What is Project Frog?
Project Frog operates at the intersection of construction technology and manufacturing, providing industrialized building solutions that streamline the transition from design to occupancy. By utilizing prefabricated components, the company addresses systemic inefficiencies in the retail, education, and healthcare sectors. Their market position is defined by a commitment to reducing construction timelines and costs while simultaneously elevating building quality. Through the integration of advanced logistics and proprietary building programs, Project Frog enables developers and owners to modernize their infrastructure projects, effectively mitigating the risks associated with traditional, site-built construction methods.
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 RockPort Capital, Charles McDermott, Claremont Creek Ventures, Greener Capital, General Electric, Paul Straub, 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
McNally Capital
A transformative private investment firm focusing on partnerships with founder- and family-led businesses in the industrial technology and services sectors.
Trinity Capital Investment
An international alternative asset manager specializing in private credit, tech lending, and asset-based financing for high-growth companies.
Comerica
A diversified financial services company providing comprehensive banking and wealth management solutions to business and institutional clients.
What's next for Project Frog?
With a history of major enterprise-level funding, Project Frog is well-positioned to capitalize on the increasing demand for sustainable and efficient building practices. The company's strategic focus will likely shift toward scaling its manufacturing capacity and expanding its footprint in high-growth sectors. By maintaining strong relationships with institutional backers and leveraging its established technological framework, the firm is poised to further disrupt the construction industry. Future initiatives will likely prioritize the optimization of supply chain logistics and the continued refinement of its prefabricated building systems to meet the evolving needs of global developers.
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