The Forecasting Company
PrivateLast 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
Historical Pricing
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The Forecasting Company Comps
Public and private peers based on sector, stage, and business model.
The Forecasting Company Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Seed | Aug 31, 2024 |
The Forecasting Company Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Kima Ventures | Seed |
| Singularity Capital | Seed |
| Davidovs Venture Capital | Seed |
| Nyx Ventures | Seed |
| iSeed Ventures | Seed |
| Y Combinator | Seed |
| Benhamou Global Ventures | Seed |
The Forecasting Company Filings
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| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
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Frequently Asked Questions
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