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Frumtak Ventures

8 employees

Frumtak Ventures invests in teams and ideas that solve real-world problems and reinforces Iceland's reputation for profitable innovation.

Investor insights

Sectors invested in

Software14
Mobile6
Information Technology6
Data Integration5
SaaS5
Banking4
data enrichment4
Savings rules4
digital bank4
Money Management4
ESG4
Mobile Banking4
Transaction Driven Marketing4
Cashflow assistant4
CSR4
banks4
Online Banking4
Personal Finance4
Banking solutions4
carbon insight4

Funding rounds participated in

$2.5M sweet spot round size

Most of their 29 investments are in rounds between $2M and $8.3M

Investor type

Government Office
Venture Capital

Basic info

Industry

venture capital and private equity principals

Sectors

Scaling startups
Private Equity
Financial Services
Finance
Growth and revenue
Venture Capital

Date founded

2008

Investments made

T

Treble Technologies raised $5.8M on December 6, 2022

Investors: Frumtak Ventures

U

Undisclosed raised $2.3M on May 18, 2022

Investors: Frumtak Ventures

S

SidekickHealth raised $55M on May 5, 2022

Investors: Novator Partners Llp, Asabys Partners, Wellington Partners and Frumtak Ventures

U

Undisclosed raised $1.9M on January 5, 2022

Investors: NSA Ventures and Frumtak Ventures

U

Undisclosed raised $2.3M on December 15, 2021

Investors: Frumtak Ventures

A

Ankeri raised $2.3M on October 13, 2021

Investors: Frumtak Ventures

M

Meniga raised $12M on March 25, 2021

Investors: Groupe BPCE, Industrifonden, Islandsbanki and Frumtak Ventures

S

SidekickHealth raised $20M on October 28, 2020

Investors: Asabys Partners, Wellington Partners, Novator Partners Llp and Frumtak Ventures

C

Controlant raised $15M on September 30, 2020

Investors: VÍS Insurance Ltd (Vátryggingafélag Íslands), Sjóvá-Almennar tryggingar hf and Frumtak Ventures

M

Meniga raised $9.4M on May 28, 2020

Investors: Groupe BPCE, Industrifonden and Frumtak Ventures

FAQ