ForeSee Results, Inc.

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ForeSee Results, Inc. - overview

Established

2001

Location

Ann Arbor, MI, US

Primary Industry

Software

About

ForeSee Results, Inc. specializes in customer experience optimization through advanced predictive analytics and modeling techniques, helping enterprises enhance engagement by analyzing data from various customer interactions. Founded in 2001 and headquartered in Ann Arbor, US, ForeSee Results, Inc. focuses on providing customer experience solutions.


In December 2013, the company was acquired by Answers Corporation for approximately USD 200 mn, marking a significant pivot in its business strategy. The company has completed a total of 3 deals to date. ForeSee offers a suite of advanced solutions centered around Predictive Modeling, utilizing artificial intelligence to enhance customer experience (CX) by analyzing experiential data from customer and employee interactions across multiple channels. This platform integrates various Voice of Customer (VoC) data sources, including surveys and behavioral analytics, to deliver a comprehensive 360-degree view of customer and employee experiences.


The Predictive Modeling tools empower organizations to make data-driven decisions that influence business outcomes such as revenue growth and customer retention. Targeted at enterprises across sectors including banking, retail, telecommunications, and public services, ForeSee's products streamline CX management by providing actionable insights and real-time prioritization of improvements, serving a global clientele across North America, Europe, Asia-Pacific, and Latin America. ForeSee generates revenue through a combination of subscription-based services, direct sales, and partnerships with organizations leveraging its predictive analytics capabilities. Clients engage on a contractual basis, opting for tailored service packages that include access to the Predictive Modeling platform, training, and support.


Revenue is structured around multi-year subscriptions that provide continuous access to updates and enhancements, ensuring adaptability to changing market dynamics. The services are designed for scalability, catering to enterprises of various sizes from small businesses to large multinationals. With the acquisition completed in December 2013, ForeSee Results, Inc. is focused on expanding its product offerings and market reach.


The funding from the recent Trade Sale will be allocated towards the development of new predictive analytics tools aimed at enhancing customer engagement further. The company intends to explore growth opportunities in emerging markets across Asia-Pacific and Latin America by 2025, capitalizing on the increasing demand for data-driven customer experience solutions.


Current Investors

Answers Corporation

Primary Industry

Software

Sub Industries

Government, Analytics & Performance Software

Website

www.foresee.com

Company Stage

Add-on

Total Amount Raised

Subscriber access only

ForeSee Results, Inc. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedForeSee Results, Inc.-

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