Forage

Forage

Offers virtual job simulations for students

About Forage

Simplify's Rating
Why Forage is rated
A-
Rated B on Competitive Edge
Rated A on Growth Potential
Rated A on Rating Differentiation

Industries

Consulting

Education

Company Size

11-50

Company Stage

Series B

Total Funding

$35.8M

Headquarters

San Francisco, California

Founded

2016

Overview

Forage creates 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.

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Simplify's Take

What believers are saying

  • Forage raised $25 million in Series B funding to expand globally.
  • Partnerships with firms like Latham & Watkins enhance Forage's industry credibility.
  • Growing demand for virtual internships boosts Forage's market potential.

What critics are saying

  • Increased competition from platforms like Standard Bank may impact Forage's market share.
  • EAB acquisition could lead to strategic changes misaligned with Forage's model.
  • Rapid AI advancements may challenge Forage's current virtual training offerings.

What makes Forage unique

  • Forage offers free, open-access virtual job simulations with leading global companies.
  • The platform provides self-paced, on-demand learning, enhancing accessibility for students.
  • Forage bridges education and career success, focusing on practical skills and employability.

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Funding

Total Funding

$35.8M

Below

Industry Average

Funded Over

3 Rounds

Series B funding is typically for startups that have proven their business model and need more funding to expand rapidly—often by entering new markets or adding more products. Investors are usually venture capital firms that specialize in later-stage investments.
Series B Funding Comparison
Below Average

Industry standards

$35M
$30M
Patreon
$45M
Linktree
$65M
Substack
$100M
ClickUp

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

Company News

PR Newswire
Nov 25th, 2024
Latham Watkins Launches Data And Technology Transactions Job Simulation

Latham's tenth Forage program offers law students and community members hands-on experience with complex data and technology transactions. NEW YORK, Nov. 25, 2024 /PRNewswire/ -- Latham Watkins LLP1 is pleased to announce the launch of the Data and Technology Transactions Job Simulation with Forage, the latest offering in the firm's job simulation series. The simulation offers participants the opportunity to advise on the hypothetical terms of a service agreement for a technology client, while gaining insight into Latham's expertise in data and technology transactions. Participants will hone key skills involved in handling data and technology transactions as they complete simulated tasks advising their hypothetical client, a technology company with unique service offerings. As participants move through the modules, they will review the client's terms of service agreement, develop questions specific to their business, identify potential legal issues, and edit the terms of service,

PYMNTS
Apr 24th, 2024
Doordash And Walgreens Team To Offer Snap/Ebt Payments

DoorDash has teamed with Walgreens to offer SNAP/EBT payments at nearly 7,800 locations. According to its announcement Wednesday (April 24), DoorDash is the first platform that enables SNAP customers to make purchases directly from Walgreens with Supplemental Nutrition Assistance Program (SNAP) Electronic Benefits Transfer (EBT) cards and the first third-party delivery service provider to offer SNAP/EBT as a payment option at a major, nationwide drugstore. “Since launching support for SNAP/EBT payments in 2023, over 1.1 million consumers have added their SNAP/EBT cards to DoorDash,” Fuad Hannon, vice president of new verticals for DoorDash, said in a news release

ForexTV
Apr 8th, 2024
EAB to Acquire Forage to Bridge the Gap Between College and Career for Millions of Students

Forage will join the company’s talent division, Se

PR Newswire
Jun 20th, 2023
Latham Watkins Launches Virtual Experience Program On Capital Markets Law

Complimentary program on Forage offers business, academic, and legal community opportunity to advise on a hypothetical initial public offering and learn more about working at a global law firm.NEW YORK, June 20, 2023 /PRNewswire/ -- Latham & Watkins LLP1 has launched the firm's newest Virtual Experience Program (VEP) on capital markets law. The free virtual program gives the business, academic, and legal communities the opportunity to represent the underwriters in an initial public offering (IPO), while learning about the nature of work at a global law firm. Participants will review corporate records, prepare an auditor "circle-up" on financial metrics, draft a principal stockholder table, and review a lock-up agreement in connection with an IPO.Ian Schuman, Global Chair of Latham's Capital Markets and Public Company Representation Practices, said: "We are proud to be recognized as the world's leading capital markets law firm for our trailblazing work on the most complex and innovative transactions in the US and globally. This program highlights the critical role capital markets lawyers play in supporting clients' growth and success, from IPO through their life as a public company. The Capital Markets VEP also underscores our commitment to fostering the next generation of talented lawyers."The Capital Markets VEP launch marks Latham's eighth program on Forage, an innovative, open-access platform connecting users with companies and law firms. It joins VEPs for Antitrust & Competition, Banking, Emerging Companies, Intellectual Property Litigation, Mergers & Acquisitions, Restructuring & Special Situations, and White Collar Defense & Investigations

Technical.ly
May 9th, 2023
Data Job Seekers, Here’S How To Tell The Story Of Your Skills By Building An Effective Data Portfolio

This is a guest post by Rajvi Mehta, a senior product data analyst and the founder of the virtual Data Mentorship Program . These views are hers alone.If you are thinking about transitioning into a data career from a non-STEM background, keep this in mind: Your data portfolio is how you tell your story.I have worked with individuals who are transitioning in the STEM role for over two years now. One of the common challenges I see is the inability to showcase the right skillsets, both technical and consultative, in a meaningful light in front of the hiring manager. The lack of confidence shown by these individuals is misinterpreted as a lack of experience.Yet in many cases, these candidates do have experience. It is the lack of effective storytelling that is the root cause of their challenges. That’s where an effective data portfolio — a personal website or other platform showing off your best relevant work, like this — comes in to show off your skills as a data professional.A good story is relatable, readable and reasonable.Designing a relatable, readable and reasonable data portfolioRelatable: Today, every industry has a significant need for a data professional, so keep in mind to play with your strengths

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