Forethought

Forethought

AI-powered customer support automation platform

About Forethought

Simplify's Rating
Why Forethought is rated
C
Rated D+ on Competitive Edge
Rated B on Growth Potential
Rated C on Rating Differentiation

Industries

Consumer Software

Enterprise Software

AI & Machine Learning

Company Size

51-200

Company Stage

Series C

Total Funding

$91M

Headquarters

San Francisco, California

Founded

2017

Overview

Forethought.ai focuses on enhancing customer support through artificial intelligence. Its main product, SupportGPT™, utilizes Large Language Models (LLMs) to understand and generate human-like text, allowing businesses to automate customer service tasks. This AI is trained on a company's specific data, making it tailored to their needs. By instantly resolving common customer inquiries and efficiently routing complex issues, Forethought.ai helps businesses in sectors like E-commerce, SaaS, and FinTech reduce costs and improve customer experience. Additionally, the Autoflows feature allows companies to automate customer experience processes without needing coding skills, optimizing workflows and tracking performance. Forethought.ai stands out by providing a highly customizable AI solution that directly addresses the unique challenges of customer support, aiming to maximize return on investment for its clients.

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Simplify's Take

What believers are saying

  • Forethought's collaboration with Cartesia enhances voice AI for better customer interactions.
  • Recognition in Gartner's 2023 report boosts Forethought's credibility in customer service technology.
  • Strategic leadership appointments aim to drive growth and innovation in AI solutions.

What critics are saying

  • OpenAI's 'Operator' agent could threaten Forethought's market share in eCommerce.
  • Rapid AI advancements by competitors may pressure Forethought to innovate continuously.
  • Partnerships like Aware and Luminous could introduce competitive AI support products.

What makes Forethought unique

  • Forethought uses LLMs to tailor AI support to specific business needs.
  • SupportGPT™ automates customer service, reducing costs and enhancing customer experience.
  • Autoflows offers no-code CX automation, simplifying implementation for businesses.

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Funding

Total Funding

$91M

Meets

Industry Average

Funded Over

3 Rounds

Notable Investors:
Series C funding is usually for startups that are doing well and are looking for more money to fuel major growth, such as acquiring other companies, expanding into global markets, or launching new product lines. Investors typically include larger venture capital firms and private equity.
Series C Funding Comparison
Above Average

Industry standards

$50M
$50M
Medium
$62M
SeatGeek
$65M
Forethought
$100M
Oura

Benefits

Unlimited PTO

Hybrid work

Competitive salary + stock options

Competitive insurance plans

Parental leaves

Growth & Insights and Company News

Headcount

6 month growth

-3%

1 year growth

-4%

2 year growth

0%
MarTech 360
Mar 27th, 2025
Forethought Unveils Voice AI, Pioneering the First Complete Agentic AI CX Platform

Forethought has joined forces with Cartesia, a leader in real-time voice AI, to enhance its voice AI agents and deliver high-quality conversational experiences.

PYMNTS
Nov 15th, 2024
Openai Readies ‘Operator’ Agent With Ecommerce, Web Browsing Capabilities

OpenAI reportedly plans to release an autonomous computer-controlling agent called “Operator,” marking a significant advance in artificial intelligence (AI) systems that can independently browse the web and complete online transactions. This development signals a broader push by tech companies to create AI agents that can handle everything from product research to price comparisons and purchases. This could reshape how consumers interact with eCommerce platforms and raise questions about the future role of human sales representatives and customer service agents. “Models like Operator are going to enable more consumer agentic flows: booking your haircuts, booking a restaurant, etc., so I think as those trends collide, we’ll see more agent-to-agent and fully autonomous AI workflows,” Deon Nicholas, co-founder of Forethought, a generative AI for customer support platform, told PYMNTS. “This will free up humans to do more valuable interactions, and consumers can focus on more personalized decision-making, such as what products they’re interested in, what styles they like, or what cuisine they want, rather than the mundane stuff.”

PYMNTS
Nov 15th, 2024
Openai Readies 'Operator' Agent With Ecommerce, Web Browsing Capabilities

OpenAI reportedly plans to release an autonomous computer-controlling agent called “Operator,” marking a significant advance in artificial intelligence (AI) systems that can independently browse the web and complete online transactions. This development signals a broader push by tech companies to create AI agents that can handle everything from product research to price comparisons and purchases. This could reshape how consumers interact with eCommerce platforms and raise questions about the future role of human sales representatives and customer service agents. “Models like Operator are going to enable more consumer agentic flows: booking your haircuts, booking a restaurant, etc., so I think as those trends collide, we’ll see more agent-to-agent and fully autonomous AI workflows,” Deon Nicholas, co-founder of Forethought, a generative AI for customer support platform, told PYMNTS. “This will free up humans to do more valuable interactions, and consumers can focus on more personalized decision-making, such as what products they’re interested in, what styles they like, or what cuisine they want, rather than the mundane stuff.”

Joplin Globe
Nov 15th, 2023
Forethought Appoints Bhusha Mehta as Vice President of Customer Experience and Success

Forethought, the leading generative AI for customer support automation, today announced that Bhusha Mehta has joined the company as Vice President of Customer Experience and Success.

SalesTechStar
Sep 28th, 2023
Forethought Recognized in Gartner's 2023 "Cool Vendor in Customer Service and Support Technology" Report

Forethought, the leading generative AI for customer support, has been recognized in Gartner's 2023 Cool Vendor in Customer Service and Support Technology report.

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