Frontier Car Group

Acquired

Berlin, Germany · Founded 2016 · $169.0M raised

Headquarters
Berlin
Employees
51–200
Founded
2016
Business Model
Marketplace
Total Funding
$169.0M
Last Round
Series DJan 2020
Rounds
4

Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.

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 Series D round in Jan 2020. Investors include OLX Group, Balderton Capital and Echo Vc.

Tech & App Stack

9 technologies & apps tracked

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Funding History

Series DSeries D / Strategic InvestmentJan 2020

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Funding: Series A through Series D. Amounts, valuations, and investors where available.

Investors

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