Forestreet

What Forestreet does

Forestreet is a London-based B2B SaaS company that provides an AI-powered supplier discovery and market intelligence platform, primarily serving enterprise procurement teams, management consultants, and investment and M&A professionals. The platform addresses pain points around outdated fixed supplier lists, biased search engine results, expensive consultancy research, and the inability of generic LLMs to deliver accurate supplier intelligence. Customers include KPMG, BP, Lloyds Banking Group, PA Consulting, Caxton, and Actis.

The platform comprises seven integrated modules built on natural language processing and proprietary algorithms: Market Explorer (AI search across millions of potential vendors), RapidReview (in-platform vendor review with adaptive learning), Analysis and Enrichment (structured company data and momentum scoring), Feature Architecture (AI-suggested capability comparison frameworks), ESG Dashboard (proprietary language model analyzing 26 ESG risk areas for public and private companies), News & Insights (sentiment and news analysis), and Market Reports (automated PowerPoint generation). The company also offers an API (docs.forestreet.com) and embeds its capabilities inside the Ivalua procurement platform via implementation partner TSM.

Forestreet monetizes through an annual flat-fee subscription providing unlimited market and vendor discovery, sold primarily via an enterprise sales-led GTM with 'Request a Demo' as the primary conversion mechanism, supplemented by channel partnerships (TSM), embedded/OEM distribution through Ivalua, and content-led demand generation. The company was founded around 2016–2017 by David Doyle (formerly Partner at PWC) and Alex Miller (formerly COO of Octopus Ventures), is B Corp certified (2022), and was acquired by US-based procurement decision intelligence company Beroe in September 2025 following a June 2024 strategic investment.

Name

Forestreet

Legal name

Forestreet Ltd

Website

https://forestreet.com

Company type

Private

Founded year

2017

Operating status

Acquired

Headcount range

11–50 employees

Short description

London-based B2B SaaS company offering an AI-powered supplier discovery and market intelligence platform for enterprise procurement teams, management consultants, and investment professionals, sold via flat-fee annual subscriptions and now part of Beroe.

Ownership category

akta.pro rank

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Marketing or Sales, Operations

Revenue model

1. SaaS Subscription: Subscription-based SaaS model providing access to the AI-powered supplier discovery platform. The company states it enables access to 'affordable, best-in-class data, via a subscription model.' Pricing appears to be a flat fee structure for unlimited market and vendor discovery.
2. Enterprise Licensing: Targeting enterprise customers including procurement teams, M&A professionals, private equity, investment firms, and consultancies with custom enterprise agreements likely based on seat count or organizational scope.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels6 records

Core offering

Forestreet operates an AI-powered SaaS platform that enables enterprises to discover, evaluate, and engage suppliers globally. The platform combines a large supplier database with machine learning-driven search, market intelligence, and analytics to support strategic sourcing and procurement decisions for large organizations.

Product overview

Forestreet is an AI-driven SaaS platform focused on supplier discovery and market intelligence. The unified platform consists of multiple integrated modules: Market Explorer for supplier discovery, RapidReview for vendor website review, Analysis and Enrichment for company data enrichment, Feature Architecture for capability comparison, ESG Dashboard for sustainability analysis, News and Insights for market monitoring, and Market Reports for automated presentation generation. Users define their market scope through natural language queries, and the AI platform processes millions of data points to deliver real-time, targeted supplier landscapes—eliminating reliance on fixed lists, sponsored content, or traditional consultancy approaches.

Differentiator

Problem solved

Functional benefit

Products and services

• Forestreet Platform AI-powered SaaS platform for supplier discovery and market intelligence, used by enterprise procurement teams to find, evaluate, and engage suppliers globally. Used by organizations such as KPMG, BP, Lloyds Banking Group, PA Consulting, Caxton, and Actis.

Quantifiable outcome

• 40% more supplier identification compared to Gartner studies of the same market
• +1 more outcomes

Named customers8 records

Segments4 records

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

AI capability7 records

Feature7 records

Partnerships

Four partnerships are on record, tiered core and minor.

• BeroecoreStrategic or Co-development Partner · 3 September 2025US-based Beroe acquired London-based Forestreet to accelerate its AI-first strategy and innovate supplier intelligence. The acquisition brings Forestreet's AI models and expertise into Beroe's ecosystem to accelerate product development and market reach.
• Positive PurchasingminorStrategic or Co-development Partner · 30 July 2024Partnership with Positive Purchasing, a provider of digital platforms, training, and consulting for strategic procurement and negotiation, to revolutionize procurement processes for mutual clients.
• TSMcoreImplementation/ SI/ Consulting Partner · 10 June 2024TSM, a procurement system implementation specialist and Ivalua certified partner, partnered with Forestreet to provide clients with access to Forestreet's supplier discovery capabilities. Forestreet can 'plug in' to TSM's existing solution partners including Ivalua's new add-on store.
• ProcureTechcoreGTM or Marketing Partner · 10 October 2023Partnership with ProcureTech to shape the 2023 ProcureTech100. Forestreet's AI platform was used to help identify and curate the 100 pioneering digital procurement solutions, providing detailed and data-driven insights for the selection panel of 70+ procurement experts.

Scale indicators3 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Beroe: US-based procurement decision intelligence company and Forestreet's parent following the September 2025 acquisition. Operates the closest adjacent platform for category-level market intelligence and supplier risk, making Beroe the most direct comparable even as parent.
• Tealbook: Supplier intelligence platform that builds a master supplier data foundation using AI and crowdsourced data. Directly comparable to Forestreet's Market Explorer and supplier-discovery value proposition for enterprise procurement teams.
• Scoutbee: AI-powered supplier discovery and market intelligence platform serving enterprise procurement. Closely aligned with Forestreet's core offering of on-demand supplier landscapes and category-level visibility.
• HICX: Supplier data management and master data platform for enterprise procurement. Comparable to Forestreet's supplier enrichment and governance use cases, especially around data quality and ESG/sustainability.
• Arkestro: AI-driven procurement and predictive sourcing platform that automates supplier recommendations and negotiations. Overlaps with Forestreet's category-level supplier discovery and Momentum-style scoring capabilities.
• Keelvar: Sourcing optimization and category intelligence platform using AI for supplier selection and bid optimization. Comparable to Forestreet's category strategy and supplier comparison features for category managers.
• SpendHQ: Spend analysis and procurement intelligence platform providing category visibility and supplier insights. Closely aligned with Forestreet's market mapping and supplier discovery for procurement teams.

Broad incumbents

• Ivalua: Enterprise Source-to-Pay procurement platform and Forestreet's integration partner. Provides the broader suite within which Forestreet's supplier discovery is embedded via the Ivalua add-on store, offering a broad incumbent comparison.
• Coupa: Large enterprise Business Spend Management platform with broad category intelligence and supplier management capabilities. Comparable as a broad incumbent serving procurement teams, though not specialized in on-demand supplier discovery like Forestreet.

Emerging players

• CB Insights: Market intelligence platform for technology and business insights, used heavily by PE, M&A and corporate strategy teams. Adjacent to Forestreet's PE/consulting use cases for market mapping and supplier/vendor discovery at the company level.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/forestreet
• Xx.com/fore_str

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds4 records

Investors4 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Forestreet