Forecast raises $5.5M for its ‘AI-powered’ project management software –
Summary
The round is led by Crave Venture Partners, with participation from existing backers SEED Capital and Heartcore. “Work is going more project-based… leading to an increased need for project management skills and expertise,” Forecast co-founder and CEO Dennis Kayser tells TechCrunch. The software integrates with existing tools — such as Trello, Slack, Gdrive, Githum and Salesforce — and uses these various external data-points as key indicators for how well a project is running. “Everyone on your team can continue to use the tool they prefer without sacrificing dead-simple scheduling, reporting and collaboration for project managers and senior executives. With regards to target customer, Kayser says that Forecast is focused on helping IT & services, marketing, and computer software development companies that “rely on capacity being predictable and project delivery being successful”.