Prevedere, a Sunnyvale, CA-based fastest-growing Intelligent Forecasting software company delivering strategic insights based on economic trends, today announced it has completed $25 million in financing.
The round was led by Norwest Venture Partners, with participation from Workday Ventures, M12, JobsOhio, Gaingels, and Latitude Ventures.
Prevedere will use the new funds to accelerate the company’s fast-growing market adoption by enterprises looking to leverage the world’s data and artificial intelligence to improve enterprise planning and forecasting amidst unprecedented market uncertainty.
Company: Prevedere, Inc.
Raised: $25.0M
Round: unknown
Funding Month: January 2022
Lead Investors: Norwest Venture Partners
Additional Investors: Workday Ventures, M12, JobsOhio, Gaingels, and Latitude Ventures
Company Website: https://prevedere.com/
Software Category: predictive analytics technology and solutions
About the Company: Prevedere is the world’s leading provider of predictive analytics technology and solutions based on econometric modeling, enabling intelligent enterprises to understand and quantify the impact of external factors as part of their strategic planning and forecasting. Prevedere global data repository and patented AI platform enable financial executives and operational planners to identify market drivers, quantify the future impact of economic volatility, generate performance forecasts, and optimize plans based on market foresight. Prevedere’s automated AI model monitoring provides an early warning system when unplanned market shifts and anomalies are predicted, enabling planners to future-proof business performance. Many of the world’s leading consumer packaged goods, retail, logistics, and manufacturing companies leverage Prevedere to generate economic intelligence, spot market opportunities, mitigate risks, and deliver exclusive competitive advantage.
Source: https://prevedere.com/covid-changing-how-companies-forecast-2/