Frolick: Raises USD1.8M in Pre-Seed Funding

Frolick Raises USD1.8M in Pre-Seed Funding

  • Frolick, a Reston, VA-based meal delivery company, raised USD 1.8M in Pre-Seed funding
  • Participants in the round included gategroup as strategic investors and several angels including current and former executives for Delivery Hero and Gopuff
  • The company intends to use the funds to to help fund hiring, marketing and geographic expansion
  • The company is a food delivery app featuring hot, chef-prepared meals starting at under $10 with no fees or order minimums
  • The company currently serves thousands of customers in the Washington, DC metro area
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

Bridge, Owned by Stripe, Strengthens Approval for National Trust Bank

Stripe’s Bridge secures national approval to operate as a trust bank.Highlights: Bridge secures national approval to function as...

ECB Strengthens Framework Ahead of Planned Digital Euro Pilots

European Central Bank prepares for digital euro testing phase.Highlights: ECB announces enhancements to its regulatory framework.Planned pilots for...

Mastercard and Visa Strengthen Agentic Payment Pilots with Bank Collaborations

Financial giants team up with banks to enhance payment systems.Highlights: Mastercard and Visa partner with banks for innovative...

Mastercard Strengthens Cyber Defense with Cloudflare Partnership

New alliance enhances transaction security amidst rising cyber threats.Highlights: Mastercard partners with Cloudflare for enhanced cyber security.Collaboration aims...