Forest
Latest round
- Series B
Last raised
- Apr 2026
Total raised
- $33M
Investors
- 4
About Forest
Based in London, UK, founded in 2020, Human Forest Limited specializes in shared electric bicycles, aiming to alleviate urban transportation challenges. The company was co-founded by Agustin Guilisasti (CEO as of 2026), Caroline Seton, Michael Stewart and Ignacio Gutierrez. Forest Bikes specializes in providing shared electric bicycles (ebikes) designed to be environmentally friendly and visually appealing, simulating the appearance of trees. The core offering includes a fleet of these ebikes available for public use, addressing urban transportation challenges by offering an affordable and sustainable alternative to traditional vehicles. Users can rent ebikes through a mobile application available on desktop, iOS, and Android platforms, facilitating easy access and convenience for urban commuters. The primary target market includes urban dwellers in major cities, particularly those focused on sustainable transportation solutions, with operations currently in London and potentially other urban centers with demand for eco-friendly transport options. Revenue generation for Forest Bikes primarily involves a pay-per-ride structure, allowing users to pay for each rental of the ebikes. This transaction model is direct-to-consumer, with users accessing the service through the company's app. Pricing plans are structured to ensure affordability while promoting frequent usage, contributing to city-wide sustainability efforts. Revenue may also be supplemented through partnerships and advertising opportunities within the platform, allowing businesses to engage with users while promoting eco-conscious initiatives. The company's services align with its sustainability mission, fostering an ecosystem where both individual riders and businesses can contribute to environmental goals. It will also fund further development of the company’s technology platform, including its app and operational tools, to improve utilisation, efficiency, and service reliability across its existing operating areas.
Who invested in Forest
4 investors across 3 rounds
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Questions about Forest
Who invested in Forest?
Forest has 4 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Forest raised?
Forest has raised 3 venture rounds. Sign up free to see how much each round raised and the total.
When did Forest last raise money?
Forest's most recent round on record is a Series B, in Apr 2026.
What does Forest do?
Based in London, UK, founded in 2020, Human Forest Limited specializes in shared electric bicycles, aiming to alleviate urban transportation challenges.
Where is Forest headquartered?
Forest is headquartered in London, UK.
Which VCs invest in companies like Forest?
Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Generation Investment Management back transportation services companies at Forest's stage. Their profiles are linked below.
VCs backing transportation services startups at Series B
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