NewForge
PrivateLast Round
Seed
Feb 7, 2023
Total Funding Raised
$250,000
Momentum Score
25 /100
Company Overview
NewForge is a software company that provides a platform called "Knowledge Place" which utilizes Artificial Intelligence (AI) and Augmented Reality (AR) for the manufacturing and logistics industries. The platform is designed to solve plant floor inefficiencies by facilitating knowledge transfer, providing remote expert assistance via smart glasses, and streamlining the creation of work instructions. NewForge aims to reduce equipment downtime, improve productivity, and increase profitability for its clients by making technical knowledge more accessible to frontline workers. The company is a privately held, minority, women, and veteran-owned business. It was a recipient of a $250,000 grant from SC Launch to grow its work.
Sector
Enterprise Software
Verticals
Vertical SaaS, Smart Manufacturing, Workflow Automation, Logistics Software, AR/VR Experiences
Business Model
B2B
Customer Profile
Subscription SaaS, Hardware + Subscription, Services & Consulting, Usage-Based SaaS
AI Layer
Application
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
NewForge Comps
Public and private peers based on sector, stage, and business model.
NewForge Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Seed | Feb 7, 2023 |
NewForge Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| SC Launch | Seed |
NewForge Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
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Frequently Asked Questions
Common questions about NewForge's valuation, stock price, and market status.
