Investments
5Portfolio Exits
1About Frost Group
Frost Group is a Miami based private investment firm, led by Dr. Phillip Frost, that invests in areas of pharmaceuticals, diagnostic devices, medical devices, developmental education and entertainment for children, telecommunications, sports licensing, aviation services, software for seismic data analysis, and new materials for computer chips.

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Latest Frost Group News
Sep 12, 2012
Are you ready for a frosty brew in an even frostier environment? Boston is about to get its first bar made of ice. Frost Ice Bar is scheduled to open in Faneuil Hall next spring, the company announced today. The venue will be constructed and furnished entirely of ice, which means the indoor temperatures will keep at a shiver-inducing 24 degrees, the Frost Group said in its announcement. "While Boston is traditionally defined by its history and heritage, the city is today brimming with a new energy that supports a trendsetting dining and nightlife scene," Frost Group CEO Cindy Brown said in a statement. "Ice bars around the world have proven to be sensationally popular among a broad range of audiences and we believe Frost Ice Bar will be equally well received in New England." The company said the venue will feature "dramatic ice-sculpted interiors." The news release specifically mentioned the venue would make for an unforgettable night for bachelor and bachelorette parties, family outings or corporate events. It remains to be seen however if local New Englanders will want to spend their non-winter months surrounded by ice.
Frost Group Investments
5 Investments
Frost Group has made 5 investments. Their latest investment was in Zebra Biologics as part of their Unattributed VC on December 12, 2015.

Frost Group Investments Activity

Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
12/2/2015 | Unattributed VC | Zebra Biologics | $3M | Yes | 1 | |
9/11/2012 | Series A | |||||
2/24/2009 | Unattributed | |||||
8/12/2008 | Unattributed VC | |||||
2/5/2008 | Unattributed VC - III |
Date | 12/2/2015 | 9/11/2012 | 2/24/2009 | 8/12/2008 | 2/5/2008 |
---|---|---|---|---|---|
Round | Unattributed VC | Series A | Unattributed | Unattributed VC | Unattributed VC - III |
Company | Zebra Biologics | ||||
Amount | $3M | ||||
New? | Yes | ||||
Co-Investors | |||||
Sources | 1 |
Frost Group Portfolio Exits
1 Portfolio Exit
Frost Group has 1 portfolio exit. Their latest portfolio exit was Universal Space Network on January 30, 2009.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
---|---|---|---|---|---|
1/30/2009 | Acquired | 1 |
Date | 1/30/2009 |
---|---|
Exit | Acquired |
Companies | |
Valuation | |
Acquirer | |
Sources | 1 |