GB Group

GB Group

Investment status: Exited

Investment Lead: Mike Reid

GB Group

What GB Group do

Frog exited in 2013

GB Group verify identity and location. At the forefront of a fast-moving new business sector that’s forming a major part of the digital economy’s infrastructure – the identity sector.

They use deeply embedded partnerships to access an unparalleled breadth of data. Their software solutions make use of machine learning, facial recognition, and many other cutting edge technologies. They maintain the highest standards of data integrity and demand the same of our partners and clients.


frog made a great return


global ID verification


clients in 79 countries

Why we invested in GB Group

Digital identity and ID verification is now a mature, high profile industrial category. In 2009, when Frog invested in GB Group, it was a little known, upandcoming market. Frog foresaw the growing regulatory drivers, shift to online commerce and requirement for lower cost solutions, three themes that GB Group address better than other growth companies that Frog was tracking in the sector.

Frog worked closely with Richard and his team to find a new chairman, develop and execute a successful M&A strategy and to invest in a new platform resulting in higher growth and a strong international expansion.

“Frog worked closely with my team and me to add new talent to the Board, to move from the main market to AIM, and to back the acquisition of four companies, one of which involved a rights issue. They have many contacts, particularly in the technology arena. Accordingly they proactively provided us with valuable intelligence, business leads and strategic observations on how they see key markets are developing." Richard Law, Former CEO

Mike Reid


Mike Reid