Investor profile
Frog Capital
See how your deck fits this investor's thesis, stage, and ticket size.
Analyse your fitInvestment thesis
Frog Capital is a specialist European growth equity firm that invests in high-growth, purpose-driven software scale-ups headquartered in Europe. The firm focuses on software businesses generating over €3 million in annual recurring revenue (ARR), typically deploying transactions of €5-20 million. Frog's core differentiator is its Scale-Up Methodology, built upon insights from over a hundred scale-up journeys, providing world-class operational support through a comprehensive Operating Partner team. The firm emphasizes responsible investing and positive growth equity, aiming to empower technology CEOs to scale rapidly while maintaining their original purpose and values. Frog invests in companies with revenues of €3m-€30m requiring €5m-€20m of growth capital, focusing on two core themes: digital infrastructure and smart data.
Notable quotes
“Mike Reid sold me on his vision for Frog, which he saw as meeting a need in the market for growth-stage capital combined with substantive value-add expertise to maximize our portfolio companies' chances of success.”
Recent investments
| Company | Round | Size | Date |
|---|---|---|---|
| Oxford Medical Simulation | Series A | $12m | 2024-01-16 |
| Clue Software | Growth | $5m | 2024-02-06 |
| McMakler | Series D | — | 2023-07-06 |
| Modulr | Series C | $100m | 2022-05-13 |
| Housfy | Series B | — | 2022-05-11 |
| Evotix | Exit | — | — |
| Caspar | Growth | — | — |
| Winningtemp | Growth | — | — |
| Genasys | Growth | — | — |
| Vulog | Growth | — | — |
Frequent co-investors
| VC firm | Deals together |
|---|---|
| General Atlantic | 1 |
| Highland Europe | 1 |
| ACF Investors | 1 |
| Mutschler Ventures | 1 |
| A/O PropTech | 1 |
| Salica Investments | 1 |
Fit check
Is Frog Capital a match for your startup?
Upload your deck and get an instant AI-powered fit analysis — see exactly how your startup aligns with this investor's thesis, stage focus, and ticket size.
Analyse your fit