Key facts
- Forage’s last known valuation is $238.0M (Jan 2025).
- It has raised $57.5M; the latest was Later Stage VC ($35.0M) in Jan 2025.
- Notable investors include Y Combinator, Hustle Fund, Sprint VC, PayPal Ventures, Mucker Capital — 18 tracked in total.
- 1 investment vehicle was formed to buy Forage shares in the last 12 months, reporting $209K sold to 2 investors, per SEC Form D filings.
- Status: Privately Held (backing).
- ·The complete investor list — 18 names
- ·Watchlist + deal alerts for Forage
- ·The full record, as it builds
Funding rounds
No funding rounds for Forage are on record yet — either the company hasn't raised institutional capital, or the raise hasn't surfaced in our sources.
Secondary demand: investment vehicles
from SEC Form D filingsIn the last 12 months, 1 investment vehicle were formed to buy Forage shares, reporting $209K sold to 2 investors. Most recent filing Feb 2026. Vehicles like these are how secondary buyers pool demand for a name; a rising count is a demand signal.
About Forage
Developer of a financial platform designed to improve the efficiency of government subsidies. The company's platform offers pre-built components for smooth checkouts, rapid USDA certification, fraud protection, and real-time analytics, operates with proven reliability, and is already USDA-approved, enabling merchants to accept EBT payments and providing accessibility to necessities for people with government assistance.
- Sector
- Information Technology
- HQ
- San Francisco, CA, United States
- Founded
- 2019
- Employees
- 50
- Website
- joinforage.com/
- Ownership
- Privately Held (backing)
Forage doesn't have a composite mark yet — a PA Mark is published once enough pricing inputs exist (trade prints, fund marks, round prices). The rest of the record below builds toward it.
Recorded secondary trades
No secondary trades in Forage shares have been recorded yet. When a print lands — third-party, direct report, or platform — it appears here with structure, source, and price.
Institutional fund marks
No SEC-registered fund has reported a fair-value mark on Forage in its N-PORT filings yet. We sweep new filings monthly.