About AfricarGroup
AfricarGroup is a Transportation, Automotive & Logistics company based in Sydney (Australia) founded in 2016 by Mathieu Fructueux and Axel Peyriere. Car classifieds network for vehicle trading in Africa is operated. Its chief executive, as recorded, is Axel Peyriere. AfricarGroup offers products and services including Automotive Marketplaces and SaaS CRM. Its focus areas include Consumer, Auto E-Commerce & Content, Second Hand Vehicles and Cars. Its competitors include Carsales, Pickles and Carsguide.
Company details
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.
- Headquarters Sydney, Australia
- Founders Mathieu Fructueux, Axel Peyriere
- SectorsTransportation, Automotive & Logistics
- Website africargroup.com
- Social LinkedIn X
- InvestorsStellantis
& 1 more
Products & Services of AfricarGroup
AfricarGroup offers a comprehensive portfolio of products and services, including Automotive Marketplaces and SaaS CRM.
Platforms for buying and selling vehicles in Africa
CRM tools for managing automotive business operations
Funding Insights of AfricarGroup
- Total Rounds 3
- Investors Count 2
All 3 funding rounds of AfricarGroup with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2022 | Series A | – | – | ||
| Jun 2018 | Series A | – | – | – | |
| Jul 2016 | Seed | – | – |
2 investors in total: 2 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Seed-stage tech investments are targeted in Australia and Europe. | wombatcapital.com.au | Sydney, Australia | ||
Commercial vehicles, SUVs, and automobiles are manufactured globally. | 2021 | stellantis.com | Amsterdam, Netherlands |
Investor details for AfricarGroup
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People of AfricarGroup
2 people are tracked at AfricarGroup (2 in leadership).
| Name | Role | Group |
|---|---|---|
Mathieu Fructueux | Co-Founder | Leadership |
Axel Peyriere | Co-Founder & CEO | Leadership |
Complete people profiles for AfricarGroup
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Timeline of AfricarGroup
3 dated milestones of AfricarGroup across 6 years, from founding to its latest funding, stage changes and deals.
- Founded AfricarGroup is founded.
- Funding First funding round.
- Funding Latest funding round, Series A,.
Competitors of AfricarGroup
AfricarGroup has 3 listed competitors in our database. They include Carsales, Pickles and Carsguide.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| carsales.com.au | 1998 | Melbourne, Australia | Online listing platform for used cars | |||
| pickles.com.au | 1964 | Sydney, Australia | Used cars are auctioned through an online marketplace platform. | |||
| carsguide.com.au | 2011 | Sydney, Australia | Listing platform for buying and selling used cars |
Detailed competitors of AfricarGroup
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Frequently Asked Questions about AfricarGroup
AfricarGroup was founded in 2016.
AfricarGroup is headquartered in Sydney, Australia. It is registered at Sydney, New South Wales, Australia.
Axel Peyriere is the CEO of AfricarGroup, as recorded in our data. They have also founded this company.
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.
AfricarGroup offers Automotive Marketplaces and SaaS CRM.
AfricarGroup has 2 investors. Key investors include Stellantis, and Wombat Capital.