# Forge Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/forge-technologies

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.joinforge.com
- Total disclosed funding: $3.2M
- Latest round: Seed (Feb 12, 2019)
- Investors on record: 10

## About

Forge Technologies, based in the US, specializes in developing innovative solutions that enhance operational efficiency and collaboration for businesses in various industries, including frontline workforce management.Founded in 2015 and headquartered in San Francisco, US, Forge Technologies provides advanced software solutions aimed at improving workforce productivity. The company was acquired by WorkJam, Inc. in February 2020, enhancing its capabilities and market reach. Richard Brien serves as the CEO.Forge Technologies offers a comprehensive platform tailored to enhance operational efficiency for frontline teams across diverse sectors. Their core product suite includes tools for task management, employee training, effective communication, flexible staffing solutions, and access to early wages, addressing challenges faced by deskless workers. The platform facilitates seamless interactions between management and frontline employees, empowering them with necessary resources for exceptional service delivery. Forge primarily serves industries such as retail, healthcare, and logistics, with clients that include significant organizations like Woolworths, and operates in various international markets, including North America and parts of Europe.Forge Technologies generates revenue through a subscription-based model, whereby businesses engage with the platform under tiered subscription plans designed to meet their unique operational needs. The model supports B2B partnerships, charging recurring fees for access to features related to employee communication, task management, and learning solutions. Specific pricing details are not disclosed, but the structure allows for scalability, accommodating varied client demands for workforce management solutions.Following its recent acquisition by WorkJam, Forge Technologies plans to leverage its new resources to introduce additional products aimed at enhancing workforce management by 2021. The funding from its latest Seed round amounting to USD 1.70 mn, raised in February 2020, will be allocated towards developing these innovations and expanding its reach into new markets, particularly in Europe and the Asia-Pacific region.

## Funding rounds

- Seed, Feb 12, 2019, $1.7M — Brainstorm Ventures, Social Capital, ACME Capital, 1517 Fund, UP2398, KittyHawk Ventures
- Seed, Jan 20, 2016, $1.5M — Social Capital, LAUNCH, ACME Capital, Dorm Room Fund, 1517 Fund, UP2398, Inevitable Ventures, XRC Labs

## Investors

- Social Capital (https://capitalatlas.ai/funds/social-capital) — Seed
- LAUNCH (https://capitalatlas.ai/funds/launch) — Seed
- ACME Capital (https://capitalatlas.ai/funds/acme-capital) — Seed
- Dorm Room Fund (https://capitalatlas.ai/funds/dorm-room-fund) — Seed
- 1517 Fund (https://capitalatlas.ai/funds/1517-fund) — Seed
- UP2398 (https://capitalatlas.ai/funds/up2398) — Seed
- Inevitable Ventures (https://capitalatlas.ai/funds/inevitable-ventures) — Seed
- XRC Labs — Seed
- Brainstorm Ventures (https://capitalatlas.ai/funds/brainstorm-ventures) — Seed
- KittyHawk Ventures (https://capitalatlas.ai/funds/kittyhawk-ventures) — Seed