Tech Company Financing Transactions
Frontier Car Group Funding Round
Frontier Car Group, based in Berlin, raised $22 million from Balderton Capital, EchoVC Partners and New Enterprise Associates.
Transaction Overview
Company Name
Announced On
5/24/2017
Transaction Type
Venture Equity
Amount
$22,000,000
Round
Undisclosed
Investors
Balderton Capital (Lead Investor) (Daniel Waterhouse)
EchoVC Partners (Eghosa Omoigui)
Proceeds Purpose
FCG will put the funds toward building and growing businesses in top tier emerging markets Chile, Mexico, Nigeria, Pakistan and Turkey.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
Karl-Liebknecht-Straße 29 12. OG
Berlin, 10178
Germany
Berlin, 10178
Germany
Phone
Undisclosed
Website
Email Address
Overview
Frontier Car Group builds and runs marketplaces focused on emerging markets in the auto sector. The focus of FCG is to increase efficiency of selling and buying cars in challenging environments through technology implementation and infrastructure creation.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Sujay Tyle
Chief Operating Officer
Eyass Shakrah
Chief Technical Officer
André Kussmann
Co-Founder
Peter Lindholm
VP - Finance
Peter Malmqvist
VP - Product Management
Florian Sauter
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