Forgepoint raises $9.8M to automate custom price quotes for manufacturing firms

Forgepoint Inc. has raised $9.8 million in seed funding, co-led by Primary Venture Partners and a16z Speedrun. The startup aims to revive the American manufacturing industry by reducing reliance on foreign imports and creating jobs. Forgepoint is introducing Frank, an AI Inside Sales Rep designed to automate custom price quotes for manufacturing firms. This technology addresses the efficiency gap between automated shop floors and manual office processes, allowing manufacturers to provide customer quotes significantly faster.