# Forgent AI

**Source:** https://www.startuphub.ai/startups/forgent-ai
**Profile type:** Startup

> AI agents for public sector contract bid management, streamlining procurement processes.

## About

Forgent AI develops AI agents designed to help companies win and deliver public sector contracts. Their platform automates time-consuming and high-friction aspects of the procurement process, enabling teams to focus on execution rather than paperwork. The company emphasizes trust, precision, and transparency in its AI solutions for high-stakes environments.

## Key facts

- **Slug:** forgent-ai
- **Website:** https://www.forgent.ai/
- **Location:** Berlin, Germany
- **Founded:** 2024-05-22
- **Employees:** 20
- **Operating status:** Active
- **Total funding:** $48M
- **Sectors / tags:** AI for procurement, GovTech, Enterprise automation, Agentic AI, AI Agent, Foundation Model, Large Language Model, Generative AI
- **Social:**
  - LinkedIn: https://www.linkedin.com/company/forgent-ai

## Frequently asked

### What does Forgent AI do?

Forgent AI develops AI agents designed to help companies win and deliver public sector contracts. Their platform automates time-consuming and high-friction aspects of the procurement process, enabling teams to focus on execution rather than paperwork. The company emphasizes trust, precision, and transparency in its AI solutions for high-stakes environments.

### What is Forgent AI's valuation?

StartupHub estimates Forgent AI's effective valuation at $194.7M (range $121.1M to $290.6M, 19% confidence), based on comparable companies in the sector.

### How much funding has Forgent AI raised?

Forgent AI has raised a total of $48M in funding. The most recent round on record is Series A.

### Where is Forgent AI headquartered?

Forgent AI is headquartered in Berlin, Germany.

### When was Forgent AI founded?

Forgent AI was founded in 2024.

### What industry does Forgent AI operate in?

Forgent AI operates in AI for procurement, GovTech, Enterprise automation, Agentic AI, AI Agent, Foundation Model.

### How many employees does Forgent AI have?

Forgent AI has approximately 20 people on record.

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