# ForgeRock

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/forgerock

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.forgerock.com
- Total disclosed funding: $233M
- Latest round: Series E (Apr 6, 2020)
- Investors on record: 6

## About

Based in California, US, and founded in 2010 by co-founders Jonathan Scudder, Victor Ake, and Hermann Svoren, ForgeRock, Inc. (ForgeRock) operates as an identity management platform that provides secure connectivity solutions between devices, users, and systems. As of 2021, the company has offices in Bristol, London, Grenoble, Vancouver (USA), Oslo, Munich, Paris, Sydney, and Singapore. In April 2020, ForgeRock, Inc. raised USD 93.5 million in series E funding co-led by Accenture and Riverwood Capital, with participation from KKR. In September 2021, ForgeRock, Inc. was listed on the NYSE for USD 275 million under the ticker symbol FORG. In October 2022, Thoma Bravo agreed to acquire ForgeRock, Inc. in a public-to-private transaction from Accel, Accenture, Foundation Capital, KKR, Meritech Capital Partners, and Riverwood Capital for USD 2.3 billion in cash, or USD 23.25 per share. The acquisition was completed in August 2023 and the company became a privately held company. In August 2023, Thoma Bravo combined ForgeRock, Inc. and Ping Identity Corporation to form a single entity. The company provides enterprise, cloud, social, and mobile systems platforms for the financial, government, automotive, education, energy, engineering, and healthcare industries. ForgeRock provides digital identity and access management services through its product, the ForgeRock identity platform. The ForgeRock identity platform includes access management, identity management, directory services, and an identity gateway. ForgeRock Identity Gateway provides an identity gateway for web traffic and application programming interfaces. ForgeRock identity platform can be accessed by purchasing a commercial license from the company, and the source code of its community version is publicly available under the terms of the common development and distribution license.

## Funding rounds

- Series E, Apr 6, 2020, $93M — Accel, KKR, Meritech Capital Partners, Foundation Capital, Riverwood Capital, Accenture Technology Ventures
- Series D, Aug 21, 2017, $88M — Accel, KKR, Meritech Capital Partners, Foundation Capital
- Series C, Feb 5, 2015, $30M — Accel, Meritech Capital Partners, Foundation Capital
- Series B, Mar 29, 2013, $15M — Accel, Foundation Capital
- Series A, Feb 24, 2012, $7M — Accel

## Investors

- Accel (https://capitalatlas.ai/funds/accel) — Series A, Series B, Series C, Series D, Series E
- Foundation Capital (https://capitalatlas.ai/funds/foundation-capital) — Series B, Series C, Series D, Series E
- Meritech Capital Partners (https://capitalatlas.ai/funds/meritech-capital-partners) — Series C, Series D, Series E
- KKR (https://capitalatlas.ai/funds/kkr) — Series D, Series E
- Riverwood Capital (https://capitalatlas.ai/funds/riverwood-capital) — Series E
- Accenture Technology Ventures (https://capitalatlas.ai/funds/accenture-technology-ventures) — Series E