What is Forj?
Forj operates as a leading virtual events and member experience platform, specifically catering to associations and professional community organizations. Its core function is to empower these entities to activate and expand their communities by attracting a greater number of members and sponsors. The platform facilitates seamless online interactions, virtual event hosting, and robust member engagement tools, thereby enabling organizations to cultivate stronger, more dynamic communities in the digital space.
How much funding has Forj raised?
Forj has raised a total of $19.5M across 2 funding rounds:
Unspecified
$4.5M
Series A
$15M
Unspecified (2021): $4.5M with participation from Baird Capital and GCI
Series A (2023): $15M led by Baird Capital, Plymouth Ventures, and GCI
Key Investors in Forj
Baird Capital
Baird Capital is a private equity and venture capital firm that invests in founder-led B2B tech and services companies globally. They manage two distinct investment strategies: Global Private Equity and Venture Capital, focusing on sectors where they possess deep institutional knowledge.
Plymouth Ventures
Straylight Capital provides growth capital for resilient founders and teams in the B2B technology sector, specifically targeting companies with revenues between $3-13 million that are ready for the next stage of growth.
GCI
Established in 1979, GCI is headquartered in Anchorage, Alaska. They are a telecommunications provider with services including internet, mobile, TV, and more.
What's next for Forj?
With the recent infusion of major strategic capital, Forj is poised for accelerated expansion and enhanced product development. The company's focus on enabling associations and professional communities to grow their membership and sponsorship base suggests a strategic direction towards scaling its operational capacity and broadening its market reach. This enterprise-level funding will likely be instrumental in refining its virtual event and member experience offerings, solidifying its position as a key player in the community engagement technology sector and driving further innovation in how organizations connect with their constituents.
See full Forj company page
