TOP 100 Swiss Startup Alumn Frontify Raises $22.3 million

29.01.2020 08:46, Gianmaria Sbetta

Led by EQT Ventures, Frontify closes the Series B fund and looks to accelerate growth and development of the brand management platform while expanding its worldwide reach with Series B funding.

St.Gallen-based brand management startup Frontify has raised a $22.3 million Series B funding round led by the EQT Ventures fund with participation from existing investors, including Blossom Capital, Datartis Ventures and Thomas Dübendorfer, Tenderloin Ventures, and Myke Näf. After a successful $8.3 Series A round in October 2018 and the expansion to New York City, the new funding will be used for global expansion, particularly across North America and Europe, alongside continued product innovation in the company’s movement to trailblaze the brand management category; an increasingly critical tool for building long-term business and brand value.

Frontify was founded in 2013 and ranks among the TOP 100 startups of Switzerland. Roger Dudler, founder and CEO, first came in contact with the startup ecosystem through a Venturelab workshop. “Many years ago I attended the Business Plan course of Venturelab and gathered my first experiences with business plans and pitches. Although not for Frontify, the course motivated me and had a lasting impact on me.”