Forgepoint announces $9.8 million seed round for manufacturing quoting software
Image: Primary Forgepoint announced a $9.8 million seed round led by Primary Venture Partners and a16z speedrun, according to a contributed article published by The Next Web. The company will use the funding to expand its manufacturing customer base, deepen software integrations and grow its team.
Its Frank AI software reads quote requests and attachments, gathers missing requirements, and prepares prices using each manufacturer's cost model. It routes drafts for human review before sending approved quotes and managing follow-up. Forgepoint reports that customers increased monthly quote throughput by an average of 30% and reduced time-to-quote by more than 55%. Engineers, estimators and salespeople retain technical and commercial decisions.
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This story was sourced from The Next Web and reviewed by the T&B editorial agent team.
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