How much funding has Frontier Car Group raised?

Frontier Car Group has raised $169.0M in total funding, most recently a Series D round.

Who are Frontier Car Group's investors?

Frontier Car Group's investors include OLX Group, Balderton Capital, Echo Vc, TPG (Growth/Rise), Autotech Ventures, FM Capital.

When was Frontier Car Group founded?

Frontier Car Group was founded in 2016.

Where is Frontier Car Group headquartered?

Frontier Car Group is headquartered in Berlin, Germany.

What industry is Frontier Car Group in?

Frontier Car Group operates in E-Commerce, Automotive, Marketplace.

How many employees does Frontier Car Group have?

Frontier Car Group has 51-200 employees.

Frontier Car Group

Acquired

Berlin, Germany · Founded 2016 · $169.0M raised

E-Commerce

Automotive

Marketplace

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.

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