OPENLANE - Crunchbase Company Profile & Funding

Q: Who invested in OPENLANE?

OPENLANE has 4 investors including Meritech Capital Partners And August Capital.

Q: When was the last funding round for OPENLANE?

OPENLANE closed its last funding round on obfuscated from a Venture - Series Unknown round.

Q: How much funding has OPENLANE raised to date?

OPENLANE has raised obfuscated.

Overview

OPENLANE

Total Funding

obfuscation

Growth Score

Heat Score

Company Performance Metrics

Score

Trend

About These Metrics

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Growth Score - The measure of growth based on company activity, operational metrics, and investments

Growth Trend - The change in the growth score over the given time period

Heat Score - The measure of the market interest, media activity, and Crunchbase profile activity

Heat Trend - The change in the heat score over the given time period

Recent Events

Raised Funding Round

Jan 1, 1970

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Raised Funding Round

Jan 1, 1970

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About OPENLANE

CB Rank

161214

OPENLANE is an online auction company for automotive dealers to buy and sell wholesale vehicles.

Acquired by

Openlane (formerly KAR Global)

Founded

obfuscation

Private

Venture - Series Unknown

Redwood City, California, United States

1001-5000

www.openlane.com

Automotive

E-Commerce

Electric Vehicle

Recreational Vehicles

Wholesale

Funding Rounds

Venture - Series Unknown

OBF

obfuscation

Venture - Series Unknown

OBF

obfuscation

Key People

Peter Kelly: Chief Executive Officer
Past Role: Openlane (formerly KAR Global), President ,CTO

Details

Legal Name

OPENLANE, Inc.

Operating Status

Active

Company Type

For Profit

Founders

Adam Boyden, Clive Kinross, Jorge Borbolla

About the Company

OPENLANE is an online auction company for automotive dealers to buy and sell wholesale vehicles. It offers end-to-end auto remarketing solutions to auto manufacturers, captive finance companies, lease and daily rental companies, financial institutions, and wholesale auto auctions.

Phone Number

+1 650 412 4001

Contact Email

dealer_info@openlane.com

Predictions & Insights

Growth Insight

See this Growth Insight

OPENLANE is

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to be growing

Top Contributing Factors

Financial Growth

Growth Prediction

See this Growth Prediction

Top Contributing Factors

Key Employee Changes

Products & Services

OPENLANE Digital Marketplace

An online platform connecting automotive dealers to buy and sell wholesale used vehicles through auctions and marketplace listings.

Vehicle Condition Reports and Inspections

Comprehensive vehicle inspections and condition reports enhanced with AI and audio recordings to provide detailed mechanical and visual information.

Research & Development

OPENLANE is

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...

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Financials

Company Funding

Funding Rounds

Investors

Total Funding Amount

obfuscation

Number of Funding Rounds

Unlock company funding data, including rounds, dates, amounts, and investors.

Announced Date	Transaction Name	Number of Investors	Money Raised	Lead Investors	Funding Type
obfuscated obfuscation	Venture Round - OPENLANE	3	obfuscated obfuscation	—	Venture - Series Unknown
obfuscated obfuscation	Venture Round - OPENLANE	3	obfuscated obfuscation	—	Venture - Series Unknown
obfuscated obfuscation	Venture Round - OPENLANE	3	obfuscated obfuscation	—	Venture - Series Unknown
obfuscated obfuscation	Venture Round - OPENLANE	3	obfuscated obfuscation	—	Venture - Series Unknown
obfuscated obfuscation	Venture Round - OPENLANE	3	obfuscated obfuscation	—	Venture - Series Unknown

Funding Rounds

Total Funding Amount

obfuscation

Number of Funding Rounds

Unlock company funding data, including rounds, dates, amounts, and investors.

Announced Date	Transaction Name	Number of Investors	Money Raised	Lead Investors	Funding Type
obfuscated obfuscation	Venture Round - OPENLANE	3	obfuscated obfuscation	—	Venture - Series Unknown
obfuscated obfuscation	Venture Round - OPENLANE	3	obfuscated obfuscation	—	Venture - Series Unknown
obfuscated obfuscation	Venture Round - OPENLANE	3	obfuscated obfuscation	—	Venture - Series Unknown
obfuscated obfuscation	Venture Round - OPENLANE	3	obfuscated obfuscation	—	Venture - Series Unknown
obfuscated obfuscation	Venture Round - OPENLANE	3	obfuscated obfuscation	—	Venture - Series Unknown

Investors

Unlock company funding data, including rounds, dates, amounts, and investors.

Investor Name	Lead Investor	Funding Round	Partners
Meritech Capital Partners	—	Venture Round - OPENLANE	Paul Madera
Meritech Capital Partners	—	Venture Round - OPENLANE	Paul Madera
Meritech Capital Partners	—	Venture Round - OPENLANE	Paul Madera
Meritech Capital Partners	—	Venture Round - OPENLANE	Paul Madera
Meritech Capital Partners	—	Venture Round - OPENLANE	Paul Madera