Forecast
Forecast is the first AI-native Professional Services Automation (PSA) software designed to unify project management, resource planning, and financials. It offers real-time visibility, control over margins, and scalable operations powered by AI. The platform helps teams improve utilization rates, increase billable hours, and reduce administrative time. Key features include AI-powered resource matching, automated time tracking, risk prediction alerts, and real-time project dashboards. Forecast is targeted at operations, project managers, finance teams, and executives within agencies and consultancies, enabling them to optimize resource allocation, capacity planning, and financial management to drive growth and profitability.
Forecast
Forecast is the first AI-native Professional Services Automation (PSA) software designed to unify project management, resource planning, and financials. It offers real-time visibility, control over margins, and scalable operations powered by AI. The platform helps teams improve utilization rates, increase billable hours, and reduce administrative time. Key features include AI-powered resource matching, automated time tracking, risk prediction alerts, and real-time project dashboards. Forecast is targeted at operations, project managers, finance teams, and executives within agencies and consultancies, enabling them to optimize resource allocation, capacity planning, and financial management to drive growth and profitability.
TL;DR
Product: AI-native Professional Services Automation (PSA) combining project management, resource planning, time tracking, and financials
Target customers: Professional services teams, agencies, consultancies (operations, PMs, finance, executives)
Founded / HQ: Operates from Copenhagen with offices in London and New York City
Employees: Approximately 50
Total funding: Approximately $29.05M (last reported funding date: 2021-05-19)
Company Overview
Problem Domain
Project delivery, resource utilization, capacity planning, and financial management for professional services organizations.
Industry
SaaS / Professional Services Automation
Funding Track Record
19000000.00
Series A announced May 19, 2021
3000000.00
Seed round announced July 13, 2018; participation from SEED Capital and angels
Early investment announced October 26, 2016
5500000.00
Funding event announced November 1, 2019
Investor Signal
“Backed by institutional VCs including Balderton Capital, Crane Venture Partners, Sunstone Technology Ventures, and SEED Capital”