The Sweet Spot.

Backing European Software Scale-Ups.

Frog focuses on the growing opportunity emerging between venture capital and private equity. Over the past 15 years we have seen a huge influx of startup businesses take advantage of the digital revolution.

This has created a new category of businesses called Scale-Ups


They have a great team in place, achieved product market fit, and have the potential to continue growing strongly with the right support.

We invest capital in equity rounds of €5m – €20m in companies with annualised revenues of typically €3m – €30m. We invest in sectors we have in-depth understanding, such as EdTech, FinTech, PropTech, Retail, and Industry 4.0.

We invest our expertise to make the Scale-Up phase a science, not an art. Together with our network, we’re continually improving the Scale-up Methodology to help businesses succeed.