Forestay Capital

Forestay Capital is a venture capital firm focused on investing in the technology sector, particularly in Europe, Israel, and the East Coast of the United States. Established in 2017 and headquartered in Geneva, Switzerland, it aims to support innovative companies that leverage software and data to transform traditional business models. The firm seeks investment opportunities in revenue-generating technology companies, with a preference for sectors such as artificial intelligence, machine learning, data infrastructure, cybersecurity, productivity, and automation. Through its investments, Forestay Capital strives to help businesses achieve their growth ambitions by embracing forward-looking technologies.

Labinot Brahimi

Vice President

Marieke Christmann

Senior Principal

David Ephrati

Associate

Jonas Jeandupeux

Vice President

Deborah Mot

Senior Principal

Steven Neftel

Principal

Deborah Pittet

Senior Principal

Jannat Rajan

Senior Associate

Julien van den Rul

Senior Associate

Ndiawar Sar

COO

Nicolas Slotine

Senior Associate

Frederic Wohlwend

Founding Managing Partner

22 past transactions

Wasabi

Series D in 2022
Wasabi Technologies, Inc. is a cloud storage provider that offers a fast and cost-effective platform for hybrid and multi-cloud media workflows. The company specializes in hot storage solutions compatible with Amazon S3, delivering average time-to-first-byte speeds of less than 15 milliseconds and ensuring data integrity with active checking. Wasabi's services support a variety of applications, including archiving, backup and recovery, content delivery, and data analytics, catering to sectors such as media and entertainment, education, healthcare, and law enforcement. The company provides a free trial capped at 1 TB of storage and offers flexible pricing options, ensuring that organizations can access secure and reliable data storage without complex pricing structures or unpredictable fees. Founded in 2016 and headquartered in Boston, Massachusetts, Wasabi was previously known as BlueArchive, Inc. before rebranding in 2017.

Manta

Series B in 2022
Manta Software, Inc. specializes in metadata management solutions that provide organizations with clear insights into their data flows. Founded in 2015, the company is headquartered in New York, with an additional office in Prague, Czech Republic. Manta's platform enhances data governance through lineage capabilities, enabling users to understand and visualize the journey of data across their systems. This self-service platform facilitates digital transformation by delivering actionable intelligence that accelerates development, shortens time-to-market, and modernizes processes. Furthermore, it supports data quality and security, making it an essential tool for organizations aiming to improve IT transparency and streamline operations.

Zenjob

Series D in 2022
Zenjob GmbH, founded in 2015 and based in Berlin, Germany, operates an online recruitment platform focused on connecting temporary workers with part-time job opportunities across various sectors, including hospitality, retail, and gastronomy. The company has developed a mobile application that streamlines the job search and recruitment process, allowing users to receive real-time job offers directly on their smartphones. Job seekers can apply online, undergo personal interviews, and, upon successful placement, receive compensation after completing two weeks of service. Zenjob partners with numerous businesses, including those in the catering and hotel industries, to address their short-term staffing needs effectively. The platform emphasizes customer feedback and regularly surveys clients to maintain high service standards. Fluency in German may be required for certain positions, as specified in job descriptions.

Scandit

Series D in 2022
Scandit AG, established in 2009 and headquartered in Zurich, Switzerland, specializes in mobile computer vision and augmented reality solutions, focusing on barcode scanning software. Its offerings include the Scandit Keyboard Wedge, which enables enterprise-grade barcode scanning on mobile devices, and the Barcode Scanner SDK, which allows for barcode scanning integration in web applications. The MatrixScan technology enhances the speed of barcode and text recognition, making it valuable for industries such as retail, logistics, manufacturing, healthcare, and government. Scandit's solutions are designed to improve operational efficiency by enabling mobile shopping, self-checkout, inventory management, and asset tracking, while also facilitating patient and medication tracking in healthcare settings. The company serves a diverse clientele, including well-known organizations like 7-Eleven, Carrefour, and Toyota, among others, and has additional offices in San Francisco, Boston, London, and Warsaw.

Stratio

Series A in 2021
Stratio Automotive operates an advanced artificial intelligence and automotive engineering platform focused on enhancing vehicle reliability and performance. By utilizing sophisticated AI algorithms, the company analyzes real-time data from various vehicle sensors to facilitate early fault detection and provide insights into vehicle health. This technology supports engineering teams in identifying and predicting potential issues, thereby streamlining root cause analysis. Stratio also offers Stratio.DataBox, a specialized tool for collecting and transmitting high-density vehicle data in real-time. Headquartered in Chatham, United Kingdom, with additional offices in Mountain View, California; Madrid, Spain; and Coimbra, Portugal, Stratio Automotive aims to minimize transportation disruptions and ensure timely deliveries by enabling zero downtime in vehicle operations.

Howspace

Series A in 2021
Howspace Oy is a Finnish company that offers a digital facilitation platform aimed at enhancing organizational development initiatives. Founded in 2007 and based in Jyväskylä, Howspace enables consultants and organizational development professionals to implement effective change programs, learning activities, and workshops. The platform is designed to be adaptable, allowing users to create customized workspaces that align with their established processes. Features include the ability to manage participant access, modify workspace appearances, rearrange content, and add new elements as needed. By leveraging technology, Howspace supports virtual, in-person, and hybrid workshops, fostering productivity and peer-to-peer learning within organizations.

Kandou

Series C in 2020
Kandou Bus SA is a company that specializes in designing high-speed, energy-efficient chip-to-chip links and associated technologies. Founded in 2011 and based in Lausanne, Switzerland, Kandou has developed a unique approach to serial link design that enhances data transfer speeds while minimizing power consumption. Their technology is utilized across various electronic devices, including DRAM, graphics cards, server backplanes, mobile devices, and game consoles, effectively increasing data throughput and extending battery life. Additionally, Kandou's solutions address the growing demand for bandwidth in applications such as routers and FPGAs, where they improve performance while reducing pin counts and overall energy usage. The company operates with a team of skilled scientists and engineers across Switzerland, the UK, and the US, focusing on advancing the capabilities of serial links to support innovative electronic designs.

K2View

Venture Round in 2020
K2View LLC is a data management company that specializes in distributed data solutions. Founded in 2009 and headquartered in Dallas, Texas, with additional offices in Israel, the Netherlands, Germany, and Georgia, K2View offers a range of products designed to enhance data accessibility and integration. Its flagship product, K2View Fabric, utilizes micro-database technology to provide secure and efficient access to organizational data, facilitating a comprehensive view of critical information. The company also provides Advanced Data Integration (ADI) for seamless data extraction, transformation, and loading, as well as Test Data Management (TDM) for integrating various data sources, including big data warehouses and cloud applications. K2View's innovative approach aims to improve data management processes while minimizing disruption to existing systems.

Scandit

Series C in 2020
Scandit AG, established in 2009 and headquartered in Zurich, Switzerland, specializes in mobile computer vision and augmented reality solutions, focusing on barcode scanning software. Its offerings include the Scandit Keyboard Wedge, which enables enterprise-grade barcode scanning on mobile devices, and the Barcode Scanner SDK, which allows for barcode scanning integration in web applications. The MatrixScan technology enhances the speed of barcode and text recognition, making it valuable for industries such as retail, logistics, manufacturing, healthcare, and government. Scandit's solutions are designed to improve operational efficiency by enabling mobile shopping, self-checkout, inventory management, and asset tracking, while also facilitating patient and medication tracking in healthcare settings. The company serves a diverse clientele, including well-known organizations like 7-Eleven, Carrefour, and Toyota, among others, and has additional offices in San Francisco, Boston, London, and Warsaw.

Wasabi

Series B in 2020
Wasabi Technologies, Inc. is a cloud storage provider that offers a fast and cost-effective platform for hybrid and multi-cloud media workflows. The company specializes in hot storage solutions compatible with Amazon S3, delivering average time-to-first-byte speeds of less than 15 milliseconds and ensuring data integrity with active checking. Wasabi's services support a variety of applications, including archiving, backup and recovery, content delivery, and data analytics, catering to sectors such as media and entertainment, education, healthcare, and law enforcement. The company provides a free trial capped at 1 TB of storage and offers flexible pricing options, ensuring that organizations can access secure and reliable data storage without complex pricing structures or unpredictable fees. Founded in 2016 and headquartered in Boston, Massachusetts, Wasabi was previously known as BlueArchive, Inc. before rebranding in 2017.

Zenjob

Series C in 2020
Zenjob GmbH, founded in 2015 and based in Berlin, Germany, operates an online recruitment platform focused on connecting temporary workers with part-time job opportunities across various sectors, including hospitality, retail, and gastronomy. The company has developed a mobile application that streamlines the job search and recruitment process, allowing users to receive real-time job offers directly on their smartphones. Job seekers can apply online, undergo personal interviews, and, upon successful placement, receive compensation after completing two weeks of service. Zenjob partners with numerous businesses, including those in the catering and hotel industries, to address their short-term staffing needs effectively. The platform emphasizes customer feedback and regularly surveys clients to maintain high service standards. Fluency in German may be required for certain positions, as specified in job descriptions.

Wasabi

Venture Round in 2020
Wasabi Technologies, Inc. is a cloud storage provider that offers a fast and cost-effective platform for hybrid and multi-cloud media workflows. The company specializes in hot storage solutions compatible with Amazon S3, delivering average time-to-first-byte speeds of less than 15 milliseconds and ensuring data integrity with active checking. Wasabi's services support a variety of applications, including archiving, backup and recovery, content delivery, and data analytics, catering to sectors such as media and entertainment, education, healthcare, and law enforcement. The company provides a free trial capped at 1 TB of storage and offers flexible pricing options, ensuring that organizations can access secure and reliable data storage without complex pricing structures or unpredictable fees. Founded in 2016 and headquartered in Boston, Massachusetts, Wasabi was previously known as BlueArchive, Inc. before rebranding in 2017.

Kandou

Series C in 2019
Kandou Bus SA is a company that specializes in designing high-speed, energy-efficient chip-to-chip links and associated technologies. Founded in 2011 and based in Lausanne, Switzerland, Kandou has developed a unique approach to serial link design that enhances data transfer speeds while minimizing power consumption. Their technology is utilized across various electronic devices, including DRAM, graphics cards, server backplanes, mobile devices, and game consoles, effectively increasing data throughput and extending battery life. Additionally, Kandou's solutions address the growing demand for bandwidth in applications such as routers and FPGAs, where they improve performance while reducing pin counts and overall energy usage. The company operates with a team of skilled scientists and engineers across Switzerland, the UK, and the US, focusing on advancing the capabilities of serial links to support innovative electronic designs.

Fornova

Series C in 2019
Fornova UK Limited specializes in online data scanning and distribution technology for the travel and retail sectors. Established in 2011 and headquartered in London, the company operates additional offices in New York, Amsterdam, and Israel. Fornova's solutions enable hotels to optimize revenue, enhance distribution, and improve forecasting while reducing costs. The firm utilizes its patented VisualScan technology to monitor over 75,000 websites and perform more than 1.25 billion price comparisons monthly, generating valuable market intelligence. It serves a diverse clientele, including major hotel chains, airlines, online travel agencies, and independent hotels, facilitating demand-based marketing campaigns through automated processes. Fornova aims to transform data into actionable insights, allowing organizations within the hospitality sector to make informed decisions collaboratively.

vCita

Venture Round in 2019
vCita, Inc. is a company that specializes in developing a business management and client engagement application aimed at small service-oriented businesses. Founded in 2010 and headquartered in Bellevue, Washington, vCita provides a comprehensive suite of tools that includes online scheduling, payment processing, billing and invoicing, client relationship management, and email marketing. The platform is designed to enhance client interactions by enabling businesses to manage appointments, collect payments, and communicate effectively through various channels such as web, mobile, and social media. Additionally, vCita offers features for lead generation, including customizable website widgets, which empower clients to engage with businesses autonomously. Through its innovative solutions, vCita aims to facilitate business growth and improve customer service for entrepreneurs.

icometrix

Series A in 2019
Icometrix is a company based in Leuven, Belgium, specializing in the development of automated MRI biomarkers for neurological disorders. Founded in 2011 as a spin-off from the universities and university hospitals of Leuven and Antwerp, the company provides standardized measurements of brain MRI scans to enhance personalized care for patients with conditions such as multiple sclerosis, dementia, and traumatic brain injury. Its key products include icobrain ms, which tracks disease progression in multiple sclerosis patients; cobrain dm, which quantifies brain structures in dementia patients; and icobrain tbi, which monitors axonal injuries in head trauma cases. Icometrix has gained international recognition for its solutions, which are widely used in clinical practice and research, including clinical trials for new drug development. The company is ISO certified for quality management and information security, and its software-as-a-service platform enables efficient processing of large volumes of brain imaging data, contributing to advancements in the understanding and treatment of neurological disorders.

Nexthink

Series C in 2018
Nexthink S.A. is a leader in end-user experience management, focusing on enhancing digital workplaces through real-time analytics and employee feedback. The company provides a comprehensive platform that transforms endpoint data into actionable insights, enabling organizations to identify, diagnose, and resolve issues effectively. Its offerings include solutions for incident and problem management, change management, and a Digital Experience Score that combines quantitative data and user input to assess and enhance the digital workplace experience. Nexthink serves a diverse range of sectors, including education, finance, healthcare, and manufacturing, catering to Global 5000 organizations both in Switzerland and internationally. Established in 2004 and headquartered in Prilly, Switzerland, Nexthink operates across the United States, Europe, the Middle East, and Asia Pacific.

Mobeewave

Series B in 2018
Mobeewave Inc. is a Canadian company that has developed a mobile point of sale platform allowing merchants to accept contactless payments using NFC-enabled mobile devices. Founded in 2011 and headquartered in Montréal, Mobeewave's technology enables smartphones to function as mobile payment terminals, facilitating secure transactions without the need for external hardware. The platform serves a variety of clients, including merchant acquirers, software vendors, and transit authorities, and supports a range of cashless payment options. Mobeewave promotes a seamless payment experience, allowing users to engage in consumer-to-consumer transactions in a secure environment. The company has established a strategic partnership with Samsung Electronics and, as of August 2020, operates as a subsidiary of Apple Inc.

BlueBotics

Series B in 2018
BlueBotics SA is a Swiss company based in Saint-Sulpice, founded in 2001 as a spin-off from the Autonomous Systems Lab at EPFL. It specializes in designing and manufacturing automated guided vehicles (AGVs) and mobile robots, focusing on autonomous navigation technologies. The company serves various industries, including logistics, automotive, healthcare, and airport operations. BlueBotics develops its Autonomous Navigation Technology (ANT) to enhance industrial automation and service robotics, enabling vehicles to navigate by recognizing and matching permanent environmental features such as walls and pillars. The company aims to establish itself as a leader in the field of autonomous navigation, providing innovative solutions for the professional market.

Wasabi

Series B in 2018
Wasabi Technologies, Inc. is a cloud storage provider that offers a fast and cost-effective platform for hybrid and multi-cloud media workflows. The company specializes in hot storage solutions compatible with Amazon S3, delivering average time-to-first-byte speeds of less than 15 milliseconds and ensuring data integrity with active checking. Wasabi's services support a variety of applications, including archiving, backup and recovery, content delivery, and data analytics, catering to sectors such as media and entertainment, education, healthcare, and law enforcement. The company provides a free trial capped at 1 TB of storage and offers flexible pricing options, ensuring that organizations can access secure and reliable data storage without complex pricing structures or unpredictable fees. Founded in 2016 and headquartered in Boston, Massachusetts, Wasabi was previously known as BlueArchive, Inc. before rebranding in 2017.

Fornova

Series B in 2017
Fornova UK Limited specializes in online data scanning and distribution technology for the travel and retail sectors. Established in 2011 and headquartered in London, the company operates additional offices in New York, Amsterdam, and Israel. Fornova's solutions enable hotels to optimize revenue, enhance distribution, and improve forecasting while reducing costs. The firm utilizes its patented VisualScan technology to monitor over 75,000 websites and perform more than 1.25 billion price comparisons monthly, generating valuable market intelligence. It serves a diverse clientele, including major hotel chains, airlines, online travel agencies, and independent hotels, facilitating demand-based marketing campaigns through automated processes. Fornova aims to transform data into actionable insights, allowing organizations within the hospitality sector to make informed decisions collaboratively.

Nexthink

Series B in 2016
Nexthink S.A. is a leader in end-user experience management, focusing on enhancing digital workplaces through real-time analytics and employee feedback. The company provides a comprehensive platform that transforms endpoint data into actionable insights, enabling organizations to identify, diagnose, and resolve issues effectively. Its offerings include solutions for incident and problem management, change management, and a Digital Experience Score that combines quantitative data and user input to assess and enhance the digital workplace experience. Nexthink serves a diverse range of sectors, including education, finance, healthcare, and manufacturing, catering to Global 5000 organizations both in Switzerland and internationally. Established in 2004 and headquartered in Prilly, Switzerland, Nexthink operates across the United States, Europe, the Middle East, and Asia Pacific.
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