About AfricarGroup
AfricarGroup is a company based in Sydney (Australia) founded in 2016 by Mathieu Fructueux and Axel Peyriere.. AfricarGroup offers products and services including Automotive Marketplaces and SaaS CRM. AfricarGroup operates in a competitive market with competitors including Carsales, LatAm Autos, Pickles, Carsguide and CarSwap, among others.
- Headquarter Sydney, Australia
- Founders Mathieu Fructueux, Axel Peyriere
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Sectors
Transportation, Automotive & Logistics
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Phone
*********
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
Stellantis
& 1 more
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Employee Count
Employee Count
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Products & Services of AfricarGroup
AfricarGroup offers a comprehensive portfolio of products and services, including Automotive Marketplaces and SaaS CRM. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platforms for buying and selling vehicles in Africa
CRM tools for managing automotive business operations
Funding Insights of AfricarGroup
- Total Funding Total Funding
- Total Rounds 3
- Last Round Last Round
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Sep, 2022 | Amount | Series A - AfricarGroup | Valuation |
investors |
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| Jun, 2018 | Amount | Series A - AfricarGroup | Valuation |
investors |
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| Jul, 2016 | Amount | Seed - AfricarGroup | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in AfricarGroup
AfricarGroup has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Stellantis and Wombat Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Seed-stage tech investments are targeted in Australia and Europe.
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Founded Year | Domain | Location | |
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Commercial vehicles, SUVs, and automobiles are manufactured globally.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by AfricarGroup
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - AfricarGroup
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Africargroup Comparisons
Competitors of AfricarGroup
AfricarGroup operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Carsales, LatAm Autos, Pickles, Carsguide and CarSwap, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Online listing platform for used cars
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| domain | founded_year | HQ Location |
Multiple automotive classified portals are operated across Latin America.
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| domain | founded_year | HQ Location |
Used cars are auctioned through an online marketplace platform.
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| domain | founded_year | HQ Location |
Listing platform for buying and selling used cars
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| domain | founded_year | HQ Location |
CarSwap offers an online service for searching, listing, buying, selling, and trading cars.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Africargroup
Frequently Asked Questions about AfricarGroup
When was AfricarGroup founded?
AfricarGroup was founded in 2016.
Where is AfricarGroup located?
AfricarGroup is headquartered in Sydney, Australia. It is registered at Sydney, New South Wales, Australia.
Who is the current CEO of AfricarGroup?
Axel Peyriere is the current CEO of AfricarGroup. They have also founded this company.
What does AfricarGroup do?
AfricarGroup was founded in 2016 and is headquartered in Sydney, Australia. A platform for car classifieds is maintained across websites in 12 African countries, spanning West, Central, East, and Southern regions to reach approximately 300 million people. Buyers, private sellers, and dealers are connected for trading new, used, and second-hand cars, trucks, and motorbikes.
Who are the top competitors of AfricarGroup?
AfricarGroup's top competitors include Carsales, LatAm Autos and Pickles.
What products or services does AfricarGroup offer?
AfricarGroup offers Automotive Marketplaces and SaaS CRM.
Who are AfricarGroup's investors?
AfricarGroup has 2 investors. Key investors include Stellantis, and Wombat Capital.