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Forestay Capital

Europe, Geneve, Switzerland, Genève

Description

Forestay Capital is a prominent technology-focused venture capital firm based in Geneva, Switzerland, operating as part of Waypoint Capital, the business enterprise of the Bertarelli family. The firm is dedicated to investing in innovative, forward-looking industries within the tech sector, reflecting Waypoint's strategic focus. With a strong European and US presence, Forestay Capital positions itself as a significant player in the growth-stage technology investment landscape.

The firm's investment strategy centers on supporting companies that have already demonstrated product-market fit and possess strong customer traction, indicating readiness for significant scaling. Forestay Capital primarily targets Series B and C funding rounds, seeking out businesses with proven products and a clear path to expansion. Their typical first cheque size ranges from $10 million to $50 million, indicating a focus on substantial growth equity rather than early-stage seed or Series A investments.

Forestay Capital exhibits a broad interest across various high-growth technology sectors. Their portfolio includes companies specializing in enterprise software, Software-as-a-Service (SaaS) solutions, cybersecurity, fintech, artificial intelligence (AI) and machine learning (ML), data analytics, and digital health. Beyond capital infusion, Forestay emphasizes a partnership approach, leveraging the extensive network and resources of Waypoint Capital to provide strategic guidance, operational support, and access to key industry connections for their portfolio companies. This hands-on approach aims to accelerate the growth and market penetration of their investments, fostering long-term value creation.

Investor Profile

Forestay Capital has backed more than 24 startups, with 2 new investments in the last 12 months alone. The firm has led 13 rounds, about 54% of its total and boasts 3 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series B, Series C, Series A rounds (top funding stages).
  • Majority of deals are located in Switzerland, United States, Germany.
  • Strong thematic focus on Information Technology, Software, Machine Learning.
  • Led 1 rounds in the past year.
  • Typical check size: $10M – $50M.

Stage Focus

  • Series B (38%)
  • Series C (29%)
  • Series A (17%)
  • Series D (13%)
  • Series Unknown (4%)

Country Focus

  • Switzerland (29%)
  • United States (25%)
  • Germany (13%)
  • United Kingdom (13%)
  • France (4%)
  • Belgium (4%)
  • Portugal (4%)
  • Finland (4%)
  • Canada (4%)

Industry Focus

  • Information Technology
  • Software
  • Machine Learning
  • Analytics
  • Cloud Computing
  • Cloud Data Services
  • Cloud Storage
  • Database
  • Employment
  • Human Resources
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Forestay Capital frequently co-invest with?

DT
Europe, Zurich, Switzerland, Zürich
Co-Investments: 2
Co-Investments: 2
FF
North America, Massachusetts, United States, Cambridge
Co-Investments: 2
Acton Capital
Europe, Bayern, Germany, München
Co-Investments: 3
Kreos Capital
Europe, England, United Kingdom, London
Co-Investments: 4
Atlantic Labs
Europe, Berlin, Germany, Berlin
Co-Investments: 2
Bessemer Venture Partners
North America, California, United States, San Francisco
Co-Investments: 3
Swisscom Ventures
Europe, Zurich, Switzerland, Zürich
Co-Investments: 4
Columbia Lake Partners
Europe, England, United Kingdom, London
Co-Investments: 2
AXA Venture Partners
Europe, Ile-de-France, France, Paris
Co-Investments: 2

Which angels does Forestay Capital often collaborate with?

GD
North America, Massachusetts, United States, Lexington
Shared Deals: 1
EB
Europe, Bern, Switzerland, Gstaad
Shared Deals: 1
RS
North America, Massachusetts, United States, Essex
Shared Deals: 1
OP
North America, New York, United States, New York
Shared Deals: 1
DF
Europe, Argyll and Bute, United Kingdom, Newyork
Shared Deals: 1
EK
Europe, Hlavni mesto Praha, Czech Republic, Prague
Shared Deals: 1
HC
North America, Massachusetts, United States, Boston
Shared Deals: 1

What are some of recent deals done by Forestay Capital?

Neural Concept

Lausanne, Vaud, Switzerland

Neural Concept is an intelligence platform tha transforms engineering product design through advanced 3D deep learning algorithms.

Artificial Intelligence (AI)Industrial AutomationMachine LearningSoftware
Series CDec 18, 2025
Amount Raised: $100,000,000
Datavations

New York, New York, United States

Datavations is a commerce enablement software in the manufacturing ecosystem.

Enterprise SoftwareInformation Technology
Series AJul 15, 2025
Amount Raised: $17,000,000
Buynomics

Cologne, Nordrhein-Westfalen, Germany

End-to-end revenue optimization

Machine LearningSaaSSoftware
Series BMar 20, 2025
Amount Raised: $30,000,000
Luminance

Cambridge, Cambridgeshire, United Kingdom

Luminance provides an AI-powered platform for contract generation, negotiation, and post-execution analysis using legal-focused models.

Artificial Intelligence (AI)Contact ManagementLegalLegal Tech
Series CFeb 18, 2025
Amount Raised: $75,000,000
Neural Concept

Lausanne, Vaud, Switzerland

Neural Concept is a development platform that enables handling of data pipelines, 3D machine learning models, and optimization campaigns.

ComputerIndustrial AutomationMachine LearningSoftware
Series BJun 3, 2024
Amount Raised: $27,000,000
Wasabi Technologies

Boston, Massachusetts, United States

Wasabi is a cloud storage company delivering cost effective and secure cloud storage solutions.

Cloud ComputingCloud Data ServicesCloud StorageDatabaseInformation Technology
Series DSep 27, 2022
Amount Raised: $125,000,000
Manta

New York, New York, United States

The world’s innovator in data lineage.

Business IntelligenceData VisualizationInformation Technology
Series BMay 26, 2022
Amount Raised: $35,000,000
Convelio

Paris, Ile-de-France, France

Convelio is a shipping and logistics company that offers packaging, transportation, freight-forwarding, and delivery services.

ArtFreight ServiceLogisticsShipping
Series BMar 7, 2022
Amount Raised: $35,000,000
Zenjob

Berlin, Berlin, Germany

Zenjob is a staffing marketplace that matches workers with temporary side jobs.

EmploymentHuman ResourcesRecruitingStaffing Agency
Series DFeb 22, 2022
Amount Raised: $50,980,525
Scandit

Zürich, Zurich, Switzerland

Scandit is a technology platform that offers smart data capture and barcode scanning software solutions for its users.

Augmented RealityImage RecognitionMachine LearningMobile AppsSoftware
Series DFeb 9, 2022
Amount Raised: $150,000,000

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