Frumtak
General contacts
Investor type
VC
Founded
2008
AUM
$199 M
Location
Reykjavik, Capital Region, Iceland
Investor profile last updated: 25 February, 2025
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
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
|
Contacts
Name
Title
Email
Social Networks
Investment-team contacts for Frumtak — including verified work emails and LinkedIn profiles — are available to Private Equity List subscribers.
Instant access on the web. Plans from $129/month — see pricing.
Instant access on the web. Plans from $129/month — see pricing.
Contacts sourced from the firm's website and LinkedIn, re-verified on a rolling cycle. Spot a stale contact, or none at all? Report it — we re-run that firm within 48h and get back to you.
FAQs about Frumtak
Is Frumtak a venture capital or private equity firm?
Frumtak is a venture capital firm. It backs companies at Seed, Series A, Series B and Late Stage (Series C+), writing tickets of $5-10 m.
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
What are the contacts of Frumtak?
Frumtak can be reached through its website frumtak.is/english, its LinkedIn page and its X account. Its general enquiries address is frumtak@frumtak.is. Cold-mailing a general inbox rarely reaches a partner, so Private Equity List also lists the investment-team contacts for Frumtak — names, roles, verified work emails and LinkedIn profiles — available on a Pro plan from $129/month (see pricing). Contacts are sourced from the firm's website and LinkedIn and re-verified on a rolling cycle. Spot a stale contact, or none at all? Report it — we re-run that firm within 48h and get back to you.
Can I access Frumtak data via API or MCP?
Yes. Every field on this page — profile, funds, investment criteria, portfolio and investment-team contacts — is available programmatically through the Private Equity List REST API and MCP server, so AI assistants such as Claude and ChatGPT can query Frumtak directly instead of scraping this page. One subscription covers both the web app and machine access — see API & MCP.
When was the Frumtak profile last updated?
Private Equity List re-verifies investor profiles on a rolling cycle, pulling from the firm's own website and LinkedIn rather than a one-off import. This profile was last updated on 25 February, 2025. Something out of date here? Report it — we re-run that firm within 48h and get back to you.