Fundraising Fox

Forward Industries

NASDAQ: FWDI

Hauppauge, US · Texas corporation · 2 known investors

Find your way into Forward Industries

577 people in our graph share verified history with the Forward Industries team — schools, employers, funds. One of them is your warm intro.

Chris Bischoffunlockedknows Ryan Navi · together at Goldman Sachs (overlapped)
×9knows the team · via Goldman Sachs
×2knows the team · via Harvard-Westlake School

Forward Industries provides product design and engineering services—including electrical, mechanical, and software engineering across medical devices, consumer electronics, and industrial products—primarily for U.S.-based clients, and has recently adopted a digital asset treasury strategy focused on acquiring and staking Solana tokens.

Founders & leadership

MP
Michael PruittExecutive
KW
Kathleen WeisbergExecutive
MM
Michael MatteExecutive
TW
Terence WiseExecutive
RNRyan Navi
Ryan NaviinChief Investment Officer

Board

KJ
Keith JohnsonBoard director
SH
Sharon HrynkowBoard director
SS
Sangita ShahBoard director
PS
Pyahm SamaniBoard director
JF
James FrostBoard director
HM
Howard MorganBoard director

Investors · 2

Reported raises · per SEC filings

Form D private placements

$1.7B disclosed across 3 rounds · 2013–2025

$1.6BraisedSep 2025 · 214 investors · Other
Rule 506(c)
Officers, directors & promoters on the filing
  • Christopher FerraroPromoter
  • Keith JohnsonDirector
  • Michael PruittExecutive Officer, Director
  • Sharon HrynkowDirector
  • Samarth HaribhaktiPromoter
  • Sangita ShahDirector
  • Kathleen WeisbergExecutive Officer
  • Pyahm SamaniPromoter
  • Pyahm SamaniDirector
Offering amount
$1.6B
Amount sold
$1.6B
Minimum investment
$48K
Sales commissions
$61.6M
Placement agents
Cantor Fitzgerald & Co., Galaxy Digital Partners LLC
First sale
Sep 2025
Incorporated
Corporation, New York
Federal exemptions
06c
Full filing on SEC EDGAR ↗
$411.6KraisedFeb 2018 · 10 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Michael MatteExecutive Officer
  • Terence WiseExecutive Officer, Director
  • Sangita ShahDirector
  • James FrostDirector
  • Howard MorganDirector
Offering amount
$411.6K
Amount sold
$411.6K
First sale
Jan 2018
Incorporated
Corporation, New York
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

In the news

Frequently asked questions

What does Forward Industries do?
Forward Industries provides product design and engineering services—including electrical, mechanical, and software engineering across medical devices, consumer electronics, and industrial products—primarily for U.S.-based clients, and has recently adopted a digital asset treasury strategy focused on acquiring and staking Solana tokens.
Who are Forward Industries's investors?
Forward Industries's investors include BlackRock, Galaxy Digital Assets Fund.
How much funding has Forward Industries raised?
Forward Industries has disclosed $1.7B raised across 3 rounds.
Where is Forward Industries headquartered?
Forward Industries is headquartered in Hauppauge, US.