# The Frost Foundation

> The Frost Foundation is a VC fund in Santa Fe backing SaaS, Software and CleanTech. See 1 investments, check sizes, portfolio. Updated Sep 2026.

- Type: VC Fund
- Location: Santa Fe, United States
- Total investments: 1
- Last investment: Feb 2019
- Lead investor: 0%
- Last updated: Sep 2026
- Website: https://www.frostfound.org

The Frost Foundation is a VC fund in Santa Fe focused on SaaS and Software. The Frost Foundation was created on March 19, 1959 to be operated exclusively for education, charitable and religious purposes. The Frost Foundation was named in honor of Edwin Ambrose Frost and Virginia Chapelle Frost. Its first Board of Directors was composed of Mrs. Mary Frost Willis, Mrs. Elizabeth Frost Whited, Frank T. Whited, Mrs. MaryVirginia Loftus, Edwin Frost Whited and W. Scott Wilkinson.

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| SaaS | 1 | 100% |
| Software | 1 | 100% |
| CleanTech | 1 | 100% |
| Education | 1 | 100% |
| Association | 1 | 100% |

7 industries tracked in total.

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Ducky | Ducky is a carbon emissions reduction platform that measures, educates, and mobilizes people to take action on carbon sustainability. It is an employee engagement platform where businesses can engage their employees and customers in targeted challenges, where users log everyday actions in a time-bound, team-based competition. It provides a fullsuite of tools to help individuals, organizations and schools monitor, learn about and improve their carbon footprint.It was founded in 2014 and based in Trondheim with offices in Oslo and Stoke, UK. | $422.3K | Seed | Feb 14, 2019 |  |

1 of 1 investments shown.

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## Featured in investor lists
- [Education Investors in Norway](https://shizune.co/investors/education-investors-norway)
- [EdTech Investors in Norway](https://shizune.co/investors/edtech-investors-norway)
- [EdTech VC Funds in Norway](https://shizune.co/investors/edtech-vc-funds-norway)

## FAQ

### What does The Frost Foundation invest in?

The Frost Foundation invests primarily in SaaS, Software and CleanTech startups, most often at Seed stage. Most of the 1 investments tracked by Shizune back companies in Norway. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did The Frost Foundation last invest?

The most recent investment recorded for The Frost Foundation closed in Feb 2019. Shizune tracks 1 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Sep 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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