WiseStamp
wisestamp
Series B
SMB software
Tel Aviv
https://www.wisestamp.com
Ehud Yalin-Mor
2009
17
2019
Professional email signature management for businesses.

Every email an employee sends is an unused brand and marketing channel. WiseStamp turns signatures into a centrally managed asset across the whole company.

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deborah-pittet
jonas-jeandupeux
labinot-braimi
Ehud Yalin-Mor
 ·
CEO
Reco AI
reco
Series B+
AI security
Tel Aviv
https://www.reco.ai
Ofer Klein, Gal Nakash & Tal Shapira
2020
2
2026
AI-powered SaaS and identity security posture management.
Forestay backs Reco in $50M funding round, alongside AT&T Ventures, Quadrille Capital and existing investors Insight Partners and Oren Zeev
Forestay backs Reco in $50M funding round
Reco, the AI Agent Security Platform, has raised $50M alongside AT&T Ventures, Quadrille Capital and existing investors Insight Partners and Oren Zeev to help enterprises discover, govern, and secure AI agents wherever they operate.

Reco is an AI Agent Security Platform. Built on the Reco Graph, the company helps organisations discover agents and AI-enabled tools, prioritise risk and remediate with precision across agents, identities, applications, permissions, data, and workflows. With more than 280 app integrations and 1,000 detection controls, Reco helps enterprises govern agents wherever they operate.

As AI agents become embedded across enterprise applications and workflows, organisations need visibility into which agents are active, what identities and permissions they use, and what data and systems they can access. Reco addresses this emerging security challenge with a graph-based platform that helps enterprises reduce risky access while supporting legitimate AI adoption.

Insight Partners
Zeev Ventures
Jibe Ventures
varun-doshi
labinot-braimi
jacob-emanuel-toresson
Ofer Klein
 ·
Co-founder & CEO
Fonoa
fonoa
Series C
Tax automation
London
https://www.fonoa.com
Davor Tremac & Filip Sturman
2019
3
2026
Tax automation and compliance for global digital businesses.
Forestay backs Fonoa in $110M Series C, alongside Headline, Eurazeo, Index Ventures, OMERS, Coatue, and Dawn Capital
Forestay backs Fonoa in $110M Series C
New funding marks a pivotal moment for Fonoa as it acquires PwC’s Indirect Tax Edge and raises Series C to deepen its leadership of its global AI Indirect Tax Operating System.

Fonoa is the AI-powered Tax Operating System for autonomous tax. Fonoa’s modules cover the full indirect tax lifecycle: tax ID validation, real-time tax determination, e-invoicing, and returns. Leading global companies such as Canva, Uber, Netflix, Nebius, and Booking.com all work with Fonoa to navigate complex, real-time tax requirements as they scale across markets, seeing up to 90% faster tax calculation in some cases.

Fonoa is leading the shift in tax from a series of disconnected point solutions to a unified operating system. The category has historically spanned tens of billions globally, including services now being reshaped by automation, and Fonoa is enabling businesses to manage compliance with a level of speed and intelligence that wasn’t previously possible.

Headline
Eurazeo
Index Ventures
Dawn Capital
deborah-pittet
varun-doshi
julien-van-den-rul
Davor Tremac
 ·
Co-founder & CEO
Filip Sturman
 ·
Co-founder & CTO
Ivan Ivankovic
 ·
Co-founder & COO
Pivot
pivot
Series B
Procurement
Paris
https://www.pivotapp.ai/
Romain Libeau, Marc-Antoine Lacroix & Estelle Giuly
2023
4
2026
Modern procurement and spend management for enterprises.
Forestay leads Pivot’s $40 Million Series B
Pivot has raised $40M in a Series B led by Forestay and Notion Capital, bringing total funding to $70M in three years to accelerate its agentic AI platform for procurement.

Procurement software has been slow, ugly, and unloved for two decades. Pivot rebuilt it as a consumer-grade product that finance and employees actually want to use, with AI compressing the approval and sourcing loop. Enterprise spend is one of the largest untouched surfaces for applied AI.

Notion Capital
Emblem
Visionaries Club
deborah-pittet
varun-doshi
julien-van-den-rul
Romain Libeau
 ·
Co-founder & CEO
Mobeewave
mobeewave
Series B
Payments
Montreal
Maxime de Nanclas & Sébastien Fillion
2011
25
2018
Contactless payment acceptance on any mobile device.
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Turning a phone into a payment terminal removes the last piece of hardware from commerce. Mobeewave built the software to do it securely, and the platform owners noticed. Infrastructure this fundamental rarely stays independent for long.

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deborah-pittet
No items found.
BlueBotics
bluebotics
Series B
Robotics
Lausanne
https://www.bluebotics.com
Nicola Tomatis
2001
24
2018
Autonomous navigation technology for mobile robots.
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The intelligence that lets a robot move safely through a factory is the hardest part to build. BlueBotics licensed that navigation layer to the industry. Foundational IP that others depend on is a quietly powerful place to sit.

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jonas-jeandupeux
nicolas-slotine
Nicola Tomatis
 ·
CEO
Nexthink
nexthink
Series B
Digital experience
Lausanne
https://www.nexthink.com
Pedro Bados
2004
22
2016
Digital employee experience management, at global scale.
Forestay backed Nexthink exits to Vista Equity Partners for $3B – the largest exit in Swiss tech history
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IT has always measured servers, never the human on the other end of the laptop. Nexthink instrumented the employee experience across millions of endpoints. A category created and then owned – the outcome we build toward.

Permira
Highland Europe
Index Ventures
deborah-pittet
labinot-braimi
Pedro Bados
 ·
Co-founder & CEO
Icometrix
icometrix
Series B
Medical imaging
Leuven
https://www.icometrix.com
Wim Van Hecke & Dirk Loeckx
2011
20
2019
AI imaging analysis for neurological care.
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A brain scan holds more than any radiologist can measure by eye. Icometrix quantifies it, turning images into clinical-grade markers for MS, dementia, and beyond. Regulated, data-rich AI in healthcare is slow to build and hard to displace.

No items found.
jonas-jeandupeux
nicolas-slotine
No items found.
Fornova
fornova
Series C
Travel intelligence
London
https://www.fornova.com
Michael Rubanovich & Dmitry Babitsky
2011
19
2017
Commerce and distribution intelligence for travel & hospitality.

Hotels sell the same room through dozens of channels at prices they can barely see. Fornova gives them a single view of demand, rate, and distribution. Category-defining data in a fragmented vertical is exactly where focus pays off.

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deborah-pittet
jonas-jeandupeux
Michael Rubanovich
 ·
Founder & CEO
Dmitry Babitsky
 ·
Co-founder & Chief Scientist
vCita
vcita
Series B
SMB software
Tel Aviv
https://www.vcita.com
Itzik Levy
2010
16
2019
All-in-one business management software for small businesses.

The smallest businesses are the least served by software and the most numerous. vcita bundles scheduling, payments, and marketing into one system a solo operator can run. AI turns that suite into an operator that works while the owner sleeps.

No items found.
deborah-pittet
jonas-jeandupeux
labinot-braimi
Itzik Levy
 ·
Founder & CEO
Kandou
kandou
Series C
Semiconductors
Lausanne
https://www.kandou.ai/
Amin Shokrollahi
2011
15
2019
High-speed chip-to-chip interconnect semiconductors.
Forestay backed Kandou closes $225M Series A backed by Maverick Silicon, Softbank, Synopsis, Cadence, and Alchip

AI’s appetite for compute is bottlenecked by how fast chips can talk to each other. Kandou’s interconnect moves more data with less power at the physical layer. Deep-tech IP that sits on the critical path of the AI build-out is rare and defensible.

Bessemer Venture Partners
SoftBank
labinot-braimi
Amin Shokrollahi
 ·
Founder & CEO
K2View
k2view
Series A
Data platform
Dallas
https://www.k2view.com
Achi Rotem
2009
12
2020
Data product platform for real-time enterprise data.

Enterprise data is scattered across systems that were never meant to talk. K2view organises it around the business entity – the customer, the order – and serves it in real time. The plumbing beneath every AI initiative is a market that only grows.

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deborah-pittet
jonas-jeandupeux
julien-van-den-rul
Achi Rotem
 ·
Co-founder & CEO
Rafi Cohen
 ·
Co-founder & COO
Howspace
howspace
Series A
Collaboration
Helsinki
https://www.howspace.com
Ilkka Mäkitalo & Olli-Pekka Juoperi
2013
11
2021
AI-enabled platform for large-scale collaboration and facilitation.

Getting a thousand people to think together usually collapses into noise. Howspace uses AI to synthesise, cluster, and steer large-group dialogue in real time. Software that makes human coordination legible is quietly one of the biggest enterprise categories.

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deborah-pittet
jonas-jeandupeux
jannat-rajan
jacob-emanuel-toresson
Ilkka Mäkitalo
 ·
Co-founder & CEO
Stratio
stratio
Series A
Predictive maintenance
Lisbon
https://www.stratioautomotive.com
Ricardo Margalho & Rui Sales
2017
10
2021
Predictive maintenance for commercial vehicle fleets.

A broken-down bus or truck is a data event that could have been predicted. Stratio reads the vehicle in real time and calls the failure before it happens. Sensor data at fleet scale is a compounding advantage no incumbent can copy overnight.

No items found.
deborah-pittet
jonas-jeandupeux
Ricardo Margalho
 ·
Co-founder & CEO
Scandit
scandit
Series C
Computer vision
Zurich
https://www.scandit.com
Samuel Müller, Christian Floerkemeier & Christof Roduner
2009
13
2020
Smart data capture and barcode scanning via computer vision.
Scandit raises $150m in Series D; Reaches Unicorn valuation
Scandit raises $150M Series D
Scandit, the global leader in smart data capture in which Forestay first invested in 2020, has today announced the close of a $150m Series D round.

Every parcel, shelf, and asset is a data point waiting to be read by the camera already in someone’s hand. Scandit turns any device into an enterprise-grade scanner. Computer vision embedded in the physical operations of retail and logistics is applied AI at scale.

Warburg Pincus
Atomico
GV
G2VP
labinot-braimi
Samuel Müller
 ·
Co-founder & CEO
Zenjob
zenjob
Series C
Staffing
Berlin
https://www.zenjob.com
Fritz Trott, Cihan Aksakal & Frederik Fahning
2015
14
2020
Digital staffing platform for flexible work.
Forestay backs Zenjob in $50m growth round
Today’s new workforce will expect fast and flexible jobs, at their finger-tips. To fulfil this mission, Zenjob, the digital staffing marketplace that provides temporary work to workers and employees to companies, has raised $50 million in a growth financing round.

Matching shift work to willing workers is a logistics problem dressed as an HR one. Zenjob automates the entire loop – sourcing, scheduling, payroll – into a few taps. Marketplaces with a real software spine defend themselves.

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deborah-pittet
jonas-jeandupeux
Fritz Trott
 ·
Co-founder & CEO
Convelio
convelio
Series B
Logistics
Paris
https://www.convelio.com
Edouard Gouin & Clément Ouizille
2017
9
2022
Tech-enabled logistics for fine art and high-value goods.

Shipping a painting or a sculpture is a bespoke, high-stakes operation run on spreadsheets and phone calls. Convelio built the pricing and operating layer that makes it instant and insurable. Vertical software that owns a hard physical workflow is a durable position.

No items found.
deborah-pittet
jannat-rajan
julien-van-den-rul
nicolas-slotine
Edouard Gouin
 ·
Co-founder & CEO
Manta
manta
Series B
Data lineage
Boston
https://www.manta.io
Tomáš Kratký
2016
23
2022
Automated data lineage for complex data environments.
Forestay leads Manta’s $35M Series B
MANTA, the data lineage platform, today announced it has raised $35 million in Series B funding.
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When a number is wrong, the hardest question is where it came from. Manta mapped data lineage automatically across the tangle of enterprise systems. Governance infrastructure becomes non-negotiable the moment AI touches production data.

No items found.
labinot-braimi
julien-van-den-rul
No items found.
Wasabi
wasabi
Series A
Cloud storage
Boston
https://www.wasabi.com
David Friend & Jeff Flowers
2015
18
2018
High-performance, low-cost cloud object storage.
Wasabi reaches unicorn valuation with $250M Series D
The new funding will be used to usher in the future of Cloud Storage. Forestay first partnered with Wasabi in 2018 at Series B.

AI runs on data, and data has to live somewhere affordable. Wasabi undercut the hyperscalers on object storage without the egress penalties. Infrastructure priced to win volume is a structural advantage in a market that only expands.

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labinot-braimi
David Friend
 ·
Co-founder & CEO
Veriti
veriti
Series A
AI security
Tel Aviv
https://www.veriti.ai
Adi Ikan & Oren Koren
2021
21
2023
Unified security posture management and remediation.
Forestay leads Veriti’s $10M Series A extension round
This new fundraise comes eight months after the company emerged from stealth and closed its $12M Series A, led by Insight Partners.
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Security teams drown in tools that each see a slice of the risk. Veriti unified posture and safe remediation across the stack. Consolidation plays in security, done with real data, compound into platforms.

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deborah-pittet
labinot-braimi
No items found.
Luminance
luminance
Series C
Legal AI
Cambridge, UK
https://www.luminance.com
Eleanor Lightbody
2015
7
2025
Legal-grade AI for contract analysis and negotiation.
Forestay backs Luminance in $75M Series C
Luminance has successfully closed an oversubscribed funding round led by Point72 Ventures to accelerate the market expansion of its legal-grade AI solutions.

Contracts are where every enterprise obligation lives, and reading them is still done line by line. Luminance built legal-grade models that surface, negotiate, and redline at a lawyer’s standard. Deep domain data plus a specialised model is the pattern we keep returning to.

Point72 Ventures
March Capital
varun-doshi
jannat-rajan
julien-van-den-rul
Eleanor Lightbody
 ·
CEO
Buynomics
buynomics
Series B
Pricing
Cologne
https://www.buynomics.com
Sebastian Baier & Ingo Reinhardt
2018
6
2025
Pricing and product decisions via virtual-customer simulation.
Forestay leads Buynomics’ $30M Series B to transform commercial decision-making with AI
Forestay leads Buynomics’ $30M Series B
New funding marks a pivotal moment for Buynomics as it accelerates its expansion in the US and further enhances its pioneering Virtual Shoppers AI Technology.

Pricing is the highest-leverage decision a company makes and the least instrumented. Buynomics simulates millions of virtual customers to answer what a change actually does before it ships. It replaces gut feel with a repeatable model – the kind of workflow AI was built to own.

Insight Partners
Seedcamp
jonas-jeandupeux
julien-van-den-rul
Ingo Reinhardt
 ·
Co-founder & CEO
Neural Concept
neural-concept
Series B
Engineering AI
Lausanne
https://www.neuralconcept.com
Pierre Baqué
2018
8
2024
Deep-learning engineering intelligence for product design.
Forestay doubles down on Neural Concept in $100M Series C
Neural Concept has successfully closed a $100M Series C led by Goldman Sachs to deliver transformative technologies and enterprise-wide AI impact across advanced industrial workflows.

Physical products are still designed in slow simulation loops that take days per iteration. Neural Concept learns the physics and returns answers in seconds, collapsing the engineering cycle for cars, aircraft, and hardware. Applied AI at the core of how things get built.

Goldman Sachs
Alven
deborah-pittet
varun-doshi
jonas-jeandupeux
Pierre Baqué
 ·
Founder & CEO
Datavations
datavations
Series A
Retail data
New York
https://www.datavations.com
Philip Odelfelt & Jacob Lucas
2019
5
2025
Data and analytics for retail and consumer brands.
Forestay leads Datavations’ $17M Series A
New funding round enables New York-based Datavations to accelerate growth across all fronts by scaling its team and advancing its Data & AI capabilities.

Consumer brands fly blind between the shelf and the checkout. Datavations assembles the missing data layer – pricing, assortment, and share – and makes it decision-ready. Proprietary data feeds that improve with scale are the moats we look for.

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labinot-braimi
julien-van-den-rul
Philip Odelfelt
 ·
Co-founder & CEO