Where everyday investors fund the next generation of American businesses
Browse Reg CF and Reg A+ raises that have moved through our community review — open to non-accredited investors. These are high-risk, illiquid investments and you could lose your entire investment.
A new way to back American businesses
Four reasons the Blast Furnace is built differently — for the founders raising and the investors backing them.
Community review
Raises are screened by member operators before reaching the floor. That screening is editorial, not professional diligence or an endorsement.
Open to everyone
Reg CF and Reg A+ structures mean you don't need to be accredited to take part, subject to applicable investment limits.
Real ownership
Equity, revenue shares, or notes — issued by the company under its own offering terms. Every one carries the risk of total loss.
A guild around the deal
Members get founder AMAs, deal memos, and the Forged Network to scale post-raise.
Every deal moves through the furnace
Spark — the open call
Founders pitch the guild. The community votes the most promising raises forward to Foundry Review.
Foundry Review — operator questions
Directors and member operators ask hard questions about the model, the cap table, and the founder. This is community review, not professional diligence.
Ignite — the live raise
Listed raises open on the floor with the company's own memos and founder AMAs. All offering terms come from the issuer.
“Foundry Review gave me better questions to ask before I decided anything. I still had to make the call myself.”
Pull up to the furnace
Create a free account to see full deal rooms, founder memos, and how each raise is structured. Upgrade only when you're ready to invest.