Forecast builds an AI-driven platform that 'reads' and integrates data from enterprise applications to provide project management and resource-planning insights. Its product connects roughly 26 integrations, including Salesforce, GitLab, Google Calendar and Asana, to produce forecasts, resourcing recommendations and financial projections. The company positions itself as a more robust solution than tools like Monday and Asana, citing Mavenlink as a closer but aging competitor. Headquartered in London with a development office in Copenhagen, Forecast says over 150,000 projects have been created on its platform and that it tripled revenues during the year. Customers include the NHS, the Red Cross and Etain. The company plans to use new funding to expand into the U.S. and continue building out its platform and business. Forecast provides an AI-powered project management solution that automates manual project-management tasks and adds predictive capabilities to planning and resource management. The software integrates with tools like Trello, Slack, Gdrive, GitHub and Salesforce, synthesizing disparate data into human-readable scheduling, reporting and collaboration features. Its AI features include matching people and roles to tasks, automating time registration, forecasting task size and duration, and alerting teams before projects are in trouble. Forecast targets IT & services, marketing and software development teams that rely on predictable capacity and successful project delivery. The company says customers reduce administrative tasks by 20–40% and gain better insights into project risk and resource management; it reports hundreds of customers in over 40 countries, more than 40,000 projects managed and over 1,000,000 tasks created. Founded in late 2016, Forecast continues to expand its product capabilities around collaboration, visibility and predictive project insights.

Total raised

$25M

Funding rounds

2

Latest round

Series A

Latest activity

May 2021