What is Project Frog?
Project Frog operates at the intersection of construction technology and manufacturing, providing industrialized building solutions that address systemic inefficiencies in the design-to-occupancy lifecycle. By utilizing prefabricated components, the company serves critical sectors such as healthcare, education, and retail, effectively mitigating the risks of cost overruns and project delays. Their market position is defined by a commitment to high-quality, technology-driven construction programs that modernize traditional development workflows for building owners and developers.
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 Prelude Ventures, RockPort Capital, Paul Straub, Greener Capital, General Electric, Claremont Creek Ventures, and Charles McDermott
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 Construction Group is a leading contractor in the Dallas-Fort Worth area, specializing in medical and commercial office design, construction, and interior finish-out.
Comerica
Founded in 1849, Comerica Incorporated is a financial services company that is aligned into three major business segments: the business bank, the retail bank, and wealth & institutional management.
Trinity Capital Investment
Trinity Capital is an international alternative asset manager that specializes in providing investors with stable and consistent returns through exclusive access to the private credit market.
What's next for Project Frog?
With a history of sustained capital infusion, Project Frog is well-positioned to deepen its market penetration in the industrialized construction space. The strategic focus moving forward will likely involve scaling its proprietary logistics and manufacturing capabilities to meet the rising demand for sustainable, high-performance building solutions. As the firm transitions into its next phase of maturity, the integration of advanced digital tools and expanded service offerings will be pivotal in maintaining its competitive edge against traditional construction incumbents.
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