F
Forge
Platform that empowers hourly workforces to work on-demand while giving their employers the tools needed to run their business
About Forge
Forge operated as a dynamic, on-demand staffing platform targeting the services and distribution sectors, with a particular focus on retail, quick-service restaurants (QSR), and third-party logistics (3PL) companies. The firm was founded in 2015 by Stacey Ferreira, a serial entrepreneur who had previously co-founded and sold MySocialCloud to Reputation.com. Ferreira's journey began after she dropped out of New York University to accept a Thiel Fellowship, which provided the catalyst for developing Forge. Her experience co-authoring a book on millennial entrepreneurs shaped her vision for a more flexible future of work, directly inspiring Forge's business model.
The company's core business centered on a mobile application that connected businesses with pre-vetted, hourly workers. For its clients, Forge offered a tool to manage fluctuating labor demands by allowing store managers to post available shifts. For individuals seeking work, the platform provided the flexibility to browse and select shifts at various approved locations, manage their schedules, and receive prompt payment for hours worked. This model aimed to give hourly employees the same level of flexibility enjoyed by gig economy workers in other sectors. The company generated revenue by facilitating these connections between businesses and the flexible workforce. Significant clients included well-known brands like Little Caesars, Dunkin' Donuts, and Red Robin.
Forge achieved several key milestones, including raising $1.5 million in venture funding and acquiring a smaller competitor, ShiftMe, in February 2019 to advance its talent-sharing mission. The company's trajectory culminated in its acquisition by WorkJam, a leading digital workplace provider, in February 2020. The acquisition was a strategic move for WorkJam to deepen its capabilities in open shift marketplaces and flexible scheduling for frontline employees. Following the acquisition, founder Stacey Ferreira joined the WorkJam team as Director of Digital Workplace, continuing her work in shaping technology for the frontline workforce.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2015
- Headquarters
- San Francisco, United States
- Employees
- 15
- Open positions
- None listed
- Dealroom signal
- 73.5/100
- Industry
- Jobs Recruitment
- Sector
- eCommerce & Marketplaces, Retail, SaaS, On-Demand, Directory, Platform, B2b Online Marketplace, Recruitment Enabler
- Business model
- Marketplace & ecommerce
- Client focus
- b2b
- Investment activity
- 1 company, latest Feb 2019
- Capital deployed
- —
- Preferred round
- ACQUISITION
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES BOther financing | Jan 2019 | $35M | $140M | Undisclosed | — |
| SERIES BOther financing | Jul 2018 | $50M | $200M | Panorama Point Partners · Scott Banister · Financial Technology Partners · Streamlined Ventures | — |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for Forge is 240 monthly website visits, down 54.7% over the last three months. Forge's team declined 6.3% over the past year.
Similar companies
Company identity and context are open; selected comparison metrics preview what is available on the platform.
Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed7 investors entered at this stage
Social Capital- SAStewart Alsop
- UPUP2398
1517 Fund
Inevitable Ventures
ACME Capital
Dorm Room Fund
Series A12 investors entered at this stage
True Ventures
Resolute Ventures
Jason CalacanisWME Ventures
NZXT
Panorama Point Partners
Scott Banister
Financial Technology Partners
Streamlined Ventures
Peter Thiel
Tim Draper- OCOperative Capital
Source: Dealroom Talent Intelligence.
Global footprint
Market sentiment
An AI-synthesised read of the highest-engagement posts about Forge 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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