LM Frotas

Salvador, Brazil Founded: 1979 • Age: 47 yrs
Used cars are retailed by LM Frotas in Salvador, Brazil.

About LM Frotas

LM Frotas is a company based in Salvador (Brazil) founded in 1979.. LM Frotas offers products and services including Fleet Outsourcing, Vehicle Maintenance, and Logistics Distribution. LM Frotas operates in a competitive market with competitors including Sinossorra Group, PARVI GROUP, Carbel Volkswagen, Carburgo and Auto Shopping Global, among others.

  • Headquarter Salvador, Brazil
  • Sectors
    Transportation, Automotive & Logistics
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
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Operational Areas
Transportation, Automotive & Logistics → Automotive Retail, Aftermarket & Services
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
    $5.31 M (USD), Debt – Conventional

    Sep 30, 2020

  • Investors
  • Employee Count
    Employee Count
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Products & Services of LM Frotas

LM Frotas offers a comprehensive portfolio of products and services, including Fleet Outsourcing, Vehicle Maintenance, and Logistics Distribution. 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.

Primary

Customized service for managing company vehicles and logistics.

Preventive maintenance and protection for outsourced fleets.

Delivery and management of vehicles across Brazil.

Funding Insights of LM Frotas

  • Total Funding
  • Total Rounds 1
  • Last Round Debt – Conventional — $5.3M
  • First Round

    (30 Sep 2020)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Sep, 2020 Amount Debt – Conventional - LM Frotas Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

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Investors in LM Frotas

LM Frotas has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Haitong Bank. 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.

All
Venture Fund
Investor Description Founded Year Domain Location
Investment banking services, corporate financing, and capital markets operations are conducted globally.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by LM Frotas

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - LM Frotas

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Lm Frotas Comparisons

Employees
+
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Competitors of LM Frotas

LM Frotas 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 Sinossorra Group, PARVI GROUP, Carbel Volkswagen, Carburgo and Auto Shopping Global, 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
Operates as an automotive dealership group representing brands and providing financial services.
domain founded_year HQ Location
Retailer of new and used cars
domain founded_year HQ Location
A car dealership specializing in Volkswagen vehicles, providing sales, services, innovative features, and customer-focused solutions.
domain founded_year HQ Location
Provides new and used VW cars with sales, maintenance, and accessory services.
domain founded_year HQ Location
Provides retail of new and used vehicles, financial services, and automotive events.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Lm Frotas

Frequently Asked Questions about LM Frotas

When was LM Frotas founded?

LM Frotas was founded in 1979 and raised its 1st funding round 41 years after it was founded.

Where is LM Frotas located?

LM Frotas is headquartered in Salvador, Brazil. It is registered at Salvador, Bahia, Brazil.

What does LM Frotas do?

LM Frotas was established in 1979 in Salvador, Brazil, as a retailer in the automotive sector. Operations focus on the sale of pre-owned vehicles, with services centered on inventory management and customer transactions in the local market. The company is led by proprietor Luiz Augusto Silva, and its activities are conducted through the domain lmfrotas.com.br, serving the regional used car trade without expansion into new vehicle sales or international operations.

Who are the top competitors of LM Frotas?

LM Frotas's top competitors include AUTOSTAR, PARVI GROUP and Andr Veculos.

What products or services does LM Frotas offer?

LM Frotas offers Fleet Outsourcing, Vehicle Maintenance, and Logistics Distribution.

Who are LM Frotas's investors?

LM Frotas has 1 investor. Key investors include Haitong Bank.

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