Forestay Capital
Overview
Forestay Capital is an early-growth stage tech fund and part of B-FLEXION, an entrepreneurial private investment firm founded by Ernesto Bertarelli. The firm invests in visionary teams reaching growth inflection points and partner with them to create future category leaders. They support start-ups with investments between $10M and $20M in Europe, Israel and opportunistically on the East coast of the US. Forestay Capital SA is the advisor to Forestay Capital Management Ltd, based in Jersey.
Investments
| Company | Date | Stage | Lead |
|---|---|---|---|
| Nexthink | Feb 2021 | Series D | Co-investor |
| Wasabi Technologies | Sep 2022 | Series D | Co-investor |
| Scandit | Feb 2022 | Series D | Co-investor |
| Kandou AI | Sep 2019 | Series C | Co-investor |
| Reco | Sep 2026 | Series B Extension | Co-investor |
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Key People
Frederic Wohlwend
Managing Partner
Deborah Pittet
Investor
Jannat Rajan
VC and Growth Investor
Varun Doshi
VC Investor
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Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.
FAQ
Where is Forestay Capital based?
Forestay Capital is headquartered in Geneva.
When was Forestay Capital founded?
Forestay Capital was founded in 2018.
How many portfolio companies does Forestay Capital have?
Forestay Capital has 19 portfolio companies in Caplight's dataset.
What are some companies in Forestay Capital's portfolio?
Portfolio companies visible on Caplight include Nexthink, Wasabi Technologies, Scandit, Kandou AI, Reco.
What was Forestay Capital's most recent investment shown here?
Forestay Capital's most recent investment in this portfolio sample was in Reco in 2026.
What sectors does Forestay Capital focus on?
Forestay Capital focuses on AI, Data & Cloud Infrastructure, Healthcare & Life Sciences, Mobility, Transportation & Logistics, Enterprise Software, Enterprise Software, Cybersecurity, Enterprise Software, Enterprise Software, Enterprise Software, AI, Data & Cloud Infrastructure, Enterprise Software, Enterprise Software, Enterprise Software, AI, Data & Cloud Infrastructure, Enterprise Software, Enterprise Software, Mobility, Transportation & Logistics, Enterprise Software, Frontier & Industrial Tech, AI, Data & Cloud Infrastructure, AI, Data & Cloud Infrastructure, FinTech, Telecommunications & Networking, FinTech, AI, Data & Cloud Infrastructure, Frontier & Industrial Tech, AI, Data & Cloud Infrastructure, Consumer & Commerce, FinTech, Enterprise Software, AI, Data & Cloud Infrastructure, Enterprise Software, Frontier & Industrial Tech, FinTech, AI, Data & Cloud Infrastructure, Enterprise Software, AI, Data & Cloud Infrastructure, Enterprise Software.
What company stages does Forestay Capital focus on?
Forestay Capital typically invests at the Mid stage.
What is Forestay Capital's AUM?
Forestay Capital's assets under management are estimated between $250.0M and $500.0M.