Ireland’s Frontline Ventures Raises $200M for B2B Startups in US and UK

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Dublin-based Frontline Ventures has secured $200 million to help B2B start-ups in the US and UK.

The new funding will be split between the firm’s two funds – Frontline Seed and Frontline Growth – continuing the firm’s existing strategies, with a focus on B2B software companies.

Frontline Seed backs early-stage European startups, setting them on the path for Series A and eventually initial public offering (IPO), while also helping them launch across the US.

Frontline Growth backs US companies between Series B and Series D stages, offering hands-on support to CEOs to help them expand in Europe.

Founded in 2012, Frontline Ventures has offices in London, Palo Alto and New York City, aside from its headquarters in Dublin. Since its inception, the venture firm has invested in more than 100 start-ups across Europe and North America.

Some of its investments include Navan, Signal AI, Travelnest, TechTree, and Workvivo (which was acquired by Zoom), among others.

According to Crunchbase, Frontline Ventures had raised nearly $300 million in funds up until 2021. With the new funding, it takes the venture firm’s total funds to date to $500 million.