When was Forgent AI founded?

Forgent AI was founded in 2025 and raised its 1st funding round within a year of its incorporation.

Where is Forgent AI located?

Forgent AI is headquartered in Berlin, Germany.

Who is the current CEO of Forgent AI?

Erik Heinelt of Forgent AI. They have also founded 1 company.

How many employees does Forgent AI have?

As of May 31, 2026, the latest employee count at Forgent AI is 20.

Is Forgent AI a funded company?

Forgent AI is a funded company, having raised a total of $***** in its 1st and only funding round, a Seed round on Sep 23, 2025.

When was the latest funding round of Forgent AI?

Forgent AI's latest funding was a $***** Seed round on Sep 23, 2025, with participation from 5 investors.

Where does Forgent AI rank among its competitors?

Forgent AI ranks 7th amongst 22 active competitors, of which 7 are funded. It stands 4th in terms of total funding among its competitors. The most recent competitor to raise funding was Govdash, which secured $30M in Jan, 2026.

Who are the top competitors of Forgent AI?

Forgent AI's top competitors include Tendios, Altura and Govdash. Among them, Govdash secured the most recent funding round in January, 2026.

Forgent AI - 2026 Company Profile, Team, Funding & Competitors

Forgent AI is a seed company based in Berlin (Germany), founded in 2025 by Erik Heinelt and Leonard Wossnig. It operates as a Developer of AI agents for public sector contract bid management. Forgent AI has raised $5.06M in funding from Cherry Ventures. The company has 22 active competitors, including 7 funded and 2 that have exited. Its top competitors include companies like Tendios, Altura and Govdash.

Company Details

Developer of AI agents for public sector contract bid management. The company provides tools to automate manual tasks, draft proposals, and ensure compliance. It offers intelligent scoring to identify and match opportunities to user profiles. The AI agents also facilitate team, supplier, and partner coordination. The company emphasizes security, data residency, and compliance.

Website: www.forgent.ai/
Email ID: *****@forgent.ai
Phone Number: +49 **********

Key Metrics

Founded Year

2025

Location

Berlin, Germany

Stage

Seed

Total Funding

$5.06M in 1 round

Latest Funding Round

Seed, Sep 23, 2025, $*****

Investors

Cherry Ventures & 5 more

Ranked

7^th among 22 active competitors

Employee Count

20 as on May 31, 2026

Similar Companies

Tendios & 23 more

View Forgent AI's full profile

Forgent AI has raised a total funding of $5.06M over 1 round. Its latest funding round was a Seed round on Sep 23, 2025 for $*****. 5 investors participated in its latest round. Forgent AI has 1 institutional investor and 5 angel investors.

Here is the list of recent funding rounds of Forgent AI:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Sep 23, 2025	6399102	Seed	2098317	9824462	8979644	6931094

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View details of Forgent AI's funding rounds and investors

The founders of Forgent AI are Erik Heinelt and Leonard Wossnig. Erik Heinelt is the CEO of Forgent AI.

Here are the details of Forgent AI's key team members:

Erik Heinelt: Co-Founder & CEO of Forgent AI.
Leonard Wossnig: Co-Founder & CTO of Forgent AI.

View details of Forgent AI's Founder profiles and Board Members

Forgent AI's employee count trend

Forgent AI has 20 employees as of May 26. Here is Forgent AI's employee count trend over the years:

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Top competitors of Forgent AI include Tendios, Altura and Govdash. Here is the list of Top 10 competitors of Forgent AI, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Tendios 2019, Barcelona (Spain), Seed	Provider of an AI platform for managing public procurement and tenders	$2.27M	Easo Ventures, Ona Capital & 2 others	53/100
2nd	Altura 2019, Utrecht (Netherlands), Series A	AI driven end to end bid management platform	$12.9M	Octopus Ventures, Fortino Capital & 2 others	53/100
3rd	Govdash 2021, San Francisco (United States), Series B	AI-based bidding platform for procurement management	$40M	BCI, Northzone & 3 others	52/100
4th	Mercell 1999, Oslo (Norway), Acquired	Online tendering platform	$87.8M	Viking Venture, Europa	44/100
5th	Prosal 2020, Miami (United States), Seed	RFP platform space, enabling seamless connection, creation, and collaboration for business development	$1.58M	Fusen, Mana Ventures & 5 others	35/100
6th	VORTAL 2000, Lisbon (Portugal), Acquired	Provider of procurement solutions for enterprises	-	Armilar Venture Partners, Pathena & 2 others	34/100
7th	Forgent AI 2025, Berlin (Germany), Seed	Developer of AI agents for public sector contract bid management	$5.06M	Cherry Ventures & 5 others	30/100
8th	Pixelware 1996, Madrid (Spain), Funding Raised	Provider of suite solutions for government	-	Europa	28/100
9th	Orbidal 2014, Dublin (Ireland), Deadpooled	Cloud-based tender management solution	$1.17M	Enterprise Ireland, Growing Capital	25/100
10th	Odo 2023, Denver (United States), Seed	AI-powered bidding platform for government contracts	$500K	Y Combinator	24/100