
Forethought
Game-changing solutions that empower customers and employees with human-centered AI that provides answers, streamlines work, and makes life easier.
USD | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|
Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
% growth | - | 156 % | 267 % | 249 % | 161 % | - |
EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Dealroom estimates
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Forethought.ai is a startup that leverages artificial intelligence (AI) to revolutionize customer support. Their primary product, SupportGPT™, is a generative AI that helps businesses reduce costs and enhance customer experience. It uses Large Language Models (LLMs), which are AI models that understand and generate human-like text, to provide efficient and effective customer support. This technology is trained on a company's own data, ensuring that it is tailored to their specific needs and customer base.
Forethought.ai's technology is particularly beneficial for businesses in sectors like E-commerce, SaaS, and FinTech. It helps these companies maximize their return on investment (ROI) by automating customer service tasks, such as instantly resolving common customer service tickets and routing complex or high-priority inquiries to the right agent. This not only reduces the time it takes to resolve customer issues but also lowers the cost of customer service operations.
The startup also offers a feature called Autoflows, which is a natural language customer experience (CX) automation tool. This doesn't require any workflows or code, making it easy for businesses to implement and use. It can recommend and optimize customer service workflows, track performance and ROI, and instantly improve resolution times.
Forethought.ai operates in the AI and customer service market, serving businesses that want to improve their customer support efficiency and effectiveness. The company makes money by selling its AI-powered customer support technology to these businesses.
Keywords: Artificial Intelligence, Customer Support, Large Language Models, Efficiency, Return on Investment, E-commerce, SaaS, FinTech, Automation, Customer Experience.