The company funded the initial manufacture of its tops through crowdfunding campaigns. In 2013, Viktor Grabovskyy, Ruben Gonzalez, and Cristobal Uribe planned to start an analytics company, but as they didn't have the funding to do so, they decided instead to market a top as a modern piece of nostalgia. They co-founded ForeverSpin together in February 2014.
ForeverSpin is a Canadian vendor of metal spinning tops, which have a similar appearance to the top seen in the 2010 film Inception.
The company is one of the constituents of the S&P Sri Lanka 20 Index. The company was found in 2001 and in 2012 was listed on the Colombo Stock Exchange. In 2019, for the third consecutive year, the company was named amongst the ten "Best Corporate Citizens in the Country" by the Ceylon Chamber of Commerce. Currently, the company is constructing the largest condominium in Sri Lanka with 1,068 units. Following the news that the Cabinet of Sri Lanka has granted the LKR 9.34 billion housing project in Elliot Road, Borella, the company's share price rose by five-fold.