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Forge.AI

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Transforms unstructured information into structured machine ready data

Boston, United StatesFounded 2017AI
Valuation $0–100M Latest valuation · 2018
Revenue $1–10M Latest reported FY
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Forge.AI and the history behind them.

About Forge.AI

Forge.AI, founded in 2017, operates as a specialized data and intelligence firm, subsequently acquired by FiscalNote in September 2021. The company was established by the collaborative efforts of Jim Crowley, Jack Crowley, and Jennifer Lum. The founding team's vision for Forge.AI began as early as 2006, recognizing the market's potential for technology that could interpret and reason over unstructured data. They strategically waited for the market to mature with the advent of cloud computing and broader adoption of machine learning before launching the company. Jim Crowley, with a background as a lawyer and extensive experience in executive roles at various tech startups including m-Qube and Skyhook Wireless, served as the CEO. Jennifer Lum, a serial entrepreneur and investor, has been instrumental in co-founding companies like Adelphic and has a track record with early-stage startups that saw successful acquisitions by major tech firms like Apple and Time.

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The core of Forge.AI's business is its proprietary, cloud-based intelligence platform, ANVIL. This platform is engineered to ingest a vast amount of the world's unstructured data—from news and social media to financial reports—and transform it into structured, computationally-ready knowledge. The business model centers on providing this enriched data as a service to clients, primarily within the financial services and public sectors. By delivering low-latency, machine-readable data feeds, Forge.AI enables organizations like asset managers, banks, and hedge funds to enhance their analytical models, identify risks, and accelerate decision-making processes. The service is designed to be accessible via clients' existing cloud infrastructure and APIs, reducing data management expenses and shortening the data science development cycle.

The ANVIL platform distinguishes itself by creating a continuously updated, self-learning knowledge graph. It employs natural language understanding technologies to process text-heavy content, structuring it to reveal relationships between entities and identify trends. This allows data science teams and analysts to bypass the labor-intensive process of data discovery, extraction, and cleaning. For clients in financial services, such as The Vanguard Group, this means a heightened ability to harness machine-readable information for better investment decisions. For government and national intelligence communities, it offers enhanced situational awareness and predictive modeling capabilities for mission-critical operations. Ultimately, ANVIL provides the structured data necessary to fuel algorithms, applications, and analytical tasks at machine speeds, offering a significant advantage in a data-driven world.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2017
Headquarters
Boston, United States
Employees
4
Open positions
None listed
Dealroom signal
89.1/100
Industry
Enterprise Software
Sector
AI, High Performance Computing, Neural Networks, Hard Tech, DT and LS
Technology
Artificial Intelligence, Deep Tech, Machine Learning, Deep Learning, Nanotech, Recognition Technology
Business model
SaaS
Client focus
b2b

Latest news

Press, funding announcements and product moves mentioning Forge.AI.

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Funding history

3 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES AEquity / VC Dec 2018 $11M $44M Project 11 Ventures · Accomplice · Boston Seed Capital · Imagination Capital
SEEDEquity / VC Dec 2017 Wayne Chang · Boston Seed Capital · Nitesh Banta · Jeff Seibert
Showing the latest 2 of 3 recorded eventsBook a demo for the full funding history →

Financials

Revenue over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowth
2026
2025
2024
2023
2022
2021
2020
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Growth signals

Forge.AI website traffic

Latest recorded traffic for Forge.AI is 27K monthly website visits, up 58.8% over the last three months. Forge.AI's team grew 100% over the past year.

Latest monthly visits27K 3-month web change+58.8% 1-year team growth+100%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Investors

12 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed6 investors entered at this stage

  • Drew Volpe
  • Jeff Seibert
  • Nitesh Banta
  • Chang Corporation
  • Wayne Chang
  • Boston Seed Capital

Series A4 investors entered at this stage

Other known investors2 additional known investors

Team profiled 9 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 1 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇺🇸 United States · Boston HQ
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Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Forge.AI on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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