Forecast5 Analytics Accelerates Growth Strategy through Partnership with Riverwood Capital
Summary
Forecast5 Analytics announced a growth equity partnership with Riverwood Capital and said it will use the capital to expand its analytics offerings and customer reach. The company builds cloud-based decision support tools for local governments, school districts, municipalities, and higher education institutions. Forecast5 also highlighted recent product growth, including its 5Laban analytics platform and the 5Cast Plus forecasting engine. Riverwood Capital said the investment will help scale the business and support continued growth in public sector and education markets.
Funding
Amount
-
Total raised
Date
September 20, 2018
Announcement date
Investors
Riverwood Capital
Lead investors
Company
http://www.forecast5analytics.com
Funded company
Classifications
industries
EduTech - institutions
applications
Accounting and Taxes
AskAI Classifications
Labels
No AI classifications detected
Linked Companies
Forecast5 Analytics
$10M to $25M