What is Forecast?
Founded in 2016, Forecast has established itself as a critical player in the digital transformation of professional services. The company provides a comprehensive software platform that unifies project management, resource allocation, team collaboration, and accounting into a single, cohesive business intelligence ecosystem. By leveraging advanced automation, Forecast enables organizations to gain granular visibility into their operations, effectively bridging the gap between project execution and financial performance. This holistic methodology addresses the complex needs of modern enterprises, allowing them to optimize resource utilization and improve project delivery timelines through data-driven insights.
How much funding has Forecast raised?
Forecast has raised a total of $5.5M across 1 funding round:
Angel/Seed
$5.5M
Angel/Seed (2019): $5.5M with participation from Heartcore, SEED Capital, and Crane Venture Partners
Key Investors in Forecast
Heartcore
A venture capital firm focused on supporting early-stage companies with high growth potential in the digital and consumer sectors.
SEED Capital
A prominent Danish venture capital firm specializing in early-stage investments for technology-driven startups.
Crane Venture Partners
VC Crane Venture Partners is a venture capital & private equity company. Its specialties are enterprise software, SaaS, machine learning, AI, and M&A. The company was founded in 2015 and is headquartered in London, United Kingdom.
What's next for Forecast?
With this major enterprise-level funding, Forecast is poised to scale its operations and deepen its product capabilities. The strategic allocation of this capital will likely focus on enhancing the platform's machine learning features and expanding its footprint in international markets. As the demand for integrated business management tools continues to rise, Forecast is strategically positioned to capture additional market share by providing the infrastructure necessary for high-growth firms to manage their professional services at scale. The company's focus remains on refining its automation engine to deliver even greater predictive accuracy for its global client base.
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