/Companies

Frontier Car Group

acquired by OLX

Spring, US · Founded 2016 · 17 known investors

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Used-car marketplaces in emerging market economies; acquired by OLX

Founders & leadership

AK
André KussmannFounder
PL
Peter LindholmFounder
ST
Sujay TyleFounder
DW
Daniel WaterhouseNamed on SEC filing

Investors · 17

Also in the syndicate · 2

TPG GrowthleadTPG/Satya

Funding

SEC filings, press & company announcements

$349.1M disclosed across 5 of 7 rounds · 2016–2019

▶$168MraisedJan 2020 · 1 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Suresh KrishnanDirector
  • Tim HilpertDirector
  • Peter LindholmDirector
  • Sujay TyleExecutive Officer, Director
  • Marcin UrbanczykDirector
Offering amount
$168M
Amount sold
$168M
First sale
Dec 2019
Incorporated
Corporation, Delaware, 2016
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$76.4MraisedMay 2018 · 1 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Sujay TyleExecutive Officer, Director
  • Leonardo RubinsteinDirector
  • Mark NormanDirector
  • Olaf ZschiedrichDirector
  • Daniel WaterhouseDirector
  • Peter LindholmDirector
Offering amount
$76.4M
Amount sold
$76.4M
First sale
May 2018
Incorporated
Corporation, Delaware, 2016
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$42MraisedMar 2018 · 46 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Sujay TyleExecutive Officer, Director
  • Daniel WaterhouseDirector
  • Peter LindholmDirector
Offering amount
$42M
Amount sold
$42M
First sale
Jan 2018
Incorporated
Corporation, Delaware, 2016
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$21.8MraisedApr 2017 · 28 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Daniel WaterhouseDirector
  • Sujay TyleExecutive Officer, Director
  • Peter LindholmDirector
Offering amount
$21.8M
Amount sold
$21.8M
First sale
Dec 2016
Incorporated
Corporation, Delaware, 2016
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Founder mafia

4 people who came through Frontier Car Group went on to found or lead other companies.

In the news

Frequently asked questions

What does Frontier Car Group do?
Used-car marketplaces in emerging market economies; acquired by OLX
Who are Frontier Car Group's investors?
Frontier Car Group's investors include Autotech Ventures, Balderton Capital, Fraser McCombs Capital, Frontier Ventures, Future Africa, Hummingbird Ventures, Kima Ventures, Manta Ray Ventures and 7 more.
How much funding has Frontier Car Group raised?
Frontier Car Group has disclosed $349.1M raised across 5 of its 7 known rounds.
Who acquired Frontier Car Group?
Frontier Car Group was acquired by OLX.
Where is Frontier Car Group headquartered?
Frontier Car Group is headquartered in Spring, US.