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 deals in the last 12 months vs 2 prior). Average disclosed round size is $74.1M (across 15 rounds with reported amounts).
Portfolio
14
Fund Size
$220M
Top Stage
Series B
Last 12 Mo
1
Team
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
17 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Neural Concept | Series C | $100M | Dec 2025 |
 Buynomics | Series B | — | Mar 2025 |
 Luminance | Series C | — | Feb 2025 |
| NNeural Concept SA | Series C | $100M | Jan 2025 |
 Wasabi | Series D | $250M | Sep 2022 |
 MANTA | Series B | $35M | May 2022 |
 Scandit | Series D | $150M | Feb 2022 |
| SScandit AG | Series D | $150M | Feb 2022 |
 Zenjob | Series C | $30M | May 2020 |
 vcita | Unknown | $15M | Jul 2019 |
 Icometrix | Unknown | $18M | May 2019 |
 Nexthink | Growth | $85M | Dec 2018 |
| Wasabi | Series B | $68M | Sep 2018 |
 Fornova | Series B | $17M | May 2017 |
| Neural Concept | Series B | $27M | — |
 Datavations | Series A | $17M | — |
| Zenjob | Growth | $50M | — |
Top Co-Investors
Aster Capital3 shared
Alven3 shared
D. E. Shaw Ventures3 shared
Kreos Capital2 shared
Sony Innovation Fund by IGV2 shared
GV2 shared
NGP Capital2 shared
Atomico2 shared
Swisscom Ventures2 shared
Warburg Pincus LLC2 shared
High-Tech Gründerfonds2 shared
Acton Capital2 shared
Atlantic Labs2 shared
Highland Europe1 shared
Index Ventures1 shared
G2 Venture Partners1 shared
SE Ventures1 shared
March Capital1 shared
Schroders Capital1 shared
Last updated: 8 September 2026