About Forecast
Forecast is a company based in Copenhagen (Denmark) founded in 2016 by Jens Duelund Pallesen, Danny Larsen, Dennis Kayser, and Niels Frederiksen was acquired by Accelo in July 2025. It operates as a SaaS (Software-as-a-Service) and Professional Services. Forecast has raised $34.1 million across 5 funding rounds from investors including Accelo, Balderton Capital and Heartcore Capital. Forecast offers products and services including Forecast App, Resource Management, and Financial Management. Forecast operates in a competitive market with competitors including Notion, Smartsheet, Asana, monday.com and Clickup, among others.
- Headquarter Copenhagen, Denmark
- Founders Jens Duelund Pallesen, Danny Larsen, Dennis Kayser, Niels Frederiksen
- Stage Minicorn
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Sectors
Technology
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Products & Services of Forecast
Forecast offers a comprehensive portfolio of products and services, including Forecast App, Resource Management, and Financial Management.
AI-powered software for managing projects and resources.
Tool for optimizing resource allocation with AI assistance.
Solution for tracking project costs and revenue data.
People of Forecast
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Funding Insights of Forecast
Forecast has successfully raised a total of $34.1M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $19 million completed in February 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Forecast
Forecast has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include Accelo, Balderton Capital and Heartcore Capital.
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Multistage venture capital investments are focused on technology sectors.
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Venture capital firm investing in multiple sectors
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Investments in early-stage software companies are managed by the firm.
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Investor details for Forecast
Investor domains, locations, round participation, and complete history require an active premium plan.
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- Investor locations
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Investments & Acquisitions by Forecast
Investment portfolio details for Forecast
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
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- Transaction dates
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- Investment values
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Financial Statements - Forecast
Detailed financials for Forecast
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- Profit trends
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Forecast Comparisons
Peer comparison for Forecast
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
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- Operating benchmarks
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Competitors of Forecast
Forecast operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Notion, Smartsheet, Asana, monday.com and Clickup, among others.
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Diversified smart home products including hubs and sensors are provided.
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Cloud based suite solutions for enterprise project management
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Cloud-based project management software is offered for teams.
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Cloud-based platform for project management and team tracking is offered.
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Cloud based project management platform
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Cloud and AI based low code workflow and app development platform
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Detailed competitors of Forecast
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Latest news on Forecast
Complete news archive for Forecast
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- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
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Frequently Asked Questions about Forecast
Forecast was founded in 2016.
Forecast is headquartered in Copenhagen, Denmark.
Dennis Kayser is the current CEO of Forecast. They have also founded this company.
Forecast is a funded company, having raised a total of $34.1M across 5 funding rounds to date.
Forecast is known for delivering AI-driven project and resource management software. Solutions are offered for capacity planning, financial management, and professional services automation. The platform is integrated with tools like Jira, HubSpot, and Sage for seamless operations. Industries such as software, IT, digital agencies, and NGOs are served. Real-time visibility into project performance and profitability is provided. AI assistance is utilized to optimize resource allocation and predict project risks. Growth and scalability in operations are supported through automated workflows.
Forecast's top competitors include monday.com, Smartsheet and Clickup.
Forecast offers Forecast App, Resource Management, and Financial Management.
Forecast has 8 investors. Key investors include Accelo, Balderton Capital, Heartcore Capital, Crane Venture Partners, and SEED Capital.
The valuation of Forecast is $52.01M as of Feb 2021.