Foreword

Foreword Ventures is an early-stage venture capital firm established in 2021 and located in San Francisco, California. The firm focuses on supporting startups during their initial phases, primarily investing in pre-seed and seed stages, but also participating in Series A rounds when there is an established relationship with the founders or co-investors. Foreword targets companies in various sectors, including business-to-business (B2B), fintech, cryptocurrency, enterprise software, artificial intelligence, marketplaces, and consumer goods, across the United States and Europe. Beyond financial investments, Foreword is committed to enhancing the success of its portfolio companies by leveraging its time, reputation, and resources.

Declan Kelly

Founder and Investor

24 past transactions

Isembard

Seed Round in 2025
Isembard is a technology company specializing in modular manufacturing units for high-precision metal and composite parts. Leveraging advanced multi-axis tooling, robotics, and software, the company delivers durable machined components swiftly, enabling sustainable manufacturing for the aerospace and maritime sectors. Its team brings diverse experience from the military, government, large enterprises, and a successful technology exit.

Handly

Seed Round in 2025
Handly is a company that provides a comprehensive digital platform designed to support entrepreneurs in launching, managing, and growing home service businesses. Its business-in-a-box solution streamlines operations by offering tools for appointment bookings, scheduling, invoicing, and payment processing, all integrated into a single application. Handly's platform enhances efficiency by automating daily tasks and providing real-time updates and customer notifications, allowing users to access vital customer data from any location. This approach significantly reduces the time to market for new business ventures, empowering entrepreneurs to focus on scaling their revenue.

Zero

Pre Seed Round in 2024
Zero is a technology company that specializes in AI-powered Customer Relationship Management (CRM) and sales automation. Its platform unifies customer data and leverages AI agents to monitor and update buying signals, enabling businesses to streamline lead generation, enhance customer insights, and improve sales efficiency.

Desia

Pre Seed Round in 2024
Desia is a technology company specializing in advanced AI applications for the financial services industry. It offers an AI-driven financial insights platform that automates data analysis, providing key insights relevant to companies, markets, and potential investments. This platform enhances workflows, enabling financial institutions and professionals to focus on strategic decision-making and drive growth.

Starcloud

Pre Seed Round in 2024
Starcloud is focused on developing megawatt-scale data centers in space, with plans for scalable expansion to gigawatt capacity. The company designs power and cooling systems that leverage reduced launch costs to capitalize on the abundant energy and passive cooling available in the space environment. By providing high-speed connectivity, Starcloud aims to create cost-competitive, sustainable, and rapidly scalable data centers that support critical infrastructure needs for the future.

Delphi

Seed Round in 2023
Delphi is a digital cloning platform that specializes in capturing individual insights, knowledge, experiences, and personality traits. By leveraging this technology, Delphi enables users to access personalized learning and development resources tailored to their specific needs. The platform facilitates the sharing of unique perspectives and advice from individuals with expertise in various fields, effectively making valuable insights more accessible to a broader audience. Through its innovative approach, Delphi aims to enhance the personalization of knowledge transfer, allowing users to benefit from the diverse experiences available online.

Bits Technology

Seed Round in 2023
Bits Technology specializes in developing automation software aimed at simplifying and democratizing financial technology services. The company's platform orchestrates and automates the management of infrastructure providers for other fintech companies, offering a low-code experience. This software connects various data sources and streamlines workflows for financial tech services, allowing clients to deploy new products across multiple markets efficiently. By enabling quick creation of dynamic onboarding workflows, Bits Technology helps its clients focus on achieving significant customer outcomes.

Graneet

Series A in 2023
Graneet is a developer of a management platform focused on providing commercial management support for small and medium-sized enterprises (SMEs) in the construction industry. The platform enables users to access key performance indicators in real-time, facilitating improved decision-making and operational efficiency. By automating financial and administrative monitoring of projects, Graneet helps clients enhance their margin rates and streamline their workflows. Additionally, the platform assists users in automating tasks related to processing business opportunities, invoicing, and payment management, thereby reducing errors and increasing productivity.

Trace.Space

Pre Seed Round in 2023
Trace.Space is an AI-enhanced requirements management tool designed to streamline the product development process for engineers in sectors such as automotive, industrial, aerospace, and defense. The platform features a user-friendly interface that supports robust traceability, time-based and custom versioning, and item-level attributes, allowing for flexibility in adapting to various workflows. By leveraging AI-powered tools, Trace.Space enables clients to manage critical aspects of their development cycle more effectively, resulting in improved productivity, accelerated development timelines, and enhanced product quality. The company focuses on delivering solutions that empower engineers to build and launch new products to market more rapidly.

Loctax

Series A in 2022
Loctax is a pioneering platform designed specifically for global in-house tax teams, focusing on collaborative tax compliance, risk management, and governance. It provides a centralized solution that enhances control over various tax responsibilities, including compliance, audits, and transfer pricing. By streamlining the management of tax-related data and simplifying the complexities associated with international tax regulations, Loctax empowers tax teams and stakeholders to work together effectively on global tax projects. The platform facilitates improved transparency and decision-making, ultimately helping organizations navigate the evolving landscape of corporate social responsibility and environmental, social, and governance (ESG) considerations.

Bits Technology

Pre Seed Round in 2022
Bits Technology specializes in developing automation software aimed at simplifying and democratizing financial technology services. The company's platform orchestrates and automates the management of infrastructure providers for other fintech companies, offering a low-code experience. This software connects various data sources and streamlines workflows for financial tech services, allowing clients to deploy new products across multiple markets efficiently. By enabling quick creation of dynamic onboarding workflows, Bits Technology helps its clients focus on achieving significant customer outcomes.

Figures

Seed Round in 2022
Figures is a company that specializes in real-time compensation intelligence for the startup and scale-up market, particularly focusing on European venture-backed companies. It offers a comprehensive compensation database platform that provides reliable and high-quality data. The platform features a unique compensation and gender diversity tool that aggregates salary information and allows users to compare compensation levels by job title and seniority. Clients can filter this data based on factors such as company headcount and funding, significantly streamlining the data analysis process. Figures aims to empower companies with the insights needed to make informed compensation decisions in an evolving market.

Shypyard

Seed Round in 2022
Shypyard is a Boston-based Shopify development company founded by former software engineers and Shopify merchants. The company focuses on helping merchants realize their visions by delivering customized system integrations that support various business models and operational processes. Additionally, Shypyard operates a digital marketing platform that emphasizes modern business planning for brands. Utilizing advanced analytics and intelligence, the platform consolidates sales and inventory data across multiple channels and third-party sources. It also offers pre-built automation templates for streamlining tasks, thereby empowering omnichannel brands to foster growth and navigate economic uncertainties effectively.

X1

Series B in 2022
X1 is a financial services company that offers an innovative credit card designed to enhance the shopping experience. The X1 Card is crafted from stainless steel and features advanced technology that allows for smart credit limits and an attractive rewards program. Cardholders can earn points for every purchase, which can be redeemed for various benefits. The card is backed by Visa Signature, giving users access to over 46 million merchants globally. Co-founded by former Twitter employees Deepak Rao and Siddharth Batra, X1 has attracted notable investors, including PayPal co-founder Max Levchin and others with significant experience in technology and finance. Through its unique offerings, X1 aims to transform traditional credit card usage and improve the way consumers shop and spend.

Orus

Seed Round in 2022
Orus is a company that specializes in providing simple and transparent insurance coverage tailored specifically for small and medium-sized businesses (SMBs) in Europe. Its online platform is designed to deliver an efficient user experience, allowing businesses to easily modify their insurance policies with complete transparency. Orus aims to offer affordable insurance solutions that protect various aspects of SMBs, including their premises, contents, and civil liability. By focusing on the unique needs of these businesses, Orus enables them to concentrate on their core operations without the added stress of complicated insurance processes.

Alloy

Pre Seed Round in 2022
Alloy operates a financial platform designed to equip sophisticated investors with the necessary infrastructure to engage with decentralized finance. The platform features an intuitive client-facing interface, akin to a brokerage trading platform, and offers an API solution for seamless integration into existing systems. By combining trading, risk management, and investment operations, Alloy enables investors to access regulated custody and bank-level security for their assets. This infrastructure facilitates exposure to digital assets while maintaining robust private key storage, ensuring that clients can navigate the complexities of decentralized finance effectively.

Outverse

Pre Seed Round in 2022
Outverse is a technology company that specializes in AI-driven customer support solutions. Its primary product is an AI agent designed to deflect up to 80% of complex customer queries, handling the remaining tickets more efficiently than traditional methods. The platform leverages advanced AI capabilities to tackle even the most challenging support issues, thereby reducing response times and improving overall customer satisfaction.

Twain

Pre Seed Round in 2022
Twain is a software product company focused on enhancing communication for sales teams through its artificial intelligence-powered outreach assistant. The company's technology is designed to improve the conversion rates of outreach messages by providing sales executives with actionable recommendations. Users can input their outreach messages into a proprietary editor, which analyzes the content and offers concise suggestions based on best practices. This enables clients to craft clear and persuasive messages that are more likely to elicit responses, ultimately streamlining the sales process and improving overall effectiveness in outreach efforts.

Werk

Pre Seed Round in 2022
Werk is building a global blue-collar migration hub for skilled construction workers - jobs, relocation, community. Our community connects migrants across Europe and Asia and gives them a tool for supporting and upskilling each other.

LottieLab

Seed Round in 2022
LottieLab is a modern motion design tool designed for web use, specializing in the creation, management, and export of animations. It natively supports Lottie files, which are a widely recognized standard for vector animations, allowing users to implement small, efficient animations on websites and applications. The tool caters to a wide range of functions, including the editing of After Effects files, Illustrator content, and the facilitation of micro-interactions, all without the need for a dedicated designer. This enables technical teams to enhance user experiences through interactive animations, streamlining the digital design process and making it more accessible.

Speckle

Seed Round in 2022
Speckle is a company that provides a collaborative data hub tailored for the Architecture, Engineering, and Construction (AEC) sectors. It focuses on creating an open ecosystem that addresses the challenges of fragmentation within the industry. By offering a cloud-based platform, Speckle enables users to automate design, engineering, and construction processes. Its infrastructure includes a default set of connectors that facilitate the curation of design data and the integration of multiple data streams, allowing for advanced querying. The platform supports interoperability between different software applications, enhances real-time collaboration, and simplifies data management and versioning. This empowers clients to effectively coordinate their projects and gain valuable insights into their data footprint.

Rollee

Seed Round in 2022
Rollee is a developer of a secure platform that focuses on the verification of employment data in Europe. The company offers a range of services, including profile verification, claim verification, activity monitoring, and fleet management. By facilitating access to reliable data sourced from payroll, Rollee enables businesses to automate their verification processes, improving efficiency and accuracy.

Tactic

Seed Round in 2022
Tactic is a company that specializes in data automation, offering a platform designed to streamline and enhance the research process. By automating manual workflows related to data, insights, and research, Tactic enables clients to conduct multiple searches across various sources efficiently. The platform utilizes keywords to replace the repetitive tasks of searching, reading, and compiling information from the internet and internal data, which helps users access actionable insights quickly. This approach allows clients to make more informed and timely decisions by providing them with comprehensive information in a streamlined format.

GDevelop

Seed Round in 2021
GDevelop is an open-source game creation platform that enables users to develop games efficiently and intuitively. Designed for a broad audience, the software offers a range of features, including player management, leaderboards, and a comprehensive animation system. Its tools also include visual effects, a platformer engine, and a performance profiler, which facilitate the creation and editing of various types of games. GDevelop aims to simplify the game development process, making it accessible for both casual creators and those looking to produce more ambitious projects. This user-friendly approach distinguishes GDevelop from traditional game engines, allowing individuals to focus on creativity without extensive programming knowledge.
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