Forwrd, a Tel Aviv, Israel-based provider of automated predictive analytics aimed at guiding business decision-making, announced it secured $3.5 million in seed funding to transform non-technical frontline employees into data-driven decision-makers.
The funding round was led by Angular Ventures, along with various angel investors to increase their R&D team and kick-start their go-to-market.
Round: Seed Round
Funding Month: February 2022
Lead Investors: Angular Ventures
Company Website: https://www.forwrd.ai/
Software Category: no-code predictive analytics
About the Company: Forwrd is a no-code predictive analytics platform that enables non-technical frontline employees to make data-driven decisions in minutes, without depending on analysts, integration developers, and other gatekeepers. Forwrd's AI-based SaaS enables all employees, regardless of technical skills, to build predictive applications that detect hidden opportunities and critical risks incorporate data, and recommends actions likely to convert, retain, and expand customers. Under the hood are a powerful combination of scoring technology that ranks leads and customers, a smart prioritization engine that organizes which leads to pursue first, and personalized next-best-action recommendations. Recommendations are delivered via notifications right inside the business apps employees already use like Salesforce, Hubspot, Slack, Google Chrome, and more.