CO-FOUNDER AND GENERAL PARTNER, BLUE DELTA CAPITAL PARTNERS, McLEAN
CO-FOUNDER AND GENERAL PARTNER, BLUE DELTA CAPITAL PARTNERS, McLEAN
Virginia Business// August 29, 2024//
Co-founded by Frantz in 2009, Blue Delta is a venture capital firm that supports growth-stage companies providing technology solutions to the federal government.
In April, Blue Delta announced it had invested $25 million in Maryland’s Herrick Technology Laboratories, a provider of software-defined radio (which relies on software rather than hardware to control frequencies) and related signals intelligence and electronic warfare tools. In July, Blue Delta closed a $250 million, oversubscribed fund.
In addition to his work at Blue Delta, Frantz sits on the board of ASGN, the Henrico County Fortune 1000 IT and professional services provider.
Previously, Frantz was a principal with Carlyle Group, the private equity firm where Gov. Glenn Youngkin served as co-CEO, and was a partner at RedShift Ventures. Early in his career, Frantz served as associate director of the White House’s Office of Intergovernmental Affairs under President George H.W. Bush. He also worked as economic and technology policy adviser to former Pennsylvania Gov. Tom Ridge.
Frantz earned a law degree and an MBA from the University of Pittsburgh.