Frore Systems
PrivateLast Round
Series D
Mar 16, 2026
Est. Valuation
$1.64B
Total Funding Raised
$355M
Momentum
Top 5%
of companies Caplight tracks
Company Overview
Frore Systems is a semiconductor company that develops advanced thermal management technologies, including solid-state active cooling chips and liquid cooling solutions for data centers and consumer devices.
Sector
AI, Data & Cloud Infrastructure
Verticals
Computing Hardware, Consumer Electronics, Semiconductors, Cloud Infrastructure
Business Model
B2B
Customer Profile
Hardware Sales
AI Layer
Infrastructure
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Frore Systems Comps
Public and private peers based on sector, stage, and business model.
| Company | Status | Est. Valuation | Rev Multiple |
|---|---|---|---|
| OpenAI | Private | $86.0B | ~40x |
| Cohere | Private | $5.0B | -- |
| Competitor 1 | Public | $XX.XB | XXx |
| Competitor 2 | Public | $XX.XB | XXx |
Frore Systems Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Series D | Mar 16, 2026 | ||||
| Series C | May 29, 2024 | ||||
| Series B | Dec 1, 2022 | ||||
| Series A | Jul 23, 2020 | ||||
| Seed | Jul 1, 2018 |
Frore Systems Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Addition | Series C, Series D, Series B |
| Top Tier Capital Partners | Series D |
| Fidelity Management & Research Company | Series D, Series C |
| StepStone Group | Series C, Series D |
| Qualcomm Ventures | Series C, Series D, Series A, Series B |
| Aramco Ventures | Series C |
| Clear Ventures | Series C, Series D, Series A, Series B |
Market signals
Structured signals derived from secondary market and firmographic data.
- Jun 29, 2026
Grew 17% QoQ, from 78 to 91 employees.
- Apr 19, 2026
Launched LiquidJet, a breakthrough GPU cooling technology.
Frore Systems Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
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Frequently Asked Questions
Common questions about Frore Systems's valuation, stock price, and market status.