Search company, investor...
Search

Predict your next investment

Venture Capital
forgepointcap.com

See what CB Insights has to offer

Investments

52

Portfolio Exits

10

Funds

8

Service Providers

1

About ForgePoint Capital

ForgePoint Capital is a venture capital fund that invests in security startups across five sectors, namely the Internet of Things (IoT), secure payments and fraud, next-generation identity platforms, behavioral analytics, and privacy and security. The fund spun out of Trident Capital in 2015.

ForgePoint Capital Headquarters Location

400 S El Camino Real Suite 300

San Mateo, California, 94402,

United States

650-289-4400

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Latest ForgePoint Capital News

VC Spotlight: Forgepoint Capital Rides A Cybersecurity Wave

Sep 8, 2022

VC Spotlight: Forgepoint Capital Rides A Cybersecurity Wave Alberto Yépez The war in Ukraine is propelling even more growth in the cybersecurity market, as attacks — probably originatiated by the Russian government — continue on the infrastructure of Ukraine, European countries aiding the Ukrainians, and the United States. An executive order on cybersecurity signed by President Joe Biden in May is expected to boost federal spending on cyber, a boon to startups (there are many) that work with the government. I interviewed Alberto Yépez, co-founder and managing partner of Forgepoint Capital as part of some new coverage on cybersecurity, which affects large and small companies alike. (Forgepoint says it’s the largest growth equity vc firm in the space, though there doesn’t seem to be a way to independently verify respective firms’ ranks). Times of E spotlights focus on women and people of color, who continue to be rare in the world of venture capital. Yépez was born in Peru and got his degree in physics and computer science from the University of San Francisco. He’s a serial entrepreneur who led companies, enCommerce and Thor Technologies to exits and was an executive at Apple and Oracle. Name: Forgepoint Capital Website: https://forgepointcap.com/ Size: Forgepoint’s first fund, launched in 2015, was $300 million and invested in 17 companies. Its second fund of $450 million is invested so far in 24 companies. What it is: The fund invests in companies working in the cybersecurity space, defined broadly. Some companies are working on privacy, underwriting cyber insurance, creating secure payment systems, or making cloud technology more secure. Investee companies need to have defensible intellectual property and have demonstrated growth. Forgepoint has 11 investment professionals and typically invests $5-50M per company but that can be across several rounds. The sweet spot, according to the firm, is Series A-B with select Seed and Growth investments. Generally, ~$1M for Seed, $5M for Series A. Leadership: Alberto Yépez and William Lin, managing partner. Lin has a background in finance, including at Citi, and is active in a nonprofit called Security Tinkerers. Serial entrepreneur Tom Kelly just joined as an adviser. Track record: Four companies from the first fund and two from the second fund have been acquired. Cloudflare, according to Yepez, was a 50% IRR return. Forescout was acquired by Advent International in a $1.9B transaction. Yépez said the first fund will likely return 3-4 times capital to its investors. Forgepoint continues to hold shares in many of its invested companies and supports acquisition by them of smaller companies. Quote: “Cybersecurity is a megatrend,” said Yépez. “We look at problems being dealt with by people on the front lines.” For more inspiring stories, insights and actionable funding opportunities, subscribe to Times of E’s weekly newsletter, www.timesofe.com/introduction.

ForgePoint Capital Investments

52 Investments

ForgePoint Capital has made 52 investments. Their latest investment was in Whistic as part of their Series B on June 6, 2022.

CBI Logo

ForgePoint Capital Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

6/7/2022

Series B

Whistic

$35M

Yes

5

5/17/2022

Series B

Instabug

$46M

Yes

5

3/16/2022

Series B

TruEra

$25M

Yes

7

3/2/2022

Seed VC

Subscribe to see more

$99M

Subscribe to see more

10

2/1/2022

Series A

Subscribe to see more

$99M

Subscribe to see more

10

Date

6/7/2022

5/17/2022

3/16/2022

3/2/2022

2/1/2022

Round

Series B

Series B

Series B

Seed VC

Series A

Company

Whistic

Instabug

TruEra

Subscribe to see more

Subscribe to see more

Amount

$35M

$46M

$25M

$99M

$99M

New?

Yes

Yes

Yes

Subscribe to see more

Subscribe to see more

Co-Investors

Sources

5

5

7

10

10

ForgePoint Capital Portfolio Exits

10 Portfolio Exits

ForgePoint Capital has 10 portfolio exits. Their latest portfolio exit was Cysiv on June 07, 2022.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

6/7/2022

Acquired

$99M

3

5/3/2022

Acquired

$99M

2

4/1/2022

Acquired

$99M

8

3/15/2022

Acquired

Subscribe to see more

$99M

Subscribe to see more

10

1/13/2022

Acquired

Subscribe to see more

$99M

Subscribe to see more

10

Date

6/7/2022

5/3/2022

4/1/2022

3/15/2022

1/13/2022

Exit

Acquired

Acquired

Acquired

Acquired

Acquired

Companies

Subscribe to see more

Subscribe to see more

Valuation

$99M

$99M

$99M

$99M

$99M

Acquirer

Subscribe to see more

Subscribe to see more

Sources

3

2

8

10

10

ForgePoint Capital Fund History

8 Fund Histories

ForgePoint Capital has 8 funds, including ForgePoint Cyber Co-Investors I-F.

Closing Date

Fund

Fund Type

Status

Amount

Sources

10/13/2020

ForgePoint Cyber Co-Investors I-F

$3.25M

1

4/28/2020

ForgePoint Cyber Co-Investors I-E

$99M

10

2/19/2020

Forgepoint Cybersecurity Fund II

Subscribe to see more

Subscribe to see more

$99M

10

3/8/2019

ForgePoint Cyber Co-Investors I-D

$99M

10

4/26/2018

Trident Cyber Co-Investors I-B

$99M

10

Closing Date

10/13/2020

4/28/2020

2/19/2020

3/8/2019

4/26/2018

Fund

ForgePoint Cyber Co-Investors I-F

ForgePoint Cyber Co-Investors I-E

Forgepoint Cybersecurity Fund II

ForgePoint Cyber Co-Investors I-D

Trident Cyber Co-Investors I-B

Fund Type

Subscribe to see more

Status

Subscribe to see more

Amount

$3.25M

$99M

$99M

$99M

$99M

Sources

1

10

10

10

10

ForgePoint Capital Service Providers

1 Service Provider

ForgePoint Capital has 1 service provider relationship

Service Provider

Associated Rounds

Provider Type

Service Type

Counsel

General Counsel

Service Provider

Associated Rounds

Provider Type

Counsel

Service Type

General Counsel

Partnership data by VentureSource

ForgePoint Capital Team

6 Team Members

ForgePoint Capital has 6 team members, including current Founder, Managing Director, Donald Dixon.

Name

Work History

Title

Status

Donald Dixon

Founder, Managing Director

Current

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Name

Donald Dixon

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Work History

Title

Founder, Managing Director

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Status

Current

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Request a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.