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ForeSee

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uuid0005kvv

Namestring
ForeSee
Legal namestring
ForeSee
Websiteurl
foresee.com
Company typeenum
Private
Founded yearint
2001
Descriptiontext

ForeSee was a customer experience (CX) analytics company specializing in Voice of the Customer (VoC) solutions and predictive experience management. Founded in 2001 by Claes Fornell and headquartered in Ann Arbor, Michigan, the company built its core product around a patented predictive XM (experience management) data science model developed over nearly 20 years. The platform unified survey and behavioral VOC data across customer touchpoints to predict which actions would most effectively improve revenue, loyalty, retention, and competitive outcomes. Its go-to-market targeted enterprise customers across retail, financial services, and public sector, with visible logos including Carnival, Citizen, Comerica, Shoe Carnival, Vera Bradley, and Virginia Lottery.

In July 2019, ForeSee was acquired by Verint Systems (NASDAQ: VRNT), a strategic move that integrated ForeSee's predictive modeling capabilities into Verint's broader Customer Engagement Solutions portfolio. Following the acquisition, ForeSee's technology became a component of Verint's AI-powered CX analytics and automation stack, sitting alongside the Open Engagement Data Hub and Da Vinci AI platform. Pre-acquisition, ForeSee had raised approximately $25 million in disclosed funding (a $5M round from MMV Capital Partners in 2006 and a $20M round led by Investor Growth Capital and Updata Partners in 2007) and operated with 251-500 employees generating an estimated $200M-$350M in revenue. The business model was enterprise SaaS-style CX analytics subscription, with revenue mechanics anchored to multi-year enterprise contracts; specific pricing was not publicly disclosed in the source material.

Short descriptiontext

ForeSee was a Voice of the Customer and predictive customer experience analytics company founded in 2001 by Claes Fornell, serving enterprise clients across retail, financial services, and public sector before its 2019 acquisition by Verint.

Operating statusenum
Acquired
Ownership categoryenum
Headcount rangeband
251–500
akta.pro rankint
HeadquartersAnn Arbor, United States
HQ citystring
Ann Arbor
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Keyword5 values
voice of customer, customer experience analytics, predictive experience modeling, CX measurement software, customer feedback analytics
Industry4 codes
PRIMARYBPAHALAK
Customer Experience (CX) & Voice-of-Customer Analytics
SECONDARYMPAAALAH
Customer Experience (CX) & Voice of Customer (NPS/CSAT, Journey Research)
SECONDARYHDAAAHAC
Customer Churn, CLV & Retention Intelligence
SECONDARYBPAAABAN
Customer Experience (CX) QA, Analytics & Voice-of-Customer Operations
Business & Public Services/Administrative & Support Services (BPO, Call Centers, Back Office)/Omnichannel Customer Support (Email, Chat, Social, Messaging)
NAICS code3 codes
  • Marketing Research and Public Opinion Polling541910
  • Custom Computer Programming Services541511
  • Computer Systems Design Services541512
SIC code2 codes
  • Services-Prepackaged Software7372
  • Services-Computer Programming, Data Processing, Etc.7370
Product category
Customer Experience Analytics Software
Social media profiles2 records
Cost components4 values
Technology or R&D, Personnel, Marketing or Sales, Operations
GTM typeB2B
B2B
Offering typeSoftware
Software
Core offering1 text field

ForeSee provided Voice of the Customer (VOC) and customer experience (CX) analytics software that measured customer and employee experiences across touchpoints and predicted the best actions to improve them. The platform unified survey and behavioral data through a patented predictive experience management (XM) data science model, and its capabilities are now offered within Verint's CX analytics and predictive modeling solutions.

Differentiator
Functional benefit
Problem solved
Product overview1 text field

ForeSee was a customer experience (CX) and voice of the customer (VoC) analytics company that was acquired by Verint in July 2019. Following the acquisition, ForeSee's VoC capabilities were integrated into Verint's Customer Engagement Solutions portfolio. The source data does not contain specific information about ForeSee's standalone products, modules, or current product architecture.

Partnership1 partner
Strategic tierFlagshipTypeStrategic or Co-development Partner
Description

ForeSee was acquired by Verint. The acquisition was completed around July 2019, with Verint boosting its Voice of the Customer (VoC) capabilities following the ForeSee acquisition. 451 Research noted that Verint's focus on VoC and overall CX analytics was aimed at a broader enterprise market. The ForeSee acquisition helped enhance Verint's expertise and created a more holistic solution for customers.

Recent move4 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight3 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Clarabridge was a leading CX analytics platform specializing in text and speech analytics; it was acquired by Qualtrics and competed directly with ForeSee's CX analytics and VoC offerings.

TypeDirect peer
Description

Confirmit was an enterprise VoC and market research technology vendor whose survey, VoC, and reporting capabilities directly overlapped with ForeSee's measurement platform.

TypeBroad incumbent
Description

Verint is ForeSee's parent company and a broad enterprise CX/contact center vendor; prior to the 2019 acquisition Verint was itself a competing incumbent in CX analytics with overlapping VoC capabilities.

TypeDirect peer
Description

Medallia is a leading enterprise VoC and customer experience analytics platform that combines survey, behavioral, and contact-center signals, directly overlapping with ForeSee's VoC and predictive experience management capabilities.

TypeDirect peer
Description

Qualtrics is the largest standalone VoC/experience management platform, offering CX surveys, journey analytics, and predictive analytics directly competitive with ForeSee's predictive XM offering across the same enterprise buyer.

TypeDirect peer
Description

CustomerGauge is a VoC platform focused on B2B NPS and account experience measurement; it targets similar mid-market and enterprise CX buyers as ForeSee's VoC suite.

TypeEmerging player
Description

Reputation.com focuses on online reputation, reviews, and customer feedback management for multi-location enterprises, representing an adjacent VoC and CX measurement category that partially overlaps with ForeSee's broader VoC proposition.

TypeDirect peer
Description

InMoment is a VoC and CX analytics vendor offering enterprise survey, text analytics, and experience improvement workflows that compete head-to-head with ForeSee for the same enterprise CX measurement budgets.

TypeDirect peer
Description

NICE Satmetrix combines VoC/NPS measurement with NICE's contact-center analytics platform, overlapping with ForeSee's CX measurement and predictive experience management functionality.

TypeDirect peer
Description

MaritzCX (rebranded to Illuminate) is an enterprise VoC and CX analytics vendor that competed with ForeSee in survey-based experience measurement and closed-loop action workflows.

Market position
Strengths4 records

Each record includes

Headline, Details, Source

Weaknesses4 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights5 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Ideal customer profile1 record

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds2 records

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors4 records

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

ForeSee

Customer Experience Analytics Softwareforesee.com

ForeSee was a Voice of the Customer and predictive customer experience analytics company founded in 2001 by Claes Fornell, serving enterprise clients across retail, financial services, and public sector before its 2019 acquisition by Verint.

What ForeSee does

ForeSee was a customer experience (CX) analytics company specializing in Voice of the Customer (VoC) solutions and predictive experience management. Founded in 2001 by Claes Fornell and headquartered in Ann Arbor, Michigan, the company built its core product around a patented predictive XM (experience management) data science model developed over nearly 20 years. The platform unified survey and behavioral VOC data across customer touchpoints to predict which actions would most effectively improve revenue, loyalty, retention, and competitive outcomes. Its go-to-market targeted enterprise customers across retail, financial services, and public sector, with visible logos including Carnival, Citizen, Comerica, Shoe Carnival, Vera Bradley, and Virginia Lottery.

In July 2019, ForeSee was acquired by Verint Systems (NASDAQ: VRNT), a strategic move that integrated ForeSee's predictive modeling capabilities into Verint's broader Customer Engagement Solutions portfolio. Following the acquisition, ForeSee's technology became a component of Verint's AI-powered CX analytics and automation stack, sitting alongside the Open Engagement Data Hub and Da Vinci AI platform. Pre-acquisition, ForeSee had raised approximately $25 million in disclosed funding (a $5M round from MMV Capital Partners in 2006 and a $20M round led by Investor Growth Capital and Updata Partners in 2007) and operated with 251-500 employees generating an estimated $200M-$350M in revenue. The business model was enterprise SaaS-style CX analytics subscription, with revenue mechanics anchored to multi-year enterprise contracts; specific pricing was not publicly disclosed in the source material.

ForeSee firmographics

Firmographics
Name
ForeSee
Legal name
ForeSee
Website
https://foresee.com
Company type
Private
Founded year
2001
Operating status
Acquired
Headcount range
251–500 employees
Short description
ForeSee was a Voice of the Customer and predictive customer experience analytics company founded in 2001 by Claes Fornell, serving enterprise clients across retail, financial services, and public sector before its 2019 acquisition by Verint.
Ownership category
akta.pro rank

ForeSee industry classification

Industry
Product category
Customer Experience Analytics Software
NAICS
Marketing Research and Public Opinion Polling (541910), Custom Computer Programming Services (541511), Computer Systems Design Services (541512)
SIC
Services-Prepackaged Software (7372), Services-Computer Programming, Data Processing, Etc. (7370)
akta.pro industry
PRIMARYBPAHALAK
Customer Experience (CX) & Voice-of-Customer Analytics
SECONDARYMPAAALAH
Customer Experience (CX) & Voice of Customer (NPS/CSAT, Journey Research)
SECONDARYHDAAAHAC
Customer Churn, CLV & Retention Intelligence
SECONDARYBPAAABAN
Customer Experience (CX) QA, Analytics & Voice-of-Customer Operations
Business & Public Services/Administrative & Support Services (BPO, Call Centers, Back Office)/Omnichannel Customer Support (Email, Chat, Social, Messaging)

Keywords

  • Voice of customer
  • Customer experience analytics
  • Predictive experience modeling
  • CX measurement software
  • Customer feedback analytics

Where ForeSee is headquartered

Location

Headquarters

HQ city
Ann Arbor
HQ country
United States
HQ region
North America

Markets served

ForeSee business model

Business model
GTM type
B2B
Offering type
Software
Cost components
Technology or R&D, Personnel, Marketing or Sales, Operations

ForeSee product offering

Product offering

Core offering

ForeSee provided Voice of the Customer (VOC) and customer experience (CX) analytics software that measured customer and employee experiences across touchpoints and predicted the best actions to improve them. The platform unified survey and behavioral data through a patented predictive experience management (XM) data science model, and its capabilities are now offered within Verint's CX analytics and predictive modeling solutions.

Product overview

ForeSee was a customer experience (CX) and voice of the customer (VoC) analytics company that was acquired by Verint in July 2019. Following the acquisition, ForeSee's VoC capabilities were integrated into Verint's Customer Engagement Solutions portfolio. The source data does not contain specific information about ForeSee's standalone products, modules, or current product architecture.

Differentiator

Problem solved

Functional benefit

Companies that use ForeSee

Customer profile

Ideal customer profiles1 record

ForeSee technology and API

Technology

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

ForeSee partnerships and signals

Strategic signal

Partnerships

One partnership is on record.

  • VerintflagshipStrategic or Co-development PartnerForeSee was acquired by Verint. The acquisition was completed around July 2019, with Verint boosting its Voice of the Customer (VoC) capabilities following the ForeSee acquisition. 451 Research noted that Verint's focus on VoC and overall CX analytics was aimed at a broader enterprise market. The ForeSee acquisition helped enhance Verint's expertise and created a more holistic solution for customers.

Recent moves4 records

Expansion highlights3 records

ForeSee competitors and assessment

Company assessment

Direct peers

  • Clarabridge (now part of Qualtrics): Clarabridge was a leading CX analytics platform specializing in text and speech analytics; it was acquired by Qualtrics and competed directly with ForeSee's CX analytics and VoC offerings.
  • Confirmit (now part of Dapresy): Confirmit was an enterprise VoC and market research technology vendor whose survey, VoC, and reporting capabilities directly overlapped with ForeSee's measurement platform.
  • Medallia: Medallia is a leading enterprise VoC and customer experience analytics platform that combines survey, behavioral, and contact-center signals, directly overlapping with ForeSee's VoC and predictive experience management capabilities.
  • Qualtrics: Qualtrics is the largest standalone VoC/experience management platform, offering CX surveys, journey analytics, and predictive analytics directly competitive with ForeSee's predictive XM offering across the same enterprise buyer.
  • CustomerGauge: CustomerGauge is a VoC platform focused on B2B NPS and account experience measurement; it targets similar mid-market and enterprise CX buyers as ForeSee's VoC suite.
  • InMoment: InMoment is a VoC and CX analytics vendor offering enterprise survey, text analytics, and experience improvement workflows that compete head-to-head with ForeSee for the same enterprise CX measurement budgets.
  • NICE Satmetrix: NICE Satmetrix combines VoC/NPS measurement with NICE's contact-center analytics platform, overlapping with ForeSee's CX measurement and predictive experience management functionality.
  • MaritzCX (now Illuminate): MaritzCX (rebranded to Illuminate) is an enterprise VoC and CX analytics vendor that competed with ForeSee in survey-based experience measurement and closed-loop action workflows.

Broad incumbents

  • Verint Systems: Verint is ForeSee's parent company and a broad enterprise CX/contact center vendor; prior to the 2019 acquisition Verint was itself a competing incumbent in CX analytics with overlapping VoC capabilities.

Emerging players

  • Reputation.com: Reputation.com focuses on online reputation, reviews, and customer feedback management for multi-location enterprises, representing an adjacent VoC and CX measurement category that partially overlaps with ForeSee's broader VoC proposition.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights5 records

Customer concentration

ForeSee social profiles

Digital presence

ForeSee financial estimates

Financial estimate

Revenue estimate

Valuation estimate

ForeSee leadership team

Management profile

Number of profiles

ForeSee funding detail

Funding detail

Funding overview

Funding rounds2 records

Investors4 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

ForeSee M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about ForeSee

What does ForeSee do?

ForeSee provided Voice of the Customer (VOC) and customer experience (CX) analytics software that measured customer and employee experiences across touchpoints and predicted the best actions to improve them. The platform unified survey and behavioral data through a patented predictive experience management (XM) data science model, and its capabilities are now offered within Verint's CX analytics and predictive modeling solutions.

Is ForeSee a public or private company?

ForeSee is a private company. It is classified as corporate owned and is currently acquired.

When was ForeSee founded?

ForeSee was founded in 2001. It employs 251 to 500 people.

Where is ForeSee based?

ForeSee is headquartered in Ann Arbor, United States, in the North America region.

Who are ForeSee's main competitors?

Direct peers on record are Clarabridge (now part of Qualtrics), Confirmit (now part of Dapresy), Medallia, Qualtrics, CustomerGauge, InMoment, NICE Satmetrix and MaritzCX (now Illuminate). Verint Systems is listed as a broad incumbent. Reputation.com is listed as an emerging player.

Does ForeSee have an API?

No public API is recorded for ForeSee.

What industry is ForeSee in?

ForeSee's product category is Customer Experience Analytics Software. Its primary akta.pro industry code is BPAHALAK, Customer Experience (CX) & Voice-of-Customer Analytics, with a secondary code of MPAAALAH, Customer Experience (CX) & Voice of Customer (NPS/CSAT, Journey Research). Its NAICS code is 541910 and its SIC code is 7372.

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Live signals
PR NewswireForeSee Names Jay Sinder as Chief Financial OfficerForeSee announced the appointment of Jay Sinder as Chief Financial Officer, effective immediately, with the executive reporting directly to CEO Pete Daffern. Sinder joins from ByteGrid where he served as CFO and brings over 20 years of financial and operational experience at public and private software and technology companies. The appointment follows ForeSee's record second quarter and is part of the company's strategy to expand its customer experience leadership and technology investments.PR NewswireForeSee Announces Record Growth and Profit in Q2 2017ForeSee, a customer experience measurement company, announced record second-quarter revenue and bookings in Q2 2017, with bookings growing 22% year-over-year, marking the largest Q2 in company history. The growth was driven by increased adoption of the ForeSee CX Suite following a corporate restructuring that made the company independently operated with support from a new board. ForeSee also expanded its strategic partnership program to include extended relationships with Adobe Marketing Cloud and Google Analytics.PR NewswireForeSee Revolutionizes Customer Experience Measurement With New Release of ForeSee CX SuiteForeSee announced the latest release of its ForeSee CX Suite customer experience intelligence platform on July 26, 2017, featuring five new enhancements backed by a year-long data infrastructure transformation. The release includes tools for location leaderboards, hierarchy management, text analytics, flexible survey design, and an updated mobile app. ForeSee also reported record second-quarter revenue and bookings alongside the launch.PR NewswireAmidst Sea of Uncertainties, Citizen Experience Scores Edge Up During New AdministrationForeSee released its Q1 2017 quarterly study measuring citizen experience with federal e-government websites and mobile apps, finding that CX with federal websites rose to 75.8 (up 0.5 points) and mobile apps reached 79.4 (up 1.6 points). The report, representing the 55th consecutive quarter of tracking since 2003, also noted improved site performance across agencies including the IRS, EPA, and NOAA. ForeSee highlighted a correlation between positive citizen experience and increased trust in government, positioning the data as a tool for agencies to improve efficiency and transparency.GlobeNewswireForeSee Announces Record RevenueForeSee announced record revenue in 2016, marking the sixteenth consecutive year of growth since its 2001 founding. The company also unveiled CX innovations including the ForeSee CX Suite and Store Non-Purchaser Measurement. It will host its 11th annual client summit in Phoenix this week.GlobeNewswireAt Shoptalk, ForeSee Introduces Ability to Measure Digital's Contribution to Overall BusinessForeSee introduced a Digital Contribution product at Shoptalk to measure digital's impact on the overall business. The product surveys customers after they leave a digital channel to track their next steps, with 96% of shoppers leaving a site without buying. It aims to help retailers understand cross-channel behavior and competitive loss.GlobeNewswireForeSee Launches Mobile App for CX Intelligence on the GoForeSee launched its ForeSee Mobile app, a companion to its CX Suite, giving CX leaders real-time access to customer satisfaction scores and behavioral trends. The app, available on iOS and Android, includes deep-dive analysis and the Priority Index to prioritize CX investments. It is available to all ForeSee clients with a CX Suite log-in.GlobeNewswireE-Government Citizen Experience Scores Increase as Obama Era Ends, but Experts Herald CautionForeSee's Q4 2016 study found federal e-government website experience rose 0.5 points to 75.3, while mobile app scores fell 1.8 points to 77.8. Experts caution that data-driven changes are essential during the Trump administration transition, with the next report due in May.GlobeNewswireAt NRF, ForeSee Introduces Industry-First Solution to Capturing the Elusive Store Non-PurchaserForeSee launched a new Store Non-Purchaser measurement product at NRF's BIG Show, using web and mobile intercepts to survey shoppers who didn't buy in store. The product aims to identify issues like stock gaps or display problems, with a 1-2% conversion improvement potentially adding tens of millions in revenue.GlobeNewswireWhich Retailers are Winning the Holiday Shopping Battle and Who Will Lead in 2017?ForeSee's 12th annual Experience Index ranked retailers by customer experience during the 2016 holiday season, with mobile scoring 80 and Amazon leading online despite a one-point drop. The study found 50% of shoppers use phones in-store, and good experiences drive cross-channel purchases.