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The Venture Codex

Overview

Growth equity firm focused on software and technology-enabled services.

Founded

1999

Deals ยท 12mo

3

Stage focus

Series A
Series B

Geographic focus

Canada
United States

Sector focus

CivicTech
Digital Marketing
Enterprise Software
GovTech
...

Investment portfolio

9rounds
NAMEDATESIZE
Hive
Oct 2026Led
$27 MSeries B
Hauler Hero
Feb 2026Led
$16 MSeries A
PodPlay Technologies
Oct 2025Led
$8 MSeries A
Prism.fm
Dec 2023Led
$5 MSeries B
Property Meld
Jan 2023Led
$15 MSeries B
SupplyPike
Jul 2022Led
$25 MSeries B
Wealthbox
Mar 2022Led
$31 MSeries B
ClearGov
Jan 2022Led
$20 MOther Equity
ServiceTrade
Dec 2021Participated
$85 MOther Equity
Hive
Oct 2026Led
$27 MSeries B
Hauler Hero
Feb 2026Led
$16 MSeries A
PodPlay Technologies
Oct 2025Led
$8 MSeries A
Prism.fm
Dec 2023Led
$5 MSeries B
Property Meld
Jan 2023Led
$15 MSeries B
SupplyPike
Jul 2022Led
$25 MSeries B
Wealthbox
Mar 2022Led
$31 MSeries B
ClearGov
Jan 2022Led
$20 MOther Equity
ServiceTrade
Dec 2021Participated
$85 MOther Equity
9
Items
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Insights

Time horizon

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Deal Distribution

Frontier Growth: 9 funding rounds are recorded in the selected participation categories.All available history.
Frontier Growth: 9 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Series A20
Series B50
Other Equity11

Monthly Deal Activity

Frontier Growth: 9 deals are recorded across 59 months.All available history.
Frontier Growth: 9 deals are recorded across 59 months. All available history
MonthDeals
Dec '211
Jan '221
Feb '220
Mar '221
Apr '220
May '220
Jun '220
Jul '221
Aug '220
Sep '220
Oct '220
Nov '220
Dec '220
Jan '231
Feb '230
Mar '230
Apr '230
May '230
Jun '230
Jul '230
Aug '230
Sep '230
Oct '230
Nov '230
Dec '231
Jan '240
Feb '240
Mar '240
Apr '240
May '240
Jun '240
Jul '240
Aug '240
Sep '240
Oct '240
Nov '240
Dec '240
Jan '250
Feb '250
Mar '250
Apr '250
May '250
Jun '250
Jul '250
Aug '250
Sep '250
Oct '251
Nov '250
Dec '250
Jan '260
Feb '261
Mar '260
Apr '260
May '260
Jun '260
Jul '260
Aug '260
Sep '260
Oct '261

Sector Breakdown

Frontier Growth: Networks, Cloud & Communication is the largest displayed sector by deal count (3 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

Frontier Growth: Networks, Cloud & Communication is the largest displayed sector by deal count (3 deals). All available history
SectorDeals
Networks, Cloud & Communication3
Enterprise Software3
E-Commerce & Retail3
Data, Analytics & IT2
Hardware & Robotics1
Marketing & Advertising1
Government & Defense1
Media & Entertainment1
AI & Machine Learning1
Real Estate & Construction1
Transportation & Logistics1

Deal Size Distribution

Frontier Growth: 9 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

Frontier Growth: 9 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M0
$5M-$10M2
$10M-$25M3
$25M-$50M3
$50M-$100M1
$100M-$250M0
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

Frontier Growth: United States has the largest recorded deal count among the displayed regions (8 deals).All available history.

Top 2 of 2 regions; European countries are grouped as Europe.

Frontier Growth: United States has the largest recorded deal count among the displayed regions (8 deals). All available history
RegionDeals
United States8
Canada1
Frontier Growth: 11 co-investors are shown, with Advantage Capital sharing 1 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

Click a bubble to open that fund in a new tab.

Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

Frontier Growth: 11 co-investors are shown, with Advantage Capital sharing 1 recorded deals. All available history
Co-investorShared deals
Advantage Capital1
Badlands Capital1
Blumberg Capital1
Bull City Venture Partners1
I2BF Global Ventures1
JMI Equity1
K5 Global1
Noro-Moseley Partners1
Somersault Ventures1
South Dakota Equity Partners1
Vesta Ventures1

Investment Strategy

Frontier Growth: Led accounts for 89% and participating for 11% of round participation.All available history.
Frontier Growth: Led accounts for 89% and participating for 11% of round participation. All available history
CategoryDeals (count)Share (%)
Led889%
Participating111%
Frontier Growth: Single-lead accounts for 88% and co-led for 13% of lead dynamics.All available history.
Frontier Growth: Single-lead accounts for 88% and co-led for 13% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead788%
Co-led113%

Team

Andrew Lindner

Managing Partner

Dave Pandullo

Principal

Joel Lanik

Partner

Richard Maclean

Managing Partner

Rob Smalling

Operating Partner

Scott Hoch

Partner

Tim Bechtold

Principal