Frontier Car Group
AcquiredBerlin, Germany · Founded 2016 · $169.0M raised
- Headquarters
- Berlin
- Employees
- 51–200
- Founded
- 2016
- Business Model
- Marketplace
- Website
- frontiercargroup.com
- Total Funding
- $169.0M
- Last Round
- $89.0M Series DJan 2020
- Rounds
- 4
About
Frontier Car Group was a Berlin-based startup that developed and operated used-car marketplaces in emerging economies across Africa, Asia, and Latin America under brands including Cars45 (Nigeria) and WeBuyAnyCar USA. Founded in 2016, it raised over $400 million from OLX Group (Prosus) and was subsequently merged into OLX Autos, which wound down operations in 2022.
Summary
Frontier Car Group is an E-Commerce company based in Berlin, Germany, founded in 2016. It has raised $169.0M in total across 4 rounds, most recently a $89.0M Series D round in Jan 2020. Investors include OLX Group, Balderton Capital and Echo Vc.
Tech & App Stack
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Funding History
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Jan 2020
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Series A through Series D — per-round amounts, valuations, and who invested in each round.
Investors
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