# Frontier Growth: portfolio, investments and team

> Frontier Growth is a vc firm based in United States. 3 investments on record, 2 in the last 12 months, latest Oct 2026.

Source: https://millionrounds.com/fund/frontier-growth (Millionrounds; every figure on the page links to its filing or article)

United States · [Investor](https://millionrounds.com/investors)

# Frontier Growth

Last cheque observed Oct 2026; 3 cheques on record.

Email

VC firm Deploying now

Seed Series A Series B Recurring Prosumer Subscription

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Deploying now

**100%** of best year **2** **cheques in 12 months**, 3 on record

Since the last cheque **9** days **00** hrs **00** min **00** sec

Median round **$27M** Cheque size, as they say **$3.0M – $30M** Rounds led **3 of 3** Sole investor **2 rounds**

Pitch Frontier Growth

## Frontier Growth highlights

- 01 2 cheques in the last 12 months
- 02 Mostly Series B and Series A: 100% of its rounds
- 03 Sole investor in 2 rounds, median $27M

## What they do

> Growth Equity Partner for Vertical SaaS companies through their growth journey From their own website

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** $3.0M – $30M as they say
- **Stages:** Seed Series A Series B Growth
- **Sectors:** Recurring Prosumer Subscription
- **Based in:** Charlotte, United States
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **3 appearances**

- **2026** 2 rounds
- **Oct** **[Hive](https://millionrounds.com/company/hive)** Series B · US · Pulse 2.0 **$27M** *Led*
- **Feb** **[Hauler Hero](https://millionrounds.com/company/hauler-hero)** Series A · US · TechStartups **$16M** *Led*
- **2025** 1 round
- **Oct** **[Hive](https://millionrounds.com/company/hive)** Series B · CA · BetaKit **$27M** *Led*

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The team

Named by the firm itself, on a filing, its Form ADV or its company registration **3 named**

AD **Andrew David Lindner** Managing Partner i Form ADV

LP **Lori Phillips Shell** CCO & CFO i Form ADV

RT **Richard Thomas Maclean** Managing Partner i Form ADV

We also hold **12** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

## What the register says

From the firm's own filings with the SEC, which it must file accurately by law

**$1.6B** assets it manages Oct 2026

**Registered** investment adviser full reporting to the SEC

- **Legal name:** FC Capital Management LLC
- **SEC number:** CRD 161220

Funds on its Form ADV

**6** private funds, **$1.4B** in gross assets · filed Oct 2024

- Frontier Fund V-A, L.P. *Private equity* 33 investors $689M
- Frontier Fund V-B, L.P. *Private equity* 15 investors $315M
- Frontier Fund IV, L.P. *Private equity* 26 investors $312M
- Frontier Opportunity Fund-A, L.P. *Private equity* 22 investors $87M
- Frontier Opportunity Fund-B, L.P. *Private equity* 5 investors $21M
- Frontier Fund III, L.P. *Private equity* 24 investors $15M

## The cheque

Seed Series A Series B

Median round joined **$27M** the round, not its cheque Alone, median **$27M**

Led 3 of 3 rounds **100%**

- **Said size:** $3.0M – $30M
- **Sole investor:** 2 rounds
- **Last cheque:** Oct 2026

Rounds by stage said on their site

- Series B said *2*
- Series A said *1*
- Seed said *-*
- Growth said *-*

Cheques by month Led Joined

Dec 2023 Nov 2026

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## Recently backed

The latest companies Frontier Growth put money into.

[**Hive** $27M · Oct 2026](https://millionrounds.com/company/hive)[**Hauler Hero** $16M · Feb 2026](https://millionrounds.com/company/hauler-hero)

## Quick answers about Frontier Growth

### What does Frontier Growth invest in?

Frontier Growth invests most often at Series B and Series A (100% of the rounds on record), in sectors such as Recurring, Prosumer and Subscription.

### How active is Frontier Growth?

3 investments on record, 2 of them in the last 12 months, and it led 3. The most recent was in Oct 2026.

### What has Frontier Growth invested in recently?

Its most recent investments on record: Hive (Series B, Oct 2026) and Hauler Hero (Series A, Feb 2026).

### How big are Frontier Growth's cheques?

The median round it joins is $27M. It says it writes cheques of $3.0M to $30M.

### Is Frontier Growth investing now?

Yes: it is actively investing, with 2 investments in the last 12 months.

### What kind of investor is Frontier Growth?

Frontier Growth is a VC firm based in Charlotte, United States.

### How much does Frontier Growth manage?

About $1.6B, as regulatory assets under management (Oct 2026).

### When was Frontier Growth founded?

Frontier Growth was founded in 1999.

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