This platform facilitates the buying and selling of private market shares for individual and institutional investors. It provides tools for trading, proprietary pricing data like Forge Price, and market indices to enhance private market liquidity and transparency. The company also offers liquidity programs for private companies and self-directed IRA options for alternative asset investment.
Funding
$68.5M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Investors and employees of late‑stage private companies have limited avenues to buy or sell shares, and they lack transparent, real‑time pricing and market analytics for pre‑IPO assets. This illiquidity and data opacity hinder portfolio diversification and efficient capital allocation in the private market.
Solution
Forge operates a regulated marketplace that connects accredited individual investors, employee shareholders, and institutional capital providers with late‑stage venture‑backed companies seeking secondary liquidity. The platform delivers a daily proprietary price (Forge Price) for roughly 200 pre‑IPO firms and aggregates these into benchmark indices, giving participants actionable valuation signals. Through its institutional brokerage tool (Forge Pro) and customized liquidity programs, companies can run tender offers or bespoke share‑sale structures. An integrated data suite (Forge Data) offers web‑based analytics, market‑trend reports, and API access for portfolio monitoring. Additionally, Forge enables tax‑advantaged exposure via a Self‑Directed IRA trust, allowing investors to hold private equity alongside other alternative assets.
Target Audience
Primary users are accredited individual investors, employee shareholders, and institutional investors such as asset managers, family offices, venture capital firms, and wealth‑management advisors seeking exposure to late‑stage private companies.
Features
- Forge Marketplace: searchable catalog and order‑book for buying and selling private company shares with bid/ask submission workflow.
- Forge Pro: institutional brokerage interface supporting large‑ticket trades, compliance checks, and settlement automation.
- Forge Price™: daily calculated indicative price for ~200 pre‑IPO companies using proprietary valuation models.
- Forge Data: web application delivering real‑time market dashboards, custom analytics, and downloadable datasets via RESTful API.
- Private Market Index & Accuidity Index: benchmark indices tracking performance of a curated set of late‑stage private firms.
- Liquidity Programs: company‑sponsored tender offers and customized secondary‑sale solutions to unlock employee equity.
- Forge Trust (Self‑Directed IRA): tax‑advantaged account structure for holding private equity and other alternative assets.
- Role‑based access controls and end‑to‑end encryption ensuring compliance with SEC and AML regulations.