# Forest

**Source:** https://www.startuphub.ai/startups/forest
**Profile type:** Startup

> London's homegrown e-bike operator focused on sustainable micromobility.

## About

Forest is an environmentally sustainable micromobility platform operating in London. Founded in 2020, the company provides a fleet of zero-emission e-bikes powered by renewable energy. Forest facilitates millions of rides per month, aiming to offer an affordable and sustainable travel alternative within the city. They are actively investing in cycling infrastructure, technology, app development, and parking compliance to enhance their service and user experience.

## Key facts

- **Slug:** forest
- **Website:** https://www.forest.tech/
- **Location:** London, England, United Kingdom
- **Founded:** 2020-01-01 00:00:00
- **Operating status:** Active
- **Total funding:** $31M
- **Sectors / tags:** Micromobility, Electric Vehicles, Sustainable Transportation, Mobility Infrastructure, E-bike Sharing, Urban Mobility, Fleet Management, Renewable Energy

## Frequently asked

### What does Forest do?

Forest is an environmentally sustainable micromobility platform operating in London. Founded in 2020, the company provides a fleet of zero-emission e-bikes powered by renewable energy. Forest facilitates millions of rides per month, aiming to offer an affordable and sustainable travel alternative within the city. They are actively investing in cycling infrastructure, technology, app development, and parking compliance to enhance their service and user experience.

### What is Forest's valuation?

StartupHub estimates Forest's effective valuation at $120.3M (range $77.5M to $186.0M, 21% confidence), based on comparable companies in the sector.

### How much funding has Forest raised?

Forest has raised a total of $31M in funding. The most recent round on record is Series B.

### Where is Forest headquartered?

Forest is headquartered in London, England, United Kingdom.

### When was Forest founded?

Forest was founded in 2020.

### What industry does Forest operate in?

Forest operates in Micromobility, Electric Vehicles, Sustainable Transportation, Mobility Infrastructure, E-bike Sharing, Urban Mobility.

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