Diligence memo · auto-generated · as of July 2, 2026
Forge Technology, Inc
Forge Technology, Inc looks under-valued against its niche peers and is quiet on financing cadence.
Businessfiled
Forge Technology, Inc operates in Software / Tech, based in LOS ANGELES.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Forge Technology, Inc has raised $21M in disclosed capital across 2 recorded rounds, aggregated from public filings. Its latest round is modeled as Series B (a $15M–$40M round).
Largest single filing: $16M on 2022-05-13.
Most recent recorded round closed around 2024-10-08.
Valuation (modeled)modeled
Provath models Forge Technology, Inc at approximately $37M (range $13M–$64M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Under-valued. Modeled value is 0.18× the median modeled value of Series B Software / Tech companies in 2022–2024 (174 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 29 months.
Last raise 21 mo ago; this sector typically re-raises about every 13 months.
Slightly overdue versus sector cadence.
The last round was 2.8× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 80% of Software / Tech peers (3920 compared).
Modeled value ranks above 52% of those peers.
Closest niche peers: Argyle Systems Inc., Shoreline Software, Inc., ALICE Technologies, Inc., Tint Technologies Inc., Vanilla Technologies Inc..
Peoplefiled
2 named people on file across officers, directors and signatories.
Risks & flagsmixed
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.