From deal sourcing to portfolio management, Foresight is shaping the future of how the private market engages with data
NEW YORK--BUSINESS WIRE--
Foresight is ushering in the next generation of private market software by letting its customers use natural language to query their unified pre- and post-deal data. Today, the company announced new AI capabilities that will give customers the ability to ask questions within the Foresight platform as well as in ChatGPT, Claude, and Glean through its new model context protocol (MCP) server. Private market dealmakers will be able to prompt Foresight’s AI for lists of prospective companies, and anyone who makes post-deal decisions will be able to ask portfolio questions, model scenarios, and execute workflows in natural language on Foresight’s desktop or mobile interfaces.
“The $15 trillion private market has run on data silos and Excel, which has created unnecessary opacity. Foresight unlocks the data and analytics that fund managers and financial institutions need by using AI to unify the systems and sources of private market data and making it actionable through great user interfaces for sourcing, diligence, and portfolio management. With this product release we make that access simpler by letting our customers talk with their unified data in AI tools they already use every day,” said Jason Miller, Foresight founder and CEO.
The private market is undergoing a digital transformation catalyzed by the need to become data-driven. Banks are working to capitalize on the synergy between lending, wealth management, and M&A teams, and data unification is at the core of this effort. Venture capital, growth, and private equity firms that have relied on reputational inbound for sourcing and long hours of reactive post-investment Excel modeling are evaluating their data strategy and tech stack and searching for ways to scale without headcount.
“Platforms like ChatGPT, Claude and Glean are expanding how users can interact with software. While traditional user interfaces shine with large amounts of data and complex analytics, every software product can benefit from the flexibility of conversational AI, and we’re thrilled to deliver this for our customers,” said Dan Spector, who joined Foresight from Amazon’s artificial general intelligence (AGI) team earlier this year.
Since launching in the Spring of 2023 Foresight has rapidly distinguished itself as the leading data and analytics platform in the private market with customers in venture capital, growth, and private equity and users across every team. Foresight Sourcing customers can create dynamic pipelines of relevant deal prospects and see company profiles that uniquely combine alternative research feeds and first-party data through its integrations with CRMs and productivity tools. Foresight Portfolio customers can model funds, run company scenarios, and create superior LP and GP reporting thanks to industry-first integrations with fund accounting, cap table, and KPI data.
Foresight’s mission is to connect the private market through data, and that mission is accelerated by giving Foresight customers the ability to ingest, access, and action data through the power of AI. Learn more about Foresight’s Fall AI product launch here.
About Foresight
The smartest players in the private market use Foresight’s platform to make their best decisions. Foresight’s AI-driven infrastructure integrates every source of pre- and post-investment private company data – such as sourcing feeds, CRM, KPI, cap table, and fund accounting – and lets users query and analyze this data in its SaaS modules for sourcing, diligence, and portfolio management. By solving the industry-wide problem of siloed data and disconnected point tools, Foresight makes its customers smarter, faster, and more efficient. Foresight’s customers range from venture managers that want to use data and AI to scale without headcount to global private equity firms committed to data-driven transformation. Foresight is headquartered in New York City with an office in San Francisco and is backed by NEA, Greycroft, and KDX Ventures. Learn more at Foresight.ai.
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