F
Frontier Car Group
Builds and runs marketplaces focused on emerging markets in the auto sector
About Frontier Car Group
Frontier Car Group (FCG) is a technology-driven company that revolutionizes the used car market in emerging economies. Operating in countries such as Nigeria, Pakistan, and Mexico, FCG provides a platform that facilitates the buying and selling of used cars. The company serves individual car owners looking to sell their vehicles quickly and efficiently, as well as car dealerships seeking to expand their inventory. FCG's business model is based on creating a seamless and transparent process for car transactions, leveraging technology to offer real-time pricing, vehicle inspections, and secure payment options. The company generates revenue through transaction fees, service charges, and value-added services such as financing and insurance. By addressing the inefficiencies in traditional car markets, FCG aims to provide a reliable and trustworthy solution for both sellers and buyers.
Source: Dealroom company dataAt a glance
- Status
- Closed
- Founded
- 2016
- Headquarters
- Berlin, Germany
- Employees
- 221
- Open positions
- None listed
- Dealroom signal
- 0.0/100
- Industry
- Transportation
- Sub-industry
- Search, Buy & Rent
- Sector
- Transportation, Automotive, Car, Car Purchasing, Ibuying, Techscale200, Used Vehicles, Online Car Purchasing
- Business model
- Marketplace & ecommerce
- Client focus
- b2c
- Investment activity
- 5 companies, latest Aug 2019
- Capital deployed
- $134M
- Preferred round
- SERIES A
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| GROWTH EQUITY VCOther financing | Nov 2019 | $400M | $700M | Prosus | — |
| LATE VCOther financing | Jun 2019 | $240K | $960K | OurCrowd · NEA · Naspers · TPG Growth | — |
Growth signals
Latest recorded traffic for Frontier Car Group is 330 monthly website visits, down 64.9% over the last three months. Frontier Car Group's team grew 0% over the past year.
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|---|---|---|---|---|---|
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CazooCar buying and rental website |
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HeycarLeading digital platform for quality used car sales in Europe |
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KarossoOnline platform for used cars in Germany |
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CarizyOnline marketplace for used cars |
Courbevoie, France | Acquired |
Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
BeliMobilGueJakarta, IndonesiaOperates a platform that enables car owners in Southeast Asian country to sell their vehicle securely online
$120Mvaluation
CarFirstLahore, PakistanCarFirst: Sell Used Cars, Online Price Valuation in Pakistan
→
Cars45Lagos, NigeriaSell your used car and get paid instantly
$20Mvaluation
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed4 investors entered at this stage
Balderton Capital- TPTroy Capital Partners
NEA
Partech
Series A6 investors entered at this stage
TPG
EchoVC
Hummingbird Ventures
Autotech Ventures
Fraser McCombs Capital
Sand Hill Angels
Source: Dealroom Talent Intelligence.
Global footprint
Market sentiment
An AI-synthesised read of the highest-engagement posts about Frontier Car Group on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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