Forestay is an early-growth stage venture capital firm and part of B-FLEXION, investing in enterprise AI and SaaS companies across Europe, Israel, and the US East Coast. The firm provides growth capital to category-defining companies at their inflection point, typically leading rounds of $10–15 million.
Deal activity decreased year-over-year (1 deal in the last 12 months vs 2 prior). Average disclosed round size is $65.5M (across 21 rounds with reported amounts).
Portfolio
18
Fund Size
$220M
Top Stage
Series C
Last 12 Mo
1
Team
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
24 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Neural Concept | Series C | $100M | Dec 2025 |
 Buynomics | Series B | — | Mar 2025 |
 Luminance | Series C | — | Feb 2025 |
| Neural Concept | Series C | $100M | Jan 2025 |
| Luminance | Series C | $75M | Jan 2025 |
| Neural Concept | Series B | $27M | Jan 2024 |
 Pivot | Series B | $40M | Dec 2023 |
 Wasabi | Series D | $250M | Sep 2022 |
 Manta | Series B | $35M | May 2022 |
 Convelio | Series B | — | Mar 2022 |
 Scandit | Series D | $150M | Feb 2022 |
 Stratio | Series A | $12M | Jan 2021 |
 Zenjob | Series C | $30M | May 2020 |
 K2View | Growth | $28M | Jan 2020 |
 Kandou Bus | Series C | $56M | Sep 2019 |
 vcita | Unknown | $15M | Jul 2019 |
 Icometrix | Unknown | $18M | May 2019 |
| Kandou Bus | Series C | $92.3M | Jan 2019 |
 Nexthink | Growth | $85M | Dec 2018 |
| Wasabi | Series B | $68M | Sep 2018 |
 Fornova | Series B | $17M | May 2017 |
 Datavations | Series A | $17M | — |
| Zenjob | Growth | $50M | — |
 Fonoa | Series C | $110M | — |
Top Co-Investors
Kreos Capital3 shared
Swisscom Ventures3 shared
Aster Capital3 shared
Alven3 shared
D. E. Shaw Ventures3 shared
Bessemer Venture Partners3 shared
Acton Capital3 shared
Vi Partners2 shared
Index Ventures2 shared
High-Tech Gründerfonds2 shared
March Capital2 shared
Schroders Capital2 shared
National Grid Partners2 shared
Cambridge Angels2 shared
Slaughter and May2 shared
Point72 Private Investments2 shared
Fidelity Investments2 shared
Atlantic Labs2 shared
Walden Venture Capital2 shared
Columbia Lake Partners2 shared
Last updated: 20 October 2026