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
$45 Million Debut Fund
In July 1999, Frontier launched our $45 million Debut Fund
Internet Bubble Burst
In March of 2000, the internet bubble burst as NASDAQ drops
Frontier Enters Managed Services
In February of 2001, Frontier entered into the managed services vertical by investing in Charlotte, NC based Peak 10
First SaaS Investment
First SaaS Investment In June of 2001, Frontier completed our first SaaS investment with Atlanta, GA based Digital Envoy
In September of 2001, Frontier moved from Uptown Charlotte to Historical Tompkins Toolworx Building In the up-and-coming Southend neighborhood. We soon set up a happy hour tradition at the nearby Sullivan’s Steakhouse
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
Frontier Invests in Accipiter Software
In June of 2004, Frontier invested in Accipiter Software, based in Raleigh, NC and delivered our first 100%+ IRR upon exit
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
Frontier Fund II Exceeds Target
In September of 2007, Frontier held the final close of Fund II, exceeding our target
Business Development Team Launch
In May of 2008, Frontier launched a new dedicated Business Development team
Frontier Does Vegas!
In July of 2008, the Frontier team celebrated the successful close of Fund II with a trip to Vegas
Frontier Moves Again
In August of 2008, Frontier moved our offices into the Metropolitan Building in Midtown Charlotte
Frontier Completes First Investment in Texas
In February of 2009, Frontier completed our first Texas Investment in Dallas-based population health management provider, Viverae
A Coastal Company Retreat
In September of 2009, the team traveled to Charleston, SC to engage in a strategic retreat
Frontier Invests in Lanyon Software
In November of 2009, Frontier’s second Texas investment was completed in Dallas-based Lanyon Software
In September of 2010, the team traded the beach for the mountains with another strategic retreat in Asheville, NC
First Investment Completed in Midwest
First investment in the Midwest completed in Chicago based Celergo
Celebrating 10 Years
Frontier celebrates 10 years of investing in SaaS
Take Me Out to the Ballgame
Frontier hosts friends of the firm at Brixen Ivy Rooftop at Wrigley Field.
Generating Over $1 Billion in Enterprise Value
Frontier portfolio companies surpass generating $1 billion of enterprise value.
$20 Million Investment
$20 million investment in Indianapolis based HealthX
Frontier Fund III Exceeds Target
Frontier holds Fund III Final Close exceeding target.
First Investment in Utah Market
First Investment completed in Utah Market with Multiling
Frontier recognized with Tech Titans Investment Catalyst Award in Dallas, TX
Celebrating 15 Years
Frontier celebrates 15 year anniversary
Frontier Continues Momentum with Oversubscribed Fund IV
Growth equity matures with Frontier Capital's new $390 million fund.
Frontier Welcomes ECI to the Family
Human Capital Management provider, ECI, receives first investment from new $390M fund.
Frontier Returns to Uptown Charlotte
Frontier moves to new office location at 525 N. Tryon in Uptown Charlotte
Frontier sells HealthiestYou to Teladoc
HealthiestYou Acquired for $155 Million.