
Forgepoint Capital
Description
Forgepoint Capital is a prominent venture capital firm exclusively dedicated to investing in cybersecurity companies, based in San Mateo, California. Established as a leading specialist investor in the digital security landscape, the firm focuses on identifying and backing innovative technologies and visionary entrepreneurs who are building the future of cybersecurity. Their investment thesis centers on supporting companies that address critical and evolving threats across various sectors, from enterprise security to critical infrastructure protection.
The firm employs a hands-on, partnership-driven approach, leveraging its deep industry expertise and extensive network to provide strategic guidance and operational support to its portfolio companies. Forgepoint Capital invests across all stages, from seed to growth equity, though their primary focus is often on early-stage rounds, including Series A and Series B, where they frequently act as lead investors. They seek out companies with disruptive technologies, strong product-market fit, and exceptional management teams poised for significant growth in the dynamic cybersecurity market.
Forgepoint Capital has demonstrated substantial growth in its funding capabilities, having raised multiple successful funds. Their latest fund, Forgepoint Capital III, closed in October 2022 with $600 million in commitments, significantly bolstering their capacity to invest in promising cybersecurity ventures. This brings their total assets under management (AUM) to over $1.3 billion across their three dedicated funds. The firm typically writes initial checks ranging from $5 million for early-stage opportunities to $25 million for more mature Series A or B rounds, reflecting their commitment to providing substantial capital to fuel company expansion and innovation. Their strategic investments aim to foster the development of robust and resilient digital defenses globally.
Investor Profile
Forgepoint Capital has backed more than 72 startups, with 4 new investments in the last 12 months alone. The firm has led 41 rounds, about 57% of its total and boasts 16 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Series B, Series A, Series C rounds (top funding stages).
- Majority of deals are located in United States, Australia, Israel.
- Strong thematic focus on Cyber Security, Software, Information Technology.
- Led 2 rounds in the past year.
- Typical check size: $5M – $25M.
Stage Focus
- Series B (39%)
- Series A (38%)
- Series C (10%)
- Seed (6%)
- Post Ipo Equity (3%)
- Series Unknown (3%)
- Series G (1%)
- Series D (1%)
Country Focus
- United States (93%)
- Australia (3%)
- Israel (1%)
- United Kingdom (1%)
- Canada (1%)
Industry Focus
- Cyber Security
- Software
- Information Technology
- Network Security
- Security
- Cloud Security
- Saas
- Identity Management
- Compliance
- Analytics
Frequently Asked Questions
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