About Frontier Car Group
Frontier Car Group is a company based in Berlin (Germany) founded in 2016 by Ricardo Donoso was acquired by Olx Group in August 2020.. Frontier Car Group has raised $552.95 million across 6 funding rounds from investors including TPG, Oriflame and Partech Partners. The company has 73 employees as of December 31, 2019. Frontier Car Group operates in a competitive market with competitors including AUTO1 Group, BINGOOO, Trygg Bilaffar and FleetTrading, among others.
- Headquarter Berlin, Germany
- Employees 73 as on 31 Dec, 2019
- Founders Ricardo Donoso
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Sectors
Transportation, Automotive & Logistics
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Fcg Germany Gmbh
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Funding Insights of Frontier Car Group
Frontier Car Group has successfully raised a total of $552.95M across 6 strategic funding rounds. The most recent funding activity was a Series D round of $400 million completed in January 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 6
- Last Round Series D — $400.0M
- First Round First Round
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jan, 2020 | Amount | Series D - Frontier Car Group | Valuation | Olx Group |
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| May, 2018 | Amount | Series C - Frontier Car Group | Valuation | Olx Group |
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| May, 2018 | Amount | Debt – Conventional - Frontier Car Group | Valuation |
investors |
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| 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 Frontier Car Group
Frontier Car Group has secured backing from 10 investors, including institutional and venture fund investors. Prominent investors backing the company include TPG, Oriflame and Partech Partners. 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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Multistage venture capital investments are focused on technology sectors.
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Founded Year | Domain | Location | |
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Fund of funds focused on pre-seed and seed-stage companies
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Founded Year | Domain | Location | |
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Tech focused growth stage VC firm investing in the US
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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 Frontier Car Group
| 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 - Frontier Car Group
| 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 |
Frontier Car Group Comparisons
Competitors of Frontier Car Group
Frontier Car Group 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 AUTO1 Group, BINGOOO, Trygg Bilaffar and FleetTrading, 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 B2B marketplace for used cars
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| domain | founded_year | HQ Location |
Offers real-time search tools for automotive and real estate professionals.
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| domain | founded_year | HQ Location |
Buys used cars directly with free valuations and secure payments.
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| domain | founded_year | HQ Location |
A B2B auction marketplace facilitating vehicle trading for auto industry professionals.
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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 Frontier Car Group
Frequently Asked Questions about Frontier Car Group
When was Frontier Car Group founded?
Frontier Car Group was founded in 2016.
Where is Frontier Car Group located?
Frontier Car Group is headquartered in Berlin, Germany. It is registered at Berlin, Berlin, Germany.
Who is the current CEO of Frontier Car Group?
Ricardo Donoso is the current CEO of Frontier Car Group. They have also founded this company.
Is Frontier Car Group a funded company?
Frontier Car Group is a funded company, having raised a total of $552.95M across 6 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $17M, raised on Jun 01, 2016.
How many employees does Frontier Car Group have?
As of Dec 31, 2019, the latest employee count at Frontier Car Group is 73.
What does Frontier Car Group do?
Frontier Car Group was founded in 2016 and is headquartered in Berlin, Germany. Digital platforms for used vehicle transactions are developed and managed in emerging markets worldwide. Operations include C2B marketplaces such as Vendenos tu Auto in Chile, Cars45 in Nigeria, and CarFirst in Pakistan. Services encompass online instant pricing quotes, scheduled inspections at centers, competitive dealer offers, and B2BB2C financial solutions.
Who are the top competitors of Frontier Car Group?
Frontier Car Group's top competitors include AUTO1 Group, BINGOOO and Trygg Bilaffar.
Who are Frontier Car Group's investors?
Frontier Car Group has 10 investors. Key investors include TPG, Oriflame, Partech Partners, Balderton Capital, and Olx Group.
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