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Frontier Car Group

9 Disclosed Funding Rounds $569,000,000

4 Participating Investments $104,000,000


Internet, Marketplace, Transportation, Automotive

Frontier Car Group is a startup which develops, launches, and operates used-automotive marketplaces within emerging market economies.

Berlin, Berlin, Germany, Europe (DE)

Organizations in Berlin in Internet,
Organizations in Berlin in Marketplace,
Organizations in Berlin in Transportation,
Organizations in Berlin in Automotive,
Organizations in Berlin in Internet,
Organizations in Berlin in Marketplace,
Organizations in Berlin in Transportation,
Organizations in Berlin in Automotive,
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Organizations in Germany in Marketplace,
Organizations in Germany in Transportation,
Organizations in Germany in Automotive,
Organizations in Europe in Internet,
Organizations in Europe in Marketplace,
Organizations in Europe in Transportation,
Organizations in Europe in Automotive

Investors in Berlin in Internet,
Investors in Berlin in Marketplace,
Investors in Berlin in Transportation,
Investors in Berlin in Automotive,
Investors in Berlin in Internet,
Investors in Berlin in Marketplace,
Investors in Berlin in Transportation,
Investors in Berlin in Automotive,
Investors in Germany in Internet,
Investors in Germany in Marketplace,
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Investors in Europe in Internet,
Investors in Europe in Marketplace,
Investors in Europe in Transportation,
Investors in Europe in Automotive

European Union (EU) (0 Investors) (0 Startups)

Founded date 01, 2016

Founders Andre Kussmann, Sujay Tyle, Peter Lindholm, Ricardo Donoso

Operating Status Active

Funding Stage Late Stage Venture

Last Funding Type Series D

Also known as FCG

Company Type For Profit


Facebook Link

Twitter Link

LinkedIN Link

Wikipedia Link

The company was founded in April 2016 by serial entrepreneur Sujay Tyle, emerging markets specialist Peter Lindholm and experienced team lead André Kussmann. Operations officially launched in September 2016 and they’ve quickly grown from a small scale to managing a large amount of monthly transactions across their component companies just one year after launch. Emerging markets represent a huge stake of used-car market size across the world. These massive markets, combined with a gap to developed nations on innovation, technology and access to capital, makes us perfectly placed to lead the digitization of the automotive sales sector. Emerging markets have large, young populations who are increasingly adopting new technologies, upgrading their cars more frequently and who are more and more concerned about wasting their time with bureaucracy and inefficiencies

Date Round Raised Lead
November, 11, 2019 Series D $400,000,000 Prosus
May, 24, 2018 Series C $89,000,000 Prosus
May, 01, 2018 Debt Financing $17,000,000 TPG Growth, Balderton Capital
March, 29, 2018 Series B $41,000,000 TPG Growth, Balderton Capital
March, 09, 2018 Series B $300,000 -------
December, 20, 2017 Series B $700,000 -------
May, 23, 2017 Series A $22,000,000 TPG, Balderton Capital, EchoVC Partners
January, 01, 2017 Seed Undisclosed ERMAK Group
June, 01, 2016 Seed Undisclosed Troy Capital Partners

Frontier Car Group Participated In the Following Investment Rounds (4)

Organization Name Lead? Round Partners Participating Raise Date
BeliMobilGue Yes Series A ------- $10,000,000 February, 11, 2019
CarFirst Yes Series A ------- $89,000,000 May, 31, 2018
CarFirst Yes Series A ------- Undisclosed June, 06, 2017
Cars45 Yes Series A ------- $5,000,000 May, 01, 2017

Frontier Car Group Investors (28)

Investor Lead? Round Participating Raise Date Partners
Prosus Yes Series D $400,000,000 November, 11, 2019 -------
Prosus Yes Series C $89,000,000 May, 24, 2018 -------
Fraser McCombs Capital No Debt Financing $17,000,000 May, 01, 2018 -------
TPG Growth Yes Debt Financing $17,000,000 May, 01, 2018 -------
Balderton Capital Yes Debt Financing $17,000,000 May, 01, 2018 -------
Autotech Ventures No Debt Financing $17,000,000 May, 01, 2018 -------
Fraser McCombs Capital No Series B $41,000,000 March, 29, 2018 -------
TPG Growth Yes Series B $41,000,000 March, 29, 2018 -------
VentureSouq No Series B $41,000,000 March, 29, 2018 -------
Golden Palm Investments No Series B $41,000,000 March, 29, 2018 -------
Balderton Capital Yes Series B $41,000,000 March, 29, 2018 -------
Perpetual Investors No Series B $41,000,000 March, 29, 2018 -------
Autotech Ventures No Series B $41,000,000 March, 29, 2018 -------
Concentric No Series B $41,000,000 March, 29, 2018 -------
Manta Ray Ventures No Series B $41,000,000 March, 29, 2018 -------
Ali Al-Salim No Series B $41,000,000 March, 29, 2018 -------
TPG Yes Series A $22,000,000 May, 23, 2017 -------
Troy Capital Partners No Series A $22,000,000 May, 23, 2017 -------
Partech No Series A $22,000,000 May, 23, 2017 -------
letters Capital No Series A $22,000,000 May, 23, 2017 -------
Balderton Capital Yes Series A $22,000,000 May, 23, 2017 -------
Tiller Partners No Series A $22,000,000 May, 23, 2017 -------
EchoVC Partners Yes Series A $22,000,000 May, 23, 2017 -------
Frontier Ventures No Series A $22,000,000 May, 23, 2017 -------
Hummingbird Ventures No Series A $22,000,000 May, 23, 2017 -------
New Enterprise Associates No Series A $22,000,000 May, 23, 2017 -------
ERMAK Group Yes Seed Undisclosed January, 01, 2017 -------
Troy Capital Partners Yes Seed Undisclosed June, 01, 2016 -------