Frugal Technologies Overview

  • Founded
  • 2017
  • Status
  • Private
  • Employees
  • 4
  • Latest Deal Type
  • 2ndary - Private

Frugal Technologies General Information


Developer of a fuel optimization software designed to control fuel consumption of ships. The company's software uses a propulsion system to measure various operating parameters of ships, enabling ship manufacturers to control, manage and optimize fuel consumption.

Contact Information

Ownership Status
Privately Held (backing)
Financing Status
Formerly VC-backed
Primary Industry
Other Industries
Business/Productivity Software
Primary Office
  • C.A. Olesens Gade 4
  • 9000 Aalborg
  • Denmark
+45 40 00 00 00
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Frugal Technologies Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
2. Secondary Transaction - Private Completed Generating Revenue
1. Early Stage VC Completed Startup
To view Frugal Technologies’s complete valuation and funding history, request access »

Frugal Technologies Executive Team (2)

Name Title Board Seat Contact Info
Peter Hauschildt Co-Founder & Chief Executive Officer
Lars Stoustrup Co-Founder & Chief Technology Officer
To view Frugal Technologies’s complete executive team members history, request access »

Frugal Technologies Signals

Growth Rate

0.80% Weekly
Weekly Growth 0.80%, 93rd %ile
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers


Similarweb Unique Visitors


Majestic Referring Domains


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