July Private Market Update
| Funding Date | Share Class | Amount Raised | Price Per Share | Post-Money Valuation 3 | Key Investors | |
|---|---|---|---|---|---|---|
| 02/23/2022 | Series E | $197.55MM | $17.99 | $1.01B | Amoon, Civilization Ventures, Fidelity, Perceptive Advisors, Wellington Management | |
|
Price Per Share
$17.99
Shares Outstanding
10,983,667
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
2.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Amoon, Civilization Ventures, Fidelity, Perceptive Advisors, Wellington Management
|
||||||
| 03/16/2021 | Series D-1 | $27MM | $17.99 | $780.77MM | Undisclosed Investors | |
|
Price Per Share
$17.99
Shares Outstanding
1,501,200
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
2.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
|
||||||
| 05/19/2020 | Series D | $112.47MM | $15.11 | $612.85MM | Andreessen Horowitz, Cigna Ventures, Civilization Ventures, Kaiser Permanente Ventures, Norwest Venture Partners, Perceptive Advisors, Providence Ventures, Sanofi-Genzyme Bioventures, Us Venture Partners, Wellington Management | |
|
Price Per Share
$15.11
Shares Outstanding
7,443,404
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
2.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Andreessen Horowitz, Cigna Ventures, Civilization Ventures, Kaiser Permanente Ventures, Norwest Venture Partners, Perceptive Advisors, Providence Ventures, Sanofi-Genzyme Bioventures, Us Venture Partners, Wellington Management
|
||||||
| 06/14/2017 | Series C-1 | $49.99MM | $11.23 | $320.25MM | Andreessen Horowitz, Cigna, Civilization Ventures, Drx Capital, Ge Ventures, Humana, Kaiser Permanente Ventures, Norwest Venture Partners, Providence Ventures, Sanofi Genzyme Bioventures, U.S. Venture Partners | |
|
Price Per Share
$11.23
Shares Outstanding
4,452,599
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Andreessen Horowitz, Cigna, Civilization Ventures, Drx Capital, Ge Ventures, Humana, Kaiser Permanente Ventures, Norwest Venture Partners, Providence Ventures, Sanofi Genzyme Bioventures, U.S. Venture Partners
|
||||||
| 09/16/2015 | Series C | $48.67MM | $9.49 | $216.43MM | Andreessen Horowitz, Designer Fund, Drx Capital, Ge Ventures, Humana Ventures, Ideo Futures, Norwest Venture Partners, Providence Ventures, Rock Health, Us Venture Partners | |
|
Price Per Share
$9.49
Shares Outstanding
5,128,569
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Andreessen Horowitz, Designer Fund, Drx Capital, Ge Ventures, Humana Ventures, Ideo Futures, Norwest Venture Partners, Providence Ventures, Rock Health, Us Venture Partners
|
||||||
| 04/09/2014 | Series B | $2.47MM | $3.55 | $60.57MM | Andreessen Horowitz, Kaiser Permanente Ventures, The Vertical Group, U.S. Venture Partners | |
|
Price Per Share
$3.55
Shares Outstanding
696,933
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Andreessen Horowitz, Kaiser Permanente Ventures, The Vertical Group, U.S. Venture Partners
|
||||||
| 03/21/2013 | Series A | $6.43MM | $1.60 | $16.11MM | Founder Collective, Healthtech Capital, Kapor Capital, New Enterprise Associates, The Vertical Group, Triplepoint Capital, U.S. Venture Partners | |
|
Price Per Share
$1.60
Shares Outstanding
4,009,142
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Founder Collective, Healthtech Capital, Kapor Capital, New Enterprise Associates, The Vertical Group, Triplepoint Capital, U.S. Venture Partners
|
||||||
A quiet stretch in tech IPOs occurred in April and early May following the U.S. enactment of tariffs and the ensuing market volatility. In the last week, public market activity has started showing signs of life again.
The majority of Americans live with chronic conditions — like diabetes and arthritis — and 90% of healthcare spending in the U.S. goes toward chronic and mental health conditions, according to data sourced by the CDC.
| Trade Metrics | Last Funding Round | |||||||
|---|---|---|---|---|---|---|---|---|
| Company | Forge Price | Last Matched Price | Share Class | Post-Money Valuation 3 | Price Per Share | Amount Raised | ||
 | Cleerly | -- | $xx.xx | Series C | $729.01MM | $11.78 | $330.08MM | |
 | Flo Health | -- | $xx.xx | Series C | $1.2B | $59.62 | $200MM | |
 | Function Health | -- | $xx.xx | Series A-5 | $2.68B | $88.22 | $208.37MM | |
 | Headspace | -- | $xx.xx | Series B | $298.33MM | $1.93 | $38.65MM | |
 | Included Health | -- | $xx.xx | Series E | $1.13B | $3.22 | $103.04MM | |
 | Noom | -- | $xx.xx | Series F | $3.66B | $60.34 | $525.46MM | |
 | OURA | -- | $xx.xx | -- | -- | -- | -- | |
 | Paradromics | -- | $xx.xx | Series A-3 | $314.67MM | $1.17 | $21.9MM | |
 | PathAI | -- | $xx.xx | Series C | $1.11B | $29.50 | $165MM | |
 | ZocDoc | $6.33 -$0.59 (8.53%) | $xx.xx | Series D-2 | $2.62B | $29.29 | $100MM | |
Updated on: Jul 15, 2025
PLEASE READ THESE IMPORTANT LEGAL NOTICES & DISCLOSURES
‘Stock Price’ or other private company metrics (‘PC Data’) may rely on a very limited number of trade and/or IOI inputs in their calculation. PC Data is prepared and disseminated solely for informational purposes. While Forge has obtained information from sources it believes to be reliable, Forge does not perform an audit or undertake any duty of due diligence or independent verification of any information it receives. Forge does not guarantee the accuracy, completeness, timeliness, or availability of PC Data, and are not responsible for any errors or omissions, regardless of the cause, or any results obtained from the use of PC Data. PC Data is derived from the performance and pricing of secondary activity on the Forge platform and other private market trading platforms. PC Data is not intended to, and does not necessarily, represent the market price of any securities (I.e., the price at which you could buy or sell such securities). Reference to company names does not imply any affiliation between Forge and that company, any endorsement or sponsorship by Forge of any company or vice versa, or any partnership, joint venture or other commercial relationship between Forge and any company. Rights with respect to any company marks referred to herein are owned by the company.
The news articles displayed on this page may be curated using artificial intelligence (AI) technology, which selects relevant content from a list of trusted web sources. While we strive for accuracy and reliability, the inclusion of an article does not imply endorsement or verification of its content. This communication is for informational purposes only. Investors should conduct their own research and consult a financial professional before making investment decisions.
Investing in private company securities is not suitable for all investors, is highly speculative, is high risk, and investors should be prepared to withstand a total loss of their investment. Private company securities are highly illiquid and there is no guarantee that a market will develop for such securities. Each investment carries its own risks, and investors should conduct their own due diligence regarding the investment, including obtaining independent professional advice. Past performance is not indicative of future results. This is not a recommendation, offer, solicitation of an offer, or advice to buy or sell securities by Forge, nor an offer of brokerage services in any jurisdiction where Forge is not permitted to offer brokerage services. Brokerage products and services are offered by Forge Securities LLC, a registered broker-dealer and member FINRA/SIPC. Please see other important disclaimers, disclosures and restrictions you acknowledge by using this website and to which you are subject.
