Which legal entities is Forest associated with?

Forest is associated with Human Forest Limited.

How many employees does Forest have?

As of Sep 30, 2026, the latest employee count at Forest is 125.

Is Forest a funded company?

Forest is a funded company, having raised a total of $49M across 10 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Sep 07, 2020.

When was the latest funding round of Forest?

Forest's latest funding was a $***** Conventional Debt round on Apr 28, 2026, with participation from 1 investor.

Where does Forest rank among its competitors?

Forest ranks 2nd amongst 187 active competitors, of which 17 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was Forest, which secured $23M in Apr, 2026.

Who are the top competitors of Forest?

Forest's top competitors include Tembici, Pony and MOBY. Among them, Forest secured the most recent funding round in April, 2026.

Forest - 2026 Company Profile, Funding, Competitors & Financials

Company Details

Provider of shared electric bike rentals. This company operates a network of electric bikes available for rent through a mobile application. The service offers a sustainable and affordable transportation option. The business model includes advertising revenue generated through the app. Bikes are available for short-term rentals, facilitating convenient urban travel.

Key Metrics

Stage

Series B

Total Funding

$49M in 10 rounds

Latest Funding Round

Conventional Debt, Apr 28, 2026, $*****

Investors

Triodos Bank & 8 more

Ranked

2^nd among 187 active competitors

Employee Count

125 as on Sep 30, 2026

Similar Companies

Pony & 19 more

View Forest's full profile

Forest is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Human Forest Limited CIN: 12352698 , United Kingdom, Active	Dec 05, 2019	-	6 (As on Dec 31, 2020)

Forest has raised a total funding of $49M over 10 rounds. Its first funding round was on Sep 07, 2020. Its latest funding round was a Conventional Debt round on Apr 28, 2026 for $*****. 1 investor participated in its latest round. Forest has 7 institutional investors and 2 angel investors.

Here is the list of recent funding rounds of Forest:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Apr 28, 2026	7605800	Conventional Debt	3667838	2777085	5377013	9399103
Apr 28, 2026	7461695	Series B	6877902	6524057	1359583	B8VP & 2 more
Jan 22, 2025	3388047	Series B	3811798	1824055	1593921	B8VP

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View details of Forest's funding rounds and investors

Forest's employee count trend

Forest has 125 employees as of Sep 26. Here is Forest's employee count trend over the years:

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Top competitors of Forest include Tembici, Pony and MOBY. Here is the list of Top 10 competitors of Forest, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Tembici 2010, Sao Paulo (Brazil), Series C	Tech-enabled solutions for electric-bike sharing	$127M	Redpoint eventures, Valor Capital Group & 8 others	60/100
2nd	Forest Series B	Provider of shared electric bike rentals	$49M	Triodos Bank, Conduit Connect & 7 others	54/100
3rd	Pony 2017, Oxford (United Kingdom), Series A	App-based bicycle rental service	$9.06M	Demeter, Kima Ventures & 20 others	58/100
4th	MOBY 2018, Dublin (Ireland), Series A	App-based electric-bicycle sharing platform	$4.05M	Halo Business Angel Network & 2 others	55/100
5th	RideMovi 2017, Milan (Italy), Series A	App-based platform offering e-bicycle rental services	-	Generali, Ocorian & 1 others	51/100
6th	Drop Mobility 2017, Toronto (Canada), Seed	Urban micro-mobility service provider	-	Decathlon Capital Partners, Grand Ventures ... & 3 others	47/100
7th	RIDE 2019, Marupe (Latvia), Unfunded	App-based electric-bike rental platform	-	-	46/100
8th	Zoov 2017, Paris (France), Series A	App-based platform for on-demand e-bike sharing services	$6.8M	C4 Ventures, Road Ventures & 2 others	45/100
9th	YerevanRide 2019, Yerevan (Armenia), Unfunded	App-based bi-cycle rental platform	-	-	44/100
10th	Rodo 2019, Kolkata (India), Deadpooled	App-based e-bicycle rental platform	-	-	44/100