About Frontline Ventures
Frontline Ventures is a venture capital firm founded in 2012. It is primarily based out of Dublin, Ireland. As of Sep 2026, Frontline Ventures is an active investor, having invested in 136 companies, with 13 new investments in the last 12 months. It primarily invests in Seed round in Ireland based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to High Tech and FinTech. Most recently it participated in the $***** Seed round of HelmGuard Overall, Frontline Ventures portfolio has seen 6 unicorns, 1 IPO and 31 acquisitions including key companies like Navan, Vanta and Melio. A lot of funds co-invest with Frontline Ventures, with names like Enterprise Ireland sharing a substantial percentage of its portfolio. Frontline Ventures has team of 17 people including 10 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series A & 6 more
Portfolio IPOs
Portfolio Acquisitions
Deals in last 12 months
Frontline Ventures' List of Top Investments
Frontline Ventures has a portfolio of 136 companies, including 6 unicorns. Their most notable investments are in Hometree and Appital.Their portfolio spans across United States, Ireland, United Kingdom and 16 more locations. They have invested in Enterprise Applications, High Tech, FinTech and 25 other sectors, across stages such as Seed, Series A and 6 more. Here is the list of top investments by Frontline Ventures:
1. Navan
Provider of a platform for business travel and expense management. The platform offers tools for booking trips, managing expenses, and processing payments. It provides features such as travel program management, analytics, and support services. The platform also allows for expense tracking, corporate card integration, and security measures.
Key facts about Navan
- Founded Year: 2015
- Location: Palo Alto (United States)
- Stage: Public
- Total Funding till date: $1.58B
- Employee Count: 3,755 as on Aug 31, 2026
- Investors: Goldman Sachs, Comerica and 23 Others
- Latest Funding Round: Series G, Oct 13, 2025, $*****
- Highlight: Public
2. Lunchbox
Provider of online ordering solutions for restaurants. It provides its solutions in the form of app ordering, kiosk ordering, web ordering, digital menu ordering, and more. Its features include loyalty programs, menu management, order management, and more. It also offers marketing solutions like drip marketing, pushes notification, print marketing, up-selling, and more.
Key facts about Lunchbox
- Founded Year: 2019
- Location: New York City (United States)
- Stage: Series B
- Total Funding till date: $72.1M
- Employee Count: 191 as on Aug 31, 2026
- Investors: 645 Ventures, Frontline Ventures and 20 Others
- Latest Funding Round: Series B, Mar 10, 2025, $*****
- Highlight: Editors' Pick
3. Vanta
Provider of a platform for automating security and compliance programs. The platform offers continuous governance, risk, and compliance management. It facilitates personnel access control, risk management, and third-party risk oversight. The platform also provides questionnaire automation, trust center functionalities, and streamlined audit processes. It integrates with various tools and offers an application programming interface for custom integrations.
Key facts about Vanta
- Founded Year: 2018
- Location: San Francisco (United States)
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $504M
- Employee Count: 1,995 as on Aug 31, 2026
- Investors: Goldman Sachs, Workday Ventures and 22 Others
- Latest Funding Round: Series D, Jul 23, 2025, $*****
- Highlight: Editors' Pick
4. Melio
Provider of accounts payable and receivable solutions for businesses. The platform offers tools for paying vendors, sending invoices, and managing business finances. Features include mobile access, bank transfers, and card payment options. It facilitates approval workflows, bill capture, and tax form management. The platform also provides international payment capabilities and options for paying over time.
Key facts about Melio
- Founded Year: 2018
- Location: New York City (United States)
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $654M
- Employee Count: 698 as on Jul 31, 2026
- Investors: Salesforce Ventures, Company Capital and 26 Others
- Latest Funding Round: Series E, Oct 31, 2024, $*****
- Highlight: Acquired
5. Thimble
Thimble provides online liability insurance for small businesses. It offers coverage for contractors, freelancers, cleaners, photographers, beauty professionals, personal trainers, janitors, and more. It features on-demand policies based on hours, days, and months.
Key facts about Thimble
- Founded Year: 2015
- Location: New York City (United States)
- Stage: Acquired
- Total Funding till date: $29M
- Employee Count: 56 as on Sep 30, 2026
- Investors: Graph Ventures, MS&AD Ventures and 13 Others
- Latest Funding Round: Series A, Oct 15, 2019, $*****
- Highlight: Acquired
Frontline Ventures' Year-on-Year Investment Trends
Frontline Ventures has invested in 136 companies over the last 16 years, with an average of 8 new investments annually in the last 10 years. In 2025, it made 14 investments, while as of Sep 2026, it has made 9 investments in this year. Its most recent first time investment was in HelmGuard and most recent follow-on round was in Seapoint.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 7 | 2 | 9 |
2025 | 11 | 3 | 14 |
2024 | 5 | 1 | 6 |
2023 | 3 | 4 | 7 |
2022 | 8 | 6 | 14 |
2021 | 17 | 6 | 23 |
2020 | 7 | 5 | 12 |
2019 | 7 | 4 | 11 |
2018 | 7 | 7 | 14 |
2017 | 10 | 4 | 14 |
Frontline Ventures' Investments by Stage
Frontline Ventures has made 66 investments in Seed stage with an average round size of $3.05M, 21 investments in Series A stage with an average round size of $11.2M and 5 investments in Series B stage with an average round size of $54.8M.Stage of entry | No. of Investments |
|---|---|
Seed | 66 |
Series A | 21 |
Series B | 5 |
Series C | 5 |
Series E | 2 |
Others | 3 |
Note: We have considered here, only first round of investments
Frontline Ventures' Investments by Sector
Frontline Ventures has a diverse portfolio, with companies operating in the Enterprise Applications, FinTech, Vertical SaaS, High Tech and Enterprise Infrastructure. Notably, it has invested in 126 Tech companies, 113 Enterprise (B2B) companies, 101 Software companies and at least 64 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 76 |
FinTech | 24 |
Vertical SaaS | 22 |
High Tech | 19 |
Enterprise Infrastructure | 16 |
Others | 90 |
Note: We have considered here, only first round of investments
Frontline Ventures' Investments by Geography
Frontline Ventures has made most investments in Ireland (27), followed by United States where it has made 26 investments.Country | No. of Investments |
|---|---|
Ireland | 27 |
United States | 26 |
United Kingdom | 23 |
Germany | 5 |
Denmark | 3 |
Others | 16 |
Note: We have considered here, only first round of investments
Frontline Ventures' recent investments
Frontline Ventures has made 9 investments in 2026 so far. HelmGuard and Helm Guard are the latest among them.Here are the most recent investments by Frontline Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Sep 10, 2026 | Malaysia | Seed | 5867 | [+3] | |
Sep 09, 2026 | United States | Seed | 4734 | [+3] | |
Jun 02, 2026 | United States | Seed | 4965 | [+3] | |
Apr 22, 2026 | Finland | Seed | 7988 | [+1] | |
Apr 21, 2026 | Ireland | Seed | 7699 | [+4] |
Unicorns in Frontline Ventures' Portfolio
Frontline Ventures has 6 unicorns in its portfolio - LangChain, Vanta, People.ai and others. The most recent unicorn in their portfolio is LangChain. It became a unicorn in 2025.Here is a list of unicorns in Frontline Ventures' portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
70 | Developer of tools for building, testing, and deploying AI agent applications | 2022 | San Francisco | Series B | rqcnjvz | ||
77 | Provider of a platform for automating security and compliance programs | 2018 | San Francisco | Series D | zhbpaxj | ||
66 | Developer of an AI revenue platform for sales team enablement | 2016 | San Francisco | Series D | {ex{uqy | ||
70 | AI based conversational marketing solutions for ecommerce businesses | 2016 | New York | Series E | ycqlnvw | ||
75 | Revenue-based financing solution | 2015 | Toronto | Series D | zzdv{xt |
IPOs and Publicly Listed companies in Frontline Ventures' Portfolio
1 of Frontline Ventures' portfolio company became public - Navan. It got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in Oct 2025 at marketcap of $5.82BHere are Frontline Ventures' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Oct 30, 2025 | - | - | 8974 |
Acquired companies in Frontline Ventures' Portfolio
31 companies from Frontline Ventures' portfolio have been acquired. The most recent acquisition was DroneDeploy in Jul 2026 by Procore for $*****.Here are Frontline Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jul 30, 2026 | Feb 04, 2021 | Series E | 7790 | |
Mar 11, 2026 | Dec 15, 2021 | Series C | 8872 | |
Jan 15, 2026 | May 02, 2024 | Series C | 9423 | |
Jan 12, 2026 | 2018 | Seed | 1514 | |
Oct 28, 2025 | Oct 22, 2019 | Series A | 7845 |
Team profile of Frontline Ventures
Frontline Ventures has a team of 17 members including 10 Partners and 5 Principals located in United Kingdom, Ireland and 1 more location. Frontline Ventures' team sits on the board of 2 companies.Here is a list of top team members in Frontline Ventures:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Dublin | |||
Partner | Dublin | - | ||
Partner | Dublin | - | ||
Partner | London | - | - | |
Partner | London | |||
Partner | London | - | ||
Partner | Ireland | - | - | |
Partner | Palo Alto | - | ||
Partner | London | - | ||
Partner | Oxford | - | - | |
Principal | Ireland | - | - |
Co-investors of Frontline Ventures
Over the past 16 years, 781 investors have co-invested in Frontline Ventures's portfolio companies. This includes funds and angels.
- Invested before Frontline Ventures: Enterprise Ireland, Y Combinator and 202 others have invested in rounds before Frontline Ventures. There are 6 companies where Enterprise Ireland has invested before Frontline Ventures and 5 companies where Y Combinator has invested before Frontline Ventures.
- Top Co-investors of Frontline Ventures: 310 investors entered a company along with Frontline Ventures. These include investors like Enterprise Ireland (8 companies).
- Invested after Frontline Ventures: A total of 267 investors have invested in Frontline Ventures's portfolio after their investments. Top Investors include SVB (4 companies), FJ Labs (3 companies) and Molten Ventures (3 companies).
Recent News related to Frontline Ventures
•
HelmGuard Secures $7.3M Seed Funding to Scale AI Security Platform for Regulated IndustriesThe SaaS News•Sep 10, 2026•Helm Guard, Frontline Ventures, Infinity Ventures
•
Flagright Raises $12.5M Series A to Expand AI Compliance Platform and US PresenceThe SaaS News•Jun 17, 2026•Flagright, Infinity Ventures, Sella Direct Ventures, The Hindu and 7 others
•
$4.5M seed for Realm to advance AI in enterprise salesTech.eu•Apr 22, 2026•Realm, HubSpot, Frontline Ventures
•
Unleash Raises $35M Led by One Peak to Help Enterprises Ship AI-driven Software Faster, Safer, and SmarterBusiness Wire•Mar 04, 2026•One Peak, Unleash, Spark Capital, Firstminute Capital and 2 others
•
Toyo AI Raises $4.3M Seed Round for 'OpenClaw for Founders'Silicon Republic•Feb 17, 2026•Toyo Engineering Corporation, Tiny, Inovia Capital, Frontline Ventures and 1 other
•
Stanhope AI, co-founded by Irish woman Rosalyn Moran, raises $8mSilicon Republic•Feb 12, 2026•Stanhope AI, Auxxo, MMC Ventures, Paladin Capital and 2 others
•
Human brain-based AI startup raises £6mUKTN•Feb 12, 2026•Stanhope AI, Auxxo, Paladin Capital, Frontline Ventures
•
Tucuvi raises $20M in Series A led by Cathay Innovation and Kfund for its AI care management platformEl Referente•Jan 08, 2026•K Fund, Tucuvi, Cathay Innovation, Seaya and 6 others
•
Belgium's Donna Secures €4.1 Million to Scale AI Assistant for Field Sales TeamsEU-Startups•Dec 03, 2025•Sequoia Capital, Frontline Ventures
•
AirOps Raises $40M to Redefine How Brands Compete in the Era of AI SearchBusiness Wire•Nov 10, 2025•Air Ops, Unusual Ventures, Xfund, Wing Venture Capital and 2 others
