Frontier Car Group is a Berlin-based startup that focuses on developing, launching, and operating used-automotive marketplaces in emerging market economies. The company has active operations in Nigeria, Mexico, Argentina, Colombia, Chile, Pakistan, and Indonesia. Additionally, it has successfully ventured with OLX in India and Poland. Utilizing technology, creating infrastructure, providing access to capital, and implementing innovative business models, the company aims to enhance the efficiency of buying and selling cars, benefiting all stakeholders involved. Founded in 2016, Frontier Car Group operates in the Internet and Transportation industries and has garnered significant attention from investors. The latest Series D round saw an investment of $400.00M from TriplePoint Capital, Prosus & Naspers on 11 November 2019. With operations in diverse countries and a strong financial backing, Frontier Car Group appears poised for continued growth and innovation in the used car marketplace.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Series D | $400.00M | 2 |
|
11 Nov 2019 |
| Convertible Note | Unknown | 1 |
|
01 Jan 2019 |
| Series C | $89.00M | 2 | Prosus & Naspers, OLX Group | 24 May 2018 |
| Debt Financing | $17.00M | 4 |
|
01 May 2018 |
| Series B | $41.00M | 9 |
|
29 Mar 2018 |
No recent news or press coverage available for Frontier Car Group.
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