# Forestay Capital: portfolio, investments and team > Forestay Capital is a vc firm based in United Kingdom. 12 investments on record, 2 in the last 12 months, latest May 2026. Source: https://millionrounds.com/fund/forestay-capital-2 (Millionrounds; every figure on the page links to its filing or article) United Kingdom · [Investor](https://millionrounds.com/investors) # Forestay Capital Last cheque observed May 2026; 12 cheques on record. Email VC firm Deploying now Seed Series A Series B Recurring Fashion Clothing Follow Forestay Capital and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fforestay-capital-2) Deploying now **100%** of best year **2** **cheques in 12 months**, 12 on record Since the last cheque **160** days **00** hrs **00** min **00** sec Median round **$38M** Cheque size, as they say **$10M – $25M** Rounds led **5 of 12** Sole investor **1 rounds** Exits **1 from the portfolio** Mostly in **Switzerland, 27%** Pitch Forestay Capital ## Forestay Capital highlights - 01 2 cheques in the last 12 months - 02 Mostly Series B and Series C: 80% of its rounds - 03 Sole investor in 1 rounds, median $15M - 04 1 exits from the portfolio ## What they do > We are a team of enterprise software investors providing growth capital to category-defining companies at their inflection point. From their own website - **Type:** VC firm (from a list, unverified) - **Cheque size:** $10M – $25M as they say - **Stages:** Seed Series A Series B - **Sectors:** Recurring Fashion Clothing - **Based in:** Geneva, United Kingdom - **Cold pitches:** Not stated ## The record Every round we can evidence, newest first **12 appearances** - **2026** 2 rounds - **May** **[Fonoa](https://millionrounds.com/company/fonoa)** Series C · IE · Ventureburn **$110M** With 8 others - **May** **[Pivot](https://millionrounds.com/company/pivot)** Series B · Ventureburn **$40M** *Led* - **2025** 2 rounds - **Mar** **[Buynomics](https://millionrounds.com/company/buynomics)** Series B · DE · Firms' own news pages **$30M** *Led* - **Feb** **[Luminance](https://millionrounds.com/company/luminance)** Series C · GB · Firms' own news pages **$75M** With 7 others - **2022** 3 rounds - **Sept** **[Scandit](https://millionrounds.com/company/scandit)** Series D · CH · Firms' own news pages **$150M** With 9 others - **May** **[MANTA](https://millionrounds.com/company/manta)** Series B · US · Firms' own news pages **$35M** *Led* - **Mar** **[Convelio](https://millionrounds.com/company/convelio)** Series B · FR · Firms' own news pages **$35M** *Led* - **2019** 3 rounds - **Sept** **[Kandou](https://millionrounds.com/company/kandou)** Series C · CH · FinSMEs **$56M** With 8 others - **Jul** **vCita** IL · En **$15M** *Led* - **May** **[icometrix](https://millionrounds.com/company/icometrix)** Series A · BE · Capricorn Partners **$18M** With 2 others - **2018** 2 rounds - **Dec** **[Nexthink](https://millionrounds.com/company/nexthink)** CH · TechCrunch **$85M** With 4 others - **Nov** **[Mobeewave](https://millionrounds.com/company/mobeewave)** Series B · CA · BetaKit **$17M** With 2 others An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor. ## What the register says From the firm's own filings with the SEC, which it must file accurately by law **2+** funds on file numbered funds in its name ## Exits from the portfolio Companies it backed that were later bought or listed **1 in all** **[Mobeewave](https://millionrounds.com/company/mobeewave)** Bought by [Apple](https://millionrounds.com/fund/apple) **$100M** Jul 2020 An exit counts when it came after the firm's first round in the company. From historical deal records. ## The cheque Seed Series A Series B Median round joined **$38M** the round, not its cheque Alone, median **$15M** Led 5 of 12 rounds **42%** - **Said size:** $10M – $25M - **Sole investor:** 1 rounds - **Last cheque:** May 2026 - **Exits:** 1 from the portfolio Rounds by stage said on their site - Series B said *5* - Series C *3* - Series A said *1* - Series D *1* - Seed said *-* Cheques by month Led Joined Dec 2023 Nov 2026 Often in the room with - [Bessemer Venture Partners](https://millionrounds.com/fund/bessemer-venture-partners) 2 - [Swisscom Ventures](https://millionrounds.com/fund/swisscom-ventures) 2 **Pitching Forestay Capital?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque. Add to your CRM *→* ## Who they invest alongside The investors most often in the same rounds as Forestay Capital. A count of rooms they were both in, not a relationship either has claimed. [**Bessemer Venture Partners** VC firm **2** rounds together](https://millionrounds.com/fund/bessemer-venture-partners)[**Swisscom Ventures** Corporate VC **2** rounds together](https://millionrounds.com/fund/swisscom-ventures) ## Recently backed The latest companies Forestay Capital put money into. [**Fonoa** $110M · May 2026](https://millionrounds.com/company/fonoa)[**Pivot** $40M · May 2026](https://millionrounds.com/company/pivot)[**Buynomics** $30M · Mar 2025](https://millionrounds.com/company/buynomics)[**Luminance** $75M · Feb 2025](https://millionrounds.com/company/luminance)[**Scandit** $150M · Sept 2022](https://millionrounds.com/company/scandit)[**MANTA** $35M · May 2022](https://millionrounds.com/company/manta) ## Quick answers about Forestay Capital ### What does Forestay Capital invest in? Forestay Capital invests most often at Series B and Series C (80% of the rounds on record), in sectors such as Recurring, Fashion and Clothing. ### How active is Forestay Capital? 12 investments on record, 2 of them in the last 12 months, and it led 5. The most recent was in May 2026. ### What has Forestay Capital invested in recently? Its most recent investments on record: Fonoa (Series C, May 2026), Pivot (Series B, May 2026) and Buynomics (Series B, Mar 2025). ### How big are Forestay Capital's cheques? The median round it joins is $38M. It says it writes cheques of $10M to $25M. ### Does Forestay Capital lead rounds? Yes: it led 5 of its 12 investments on record (42%). ### Where does Forestay Capital invest? Most of the companies it backs are in Switzerland (27%), Ireland (9%) and Germany (9%). ### Is Forestay Capital investing now? Yes: it is actively investing, with 2 investments in the last 12 months. ### Who does Forestay Capital invest alongside? Most often Bessemer Venture Partners (2 rounds together) and Swisscom Ventures (2 rounds together). ## Raising now? Find the investors who back rounds like yours, and keep every conversation on one fundraising board. Find similar investorsOpen your CRM Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=forestay-capital-2) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=forestay-capital-2)