Forecast

SoftwareSeries ACopenhagen, Denmarkforecast.app

Latest round

Series A

Last raised

May 2021

Total raised

$28M

Investors

5

About Forecast

Founded in 2016 and based in Copenhagen, Denmark, Forecast ApS develops a project management platform that enables teams to track the progress of ongoing projects and collaborate on tasks, measure team performance via real-time data insights and build corresponding reports, and automate project forecasting using artificial intelligence. Danny Larsen, Dennis Kayser, Jens Duelund Højstrup Pallesen, and Niels Frederiksen are the co-founders of the company., a portfolio company of Bow River Capital, Level Equity, Rothenberg Ventures and Fathom Capital, acquired Forecast ApS from Balderton Capital, Crane Venture Partners, Heartcore Capital, SEED Capital, Innovation Fund Denmark and PreSeed Ventures. The Forecast AI-native platform is a system of intelligence that represents the most advanced technology that is applied to managing finances, resources, and projects. The firm's platform consists of AI work automation, project management, resource management, project accounting, business intelligence, apps, and integrations. The platform automates busywork, surfaces best practices, predicts outcomes, guides projects to success, and empowers every team member to do their best work. The organization generates revenue through its monthly subscription plans that include the lite plan at USD 29, the pro plan at USD 49, and the plus plan.

Who invested in Forecast

5 investors across 5 rounds

See all investors in Forecast

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Funding rounds

  1. Series A

    May 19, 2021

    Amount

    $19M

    Investors

    Locked

  2. Seed

    Nov 1, 2019

    Amount

    $5.5M

    Investors

    Locked

  3. Seed

    Jul 4, 2018

    Amount

    $2.9M

    Investors

    Locked

  4. Seed

    Dec 21, 2017

    Amount

    $0.4M

    Investors

    Locked

  5. Seed

    Sep 15, 2016

    Amount

    $0.5M

    Investors

    Locked

Questions about Forecast

Who invested in Forecast?

Forecast has 5 investors on record across 5 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Forecast raised?

Forecast has raised 5 venture rounds. Sign up free to see how much each round raised and the total.

When did Forecast last raise money?

Forecast's most recent round on record is a Series A, in May 2021.

What does Forecast do?

Founded in 2016 and based in Copenhagen, Denmark, Forecast ApS develops a project management platform that enables teams to track the progress of ongoing projects and collaborate on tasks, measure team performance via real-time data insights and build corresponding reports, and automate project forecasting using artificial intelligence.

Where is Forecast headquartered?

Forecast is headquartered in Copenhagen, Denmark.

Which VCs invest in companies like Forecast?

Among active investors with capital left to deploy, Index Ventures, European Investment Bank, Highland Europe and Balderton Capital back software companies at Forecast's stage. Their profiles are linked below.

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