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Venture Capital News: Forethought Raises $65M Series C

2021-12-15
SAN FRANCISCO, CA, Forethought, an AI Platform, has announced a $65 million Series C funding round.
Forethought, an AI Platform, has announced a $65 million Series C funding round.

STEADFAST Capital Ventures led the investment and was joined by previous investors NEA, Ashton Kutcher and Guy Oseary's Sound Ventures, and K9 Ventures. New investors Collaborative Fund, Frontline Ventures, Cleo Capital, and Spearhead joined the round, as did A-list notable individual investors, including Gwyneth Paltrow, two-time NBA All-Star Baron Davis, Robert Downey Jr., Trevor McFedries, Kensho CEO Daniel Nadler, Dr. Christopher Manning, IronClad CEO Jason Boehmig, HumanFirst CEO Andy Coravos, Taylor Greene, and Adrienne Harris.

Forethought is a San Francisco-based AI company that aims to empower everyone to be a 'genius at their job'. Agatha, the company's flagship products uses AI to recommend answers to customer support agents within their existing workflows. Forethought's core question-answering algorithm achieves world-class performance, on par with Google Brain and Microsoft Research, as measured by the industry standard benchmark for question-answering.
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