Forge Global is a financial services platform operating one of the largest marketplaces for trading private company shares. The company facilitates secondary market liquidity for shareholders, employees, and investors in late-stage private companies, and provides custody, data, and capital markets services. Originally founded in 2014 as Equidate, the company merged with SharesPost in November 2020 to become Forge Global, then went public via a SPAC merger with Motive Capital Corp on the NYSE in March 2022 under the ticker FRGE. In March 2026, Forge was acquired by The Charles Schwab Corporation in an all-cash transaction valued at approximately $660 million ($45 per share), making it a wholly owned subsidiary of Schwab and delisting it from the NYSE.
Forge Global is publicly traded
This company is no longer available on our private secondary market. Shares can be traded publicly under its listed ticker.
Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Founded
2014
Employees
300–400
Total Funding
$153.5M
3 rounds
Total raised $153.5M across 3 rounds
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Last updated 06-25-2026
Latest Round
Type
SPAC PIPE
Date
March 22, 2022
Amount
$68.5M
Valuation
—
Lead Investors
| Date | Round | Amount Raised | Valuation | Lead Investors |
|---|---|---|---|---|
| March 22, 2022 | SPAC PIPE | $68.5M | — | Not disclosed |
| January 2019 | Series B (second close / extension) | $35M | — | FT Partners |
| July 2018 | Series B (initial close) | $50M | — | Financial Technology Partners |
Kelly Rodriques
Chief Executive Officer
James Nevin
Chief Financial Officer
Mark Lee
Chief of Strategic Wealth Solutions (former CFO)
Vidya Eashwer
Chief Technology Officer
Blythe Masters
Board Director (former Motive Capital CEO)
Competitor list is illustrative and may be incomplete, stale, or erroneous.
EquityZen
New York-based private markets investment platform and broker-dealer that operates single-company funds and direct share purchases enabling accredited investors to invest in pre-IPO private companies.
Hiive
Direct secondary marketplace for private company stock that connects buyers and sellers without intermediaries, focused on transparent live pricing and lower minimums.
Nasdaq Private Market
Spun out of Nasdaq with backing from SVB, Citi, Goldman Sachs and Morgan Stanley, NPM operates tender offers, auctions, and a secondary trading platform serving private companies and their shareholders.
Carta (CartaX / Carta Liquidity)
Cap table and equity management platform that operates a secondary liquidity venue for private company shareholders alongside its core ownership-management software.
Securitize
Digital asset securities and tokenization platform offering primary issuance and a secondary marketplace (ATS) for private and tokenized securities.
tZERO
ATS and broker-dealer offering secondary trading of private and digital securities, originally backed by Overstock and now part of a broader fintech consortium.
Forge Global became publicly traded on the NYSE under the ticker FRGE on March 22, 2022 following the closing of its business combination with Motive Capital Corp, a SPAC sponsored by Motive Partners. The transaction reflected a pro forma enterprise value of approximately $2.0 billion and provided Forge with ~$215.6 million in gross cash proceeds. On November 6, 2025, The Charles Schwab Corporation announced an agreement to acquire Forge for $45 per share (~$660M total). Shareholders approved the merger and the all-cash transaction closed on March 2, 2026, after which FRGE was delisted from the NYSE and Forge became a wholly owned subsidiary of Schwab.
Forge Global shares can be purchased through any standard brokerage account — including Fidelity, Charles Schwab, TD Ameritrade, and online platforms like Robinhood or E*TRADE. Search for the ticker to place an order.
Forge Global raised $153.5M across 3 disclosed funding rounds prior to its public listing.
Forge Global is headquartered in San Francisco, CA, USA.
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