FundedIQ
Information Technology

Forest: Funding, Investors & Team (Sep 2026)

Forest is a company that offers dockless e-bike sharing services with advertising support.

www.forest.me LinkedIn London, United Kingdom 1-10 employees
Electric Vehicle Information Technology
Total raised
$38.9M
Rounds
3
Latest
Undisclosed round
May 2026

Forest has raised $38.9M across 3 funding rounds on record, the most recent an undisclosed round of $40k announced in May 2026.

That round is below the $6.0M median round size for Information Technology companies tracked on FundedIQ over the last two years.

Forest Company Profile and Key Stats

Total funding raised
$38.9M
across 3 rounds on record
Funding rounds on record
3
Latest funding round
Undisclosed round
$40k in May 2026
Employees
1-10
reported band
Headquarters
London, United Kingdom

Latest funding round on record: May 2026.

Forest Funding Rounds

Date
Round
Amount
Undisclosed round
$40k
Series B
$23.0M
Series B
$15.9M

Forest raised $15.9M in a Series B announced in Jan 2025.

1.3 years later, a Series B of $23.0M was announced in Apr 2026.

1 month later, an undisclosed round of $40k was announced in May 2026.

Forest Founders and Leadership Team

Name
Role
Contact
Forest Bronzan
Founder
Johary Mustapha
Founder
Locked
Michael John Stewart Ackermann
Founder

Contact details for the Forest team: 1 has a LinkedIn profile.

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Forest Funding Compared to Other Information Technology Startups

Segment
Companies
Median round

Forest's latest round of $40k is below the median round in Information Technology. Medians cover the last 24 months of disclosed rounds.

Funded Startups Like Forest in Information Technology and London

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Forest Funding FAQs

What does Forest do?

Forest is a company that offers dockless e-bike sharing services with advertising support.

How much funding has Forest raised?

Forest has raised $38.9M across 3 rounds on record. The most recent is an undisclosed round of $40k announced in May 2026.

When did Forest last raise funding?

Forest's most recent funding round on record is an undisclosed round of $40k, announced in May 2026.

Who founded Forest?

FundedIQ lists Forest Bronzan (Founder), Johary Mustapha (Founder), Michael John Stewart Ackermann (Founder) at Forest.

Where is Forest headquartered?

Forest is based in London, England, United Kingdom.

How many employees does Forest have?

Forest is in the 1-10 employee band.

How does Forest's funding compare to other Information Technology startups?

Forest's latest round of $40k is below the $6.0M median round size for Information Technology companies on FundedIQ across 3,144 tracked companies over the last two years.

About FundedIQ's Forest Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Forest is left off this page rather than filled in.

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