Forge Global
- 🦄Became a unicorn2021
- 📈Peak valuation$2 Billion ’22
- 💔Became a Unitard2023
- 💸Last valuation~$660M
The rise & fall
8 moments · 2014–2026The key moments, with employee sentiment along the way.
💬 entries paraphrase anonymous, unverified reviews posted publicly on Glassdoor ↗; dated facts carry their source.
How it happened
Forge Global runs a marketplace for buying and selling shares of private, venture-backed companies — including, fittingly, many unicorns — and went public in March 2022 via a $2.0B SPAC merger with Motive Capital Corp. As the private-market trading boom cooled, its volumes and stock sank.
In late 2025 Charles Schwab agreed to acquire Forge for about $660M, closing in March 2026 — a third of its debut valuation, a marketplace for fallen unicorns that became one itself.
Source: Businesswire / FT Partners / Forge ($2.0B SPAC merger with Motive Capital Corp, closed March 2022; Charles Schwab acquisition ~$660M at $45/share, announced Nov 6 2025, closed March 2 2026)
Founders & leadership
- Kelly RodriquesCEO (since 2018, through the Schwab acquisition)
- Sohail Prasadfounder & CEO (founded it as Equidate; Y Combinator 2012)
Current roles as self-reported on LinkedIn, retrieved 2026-08-20. See our methodology.
Disclosed investors (34)
Historical funding participation; lists may be incomplete and do not establish current ownership or investor losses.
* Lead in a funding round · Crunchbase ↗ · 2026-10-13 · Methodology · Leaderboard
