Frigate

Tiruchirappalli, India Founded: 2011 • Age: 15 yrs Minicorn
Provider of on-demand manufacturing services and new product development

About Frigate

Frigate is a company based in Tiruchirappalli (India) founded in 2011 by Chandrasekar C, Iniyavan Vasanthan, and Vasanthan Tamizhinian. Frigate has raised $1.69 million across 2 funding rounds from investors including LetsVenture, Arali Ventures and Capital A. Frigate operates in a competitive market with competitors including Xometry, Hubs, TriMech, Ethereal Machines and VulcanForms, among others.

  • Headquarter Tiruchirappalli, India
  • Founders Chandrasekar C, Iniyavan Vasanthan, Vasanthan Tamizhinian
  • Stage Minicorn
  • Sectors
    Industrial Goods & Manufacturing
  • Website category Business and Consumer Services · Business Services
  • Email
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  • Phone
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  • Website frigate.ai
  • Social LinkedIn X Facebook
  • Legal Name Frigate Engineering Services Private Limited
  • Date of Incorporation 09 Mar, 2021
  • Jurisdiction Tiruchirappalli, Tamil Nadu, India
Key Metrics
  • Annual Revenue
    ₹20.95 Cr

    FY 2025 · +145% YoY

  • Net Loss
    -₹3.61 Cr

    FY 2025 · -17% margin

  • EBITDA
    -₹3.18 Cr

    FY 2025 · -15% margin

  • Total Equity Funding
    $1.69M (USD)

    in 2 rounds

  • Latest Funding Round
    $1.5M (USD), Seed

    May 2023

  • Investors
    LetsVenture

    & 24 more

Funding Insights of Frigate

Frigate has successfully raised a total of $1.69M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $1.5 million completed in May 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $1.69M
  • Total Rounds 2
  • Last Round Seed β€” $1.5M
  • First Round $185,000

    (Apr 2022)

  • Investors Count 25

All 2 funding rounds of Frigate with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
May 2023$1.5MSeed$6.41MArali Ventures
Apr 2022$185,000Seed$2.11MVel Kanniappan
Valuation history
DateValuationStage
May 2023$6.41Mβ€’β€’β€’β€’β€’β€’β€’β€’
Apr 2022$2.11Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $6.41M (May 2023). 25 investors in total: 8 institutional and 17 angel.

Investors in Frigate

Frigate has secured backing from 25 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include LetsVenture, Arali Ventures and Capital A.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Investment in B2B tech startups at pre-seed and seed stages across various sectors.
2018araliventures.inBengaluru, India
Venture capital funding is provided to Indian startups.
–capital-a.inBengaluru, India
Venture capital firm investing in tech sectors
–javacapital.coBengaluru, India
Forge Innovation & Ventures is focused on powering India’s innovation economy.
–forge-iv.coCoimbatore, India
Private equity firm focused on multiple sectors
–finanapartner.tcc.modeThiruvallur, India
-
–bulleon.in-
Online platform that connects startup founders with accredited investors, enabling early-stage fundraising and investment opportunities for private market growth
2013letsventure.comBengaluru, India
Manufactures and supplies steel bars, castings, and refractories in India.
2005bhuwalka.co.inBengaluru, India

Vignesh Ramanujam

Angel investor and tech leader, ex-Amazon, focused on Indian startups
–unknown_4e1e862be60742ea9-

Vel Kanniappan

-
–unknown_0f7574e962e04bd6a-
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Investor details for Frigate

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  • Round participation
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Verified entity values are shown only after access is granted.

Board of directors of Frigate Engineering Services Private Limited (Frigate)

Frigate Engineering Services Private Limited is the primary company behind Frigate. The board of Frigate Engineering Services Private Limited currently have 3 directors; the longest-serving is Vasanthan Tamizhinian, appointed in 2021. 2 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Vasanthan Tamizhinian
DIN 09097556
Director09 Mar 20215 yrs 7 moFrigate Engineering Services Private Limited
Iniyavan Vasanthan
DIN 09540904
Director22 Mar 20224 yrs 6 moFrigate Engineering Services Private Limited
Arun Raghavan Lakshminarayanan
DIN 07302129
Director31 Mar 20251 yr 6 moFrigate Engineering Services Private Limited

People of Frigate

12 people are tracked at Frigate (6 in leadership, 6 in team).

NameRoleGroup
Chandrasekar C
Co-FounderLeadership
Co-FounderLeadership
Co-FounderLeadership
Tamizh Inian
Founder & CEOLeadership
Iniyavan V
Co-Founder & Global Business Head (NPD – Mechanical)Leadership
Manikandan
Associate Business Head – Heavy EngineeringLeadership
Suriya Prasanth R S
Digital Marketing ExecutiveTeam
LARA MOHAN
Senior Digital Marketing ExecutiveTeam
Rajalakshmi
Global Business Development ManagerTeam
Muthu Raman
Digital Marketing ManagerTeam
Keerthi Kirubai
Digital Marketing ExecutiveTeam
Divya
Digital Marketing ExecutiveTeam
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Financials of Frigate

Figures of Frigate Engineering Services Private Limited, the primary company behind Frigate, for FY 2025. Revenue was ₹20.95 Cr (+145% year on year). Net loss was -₹3.61 Cr (-17% margin). EBITDA was -₹3.18 Cr (-15% margin). Revenue has grown at a compounded annual rate of +351% over three years.

  • ₹20.95 CrRevenue · FY 2025 · +145% YoY
  • -₹3.61 CrNet loss · -17% margin
  • -₹3.18 CrEBITDA · -15% margin
  • ₹3 LakhPaid-up capital
  • 18Employees (provident fund records)
  • +351%Revenue CAGR, 3 years

Balance sheet, profit and loss, cash flow and ratios of Frigate Engineering Services Private Limited are on its company page.

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Detailed financial statements for Frigate

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

  • Statement rows
  • Financial ratios
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  • Downloads

Verified entity values are shown only after access is granted.

Timeline of Frigate

4 dated milestones of Frigate across 12 years, from founding to its latest funding, stage changes and deals.

  1. Founded Frigate is founded.
  2. Funding First funding round of $185K.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Seed, of $1.5M.

Competitors of Frigate

Frigate operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Xometry, Hubs, TriMech, Ethereal Machines and VulcanForms, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
xometry.com2013Gaithersburg, United States$203.44M480
Platform for on-demand distributed manufacturing and prototyping is provided.
hubs.com2013Amsterdam, Netherlands$29.5M–
Tech-enabled on-demand 3D printing and manufacturing services are provided.
trimech.com1998Glen Allen, United States$12.88M233
On-demand 3D printing and manufacturing solutions are provided online.
etherealmachines.com2014Bengaluru, India$23.53M115
On-demand manufacturing services for industrial machines are offered.
vulcanforms.com2015Burlington, United States$355.56M182
Provider of industrial metal additive manufacturing system
immensa.io2016Dammam, Saudi Arabia$27M–
Cloud-based on-demand manufacturing solutions are developed for additive services.
caracol-am.com2017Lomazzo, Italy$51.61M–
3D printing training and workshops are provided for industrial applications.
holo.host2017Gibraltar––
Distributed applications are hosted via a cloud-based marketplace platform.
protolabs.com1999Maple Plain, United States$52.24M2,357
Online manufacturer of custom prototypes and low-volume parts for prototyping
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Detailed competitors of Frigate

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

  • Full competitor set
  • Operating metrics
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Verified entity values are shown only after access is granted.

Web traffic of Frigate

The website of Frigate (frigate.ai) receives about 29.4K visits a month and ranks #771,293 among all websites worldwide, #6,216 in Business Services.

  • Monthly visits
    29.4K

    ▼ 31.5% vs previous month

  • Unique visitors
    13.6K

    per month

  • Global rank
    #771,293

    among all websites

  • Category rank
    #6,216

    Business and Consumer Services · Business Services

Similar websites

Websites whose visitors overlap most with Frigate. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
siscertifications.com
siscertifications.com
100%
–#1,031,445–
precisionmicro.com
53%
8.9K#2,475,755View details

Latest news on Frigate

Frigate raises $1.5 Mn in seed round
Entrackr β€’ 3 years ago
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Complete news archive for Frigate

Full article history, source details, and older brand coverage require an active premium plan.

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  • Brand-specific news history

Verified entity values are shown only after access is granted.

Similar companies to Frigate

10 companies that operate in the same segment as Frigate (Manufacturing Tech Solutions), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Cloud-based ERP software is offered for multiple industries.
2002New York, New York, United StatesUSD 1.52 B––
Platform for on-demand distributed manufacturing and prototyping is provided.
2013Gaithersburg, Maryland, United StatesUSD 203.44 MUSD 686.63 M1,090
Hexagon is recognized for delivering advanced measurement and automation technologies.
1980Stockholm, Sweden–USD 6.52 B–
AI-based robotic arms are developed for industrial automation tasks.
2010San Francisco, California, United StatesUSD 123.02 M––
Cloud-based 3D CAD system is accessed via web browsers.
2012Cambridge, Massachusetts, United StatesUSD 348.69 MUSD 695.52 K–
AI-powered data science platform enables model deployment and analytics insights.
1985Troy, United StatesUSD 35.05 M––
AI-based software for manufacturing process optimization is offered.
1981Bedford, United StatesUSD 100 MUSD 5.21 M64
Manufacturing solutions are provided for industrial and consumer sectors.
2018Bengaluru, Karnataka, IndiaUSD 857.1 MUSD 1.71 B1,248
Equipment rental marketplace and digital tools for construction are offered.
2014Columbia, United StatesUSD 806.48 MUSD 4.38 B–
Modular hardware and software platform for industrial automation is provided.
2016Montreal, Quebec, CanadaUSD 263.41 M––
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Frequently Asked Questions about Frigate

Frigate was founded in 2011 and raised its 1st funding round 11 years after it was founded.

Frigate is headquartered in Tiruchirappalli, India. It is registered at Tiruchirappalli, Tamil Nadu, India.

Frigate is a funded company, having raised a total of $1.69M across 2 funding rounds to date. The company's 1st funding round was a Seed of $185K, raised on Apr 2022.

The primary company behind Frigate, Frigate Engineering Services Private Limited, reported revenue of β‚Ή20.95 Cr for FY 2025, up 145% year on year.

Founded in 2011 in Tiruchirappalli, India, Frigate operates in the manufacturing sector by connecting clients with partners for processes such as casting, forging, machining, and fabrication. Services cover the product lifecycle, including design, prototyping, mass production, and assembly. Supply chain management is streamlined via the platform, supporting various industries with tailored solutions across global operations.

Frigate's top competitors include Xometry, VulcanForms and Ethereal Machines.

Frigate has 25 investors. Key investors include LetsVenture, Arali Ventures, Capital A, Java Capital, and Bulleon.

The valuation of Frigate is $6.41M as of May 2023.

Frigate operates through Frigate Engineering Services Private Limited.

The legal entities of Frigate currently have 3 directors, including Vasanthan Tamizhinian, Iniyavan Vasanthan, Arun Raghavan Lakshminarayanan.

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