Forage

Forage

Offers virtual job simulations for students

About

Forage offers virtual job simulations that allow students to experience a typical day in various roles across different industries. These simulations help students develop practical career skills and build confidence, making them more employable. The platform is self-paced and accessible for free, enabling students to learn at their convenience. Forage serves two main groups: students, who gain valuable experience, and employers, who use the platform to showcase their industry and roles, making hiring more inclusive. Unlike many competitors, Forage focuses on providing these simulations at no cost to students while charging employers for the service. The goal is to bridge the gap between education and career success, democratizing access to job opportunities.

Company Stage

Acquired

Employees

11-50

Industries

Social Impact, Education

Total Funding

$35.8M

Headquarters

N/A

Founded

2016


Simplify Jobs

Simplify's Take

What believers are saying

  • Forage's recent acquisition by EAB could provide additional resources and strategic support, enhancing its growth and market reach.
  • The platform's partnerships with leading employers like Latham & Watkins LLP offer students valuable insights into various industries, boosting their employability.
  • Raising $35 million in Series B funding indicates strong investor confidence and provides capital for further innovation and expansion.

What critics are saying

  • The competitive EdTech landscape requires continuous innovation to maintain a unique value proposition and avoid becoming obsolete.
  • Reliance on employer partnerships means that any downturn in corporate spending on recruitment could impact Forage's revenue.

What makes Forage unique

  • Forage offers free, self-paced virtual job simulations, making career exploration accessible to all students, unlike traditional internship programs that may have barriers to entry.
  • The platform's B2B model, where employers pay to create and host simulations, ensures that students can access these resources at no cost, setting Forage apart from other EdTech platforms that charge students.
  • Forage's focus on inclusivity and practical career skills helps bridge the gap between education and employment, a unique value proposition in the EdTech market.

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Growth & Insights
Headcount

6 month growth

-96%

1 year growth

-96%

2 year growth

-96%

Benefits

Equity compensation plan

Home office setup stipend

Access to office space in Sydney and Melbourne (or London depending on country)

Flexible work schedule

20 days of paid vacation leave

Access to an employee assistance program and a professional development fund

18 weeks of fully paid parental leave for the primary caregiver and 8 weeks of parental leave for the non-primary caregiver

Full paid day off to celebrate a holiday of choice

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