$30.99 $30.99-$29.01 (-48.35%)-$13.63 (-30.55%)+$11.87 (62.08%)+$20.24 (188.28%)+$0.00 (0.00%)+$0.00 (0.00%)
| Funding Date | Round | Amount Raised | Price Per Share | Post-Money Valuation 3 | Key Investors | |
|---|---|---|---|---|---|---|
| 02/04/2026 | Series E-1 | $300MM | $30.99 | $2.24B | Cambium Capital Management, Intel, Vista Equity Partners | |
|
Price Per Share
$30.99
Shares Outstanding
9,679,325
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Cambium Capital Management, Intel, Vista Equity Partners
|
||||||
| 02/04/2026 | Series E-2 | $44.87MM | $21.70 | $2.24B | Cambium Capital Management, Intel, Vista Equity Partners | |
|
Price Per Share
$21.70
Shares Outstanding
2,068,175
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Cambium Capital Management, Intel, Vista Equity Partners
|
||||||
| 04/13/2021 | Series D-1 | $626.41MM | $95.02 | $5.11B | Blackrock, Gic, Gv, Intel, Softbank, Temasek, Walden International, Wrvi Capital | |
|
Price Per Share
$95.02
Shares Outstanding
6,592,584
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Blackrock, Gic, Gv, Intel, Softbank, Temasek, Walden International, Wrvi Capital
|
||||||
| 04/13/2021 | Series D-3 | $49.59MM | $95.02 | $5.11B | Blackrock, Gic, Gv, Intel, Softbank, Temasek, Walden International, Wrvi Capital | |
|
Price Per Share
$95.02
Shares Outstanding
521,854
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Blackrock, Gic, Gv, Intel, Softbank, Temasek, Walden International, Wrvi Capital
|
||||||
| 02/25/2020 | Series C-2 | $50MM | $53.24 | $2.5B | Blackrock, Gv, Intel, Redline Capital, Walden International, Wrvi Capital | |
|
Price Per Share
$53.24
Shares Outstanding
939,116
Liquidation Pref Order
3
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Blackrock, Gv, Intel, Redline Capital, Walden International, Wrvi Capital
|
||||||
| 02/25/2020 | Series C-1 | $158.1MM | $53.24 | $2.5B | Blackrock, Gv, Intel, Redline Capital, Walden International, Wrvi Capital | |
|
Price Per Share
$53.24
Shares Outstanding
2,969,462
Liquidation Pref Order
3
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Blackrock, Gv, Intel, Redline Capital, Walden International, Wrvi Capital
|
||||||
| 04/01/2019 | Series B | $141.6MM | $22.07 | $883.28MM | Atlantic Bridge Ventures, Gv, Intel, Redline Capital, Walden International | |
|
Price Per Share
$22.07
Shares Outstanding
6,417,284
Liquidation Pref Order
3
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Atlantic Bridge Ventures, Gv, Intel, Redline Capital, Walden International
|
||||||
| 06/06/2018 | Series A | $56.6MM | $6.51 | $211.58MM | Atlantic Bridge Ventures, Gv, Redline Capital, Walden International | |
|
Price Per Share
$6.51
Shares Outstanding
8,690,957
Liquidation Pref Order
3
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Atlantic Bridge Ventures, Gv, Redline Capital, Walden International
|
||||||
| 09/22/2017 | Series Seed | $4MM | $0.79 | $18MM | Walden International | |
|
Price Per Share
$0.79
Shares Outstanding
5,090,937
Liquidation Pref Order
3
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Walden International
|
||||||
The AI market has exploded in recent years, but the sector isn't just limited to the biggest names like OpenAI and Nvidia. Plenty of smaller yet still unicorn-status AI startups have also emerged, such as SambaNova Systems.
The rapid pace of AI innovation isn't limited to the largest firms with $10 billion-plus valuations, such as OpenAI, Anthropic and Scale AI. The recent release of DeepSeek AI's chatbot showed that not all AI breakthroughs are coming from the largest or most well-funded firms. Beyond DeepSeek, there are a number of smaller companies reporting technological breakthroughs with high post-money valuations.
| Trade Metrics | Last Funding Round | |||||||
|---|---|---|---|---|---|---|---|---|
| Company | Forge Price | Last Matched | Round | Post-Money Valuation 3 | Price Per Share | Amount Raised | ||
| Anthropic | $259.14 -$13.84 (5.07%) | $xx.xx | Series G-1 | $380B | $259.14 | $15.04B | |
| Databricks | $196.29 +$0.09 (0.05%) | $xx.xx | Series L | $134B | $190.00 | $5B | |
| Glean | $53.41 -$0.43 (0.80%) | $xx.xx | Series F | $7.2B | $49.02 | $150MM | |
 | Groq | $29.77 -$4.96 (14.28%) | $xx.xx | Series D-3 | $6.9B | $32.16 | $750MM | |
 | Helsing | Not available | $xx.xx | Not available | -- | -- | -- | |
| OpenAI | $728.16 +$0.18 (0.02%) | $xx.xx | Series C | $840B | $687.69 | $110B | |
| Perplexity | $69.54 +$6.59 (10.47%) | $xx.xx | Series E-6 | $20.39B | $69.54 | $525MM | |
 | Physical Intelligence | Not available | $xx.xx | Series B | $5.6B | $271.56 | $600MM | |
 | Scale AI | Not available | $xx.xx | Series G-2 | $29.18B | $19.64 | $7.15B | |
 | Thinking Machines Lab | $305.97 +$19.73 (6.89%) | $xx.xx | Series Seed | $12B | $283.41 | $1.86B | |
Updated on: Feb 25, 2026
PLEASE READ THESE IMPORTANT LEGAL NOTICES & DISCLOSURES
‘Stock Price’ or other private company metrics (‘PC Data’) may rely on a very limited number of trade and/or IOI inputs in their calculation. PC Data is prepared and disseminated solely for informational purposes. While Forge has obtained information from sources it believes to be reliable, Forge does not perform an audit or undertake any duty of due diligence or independent verification of any information it receives. Forge does not guarantee the accuracy, completeness, timeliness, or availability of PC Data, and are not responsible for any errors or omissions, regardless of the cause, or any results obtained from the use of PC Data. PC Data is derived from the performance and pricing of secondary activity on the Forge platform and other private market trading platforms. PC Data is not intended to, and does not necessarily, represent the market price of any securities (I.e., the price at which you could buy or sell such securities). Reference to company names does not imply any affiliation between Forge and that company, any endorsement or sponsorship by Forge of any company or vice versa, or any partnership, joint venture or other commercial relationship between Forge and any company. Rights with respect to any company marks referred to herein are owned by the company.
The news articles displayed on this page may be curated using artificial intelligence (AI) technology, which selects relevant content from a list of trusted web sources. While we strive for accuracy and reliability, the inclusion of an article does not imply endorsement or verification of its content. This communication is for informational purposes only. Investors should conduct their own research and consult a financial professional before making investment decisions.
Investing in private company securities is not suitable for all investors, is highly speculative, is high risk, and investors should be prepared to withstand a total loss of their investment. Private company securities are highly illiquid and there is no guarantee that a market will develop for such securities. Each investment carries its own risks, and investors should conduct their own due diligence regarding the investment, including obtaining independent professional advice. Past performance is not indicative of future results. This is not a recommendation, offer, solicitation of an offer, or advice to buy or sell securities by Forge, nor an offer of brokerage services in any jurisdiction where Forge is not permitted to offer brokerage services. Brokerage products and services are offered by Forge Securities LLC, a registered broker-dealer and member FINRA/SIPC. Please see other important disclaimers, disclosures and restrictions you acknowledge by using this website and to which you are subject.
