About FRONTASTIC
FRONTASTIC is a company based in Munster (Germany) founded in 2017 by Kore Nordmann and Tobias Schlitt was acquired by Commercetools in November 2021.. FRONTASTIC has raised $1.99 million across 1 funding round from investors including Commercetools, NRW.Bank and Ventech. FRONTASTIC offers products and services including Commerce Platform, Payment Hub, and Solution Hub. FRONTASTIC operates in a competitive market with competitors including Shopify, Webflow, Weebly, Squarespace and Wix, among others.
- Headquarter Munster, Germany
- Founders Kore Nordmann, Tobias Schlitt
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Sectors
RetailTechnology
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Frontastic Gmbh
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1.99 M (USD)
in 1 rounds
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Latest Funding Round
$1.99 M (USD), Seed
Oct 17, 2019
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Investors
Commercetools
& 4 more
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Employee Count
Employee Count
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Acquired by
Commercetools
(Nov 19, 2021)
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Products & Services of FRONTASTIC
FRONTASTIC offers a comprehensive portfolio of products and services, including Commerce Platform, Payment Hub, and Solution Hub. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for scalable digital commerce solutions across industries
Hub integrating best-in-class payment systems for transactions
Tools to accelerate implementation of commerce features
Funding Insights of FRONTASTIC
FRONTASTIC has successfully raised a total of $1.99M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.99 million completed in October 2019. 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 Total Funding
- Total Rounds 1
- Last Round Seed — $2.0M
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First Round
First Round
(17 Oct 2019)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2019 | Amount | Seed - FRONTASTIC | Valuation | NRW.Bank , Ventech |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in FRONTASTIC
FRONTASTIC has secured backing from 5 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Commercetools, NRW.Bank and Ventech. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Early-stage funding is provided to innovative founders by Ventech.
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Founded Year | Domain | Location | |
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Family office of Reimann family
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Founded Year | Domain | Location | |
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Loans, advice, seminars, and networks are provided for financial support.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by FRONTASTIC
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - FRONTASTIC
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Frontastic Comparisons
Competitors of FRONTASTIC
FRONTASTIC 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 Shopify, Webflow, Weebly, Squarespace and Wix, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
E-commerce storefront solutions are provided for online businesses.
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| domain | founded_year | HQ Location |
Cloud based website development platform
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| domain | founded_year | HQ Location |
Tools for creating websites and online stores are provided.
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| domain | founded_year | HQ Location |
Cloud-based website builder tool
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| domain | founded_year | HQ Location |
Websites are built using Wix's cloud-based drag-and-drop platform.
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| domain | founded_year | HQ Location |
Websites are built without coding via a cloud-based drag-and-drop platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Frontastic
Frequently Asked Questions about FRONTASTIC
When was FRONTASTIC founded?
FRONTASTIC was founded in 2017 and raised its 1st funding round 2 years after it was founded.
Where is FRONTASTIC located?
FRONTASTIC is headquartered in Munster, Germany. It is registered at Munster, North Rhine-westphalia, Germany.
Is FRONTASTIC a funded company?
FRONTASTIC is a funded company, having raised a total of $1.99M across 1 funding round to date. The company's 1st funding round was a Seed of $1.99M, raised on Oct 17, 2019.
What does FRONTASTIC do?
FRONTASTIC is a platform offering storefront solution for online businesses. The platform offers API-first eCommerce and CMS platforms for businesses. It combines API orchestration, workflows, frontend that enables brands retailers to create optimized websites and web apps. It offers an e-commerce platform as a service for developers, online editors, and retailers with features like create web pages, manage content data sources, optimize SEO, product listings, template building, and more. Its use cases include wine stores, watch eyewear stores, and more. The platform provides integrations for commercetools, Shopify Plus, and more. The company offers solutions on the subscription-based policy.
Who are the top competitors of FRONTASTIC?
FRONTASTIC's top competitors include Shopify, Webflow and Squarespace.
What products or services does FRONTASTIC offer?
FRONTASTIC offers Commerce Platform, Payment Hub, and Solution Hub.
Who are FRONTASTIC's investors?
FRONTASTIC has 5 investors. Key investors include Commercetools, NRW.Bank, Ventech, Reimann Investors, and Ulrike Müller.
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