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Forward Industries
NASDAQ: FWDINew York, US · 11 employees on LinkedIn · 5 known investors
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Forward Industries (NASDAQ: FWDI) is a Solana-focused digital asset treasury company that buys, holds, stakes, trades, and invests in SOL and Solana-related assets, protocols, and businesses. It aims to grow the Solana ecosystem and shareholder value, positioning itself as the largest Solana treasury company.
Founders & leadership
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Michael MatteExecutive
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Terence WiseExecutive
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Mike PruittInterim Chief Executive Officer & DirectorMike Pruitt has worked across restaurant, beverage, and cryptocurrency industries and holds a BA in Business/Commerce from Coastal Carolina University. He serves as Interim Chief Executive Officer and Director of Forward Industries, a Solana-focused digital asset treasury company.
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Mark BrazierChief Financial OfficerChief Financial Officer of Forward Industries, Mark Brazier has held finance leadership roles in digital assets and traditional finance, with experience in M&A, capital markets, and regulated environments including SEC, FINRA, and FCA oversight. He has worked to build finance functions for high-growth companies across blockchain, fintech, and SaaS sectors.
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Georgia QuinnGeneral CounselGeorgia Quinn is General Counsel at Forward Industries, a Solana-focused digital asset treasury company.
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Ryan NaviChief Investment OfficerChief Investment Officer of Forward Industries, a Solana-focused digital asset treasury company. Has background in traditional financial analysis and underwriting.
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Garrison YangCMO & Head of IR
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Kathleen WeisbergDirector of Financial ReportingKathleen Weisberg is Chief Financial Officer of Forward Industries, a digital asset treasury company focused on Solana-based investments and assets. She brings financial leadership experience from roles in both large and small companies across multiple industries.
Board
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Keith JohnsonBoard director
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Sharon HrynkowBoard director
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Sangita ShahBoard director
Investors · 5
Jump Crypto✓ confirmed by Forward IndustriesChicago · $500K – $15M
How we know: the company's own site · the VCSheet dataset · Not right? Tell us
Multicoin Capital✓ confirmed by Forward IndustriesAustin · $1M – $50M
How we know: the company's own site · Not right? Tell us
Lvna Capitallisted by Lvna CapitalMiami
How we know: Lvna Capital's portfolio page · Not right? Tell us
BlackRockreportedNew York
How we know: the S-1 prospectus · Not right? Tell us
Galaxy Digital Assets FundreportedNew York
How we know: a partner's Signal profile · Not right? Tell us
Reported raises · per SEC filings
Form D private placements$1.7B disclosed across 3 of 4 rounds · 2013–2025
▶$1.6BraisedSep 2025 · 214 investors · OtherRule 506(c)
▶$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
▶$411.6KraisedFeb 2018 · 10 investors · OtherRule 506(b)
▶$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
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Founder mafia
2 people who came through Forward Industries went on to found or lead other companies.
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Frequently asked questions
- What does Forward Industries do?
- Forward Industries (NASDAQ: FWDI) is a Solana-focused digital asset treasury company that buys, holds, stakes, trades, and invests in SOL and Solana-related assets, protocols, and businesses. It aims to grow the Solana ecosystem and shareholder value, positioning itself as the largest Solana treasury company.
- Who are Forward Industries's investors?
- Forward Industries's investors include Jump Crypto, Multicoin Capital, Lvna Capital, BlackRock, Galaxy Digital Assets Fund.
- How much funding has Forward Industries raised?
- Forward Industries has disclosed $1.7B raised across 3 of its 4 known rounds.
- Where is Forward Industries headquartered?
- Forward Industries is headquartered in New York, US.