Frumtak
General contacts
Investor type
VC
Founded
2008
AUM
$199 M
Location
Reykjavik, Capital Region, Iceland
$5-10 m
Investment Ticket
5-7 years
Investment Horizon
Seed,
Series A,
Series B,
Late Stage (Series C+)
Investment Stage
Sale to strategic investor,
IPO,
M&A
Exit Strategy
Investor profile last updated: 27 July, 2026
Profile
We at Frumtak encourage entrepreneurs to visit us for a “chat” because the conversation can deliver more value than an investment. As Frumtak is a growth fund, the companies we invest in need to have a product, a customer and turnover in order to be eligible for investment. Even though this is not often the case, the „chat“ enables us to get acquainted, which saves time later on if the company is considered for investment. The „chat“ establishes a foundation for a mutual understanding and to forming a band of trust which is the premise of working together in the future.
Industry
Region of investment
Frumtak Funds
| Name | Type |
|
|
|
Size | AUM | Launch date |
|---|---|---|---|---|---|---|---|
|
Frumtak II
|
Venture Capital (VC)
|
Financial Services
Media and Entertainment
Retail
Software
|
Pre-seed
Seed
|
Europe
|
$5-10 m
|
$33 M
|
June 2015
|
|
Frumtak III
|
Venture Capital (VC)
|
Financial Services
Fintech
Healthcare Services
SaaS
Travel
Logistics
ClimateTech
|
Seed
Series A
|
Europe
|
$5-10 m
|
$57 M
|
June 2021
|
|
Frumtak IV
|
Venture Capital (VC)
|
Healthcare Services
SaaS
AI
|
Pre-seed
Seed
|
Europe
|
$5-10 m
|
$87 M
|
July 2024
|
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FAQs about Frumtak
Where is Frumtak located?
Frumtak is located in Reykjavik, Capital Region, Iceland.
When was Frumtak founded?
Frumtak was founded in 2008.
What sectors and industries does Frumtak invest in?
Frumtak invests in companies and startups in Education, Edtech, Fintech, Healthcare Services, Marketing and Advertising, Media and Entertainment, Software, Transportation, Travel, HRTech, Financial Services, Retail, SaaS, Logistics, ClimateTech, AI.
What is Frumtak geographical focus of investments?
Frumtak invests in companies and startups in North America, Europe.
At what stages of companies and startups does Frumtak typically invest in?
Frumtak invests in companies and startups at Seed, Series A, Series B, Late Stage (Series C+).
What is the usual amount of Frumtak investment?
Frumtak usually invests $5-10 m on average.
What is the amount of assets of under management (AUM) for Frumtak?
Frumtak has around $199m assets under management.
When was Frumtak last fund created?
Frumtak last fund was created/launched in 2024-07-10