Foresight, a New York-based SaaS startup focused on the private markets, has raised $5.5 million in seed funding.
Investors
The seed round was led by NEA, with participation from KDX Ventures.
New Enterprise Associates, Inc. (NEA) is a global venture capital firm founded in 1977, with over $27 billion in assets under management as of December 31, 2024. NEA invests in technology and healthcare companies at all stages, from seed to IPO. The firm has a long track record, with over 280 IPOs and over 470 mergers and acquisitions across its portfolio.
Foresight Use of Funds
The company will use the funds to expand its product and go-to-market (GTM) teams as it scales its AI-powered platform for private market investors.
About Foresight
Founded in 2023, Foresight provides an AI-driven platform to help private market professionals optimize sourcing, diligence, and portfolio management. It offers SaaS tools for evaluating companies, managing pipelines, and tracking performance. The platform integrates over 50 disparate data sources—including sourcing feeds, CRMs, cap table tools, and fund accounting systems—into a single knowledge graph accessible via analytics, dashboards, and modeling tools. Headquartered in New York City with an office in San Francisco, the company serves venture capital and private equity firms such as Forerunner and Kleiner Perkins.
Funding Details
Company: Foresight Data, Inc.
Raised: $5.5M
Round: Seed
Funding Date: June 2025
Lead Investor: NEA
Additional Investors: KDX Ventures
Company Website: https://www.foresightdata.com/
Software Category: Private Markets / Investment Intelligence / AI SaaS
Source: https://www.businesswire.com/news/home/20250626393402/en/