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 has been acquired
This company is no longer available on our private secondary market.
Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Founded
2014
Employees
300–400
Total Funding
$245.6M
4 rounds
Completed acquisition by Charles Schwab for $45 cash/share (~$660M total), delisting FRGE from NYSE.
Forge equity converted to cash at close; no further secondary trading in FRGE shares.
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Total raised $245.6M across 4 rounds
Last updated 09-23-2026
| Date | Round | Amount Raised | Valuation | Lead Investors |
|---|---|---|---|---|
| Mar 22, 2022 | SPAC PIPE | $68.5M | — | Not disclosed |
| May 4, 2021 | Series B-1 Press release | $92.1M | — | |
| Jan 2019 | Series B (second close / extension) | $35M | — | FT Partners |
Kelly Rodriques
Chief Executive Officer, Forge; Head of Private Markets, Charles Schwab
Richard Wurster
President and Chief Executive Officer, Forge Global Holdings, Inc. (appointed on completion of the Schwab merger)
Michael Verdeschi
Vice President and Chief Financial Officer, Forge Global Holdings, Inc. (appointed on completion of the Schwab merger)
Competitor list is illustrative and may be incomplete, stale, or erroneous.
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