The Forecasting Company

The Forecasting Company

Private
Paris, Île-de-FranceEnterprise Softwarehttps://www.theforecastingcompany.com

Last Round

Seed

Aug 31, 2024

Total Funding Raised

$500,000

Momentum Score

50 /100

Company Overview

The Forecasting Company is a technology company that develops enterprise-grade, plug-and-play forecasting systems based on proprietary foundation models for time series data. Founded in 2024 by Geoff Négiar and Joachim Fainberg, the company aims to make forecasting more accurate and accessible without the need for large data science teams. By adapting the core technology used in Large Language Models (LLMs), their system can predict any time series by allowing users to upload historical data as a prompt to receive instant forecasts. The company participated in the Y Combinator Summer 2024 batch and focuses on industries like logistics, energy, and pharmaceuticals. Their solution is designed to handle complex scenarios and can incorporate variables like weather or holidays to improve prediction accuracy.

Sector

Enterprise Software

Verticals

ML Platforms, Business Intelligence

Business Model

B2B

Customer Profile

Subscription SaaS, Usage-Based SaaS, Services & Consulting

AI Layer

Foundation

Keywords

time series forecastingfoundation modelsforecasting platformAI forecastingtime series foundation modelenterprise forecastingplug-and-play forecastingforecasting APIpredictive analyticsdemand forecastingtime series LLMtime series transformerB2B SaaSenergy forecastinglogistics forecasting

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The Forecasting Company Comps

Public and private peers based on sector, stage, and business model.

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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The Forecasting Company Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
SeedAug 31, 2024

The Forecasting Company Investors

Notable investors and investment history

The Forecasting Company Filings

SEC and related filings with document metadata.

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The Forecasting Company Filings

SEC and related filings with document metadata.

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Firmographic Details

HeadquartersParis, Île-de-France
Employee Range10
Year Founded2024
Last FundingAug 31, 2024

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