About Frontgrid
Frontgrid is a company based in Llanfairfechan (United Kingdom) founded in 2014 by Matt Wells and David Wood.. Frontgrid offers products and services including ParadropVR Pod, ParadropVR Rize, and Custom Designs. Frontgrid operates in a competitive market with competitors including AbsoMech, Racing Unleashed, StreetWize Simulations, X-motion and Beijing Huangpu Avenue Technology, among others.
- Headquarter Llanfairfechan, United Kingdom
- Founders Matt Wells, David Wood
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Sectors
Travel & HospitalityTechnology
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Email
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Phone
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Website
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Social
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- Legal Name Frontgrid Limited
- Date of Incorporation 01 Sep, 2014
- Jurisdiction SALE, CHESHIRE
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$130.5 K (USD), Debt – Conventional
Feb 25, 2019
- Investors
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Employee Count
Employee Count
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Products & Services of Frontgrid
Frontgrid offers a comprehensive portfolio of products and services, including ParadropVR Pod, ParadropVR Rize, and Custom Designs. 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.
Compact motion-based VR experience for spaces with limited area.
Larger VR model featuring an extended drop for enhanced thrills.
Tailored VR environments inspired by real or imaginary locations.
Funding Insights of Frontgrid
- Total Funding Total Funding
- Total Rounds 1
- Last Round Debt – Conventional — $130,504
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First Round
First Round
(25 Feb 2019)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Feb, 2019 | Amount | Debt – Conventional - Frontgrid | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Frontgrid
Frontgrid has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Bathgate Business Finance. 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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Commercial lending and equipment financing services are offered to businesses.
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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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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 Frontgrid
| 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 - Frontgrid
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Frontgrid Comparisons
Competitors of Frontgrid
Frontgrid 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 AbsoMech, Racing Unleashed, StreetWize Simulations, X-motion and Beijing Huangpu Avenue Technology, 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 |
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| domain | founded_year | HQ Location |
Develops VR games and simulators for Android, iPhone, Windows, and VR devices.
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| domain | founded_year | HQ Location |
Offers virtual motorsport simulations, esports leagues, and racing lounges worldwide.
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Gamified virtual simulations for road safety training are provided.
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| domain | founded_year | HQ Location |
VR racing simulator peripherals are provided for PC games.
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| domain | founded_year | HQ Location |
Virtual reality simulators for driving training are developed and supplied.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Frequently Asked Questions about Frontgrid
When was Frontgrid founded?
Frontgrid was founded in 2014 and raised its 1st funding round 5 years after it was founded.
Where is Frontgrid located?
Frontgrid is headquartered in Llanfairfechan, United Kingdom. It is registered at Llanfairfechan, Wales, United Kingdom.
What does Frontgrid do?
Frontgrid was founded in 2014 in Llanfairfechan, United Kingdom, focusing on the adventure leisure and virtual reality sector. Attractions are developed that simulate paragliding experiences, where user movements control up-and-down motions with sudden drops to replicate gliding sensations. These products are applied in entertainment centers, visitor attractions, holiday parks, and theme parks across the region. Operations emphasize realistic simulation technologies for immersive entertainment.
Who are the top competitors of Frontgrid?
Frontgrid's top competitors include Beijing Huangpu Avenue Technology, Motion Sphere and StreetWize Simulations.
What products or services does Frontgrid offer?
Frontgrid offers ParadropVR Pod, ParadropVR Rize, and Custom Designs.
Who are Frontgrid's investors?
Frontgrid has 1 investor. Key investors include Bathgate Business Finance.