History

Deeply Rooted in Software & Services

Where Experience and Focus Lead to Results

Headquartered in Charlotte, NC, Frontier Capital was launched in 1999 with a couple of desks purchased from an Office Depot. As a small, regionally-focused entrepreneurial investment firm, we believed focus was required for success. That focus was a business plan based on providing growth capital to software and services companies leveraging recurring revenue business models. At the time, many of these companies were neglected by private equity firms focused on traditional businesses and venture capital firms caught up in the dot-com boom.

Trusted Partner and Leader in Growth

We at Frontier have maintained the belief that relationships matter, investing our time and energy into establishing trust and rapport with our management teams prior to an investment. We have seen this approach pay meaningful dividends as we work alongside our management partners to navigate the challenges associated with building a market leader.

From humble beginnings, we now manage capital for some of the world’s most sophisticated institutional investors and are recognized nationally as a trusted partner and the leader in growth capital for middle market software and services companies.

Frontier Through The Years

  • 2018

    Frontier Invests in Vancouver Based Agreement Express

  • 2018

    Frontier Invests in Canada

    Final investment in Fund V and first platform investment in Canada.

  • 2017

    Frontier Closes Fund V

  • 2017

    Frontier Capital Invests in MediaRadar

    Inaugural investment in Fund V.

  • 2016

    Frontier sells HealthiestYou to Teladoc

    HealthiestYou is acquired for $155 million.  This was the first exit in Frontier Fund IV.  

  • 2015

    Frontier Welcomes ECI to the Family

    Human Capital Management provider, ECI, receives first investment from Frontier's new $390 million fund.

  • 2015

    Frontier Closes Fourth Fund

     Frontier holds Frontier Fund IV final close at $390 million. 

  • 2014

    Celebrating 15 Years

    Frontier celebrates its 15 year anniversary.

  • 2013

    Frontier Recognized

    Frontier receives recognition with Tech Titans Investment Catalyst Award in Dallas, TX.

  • 2013

    Frontier Heads West

    Frontier completes its first Investment in Utah with Multiling.

  • 2012

    Frontier Closes Third Fund

    Frontier holds Frontier Fund III final close at $250 million.

  • 2011

    Celebrating 10 Years

    Frontier celebrates 10 years of investing in SaaS.

  • 2011

    First Investments Completed in Midwest

    Frontier completes investments in Chicago based Celergo and Indianapolis based Healthx.

  • 2009

    Frontier Completes First Investments in Texas

     Frontier expands footprint with first investments in Texas.  In 2009, Frontier completed an investment in Dallas-based Viverae, followed by Social Solutions, and Lanyon Software.

  • 2008

    Business Development Team Launch

    In May of 2008, Frontier launched a new dedicated Business Development team.

  • 2007

    Frontier Closes Fund II at $115 Million

    In September of 2007, Frontier held the final close of Fund II.

  • 2006

    First Healthcare IT Investment Completion

    In September of 2006, Frontier completed our first Healthcare IT investment with Anodyne, which was eventually purchased by Athena Health.

  • 2002

    The Beginning of a Long-lasting Partnership

    In October of 2002, Frontier started a long partnership with operating partner, Tony Prince by investing in South Carolina based LURHQ which merged with Secureworks in Atlanta, GA and was eventually purchased by Dell.

  • 2001

    First SaaS Investment

    In June of 2001, Frontier completed its first SaaS investment with Atlanta, GA based Digital Envoy.

  • 2001

    Frontier Enters Managed Services

    In February of 2001, Frontier entered into the managed services vertical by investing in Charlotte, NC based Peak 10.

  • 1999

    $45 Million Debut Fund

    In July 1999, Frontier launched its $45 million Frontier Fund I.  This was structured as an SBIC and comprised of $15 million of LP capital and $30 million from the SBA.