We are thrilled to congratulate our portfolio company SupplyPike, a leading vertical SaaS provider of invoice deduction management and prevention solutions for CPG suppliers, on its acquisition by SPS Commerce (Nasdaq: SPSC), a global leader in cloud-based supply chain management services!
Frontier Growth had the privilege of co-leading SupplyPike’s Series B financing in June 2022 to support investment in go-to-market as well as continued product innovation. During our partnership, SupplyPike achieved outstanding growth, with annual recurring revenue (“ARR”) more than tripling, and the Company reached profitability.
This success story exemplifies Frontier’s commitment to helping emerging vertical SaaS companies scale to become market leaders within their niche vertical. We are excited to continue supporting SupplyPike’s journey as an ongoing investor in SPS Commerce. Read more about the acquisition of SupplyPike by SPS Commerce here.
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TIME Names Accredible to World’s Top EdTech Companies 2024 List
We are thrilled to share Frontier Portfolio Company Accredible, an industry-leading digital credentialing platform, has been recognized among TIME’s World’s Top EdTech Companies for 2024! “We’re honored to be recognized by TIME as one of the World’s Top EdTech Companies,” stated Danny King, CEO and co-founder of Accredible.