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How Forethought CEO Deon Nicholas grew Forethought to $15.7M revenue with a 106 person team in 2021.

Forethought.ai is an AI-powered customer service platform that uses natural language processing and machine learning to help customer support teams provide faster and more accurate responses to customer inquiries.

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Forethought Revenue

In 2021, Forethought's revenue reached $15.7M. Since its launch in 2017, Forethought has shown consistent revenue growth.

Forethought Revenue GrowthReported revenue / ARR by year$0$4M$8M$12M$16M$20M20172018201920202021$0$16MSource: GetLatka.com
YearMilestone
2021Forethought Hit $15.7m revenue in September 2021
2017Launched with $0 revenue

Forethought Valuation, Funding Rounds

Forethought's most recent disclosed valuation is $47.1M.

Forethought has raised $92M in total funding across 4 rounds, most recently a $65M Series C round in 2021.

Forethought Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$20M$40M$60M$80M$100M201720182019202020212017 cumulative: $0 • 2017 Founded: $02018 cumulative: $1M • 2017 Founded: $0 • 2018 Seed Round: $1M2018 cumulative: $10M • 2017 Founded: $0 • 2018 Seed Round: $1M • 2018 Series A: $9M2020 cumulative: $27M • 2017 Founded: $0 • 2018 Seed Round: $1M • 2018 Series A: $9M • 2020 Series B: $17M2021 cumulative: $92M • 2017 Founded: $0 • 2018 Seed Round: $1M • 2018 Series A: $9M • 2020 Series B: $17M • 2021 Series C: $65M$92M2017 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold
2021Series C$65M--
2020Series B$17M--
2018Series A$9M--
2018Seed Round$1M--

Forethought Employees & Team Size

Forethought employs approximately 106 people as of 2026, down from 172 in 2023.

Forethought has 106 total employees in different roles and functions and 38 sales reps that carry a quota.

Forethought Team GrowthReported headcount over time0501001502002502017201820192020202120222023202400106106Source: GetLatka.com
YearMilestone
2024Reached 106 employees (December 2024)
2024Reached 172 employees (October 2024)
2023Reached 172 employees (September 2023)
2023Reached 174 employees (January 2023)
2022Reached 200 employees (January 2022)
2021Reached 139 employees (December 2021)
2021Reached 151 employees (August 2021)
2020Reached 53 employees (December 2020)
2020Reached 26 employees (June 2020)

Founder / CEO

Deon Nicholas

Deon Nicholas is listed as Founder / CEO at Forethought.

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Customers

We do not have customer count information for Forethought yet.

Frequently Asked Questions about Forethought

What is Forethought's revenue?

Forethought generates $15.7M in revenue.

Who founded Forethought?

Forethought was founded by Deon Nicholas.

Who is the CEO of Forethought?

The CEO of Forethought is Deon Nicholas.

How much funding does Forethought have?

Forethought raised $92M.

How many employees does Forethought have?

Forethought has 106 employees.

Where is Forethought headquarters?

Forethought is headquartered in San Francisco, California, United States.

Compare Forethought to the industry

Forethought operates across multiple industries. Browse revenue, funding, and growth data for Forethought in each sector below.

Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .

Forethought Revenue 2021: $15.7M ARR, $47.1M Valuation