Forecast is an AI-powered resource and project management platform that aims to help service-based businesses optimize project planning and resource management. Founded in 2016 and headquartered in the United Kingdom, the company recently secured a $19.00M Series A investment on 19 May 2021 from notable investors including Crane Venture Partners, Balderton Capital, Heartcore, and Seed Capital. The platform offers AI-powered predictions that enable businesses to gain complete visibility into their team’s workload and resource allocation, plan for future demand with advanced scheduling tools, make data-driven decisions, track project progress in real-time, and generate detailed reports to keep stakeholders informed. The company's slogan, "AI-powered resource and project management," reflects its focus on leveraging artificial intelligence and advanced analytics to enhance project outcomes and increase utilization rates. Forecast's solution addresses the growing demand for efficient and data-driven project management tools, particularly in the areas of AI, Analytics, Finance, Human Resources, and Machine Learning. With its recent funding and a strong investor lineup, Forecast is well-positioned to further develop its platform and expand its market presence, offering a compelling value proposition for businesses seeking to improve their project planning and resource management capabilities. Interested parties can learn more about Forecast's features and platform overview at https://www.forecast.app/features/platform-overview.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Series A | $19.00M | 4 | 19 May 2021 | |
Seed Round | $5.50M | 3 | 01 Nov 2019 | |
Seed Round | $3.30M | 4 | Rasmus Aaen Madsen | 15 Mar 2018 |
Grant | $350.00K | 1 | Innovation Fund Denmark | 05 Dec 2017 |
Seed Round | $400.00K | 3 | Rasmus Aaen Madsen | 01 Oct 2017 |
No recent news or press coverage available for Forecast.