ForecastEra, Inc.

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ForecastEra, Inc. - overview

Established

2014

Location

Reston, VA, US

Primary Industry

Software

About

ForecastEra, Inc. operates an innovative platform designed to enhance account management and sales intelligence through Generative AI, driving data-driven insights for businesses. Founded in 2014 and headquartered in Reston, US, ForecastEra, Inc. specializes in providing advanced account growth solutions.


The company has not undergone significant pivots in its business strategy since its inception. The CEO, Rahul Shah, leads the company, which received USD 4. 5 mn in Seed funding on October 19, 2021, from Ringbolt Capital, bringing the total amount raised to USD 4. 5 mn.


The company has completed one funding deal to date. ForecastEra, Inc. offers a comprehensive suite of products centered around its Account Growth platform. This platform leverages Generative AI to enhance sales intelligence and improve account management, integrating contextual research and intent data across various target and existing accounts.


The platform provides actionable insights to support customer strategic priorities and includes functionalities for cross-selling and upselling, thereby fostering business pipeline growth. It is tailored for use by sales teams, account management, revenue operations, and finance departments, aiding in challenges like sales forecasting and revenue intelligence, with adoption across North America, Europe, and Asia-Pacific. ForecastEra, Inc. generates revenue primarily through subscription-based models for its Account Growth platform.


Clients engage in annual contracts, granting access to the platform's tools and support, with pricing structures tailored to diverse business needs. The company facilitates direct transactions with clients, including B2B partnerships and direct sales, enhancing operational efficiency and revenue potential by enabling capabilities for sales forecasting and strategic account management. In October 2021, ForecastEra, Inc. secured USD 4.


5 mn in Seed funding, led by Ringbolt Capital, which will be utilized to expand into the Salesforce market. The company is actively designing new products aimed at enhancing its platform's functionalities, although specific release dates for these products have not been disclosed. Through this funding, the firm intends to broaden its market reach, particularly targeting new geographic regions as part of its growth strategy.


Current Investors

Ringbolt Capital

Primary Industry

Software

Sub Industries

Sales & Marketing Software, Application Integration Software, Analytics & Performance Software

Website

www.forecastera.com

Verticals

Artificial Intelligence, Cloud Computing

Company Stage

Angel & Seed

Total Amount Raised

Subscriber access only

ForecastEra, Inc. - employee data

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