Danish Forecast receives funding from a large venture firm
Forecast is project management software designed to plan and run critical projects with many people. The end of the year turned out to be quite productive for the startup. First they announced the launch of Forecast 2.0 beta version which already available for use. And then Dennis Kayser, company’s co-founder and CEO announced in the company’s blog the news about funding.
The financing came from SEED Capital, one of Denmark’s largest early-stage venture funds. Among SEED Capital’s investment portfolio are companies like Trustpilot, Endomondo, Vivino, and now Forecast.
“Besides being our great investor, SEED Capital will also act as our advisor on major business decisions. Thus, we can join forces and sail this ship together,” – shared on the Forecast’s blog.
The resources will be allocated towards further product development. Forecast software is built on three pillars: easy-to-use interface, deep integrations with other tools, and advanced machine learning. With the help of Forecast, users can do project planning with impressive 94% accuracy. And according to Dennis Kayser first weeks of the new year should bring even more exciting announcements from Forecast.