ForgeRock IPO
ForgeRock provides digital identity and access management solutions for enterprises, helping organizations secure customer and employee access to applications and data. The company was a leader in the identity management space before being taken private.
Key Facts
| Industry | Identity Management |
| Founded | 2010 |
| Headquarters | San Francisco, CA |
| Employees | ~1,300 |
| Website | forgerock.com |
| Funding | Acquired by Thoma Bravo for $2.3B in October 2022 |
About ForgeRock
ForgeRock was a leading provider of digital identity management solutions, offering comprehensive identity and access management (IAM) platforms for enterprises and government organizations. The company's technology enabled organizations to securely manage user identities, authentication, and authorization across web, mobile, IoT, and API environments. ForgeRock's platform was particularly known for its ability to handle complex, large-scale identity scenarios including customer identity and access management (CIAM) for millions of users.
ForgeRock differentiated itself through its open-source heritage and cloud-native architecture, providing flexibility and scalability that appealed to large enterprises and government agencies with complex identity requirements. The company served major customers across financial services, telecommunications, healthcare, and government sectors, helping them modernize legacy identity systems and enable digital transformation initiatives. ForgeRock's solutions were critical for organizations implementing zero-trust security models and managing the explosion of digital identities in modern enterprise environments.
IPO Status
ForgeRock went public in September 2021, raising $175 million in its IPO at $25 per share. The stock traded on the NYSE under ticker FROG but struggled to maintain momentum in the public markets. In May 2022, Thoma Bravo agreed to acquire ForgeRock for approximately $2.3 billion, or $23.25 per share. The private equity firm completed the acquisition later in 2022, taking the identity management company private again after less than a year as a public company.
Competitors
Frequently Asked Questions
Does ForgeRock have a stock?
Yes, ForgeRock had an IPO in September 2021, but the company was subsequently acquired by private equity firm Thoma Bravo in 2022. ForgeRock is no longer a publicly traded company.
When is the ForgeRock IPO date?
ForgeRock already completed its IPO in September 2021, but was taken private by Thoma Bravo in 2022. There are no current plans for another public offering.
How can I buy ForgeRock stock?
You cannot buy ForgeRock stock as the company was acquired by Thoma Bravo and is now privately held. The stock no longer trades on public exchanges.
Don't Miss the Next Big IPO
Get notified when the next major company files for an IPO. Daily alerts delivered to your inbox.
Get IPO Alerts