; ForgeRock, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Related Party Transactions

v3.23.1
Related Party Transactions
3 Months Ended
Mar. 31, 2023
Related Party Transactions [Abstract]  
Related Party Transactions Related Party TransactionsKKR & Co. Inc. (“KKR”) is a U.S.-based investment firm. Funds controlled by KKR held approximately 5.1% and 5.3% of the Company’s capital stock as of March 31, 2023 and 2022, respectively. KKR has representation on the Company’s board of directors. During the three months ended March 31, 2023 and 2022, the Company recognized revenue of $0.7 million and $0.6 million with KKR affiliates, respectively. The Company had less than $0.1 million and $0.2 million in aggregate accounts receivable recorded related to these agreements at March 31, 2023 and 2022, respectively.