How Much Did Forage Raise?
Funding & Key Investors

Forage has successfully secured a significant capital injection, bringing its total funding to $9.3M. This latest financing round, which saw a recent funding amount of $9.3M, underscores the company's pivotal role in bridging the gap between academic preparation and professional employment. By attracting high-caliber institutional support, Forage continues to solidify its market position as a transformative force in the global talent acquisition landscape.

The company's growth trajectory, marked by this major strategic investment, reflects a broader industry shift toward skill-based hiring and equitable access to career opportunities. As Forage scales its operations, the infusion of capital serves as a catalyst for expanding its reach into new enterprise markets and enhancing its digital platform capabilities.

What is Forage?

Forage
EducationTraining

Headquartered in San Francisco, Forage operates at the intersection of education and workforce development. Founded in 2017, the platform provides students from diverse backgrounds with virtual work experience programs that simulate real-world tasks at top-tier companies. By removing traditional barriers to entry, Forage enables candidates to demonstrate their competencies directly to employers, effectively democratizing access to high-growth career paths. The company's model is increasingly viewed as a critical infrastructure component for modern recruitment, allowing firms to identify talent based on demonstrated ability rather than pedigree alone.

How much funding has Forage raised?

Forage has raised a total of $9.3M across 1 funding round:

2020

Series A

$9.3M

Series A (2020): $9.3M with participation from Arizona State University, FundersClub Inc, Lightspeed Venture Partners, and Y Combinator

Key Investors in Forage

Lightspeed Venture Partners

A global multistage venture capital firm that invests in early and growth-stage technology companies across sectors such as enterprise software, consumer, and fintech.

Y Combinator

A premier startup accelerator based in Mountain View that provides seed funding and strategic guidance to high-potential technology ventures.

Arizona State University

A leading public metropolitan research university that actively engages in innovation and educational technology initiatives to improve student outcomes.

What's next for Forage?

With the backing of major institutional investors, Forage is well-positioned to accelerate its enterprise-level expansion. The strategic focus will likely center on deepening partnerships with global corporations to integrate virtual internships into standard hiring workflows. Furthermore, the company is expected to leverage this capital to refine its assessment algorithms and broaden its curriculum offerings, ensuring that its platform remains the premier destination for early-career professionals seeking to bridge the gap between education and industry. As the labor market continues to evolve, Forage's ability to scale its impact will be a key indicator of its long-term viability in the competitive EdTech sector.

See full Forage company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Education industry

Colleges & UniversitiesEducationTrainingK-12 Schools
Colleges & UniversitiesEducation
EducationK-12 Schools
EducationK-12 Schools

Frequently Asked Questions Regarding Forage Financial Insights

What are the most recent funding rounds that Forage has completed, and what were the funding rounds?
Forage has recently completed 1 funding rounds: Series A on Sep 17, 2020.
What is the total amount of funding Forage has raised to date?
Forage has raised a total of $9.3M in funding to date.
How many funding rounds has Forage completed?
Forage has completed 1 funding rounds.
How much funding did Forage raise in its most recent funding round?
Forage raised $9.3M in its most recent funding round.
Who are the lead investors in Forage's latest funding round?
The lead investor in Forage's latest funding round was Arizona State University. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Forage's history?
The largest funding round in Forage's history was $9.3M.
See more information about Forage