Frontier Car Group

Berlin, Germany Founded: 2016 • Age: 10 yrs Acquired By Olx Group
Builds runs C2B marketplaces for used cars in emerging markets
Annual revenue - Latest available
Total funding $553.0M 6 rounds
Employees 73 Tracked headcount
Investors 10 Known backers
Products - Services tracked
Competitors 5 Brand Intelligence

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
  • Sectors
    Transportation, Automotive & Logistics
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Fcg Germany Gmbh
Operational Areas
Transportation, Automotive & Logistics → Automotive Retail, Aftermarket & Services Unlock Sub-Sector Unlock Segment
Transportation, Automotive & Logistics → Automotive Retail, Aftermarket & Services Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $552.95 M (USD)

    in 6 rounds

  • Latest Funding Round
    $400 M (USD), Series D

    Jan 02, 2020

  • Investors
    TPG

    & 9 more

  • Employee Count
    73

    as on Dec 31, 2019

  • Acquired by
    Olx Group

    (Aug 05, 2020)

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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.

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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Multistage venture capital investments are focused on technology sectors.
Locked Locked Locked
Fund of funds focused on pre-seed and seed-stage companies
Locked Locked Locked
Tech focused growth stage VC firm investing in the US
Locked Locked Locked
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Investments & Acquisitions by Frontier Car Group

Investments
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Investment portfolio details for Frontier Car Group

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Financial Statements - Frontier Car Group

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Detailed financials for Frontier Car Group

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Frontier Car Group Comparisons

Frontier Car Group Primary company
Description
Builds & runs C2B marketplaces for used cars in emerging mar...
Location
Berlin, Germany
Founded Year
2016
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
73
As of 2019
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Peer comparison for Frontier Car Group

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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.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Online B2B marketplace for used cars
Locked Locked Locked
Offers real-time search tools for automotive and real estate professionals.
Locked Locked Locked
Buys used cars directly with free valuations and secure payments.
Locked Locked Locked
A B2B auction marketplace facilitating vehicle trading for auto industry professionals.
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Detailed competitors of Frontier Car Group

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Latest news on Frontier Car Group

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Frequently Asked Questions about Frontier Car Group

Frontier Car Group was founded in 2016.

Frontier Car Group is headquartered in Berlin, Germany. It is registered at Berlin, Berlin, Germany.

Ricardo Donoso is the current CEO of Frontier Car Group. They have also founded this company.

Frontier Car Group is a funded company, having raised a total of $552.95M across 6 funding rounds to date.

As of Dec 31, 2019, the latest employee count at Frontier Car Group is 73.

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.

Frontier Car Group's top competitors include AUTO1 Group, BINGOOO and Trygg Bilaffar.

Frontier Car Group has 10 investors. Key investors include TPG, Oriflame, Partech Partners, Balderton Capital, and Olx Group.

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