5%)
Cohesity$16.00Positive Change$0.17 (1%)
Relativity Space$15.51Negative Change$0.41 (3%)
Chime$24.38Negative Change$1.10 (4%)
Workrise$148.08Negative Change$1.92 (1%)
Stripe$25.00Negative Change$1.17 (4%)
Chainalysis$12.84Positive Change$0.79 (7%)
Patreon$12.00Negative Change$0.25 (2%)
Anduril$30.03Positive Change$0.08 (0%)
Attentive$15.00Positive Change$1.27 (9%)
Menlo Security$2.75Negative Change$1.41 (34%)
Scale AI$14.72Positive Change$0.07 (0%)
Mercury$77.21Negative Change$4.21 (5%)
Motive$3.77Negative Change$0.29 (7%)
What is the Forge Price™ shown above?Info
All data included updated as of 10/9/24
Index Performance of Hypothetical $10,000
Green down chevron
Forge Private Market Index
QQQ
IWM
IPO
Annual Returns 2019 2020 2021 2022 2023 2024 YTD
Forge Private Market Index 34.4% 72.3% 112.9% -44.3% -20.2% 2.5%
IPO ETF 35.0% 108.5% -10.3% -57.3% 52.5% 13.8%

Non-Forge Private Market Index data from Quandl and Sharadar.

The performance of the Forge Private Market Index above does not represent the performance of any actual investment, as you cannot invest in the index, but rather reflects the hypothetical growth of a $10,000 investment in a basket of securities based on the Index. Read additional disclaimers.

Index Composition

Companies

Name Sector Subsector Weight Return QTD Return YTD
6sense
Enterprise Software / Sales & Marketing / Adtech
Chevron
Return QTD
-19%
Weight
1.09%
Return YTD
-17%
Enterprise Software Sales & Marketing / Adtech 1.09% -19% -17%
Addepar
FinTech / FinTech software
Chevron
Return QTD
2%
Weight
1.36%
Return YTD
14%
FinTech FinTech software 1.36% 2% 14%
Algolia
Enterprise Software / Software Development
Chevron
Return QTD
0%
Weight
1.33%
Return YTD
-16%
Enterprise Software Software Development 1.33% 0% -16%
Anduril
Industrial / Aerospace & Defense
Chevron
Return QTD
1%
Weight
1.35%
Return YTD
54%
Industrial Aerospace & Defense 1.35% 1% 54%
Anthropic
Enterprise Software / Data Intelligence
Chevron
Return QTD
0%
Weight
1.33%
Return YTD
-36%
Enterprise Software Data Intelligence 1.33% 0% -36%
Apollo Graph
Enterprise Software / Software Development
Chevron
Return QTD
0%
Weight
1.33%
Return YTD
-33%
Enterprise Software Software Development 1.33% 0% -33%
Apollo.io
Enterprise Software / Sales & Marketing / Adtech
Chevron
Return QTD
0%
Weight
1.33%
Return YTD
4%
Enterprise Software Sales & Marketing / Adtech 1.33% 0% 4%
Arctic Wolf
Enterprise Software / Cybersecurity
Chevron
Return QTD
21%
Weight
1.61%
Return YTD
20%
Enterprise Software Cybersecurity 1.61% 21% 20%
Attentive
Enterprise Software / Sales & Marketing / Adtech
Chevron
Return QTD
0%
Weight
1.33%
Return YTD
-1%
Enterprise Software Sales & Marketing / Adtech 1.33% 0% -1%
Automation Anywhere
Enterprise Software / Productivity
Chevron
Return QTD
-11%
Weight
1.18%
Return YTD
-19%
Enterprise Software Productivity 1.18% -11% -19%
Aviatrix
Enterprise Software / Cybersecurity
Chevron
Return QTD
0%
Weight
1.33%
Return YTD
-7%
Enterprise Software Cybersecurity 1.33% 0% -7%
Cerebras
Technology Hardware / Computing hardware
Chevron
Return QTD
10%
Weight
1.46%
Return YTD
232%
Technology Hardware Computing hardware 1.46% 10% 232%
Chainalysis
FinTech / Blockchain software
Chevron
Return QTD
0%
Weight
1.33%
Return YTD
9%
FinTech Blockchain software 1.33% 0% 9%
Chime
FinTech / Digital Banking
Chevron
Return QTD
-4%
Weight
1.27%
Return YTD
49%
FinTech Digital Banking 1.27% -4% 49%
Cohesity
Enterprise Software / Data Management / Storage
Chevron
Return QTD
1%
Weight
1.35%
Return YTD
-14%
Enterprise Software Data Management / Storage 1.35% 1% -14%
ConsenSys
FinTech / Blockchain
Chevron
Return QTD
0%
Weight
1.33%
Return YTD
-32%
FinTech Blockchain 1.33% 0% -32%
Databricks
Enterprise Software / Data Intelligence
Chevron
Return QTD
0%
Weight
1.33%
Return YTD
5%
Enterprise Software Data Intelligence 1.33% 0% 5%
Dataminr
Enterprise Software / Data Intelligence
Chevron
Return QTD
0%
Weight
1.33%
Return YTD
10%
Enterprise Software Data Intelligence 1.33% 0% 10%
DataRobot
Enterprise Software / Data Intelligence
Chevron
Return QTD
0%
Weight
1.33%
Return YTD
-36%
Enterprise Software Data Intelligence 1.33% 0% -36%
Discord
Consumer & Lifestyle / Social
Chevron
Return QTD
0%
Weight
1.33%
Return YTD
-9%
Consumer & Lifestyle Social 1.33% 0% -9%
Epic Games
Consumer & Lifestyle / Gaming
Chevron
Return QTD
-3%
Weight
1.29%
Return YTD
3%
Consumer & Lifestyle Gaming 1.29% -3% 3%
EquipmentShare
Industrial / Construction
Chevron
Return QTD
0%
Weight
1.33%
Return YTD
58%
Industrial Construction 1.33% 0% 58%
Fanatics
Consumer & Lifestyle / Clothing, Fashion, Beauty & Apparel
Chevron
Return QTD
0%
Weight
1.33%
Return YTD
-30%
Consumer & Lifestyle Clothing, Fashion, Beauty & Apparel 1.33% 0% -30%
Farmer's Business Network
FoodTech / AgTech
Chevron
Return QTD
-19%
Weight
1.08%
Return YTD
-37%
FoodTech AgTech 1.08% -19% -37%
Figma
Consumer & Lifestyle / Consumer & Lifestyle Enterprise Software
Chevron
Return QTD
0%
Weight
1.33%
Return YTD
-12%
Consumer & Lifestyle Consumer & Lifestyle Enterprise Software 1.33% 0% -12%
Figure AI
Industrial / Robotics
Chevron
Return QTD
0%
Weight
1.33%
Return YTD
340%
Industrial Robotics 1.33% 0% 340%
Flexport
Industrial / Logistics
Chevron
Return QTD
0%
Weight
1.33%
Return YTD
-33%
Industrial Logistics 1.33% 0% -33%
FloQast
Enterprise Software / Business Operations
Chevron
Return QTD
0%
Weight
1.33%
Return YTD
19%
Enterprise Software Business Operations 1.33% 0% 19%
Gecko Robotics
Industrial / Robotics
Chevron
Return QTD
0%
Weight
1.33%
Return YTD
0%
Industrial Robotics 1.33% 0% 0%
Glean
Enterprise Software / Data Intelligence
Chevron
Return QTD
0%
Weight
1.33%
Return YTD
277%
Enterprise Software Data Intelligence 1.33% 0% 277%
Groq
Technology Hardware / Computing hardware
Chevron
Return QTD
0%
Weight
1.33%
Return YTD
39%
Technology Hardware Computing hardware 1.33% 0% 39%
Harness
Enterprise Software / Software Development
Chevron
Return QTD
0%
Weight
1.33%
Return YTD
-3%
Enterprise Software Software Development 1.33% 0% -3%
Highspot
Enterprise Software / Sales & Marketing / Adtech
Chevron
Return QTD
0%
Weight
1.33%
Return YTD
-37%
Enterprise Software Sales & Marketing / Adtech 1.33% 0% -37%
Impossible Foods
FoodTech / Animal-free protein
Chevron
Return QTD
-2%
Weight
1.31%
Return YTD
-36%
FoodTech Animal-free protein 1.31% -2% -36%
INRIX
Enterprise Software / Data Intelligence
Chevron
Return QTD
-18%
Weight
1.09%
Return YTD
-55%
Enterprise Software Data Intelligence 1.09% -18% -55%
Intercom
Enterprise Software / Sales & Marketing / Adtech
Chevron
Return QTD
0%
Weight
1.33%
Return YTD
-24%
Enterprise Software Sales & Marketing / Adtech 1.33% 0% -24%
Kraken
FinTech / Blockchain
Chevron
Return QTD
0%
Weight
1.33%
Return YTD
80%
FinTech Blockchain 1.33% 0% 80%
Lambda
Enterprise Software / Data Intelligence
Chevron
Return QTD
0%
Weight
1.33%
Return YTD
786%
Enterprise Software Data Intelligence 1.33% 0% 786%
LeoLabs
Industrial / Aerospace & Defense
Chevron
Return QTD
0%
Weight
1.33%
Return YTD
-7%
Industrial Aerospace & Defense 1.33% 0% -7%
Menlo Security
Enterprise Software / Cybersecurity
Chevron
Return QTD
0%
Weight
1.33%
Return YTD
-34%
Enterprise Software Cybersecurity 1.33% 0% -34%
Mercury
FinTech / Digital Banking
Chevron
Return QTD
0%
Weight
1.33%
Return YTD
7%
FinTech Digital Banking 1.33% 0% 7%
Motive
Industrial / Logistics
Chevron
Return QTD
-3%
Weight
1.29%
Return YTD
-3%
Industrial Logistics 1.29% -3% -3%
Netskope
Enterprise Software / Cybersecurity
Chevron
Return QTD
-3%
Weight
1.30%
Return YTD
8%
Enterprise Software Cybersecurity 1.30% -3% 8%
Neuralink
Healthcare / Medical Devices
Chevron
Return QTD
0%
Weight
1.33%
Return YTD
126%
Healthcare Medical Devices 1.33% 0% 126%
OpenAI
Enterprise Software / Data Intelligence
Chevron
Return QTD
57%
Weight
2.10%
Return YTD
99%
Enterprise Software Data Intelligence 2.10% 57% 99%
Outreach
Enterprise Software / Sales & Marketing / Adtech
Chevron
Return QTD
0%
Weight
1.33%
Return YTD
-44%
Enterprise Software Sales & Marketing / Adtech 1.33% 0% -44%
Patreon
Consumer & Lifestyle / Consumer & Lifestyle Enterprise Software
Chevron
Return QTD
0%
Weight
1.33%
Return YTD
4%
Consumer & Lifestyle Consumer & Lifestyle Enterprise Software 1.33% 0% 4%
Plaid
FinTech / Personal Finance
Chevron
Return QTD
0%
Weight
1.33%
Return YTD
0%
FinTech Personal Finance 1.33% 0% 0%
Postman
Enterprise Software / Software Development
Chevron
Return QTD
0%
Weight
1.33%
Return YTD
1%
Enterprise Software Software Development 1.33% 0% 1%
PsiQ
Technology Hardware / Computing hardware
Chevron
Return QTD
0%
Weight
1.33%
Return YTD
137%
Technology Hardware Computing hardware 1.33% 0% 137%
Ramp
FinTech / Payments
Chevron
Return QTD
0%
Weight
1.33%
Return YTD
46%
FinTech Payments 1.33% 0% 46%
Rappi
Transportation / Delivery services
Chevron
Return QTD
0%
Weight
1.33%
Return YTD
-1%
Transportation Delivery services 1.33% 0% -1%
Redwood Materials
Energy / Energy Storage
Chevron
Return QTD
-5%
Weight
1.26%
Return YTD
-1%
Energy Energy Storage 1.26% -5% -1%
Relativity Space
Industrial / Aerospace & Defense
Chevron
Return QTD
-3%
Weight
1.30%
Return YTD
-32%
Industrial Aerospace & Defense 1.30% -3% -32%
Ripple
FinTech / Payments
Chevron
Return QTD
3%
Weight
1.38%
Return YTD
29%
FinTech Payments 1.38% 3% 29%
Rippling
Enterprise Software / Human Resources
Chevron
Return QTD
-9%
Weight
1.22%
Return YTD
51%
Enterprise Software Human Resources 1.22% -9% 51%
SambaNova Systems
Enterprise Software / Data Intelligence
Chevron
Return QTD
1%
Weight
1.35%
Return YTD
6%
Enterprise Software Data Intelligence 1.35% 1% 6%
SandboxAQ
Enterprise Software / Cybersecurity
Chevron
Return QTD
18%
Weight
1.57%
Return YTD
-19%
Enterprise Software Cybersecurity 1.57% 18% -19%
Scale AI
Enterprise Software / Data Intelligence
Chevron
Return QTD
0%
Weight
1.33%
Return YTD
54%
Enterprise Software Data Intelligence 1.33% 0% 54%
Shield AI
Industrial / Aerospace & Defense
Chevron
Return QTD
0%
Weight
1.33%
Return YTD
14%
Industrial Aerospace & Defense 1.33% 0% 14%
SingleStore (MemSQL)
Enterprise Software / Data Management / Storage
Chevron
Return QTD
0%
Weight
1.33%
Return YTD
-30%
Enterprise Software Data Management / Storage 1.33% 0% -30%
SpaceX
Industrial / Aerospace & Defense
Chevron
Return QTD
1%
Weight
1.34%
Return YTD
28%
Industrial Aerospace & Defense 1.34% 1% 28%
Starburst Data
Enterprise Software / Data Intelligence
Chevron
Return QTD
-6%
Weight
1.25%
Return YTD
-69%
Enterprise Software Data Intelligence 1.25% -6% -69%
Stripe
FinTech / Payments
Chevron
Return QTD
0%
Weight
1.33%
Return YTD
6%
FinTech Payments 1.33% 0% 6%
TAE Technologies
Energy / Clean Energy
Chevron
Return QTD
0%
Weight
1.33%
Return YTD
-44%
Energy Clean Energy 1.33% 0% -44%
Tanium
Enterprise Software / Cybersecurity
Chevron
Return QTD
-5%
Weight
1.26%
Return YTD
-6%
Enterprise Software Cybersecurity 1.26% -5% -6%
ThoughtSpot
Enterprise Software / Data Intelligence
Chevron
Return QTD
0%
Weight
1.33%
Return YTD
-53%
Enterprise Software Data Intelligence 1.33% 0% -53%
Thrive Market
FoodTech / Food Products & Services
Chevron
Return QTD
0%
Weight
1.33%
Return YTD
10%
FoodTech Food Products & Services 1.33% 0% 10%
Turo
Transportation / Ridesharing
Chevron
Return QTD
0%
Weight
1.33%
Return YTD
-12%
Transportation Ridesharing 1.33% 0% -12%
Vectra AI
Enterprise Software / Cybersecurity
Chevron
Return QTD
0%
Weight
1.33%
Return YTD
7%
Enterprise Software Cybersecurity 1.33% 0% 7%
Workato
Enterprise Software / Productivity
Chevron
Return QTD
0%
Weight
1.33%
Return YTD
-9%
Enterprise Software Productivity 1.33% 0% -9%
Workrise
Enterprise Software / Human Resources
Chevron
Return QTD
0%
Weight
1.33%
Return YTD
6%
Enterprise Software Human Resources 1.33% 0% 6%
xAI
Enterprise Software / Data Intelligence
Chevron
Return QTD
0%
Weight
1.33%
Return YTD
0%
Enterprise Software Data Intelligence 1.33% 0% 0%
Zipline
Transportation / Delivery services
Chevron
Return QTD
0%
Weight
1.33%
Return YTD
-29%
Transportation Delivery services 1.33% 0% -29%
ZocDoc
Healthcare / Digital Health
Chevron
Return QTD
0%
Weight
1.33%
Return YTD
59%
Healthcare Digital Health 1.33% 0% 59%

Sector Allocation

Enterprise Software49.7%
FinTech13.3%
Industrial13.3%
Consumer & Lifestyle6.6%
Technology Hardware4.1%
Transportation4.0%
FoodTech3.7%
Healthcare2.7%
Energy2.6%

Methodology

The index is valued daily, with daily website updates and annual rebalance and reconstitution.
  • The index includes U.S. domiciled companies that have raised at least one round of primary funding and have higher relative secondary liquidity in the past 12 months.
  • Companies are selected for index inclusion based on a proprietary scoring model which incorporates key pricing and liquidity information such as closed trade prices, volume, and bid/ask pricing indications.

Designed for both existing and new private market participants

Benchmark for actively traded private companies with secondary liquidity.

Measure the performance of venture backed, late-stage companies relative to other asset classes.

Research new investment ideas and manage existing private positions.

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“Index Performance of Hypothetical $10,000” chart full disclaimer with respect to Forge Private Market Index performance:
The chart above does not represent the performance of any actual investment, as you cannot invest in an index. Additionally, it assumes reinvestment of dividends and capital gains in the constituent securities but does not reflect any fees or commissions that may be incurred in purchasing or selling such securities, which would lower the figures shown if included. Further, $10,000 may not be a sufficient amount to invest simultaneously in all securities contributing to the performance shown, which would further prevent an investor from matching the performance shown. The performance shown represents past performance, and past performance is not indicative of future results.

Neither reference to company names, nor inclusion of companies in the Forge Private Market Index, implies any affiliation between Forge or its affiliates and any company, any endorsement or sponsorship of Forge or its affiliates by any company or vice versa, or any partnership, joint venture or other commercial relationship between Forge or its affiliates and any company. Rights with respect to any company marks referred to herein are, as between Forge and its affiliates and such company, owned by the company.

© 2024 Forge Data LLC (“Forge Data”). All rights reserved. The Forge Private Market Index is calculated and disseminated by Forge Data and is a mark of Forge Data. The Forge Private Market Index is solely for informational purposes and is based upon information from sources believed to be reliable. It is not possible to invest in the Forge Private Market Index, and Forge Data makes no assurance that any investment products based on or underlying the Forge Private Market Index will accurately track index performance or provide positive investment returns. Forge Data is not an investment adviser and makes no representation regarding the advisability of investing in any asset classes or investment vehicles. Private company securities are highly illiquid, and the Forge Private Market Index may rely on a very limited number of trade and/or IOI inputs in its calculation. Brokerage products and services are offered by Forge Securities LLC, a registered broker-dealer and member FINRA/SIPC. Please see Forge Private Market Index Disclaimers & Acknowledgments for other important disclaimers, disclosures and restrictions related to the Forge Private Market Index that you acknowledge by using this website and to which you are subject.