Get to know each other
We want to engage you as early in your development process as possible. There’s no need to have a perfect pitch deck or even a prototype for the first meeting. Email us directly.
Step 1
Keep up the conversation
In our minds, this phase is like dating. We meet a few times and dive deep into the market opportunity and business model.Step 2
Meet the whole team
You pitch to all Frumtak Ventures partners as well as our board, made up of business leaders. From there, we decide if there is potential for strong partnership.
Step 3
Perform due diligence
We review your company top-to-bottom and discuss the findings as a team. In-line with the ethos of our firm, our investment process is consensus-driven.Step 4
Add value from day one
As soon as the deal is signed, we become your partner. We are never just a check and want to be your first call for help in good times and in bad.Step 5
Process
At Frumtak Ventures, we champion founders who have demonstrated early traction and have potential to become global leaders in their space.
We take a concentrated, high-conviction, and high-involvement approach to investing and dedicate ourselves to collaboratively work with our portfolio companies from the seed stage through IPO. Our initial ticket size usually ranges from €1 million to €3 million.
Frumtak by the numbers
Approach
How we invest
Managing Partner
Svana Gunnarsdóttir
General Partner
Ásthildur Otharsdóttir
General Partner
Andri Heiðar Kristinsson
Chief Financial Officer
Rakel Sigurðardóttir
Chief Legal Officer
Fróði Steingrímsson
Analyst
Brynja Í. Eyjólfsdóttir
Chairman of the Board
Magnús Þór Torfason
Board Member
Magnús Magnússon
Board Member
Sigridur Sigurdardottir
Partner Emeritus
Eggert Claessen
Investments
AUM
Initial ticket size
What our founders are building
Portfolio
Team
Meet our team
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Who we back
Kringlan 7
103 Reykjavík
Iceland
frumtak@frumtak.is
Kringlan 7
103 Reykjavík
Iceland
frumtak@frumtak.is
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