Forest Bikes

Shared electric bikes are rented through a mobile application network.

About Forest Bikes

It operates as a Mobility-as-a-Service and Advertising Model. Forest Bikes has raised $32.26 million across 9 funding rounds from investors including Fintex, Fen Ventures and Triodos Bank. Forest Bikes offers products and services including Shared eBikes and Forest Ads.

Key Metrics
  • Total Equity Funding
    $32.26M (USD)

    in 9 rounds

  • Investors
    Fintex

    & 5 more

Products & Services of Forest Bikes

Forest Bikes offers a comprehensive portfolio of products and services, including Shared eBikes and Forest Ads.

Shared eBikes
Mobility

Shared eBikes are provided for sustainable urban transport.

Forest Ads
Advertising

Advertising solutions are offered on mobile eBike platforms.

Apps and channels of Forest Bikes

Forest Bikes publishes 1 mobile app.

Forest - eBike Sharing
App Store Travel 4+
Developer: Human Forest Limited
View on App Store

Funding Insights of Forest Bikes

Forest Bikes has successfully raised a total of $32.26M across 9 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $32.26M
  • Total Rounds 9
  • First Round $2.39M

    (Sep 2020)

  • Investors Count 6

All 10 funding rounds of Forest Bikes with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Apr 2026$23.02MSeries B––
B8VP,Fen Ventures
Apr 2026$13.5MDebt – Conventional––
Fintex
Jan 2025$3.69MSeries B––
–
Jan 2025$12.29MDebt – Conventional––
Nov 2023$6.27MSeries A––
Apr 2023$15MSeries A–Triodos Bank
–
Apr 2023$6.23MDebt – Conventional––
Aug 2021$3.18MSeed––
–
Dec 2020$1.73MSeed––
–
Sep 2020$2.39MSeed––
Valuation history

6 investors in total: 4 institutional and 2 angel.

Investors in Forest Bikes

Forest Bikes has secured backing from 6 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Fintex, Fen Ventures and Triodos Bank.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
-
–fenventures.com-
-
–guilventures.com-
Alternative lending and investments are enabled on secondary markets.
2015fintexcap.comLondon, United Kingdom
-
–triodos.com-

Juan De Antonio

-
–unknown_724aca3a5a85447ab-

Vicente Pascual

-
–unknown_8417331f577a4c9aa-
Premium access

Investor details for Forest Bikes

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

Verified entity values are shown only after access is granted.

Timeline of Forest Bikes

2 dated milestones of Forest Bikes across 6 years, from founding to its latest funding, stage changes and deals.

  1. Funding First funding round of $2.4M.
  2. Funding Latest funding round, Debt – Conventional,.

Web traffic of Forest Bikes

The website of Forest Bikes (forest.me) receives about 59K visits a month.

  • Monthly visits
    59K

    ▼ 27.2% vs previous month

Similar websites

Websites whose visitors overlap most with Forest Bikes. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
cyclesaver.co.uk
cyclesaver.co.uk
100%
–#2,051,353–
careers.humanforest.co.uk
careers.humanforest.co.uk
81%
–#14,101,645–

Similar companies to Forest Bikes

10 companies that operate in the same segment as Forest Bikes (Two Wheeler Rental Services), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Financial services encompassing loans, investments, and insurance are delivered in India.
1979Mumbai, Maharashtra, India–USD 1.94 B–
Manufactures and markets retro-inspired motorcycles with modern features.
1929Pune, Maharashtra, India–USD 83.25 M100
E-bike rental services are provided for delivery workers by Whizz.
2022New York, New York, United StatesUSD 15.4 M––
Offers bike listings, prices, reviews, and comparisons for consumers.
2012Mumbai, Maharashtra, India–––
Manufactures electric two-wheelers and three-wheelers for personal and commercial use in India.
1980Delhi, Delhi, India–USD 44.57 M272
Produces electric scooters and bikes for eco-friendly transportation solutions.
2016Nashik, Maharashtra, India–USD 11.43 M21
Manufactures electric rickshaws and two-wheelers for sustainable transportation in India.
2011Delhi, Delhi, India–USD 46.34 M85
Provides online on-demand motorbike rental services for convenient urban mobility.
2015Hyderabad, Telangana, IndiaUSD 673.64 KUSD 282.23 K15
Offers a platform for aggregating local and outstation cab services.
2008Dehradun, Uttarakhand, India–––
Manufactures tyres for motorcycles, scooters, bicycles, and e-vehicles in India.
1968Delhi, Delhi, India–USD 78.34 M1,617
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Frequently Asked Questions about Forest Bikes

Forest Bikes is a funded company, having raised a total of $32.26M across 9 funding rounds to date. The company's 1st funding round was a Seed of $2.39M, raised on Sep 2020.

Forest Bikes, operated by HumanForest Limited, is focused on providing shared eBikes for sustainable urban transport in London. The service contributes to environmental goals by reducing car usage and supporting forest growth initiatives. Additionally, an advertising platform named Forest Ads is integrated into the mobility service, allowing brands to reach audiences through mobile advertisements on eBikes. The company operates primarily in the urban mobility sector with a commitment to sustainability.

Forest Bikes offers Shared eBikes and Forest Ads.

Forest Bikes has 6 investors. Key investors include Fintex, Fen Ventures, Triodos Bank, gΓΌil, and Juan De Antonio.

Forest Bikes operates through Humanforest Limited.

Yes. Forest Bikes publishes Forest - eBike Sharing.

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