This story was originally published on HackerNoon at:
https://hackernoon.com/forgepoint-raises-$98m-from-primary-and-a16z-speedrun-to-give-factories-an-ai-sales-team.
Forgepoint raised a $9.8M seed led by Primary and a16z speedrun for Frank, an AI sales rep that helps US manufacturers quote faster and win more work.
Check more stories related to undefined at:
https://hackernoon.com/c/undefined.
You can also check exclusive content about
#forgepoint,
#a16z,
#a16z-speedrun,
#primary-venture-partners,
#software-engineering,
#technology,
#good-company,
#ai-and-ml, and more.
This story was written by:
@ishanpandey. Learn more about this writer by checking
@ishanpandey's about page,
and for more stories, please visit
hackernoon.com.
Forgepoint has raised a $9.8 million seed round led by Primary Venture Partners and a16z speedrun, with angel investors from OpenAI, Brex, Vercel and SoFi.
Its AI Inside Sales Rep, Frank, runs the request-for-quote to purchase-order process for manufacturers using each shop's own pricing rules and approvals.
Forgepoint reached seven-figure annual recurring revenue within six months of launching Frank, with hundreds of engineers, estimators and sales reps using it every week.
Customers send 30% more quotes a month on average and cut their time to quote by more than 55%.
Construction spending on US factories was still running at $171 billion a year in August 2026, more than double its 2021 pace.
Nearly half of manufacturers now expect a vendor to respond within 24 hours, according to a 2025 Gardner Intelligence study.