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
Frontier Invests in Vancouver Based Agreement Express
Frontier Invests in Canada
Final investment in Fund IV and first platform investment in Canada.
Frontier Capital Invests in MediaRadar
Inaugural investment in Fund V.
Frontier Closes Fund V
Frontier sells HealthiestYou to Teladoc
HealthiestYou is acquired for $155 million. This was the first exit in Frontier Fund IV.
Frontier Welcomes ECI to the Family
Human Capital Management provider, ECI, receives first investment from Frontier's new $390 million fund.
Frontier Closes Fourth Fund
Frontier holds Frontier Fund IV final close at $390 million.
Celebrating 15 Years
Frontier celebrates its 15 year anniversary.
Frontier receives recognition with Tech Titans Investment Catalyst Award in Dallas, TX.
Frontier Heads West
Frontier completes its first Investment in Utah with Multiling.
Frontier Closes Third Fund
Frontier holds Frontier Fund III final close at $250 million.
Celebrating 10 Years
Frontier celebrates 10 years of investing in SaaS.
First Investments Completed in Midwest
Frontier completes investments in Chicago based Celergo and Indianapolis based Healthx.
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.
Business Development Team Launch
In May of 2008, Frontier launched a new dedicated Business Development team.
Frontier Closes Fund II at $115 Million
In September of 2007, Frontier held the final close of Fund II.
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.
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.
First SaaS Investment
In June of 2001, Frontier completed its first SaaS investment with Atlanta, GA based Digital Envoy.
Frontier Enters Managed Services
In February of 2001, Frontier entered into the managed services vertical by investing in Charlotte, NC based Peak 10.
$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.