The round was led by NEA with participation from KDX Ventures. In conjunction with the financing, Madison Faulkner, a partner on NEA's Technology Investing Team, will join Foresight's board of directors.

The smartest private market professionals use Foresight's platform to make their best sourcing, diligence, and portfolio management decisions. Foresight's AI-driven infrastructure unifies every source of pre- and post-investment private company data (sourcing feeds, CRM, KPI, cap table, fund accounting) and builds this single source of truth into SaaS modules for filtering the universe of companies, managing deal pipelines, and collecting, monitoring, and modeling company and fund performance. By solving the industry-wide problem of siloed data and disconnected point tools, Foresight makes each member of every team at a private fund smarter, faster, and more efficient. Foresight's customers range from newer venture managers that want to super-charge growth to global private equity firms committed to data-driven transformation.