What is Project Frog?
Project Frog provides innovative prefabricated building solutions designed to improve construction quality while reducing costs and project timelines across sectors such as retail, education, and healthcare. By leveraging advanced technology and streamlined logistics, the company addresses persistent challenges in the construction industry. Their focus on industrialized construction services positions them as a key player in modernizing building processes for owners and developers seeking efficiency and reliability.
How much funding has Project Frog raised?
Project Frog has raised a total of $120.2M across 12 funding rounds:
Private Equity
$22.4M
Series C
$22M
Debt
$4.1M
Series D
$20M
Debt
$5.2M
Private Equity
$26.4M
Private Equity
$2.3M
Debt
$350K
Debt
$687K
Private Equity (2011): $22.4M, investors not publicly disclosed
Series C (2011): $22M backed by Claremont Creek Ventures, Paul Straub, Greener Capital, General Electric, RockPort Capital, Charles McDermott, and Prelude Ventures
Debt (2013): $4.1M, investors not publicly disclosed
Series D (2013): $20M led by McNally Capital
Debt (2014): $5.2M supported by Comerica and Trinity Capital Investment
Private Equity (2016): $26.4M, investors not publicly disclosed
Private Equity (2017): $2.3M, investors not publicly disclosed
Debt (2020): $350K with participation from PPP
Debt (2021): $687K led by PPP
Key Investors in Project Frog
RockPort Capital Partners
RockPort Capital Partners is an investment firm that has backed Project Frog, indicating a focus on companies within the construction and technology sectors. Their involvement suggests a belief in Project Frog's innovative approach to industrialized construction.
McNally Capital
McNally Capital is a private investment firm that partners with founder-, family-, and management-led businesses. Their participation in Project Frog's funding round highlights their interest in industrial technology and services.
Comerica
Comerica is a financial services company providing a range of banking and wealth management services. Their involvement in Project Frog's financing underscores the company's access to traditional financial backing for its growth initiatives.
What's next for Project Frog?
With the recent major strategic investment and a history of substantial enterprise-level funding, Project Frog is poised for significant expansion. The company's trajectory, marked by a series of debt and equity financing rounds since 2008, indicates a strong growth phase. This latest capital injection will likely fuel further development of their prefabricated building programs, enhance technological integration, and potentially broaden their market reach. The strategic nature of the recent financing suggests a focus on scaling operations and solidifying their position in the industrialized construction market.
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