Forestreet, a London-based AI-driven supplier discovery software provider, secured strategic investment from Beroe.

Beroe Founder and CEO, Vel Dhinagaravel, will join Forestreet’s board of directors to enhance collaboration.

The funding will be used to advance joint innovation and integrate AI technology in procurement intelligence tools.

Led by CEO Alex Miller, Forestreet specializes in supplier discovery and market insights, empowering procurement teams to mitigate risks and foster growth.

The real-time access to curated information will help CPOs build resilient supply chains and address evolving demands effectively.