What is Forage?
Founded in 2017, Forage emerged from a vision to democratize career opportunities for students from disadvantaged backgrounds. The company's core offering provides virtual job programs designed to bridge the gap between education and employment, addressing the systemic barriers co-founders Tom and Pasha experienced firsthand. Headquartered in San Francisco, California, Forage leverages technology to create accessible pathways to internships and jobs, aiming to level the playing field in the competitive job market.
How much funding has Forage raised?
Forage has raised a total of $9.3M across 1 funding round:
Series A
$9.3M
Series A (2020): $9.3M with participation from Arizona State University, FundersClub Inc, Y Combinator, and Lightspeed Venture Partners
Key Investors in Forage
Arizona State University
Arizona State University, a public research university, likely supports Forage's mission through educational partnerships and a commitment to student success and career readiness.
Y Combinator
Y Combinator, a renowned seed accelerator, provides early-stage funding and mentorship to startups, indicating Forage's foundational potential and early-stage validation.
Lightspeed Venture Partners
Lightspeed Venture Partners, a global venture capital firm, specializes in early and growth-stage technology companies, suggesting their investment in Forage aligns with a focus on scalable enterprise software and future workforce solutions.
What's next for Forage?
The recent major strategic investment, categorized as a Series A round, positions Forage for significant scaling and expansion. This capital infusion is expected to fuel product development, enhance market reach, and strengthen strategic partnerships. The company's focus on addressing critical issues in student employment and career access suggests a trajectory aimed at becoming a dominant force in the ed-tech and HR-tech sectors, further solidifying its role in shaping future workforce development.
See full Forage company page
