8
Total investments
0
Early stage
1
Mid stage
5
Late stage
4y
Years active
Portfolio
7 investments · sorted by recency
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Late stage
Investor
Mar 2026
Fonoa is the Tax Operating System for autonomous tax. AI that tracks every rule, acts on every obligation, and proves every decision, built on modular infrastructure.
Fonoas modules cover the full indirect tax lifecycle: tax ID validation, real-time tax determination, e-invoicing, and returns. All on one shared data model and integration, with one audit trail. Each added capability makes the others stronger.
Agents monitor obligations, populate returns, catch anomalies and assemble audit packs in seconds. The system does the work. Humans make the calls. Thats autonomous tax.
We operate across 120+ countries, with clients going live in weeks, if not days.
Trusted by Canva, Netflix, Spotify, Uber, Zoom and Booking.com. Rated 4.5/5 stars and a High Performer on G2 and 4.6/5 stars on Gartner Peer Insights.
Investor & Board
Feb 2026
Pivot is the AI operating system for procurement, giving finance and procurement teams the structure, clarity, and velocity to operate under increasing pressure. It automates workflows, ensures full spend visibility, and ties decisions to financial reality, giving AI a foundation strong enough to carry the routine load. Thats how lean teams at companies like DoorDash, Lemonade, and Wolt run procurement with the control, speed, and coordination that once required three times the headcount.
Natively integrated with all your tools, fueled by AI, and built around a top-notch UX, Pivot solves the adoption problem within your company, makes all support teams collaborate seamlessly, and provides procurement teams with powerful tools to extract data and make meaningful decisions. Pivots end-to-end platform is powering leading companies worldwide.
Board Observer
Aug 2025
With offices in Paris, London, and New York, Convelio is a fine art logistics company with a digital approach. Our mission is to make the transport and storage of fine art, design, and antiques more efficient, secure, and transparent. Through our online platform, you can instantly book end-to-end services including shipping, storage, packing, customs, insurance, and delivery.
Built for the art market, Convelio’s ecosystem combines high-touch service with operational precision. Our dedicated facilities in London and Paris feature climate-controlled storage, secure handling zones, and private viewing rooms. Clients manage logistics, storage, and inventory seamlessly from a single platform.
Supported by global partners and a specialized in-house team, we move artworks safely and smartly—from single pieces to full-scale exhibitions. Our mission is simple: simplify logistics to move what’s beautiful.
Any inquiries? Just drop us an email at hello@convelio.com
What do we offer?
- Van pickup and drop-off all over Europe
- Inventory management software
- Secure storage in Paris and London
- Wood export packing
- Airfreight and seafreight service to +80 oversea destinations
- Customs clearance
- Front-door and white-glove delivery
Investor
Feb 2025
Luminance is the pioneer in Legal-Grade™ AI, wherever computer meets contract. Using a Mixture of Experts approach - known as the “Panel of Judges” - Luminance brings specialist AI to every touchpoint a business has with its contracts, from generation to negotiation and post-execution analysis.
Developed by AI experts from the University of Cambridge, Luminances technology is trusted by 700+ customers in 70+ countries, from AMD and the LG Group to Hitachi, BBC Studios and Staples.
The company closed a $75 million Series C in early 2025 and is backed by world-leading investors including Point72 Private Investments and March Capital.
Luminance is hiring across the board. Get in touch to find out more.
Board Observer
Feb 2025
Imagine knowing your consumers’ preferences without tedious analyses, complex spreadsheets, or unreliable focus groups. Buynomics’ AI transforms all your readily available data into Virtual Shoppers that mimic the buying decisions of real consumers with unmatched precision.
Use these instant and accurate consumer insights as the single source of truth to make decisions on prices, promotions, products, trade terms, channel & portfolio mix. Our holistic approach uncovers the links between critical revenue levers and provides fast and reliable recommendations for best results - your key to profitable and sustainable decisions.
Investor
May 2022
Manta is the world-class automated approach to visualize, optimize, and modernize how data moves through your organization through code-level lineage. Manta automatically scans your data environment with the power of 50+ scanners to build a powerful map of all data pipelines. With Manta, the world’s top companies gain full visibility and control of data pipelines, driving productivity and regaining trust in their data. Visit manta.io to learn more.
Technology Investor
2022
Founded in 2018, Forestay is an early-growth stage tech fund and part of B-FLEXION, an entrepreneurial private investment firm founded by Ernesto Bertarelli.
We invest in visionary teams reaching growth inflection points and partner with them to create future category leaders. We support start-ups with investments between $10M and $20M in Europe, Israel and opportunistically on the East coast of the US.
Forestay Capital SA is the advisor to Forestay Capital Management Ltd, based in Jersey.
Experience · 11 entries
All (11)
Investments (8)
Board (3)
2026
Investor
Mar 2026
Fonoa is the Tax Operating System for autonomous tax. AI that tracks every rule, acts on every obligation, and proves every decision, built on modular infrastructure.
Fonoas modules cover the full indirect tax lifecycle: tax ID validation, real-time tax determination, e-invoicing, and returns. All on one shared data model and integration, with one audit trail. Each added capability makes the others stronger.
Agents monitor obligations, populate returns, catch anomalies and assemble audit packs in seconds. The system does the work. Humans make the calls. Thats autonomous tax.
We operate across 120+ countries, with clients going live in weeks, if not days.
Trusted by Canva, Netflix, Spotify, Uber, Zoom and Booking.com. Rated 4.5/5 stars and a High Performer on G2 and 4.6/5 stars on Gartner Peer Insights.
Investor & Board
Feb 2026
Pivot is the AI operating system for procurement, giving finance and procurement teams the structure, clarity, and velocity to operate under increasing pressure. It automates workflows, ensures full spend visibility, and ties decisions to financial reality, giving AI a foundation strong enough to carry the routine load. Thats how lean teams at companies like DoorDash, Lemonade, and Wolt run procurement with the control, speed, and coordination that once required three times the headcount.
Natively integrated with all your tools, fueled by AI, and built around a top-notch UX, Pivot solves the adoption problem within your company, makes all support teams collaborate seamlessly, and provides procurement teams with powerful tools to extract data and make meaningful decisions. Pivots end-to-end platform is powering leading companies worldwide.
2025
Board Observer
Aug 2025
With offices in Paris, London, and New York, Convelio is a fine art logistics company with a digital approach. Our mission is to make the transport and storage of fine art, design, and antiques more efficient, secure, and transparent. Through our online platform, you can instantly book end-to-end services including shipping, storage, packing, customs, insurance, and delivery.
Built for the art market, Convelio’s ecosystem combines high-touch service with operational precision. Our dedicated facilities in London and Paris feature climate-controlled storage, secure handling zones, and private viewing rooms. Clients manage logistics, storage, and inventory seamlessly from a single platform.
Supported by global partners and a specialized in-house team, we move artworks safely and smartly—from single pieces to full-scale exhibitions. Our mission is simple: simplify logistics to move what’s beautiful.
Any inquiries? Just drop us an email at hello@convelio.com
What do we offer?
- Van pickup and drop-off all over Europe
- Inventory management software
- Secure storage in Paris and London
- Wood export packing
- Airfreight and seafreight service to +80 oversea destinations
- Customs clearance
- Front-door and white-glove delivery
Investor
Feb 2025
Luminance is the pioneer in Legal-Grade™ AI, wherever computer meets contract. Using a Mixture of Experts approach - known as the “Panel of Judges” - Luminance brings specialist AI to every touchpoint a business has with its contracts, from generation to negotiation and post-execution analysis.
Developed by AI experts from the University of Cambridge, Luminances technology is trusted by 700+ customers in 70+ countries, from AMD and the LG Group to Hitachi, BBC Studios and Staples.
The company closed a $75 million Series C in early 2025 and is backed by world-leading investors including Point72 Private Investments and March Capital.
Luminance is hiring across the board. Get in touch to find out more.
Board Observer
Feb 2025
Imagine knowing your consumers’ preferences without tedious analyses, complex spreadsheets, or unreliable focus groups. Buynomics’ AI transforms all your readily available data into Virtual Shoppers that mimic the buying decisions of real consumers with unmatched precision.
Use these instant and accurate consumer insights as the single source of truth to make decisions on prices, promotions, products, trade terms, channel & portfolio mix. Our holistic approach uncovers the links between critical revenue levers and provides fast and reliable recommendations for best results - your key to profitable and sustainable decisions.
Show all 11 entries ↓
Investment activity
2022–2026 · 8 investments
Recent (last 2 years)Earlier
