When was Frontier Car Group founded?

Frontier Car Group was founded in 2016 and raised its 1st funding round within a year of its incorporation.

Where is Frontier Car Group located?

Frontier Car Group is headquartered in Berlin, Germany.

How many employees does Frontier Car Group have?

As of Mar 01, 2026, the latest employee count at Frontier Car Group is 50 - 199.

Is Frontier Car Group a funded company?

Frontier Car Group is a funded company, having raised a total of $553M across 6 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on 2016.

When was the latest funding round of Frontier Car Group?

Frontier Car Group's latest funding was a $***** Series D round on Jan 02, 2020, with participation from 1 investor.

Where does Frontier Car Group rank among its competitors?

Frontier Car Group ranks 2nd amongst 4 active competitors, none of which are funded.

Who are the top competitors of Frontier Car Group?

Frontier Car Group's top competitors include AUTO1 Group, BINGOOO and Trygg Bilaffar. Among them, AUTO1 Group secured the most recent funding round in July, 2020.

Frontier Car Group - 2026 Company Profile, Team, Funding & Competitors

Company Details

Frontier Car Group builds and runs digital used car marketplaces in emerging markets across the world. Some of its C2B marketplaces include Vendenos tu Auto in Chile, VendeTuAuto in Mexico, Cars45 in Nigeria, Ototrink in Turkey, CarFirst in Pakistan, and BeliMobilGue in Indonesia. Its marketplaces enable sellers to get online quotes with instant pricing, schedule physical inspections and one of its inspection centers, and get a competitive offer from the dealer network. The company also offers a range of B2B and B2C financial products.

Website: frontiercargroup.com
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Email ID: *****@frontiercargroup.com

Key Metrics

Founded Year

2016

Location

Berlin, Germany

Stage

Acquired

Total Funding

$553M in 6 rounds

Latest Funding Round

Series D, Jan 02, 2020, $*****

Investors

Balderton Capital & 26 more

Ranked

2^nd among 4 active competitors

Employee Count

50 - 199 as on Mar 01, 2026

Investment & Acquisitions

OLX & 2 more

Similar Companies

CarPrice & 126 more

Exit Details

Acquired by Olx Group (Aug 05, 2020)

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Frontier Car Group got acquired by Olx Group on Aug 05, 2020.

Click here to take a look at Frontier Car Group's acquisition in detail

Frontier Car Group has raised a total funding of $553M over 6 rounds. Its first funding round was on 2016. Its latest funding round was a Series D round on Jan 02, 2020 for $*****. 1 investor participated in its latest round. Frontier Car Group has 26 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Frontier Car Group:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jan 02, 2020	5211744	Series D	3383975	2612920	6849214	7938721
May 24, 2018	5567166	Series C	1434053	3039832	6156351	1101965
May 01, 2018	5454784	Conventional Debt	6492950	9063585	6493500	8870798

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View details of Frontier Car Group's funding rounds and investors

The founders of Frontier Car Group are Andre Kussmann, Daniel Esponda and André Kussmann.

Here are the details of Frontier Car Group's key team members:

Andre Kussmann: Co-Founder & CTO of Frontier Car Group. They serve on the board of 1 company.
Daniel Esponda: Co-Founder of Frontier Car Group.
André Kussmann: CTO and Co-Founder of Frontier Car Group.

Frontier Car Group's Board of Directors

Frontier Car Group's board has 3 active members. Andre Kussmann is part of team and Randi Mette Selnes and Katja Gogalla are independent board members.

Here is the list of Frontier Car Group's board of directors:

Name	Type	Representing	Status	Duration
Andre Kussmann	Team	-	Current	10y 1m
Randi Mette Selnes	Independent board member	-	Current	10y 1m
xpdgedx	Independent board member	-	Current	1y 1m

View details of Frontier Car Group's Founder profiles and Board Members

Frontier Car Group's employee count trend

Frontier Car Group has 50 - 199 employees as of Mar 26. Here is Frontier Car Group's employee count trend over the years:

Employee count trend for Frontier Car Group

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Top competitors of Frontier Car Group include AUTO1 Group, BINGOOO and Trygg Bilaffar. Here is the list of Top 10 competitors of Frontier Car Group, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	AUTO1 Group 2012, Berlin (Germany), Public	Online B2B marketplace for used cars	$1.4B	Baillie Gifford, The Baupost Group & 27 others	68/100
2nd	Frontier Car Group 2016, Berlin (Germany), Acquired	Builds & runs C2B marketplaces for used cars in emerging markets	$553M	TriplePoint Capital, Prosus & 25 others	57/100
3rd	BINGOOO 1999, Bonn (Germany), Unfunded	Online B2B marketplace for used cars	-	-	23/100
4th	Trygg Bilaffar 2018, Gothenburg (Sweden), Unfunded	Online platform for selling cars to a trusted car dealer, providing a hassle-free experience.	-	-	16/100
5th	FleetTrading 2018, Lidingo (Sweden), Deadpooled	B2B auction marketplace for auto traders	-	-	15/100

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Frontier Car Group has made 3 investments including OLX, BeliMobilGue.co.id and Cars45. Frontier Car Group has not made any acquisitions as of now.

Here is the list of its investments:

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Feb 12, 2019	Investments	OLX	2005	Gurugram (India)
Feb 12, 2019	Investments	BeliMobilGue.co.id	2017	Jakarta (Indonesia)
May 01, 2017	Investments	Cars45	2016	Lagos (Nigeria)