Prevedere
The business, the turning points, and the decisions behind them.
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Sections to complete:02 · 05
01 / WHAT IT BUILT
What the company did
Prevedere was a US predictive analytics company founded by Rich Wagner, a pioneer in predictive planning based on econometric modeling. Its global data repository and patented AI platform (the ERIN suite) helped enterprises identify market drivers, quantify the impact of economic volatility, generate performance forecasts and build optimistic/pessimistic scenarios. Leading consumer goods, retail, logistics and manufacturing companies used it for economic intelligence and planning. It raised about $67.3 million, including $25 million in strategic financing with participation from Workday Ventures and Norwest Venture Partners.
02 / FAILURE REASONS
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03 / EVENT HISTORY
Events in the structured record
- Acquired by Board
On November 13, 2024, enterprise planning platform Board announced its acquisition of Prevedere, making it the only planning platform to combine internal performance metrics with external economic intelligence. Founder Rich Wagner became Field CTO at Board.
04 / CONTEMPORARY REBUILD ASSESSMENT
Difficulty of rebuilding this project today
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Overall assessment: Not completed
05 / CAUSAL CHAIN / AFTERMATH
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