Foretellix

SoftwareSeries CRamat Gan, Israelforetellix.com

Latest round

Series C

Last raised

Dec 2023

Total raised

$174M

Investors

12

About Foretellix

Based in Israel, Foretellix Ltd.Foretellix specializes in the creation of tools for autonomous vehicle validation and was founded in 2018 in Ramat Gan, Israel. The company has secured a total of 6 deals, with the most recent deal completed on December 5, 2023.Foretellix specializes in data automation solutions for the development and validation of AI-powered autonomous vehicle (AV) stacks. Their primary product, the Foretify platform, facilitates OEMs and AV developers in training and validating their systems using curated real-world data sets combined with augmented and synthetic data. This toolchain supports the generation of vast quantities of synthetic data to enhance AV performance evaluation, quality assurance, and safety assessments, crucial for identifying coverage gaps.Foretellix generates revenue through a subscription model for its Foretify platform, tailored for enterprise-level clients in the automotive and technology sectors. The company engages in business-to-business (B2B) partnerships through direct service agreements with OEMs and AV developers, which typically include access to the platform and ongoing support. Foretellix is targeting expansion across Europe and Asia, with plans to introduce additional features and enhance its platform by the end of 2024.

Who invested in Foretellix

12 investors across 4 rounds

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Funding rounds

  1. Series C

    Dec 5, 2023

    Amount

    $85M

    Investors

    Locked

  2. Series C

    May 2, 2023

    Amount

    $43M

    Investors

    Locked

  3. Series B

    Sep 1, 2021

    Amount

    $32M

    Investors

    Locked

  4. Series A

    Jan 16, 2019

    Amount

    $14M

    Investors

    Locked

Questions about Foretellix

Who invested in Foretellix?

Foretellix has 12 investors on record across 4 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Foretellix raised?

Foretellix has raised 4 venture rounds. Sign up free to see how much each round raised and the total.

When did Foretellix last raise money?

Foretellix's most recent round on record is a Series C, in Dec 2023.

What does Foretellix do?

Based in Israel, Foretellix Ltd.

Where is Foretellix headquartered?

Foretellix is headquartered in Ramat Gan, Israel.

Which VCs invest in companies like Foretellix?

Among active investors with capital left to deploy, Yufu Capital, ICBC Capital Management, Ningbo Tongshang Fund and Boc Private Equity Firm back software companies at Foretellix's stage. Their profiles are linked below.

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