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Insights

Tech Stack Diversity OPENLANE utilizes a diverse tech stack including Microsoft Clarity, Snowflake, Node.js, and more. This presents opportunities for technology service providers to offer complementary solutions and services to enhance OPENLANE's digital marketplaces.

Recent Product Launches The recent launch of Code Boost IQ and Automated Absolute Sale showcases OPENLANE's commitment to innovation in the vehicle inspection and sales process. This creates sales opportunities for technology companies offering tools that can integrate or enhance these features.

Investment Interest Capstone Investment Advisors LLP and other firms have recently invested in OPENLANE, signaling investor confidence in the company. This could be leveraged by financial institutions and investment firms looking to offer financial services to OPENLANE or its stakeholders.

Key Personnel Changes The promotion of Itunu Orelaru to Head of Investor Relations and the hiring of Orelaru for financial planning and analysis roles indicate a focus on strengthening investor relations and financial strategy. This presents sales opportunities for consultancy firms offering financial advisory services.

Market Expansion through Funding With a revenue range of $100M - 1B and recent investments, OPENLANE is poised for growth and potential market expansion. This attracts opportunities for partnerships with companies looking to tap into the used vehicle wholesale market and capitalize on OPENLANE's success.

Similar companies to OPENLANE

OPENLANE Tech Stack

OPENLANE uses 8 technology products and services including Microsoft Clarity, Snowflake, git, and more. Explore OPENLANE's tech stack below.

  • Microsoft Clarity
    Analytics
  • Snowflake
    Data Management Platforms
  • git
    Development
  • jQuery
    Javascript Libraries
  • Node.js
    Programming Languages
  • C++
    Programming Languages
  • Go
    Programming Languages
  • RabbitMQ
    Software Framework

Media & News

OPENLANE's Email Address Formats

OPENLANE uses at least 1 format(s):
OPENLANE Email FormatsExamplePercentage
FLast@openlane.comJDoe@openlane.com
88%
First.Last@openlane.comJohn.Doe@openlane.com
9%
FirstLast@openlane.comJohnDoe@openlane.com
2%
First@openlane.comJohn@openlane.com
1%

Frequently Asked Questions

Where is OPENLANE's headquarters located?

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OPENLANE's main headquarters is located at 11229 Illinois St Carmel, Indiana 46032 US. The company has employees across 6 continents, including North AmericaEuropeSouth America.

What is OPENLANE's phone number?

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You can contact OPENLANE's main corporate office by phone at . For more prospecting data, LeadIQ has access to up-to-date and accurate contact information within our platform. Find, capture, and sync contact data to your CRM and sales tools in one click.

What is OPENLANE's stock symbol?

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OPENLANE is a publicly traded company; the company's stock symbol is KAR.

What is OPENLANE's official website and social media links?

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OPENLANE's official website is openlane.com and has social profiles on LinkedIn.

How much revenue does OPENLANE generate?

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As of November 2024, OPENLANE's annual revenue reached $750M.

What is OPENLANE's NAICS code?

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OPENLANE's NAICS code is 423110 - Automobile and Other Motor Vehicle Merchant Wholesalers.

How many employees does OPENLANE have currently?

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As of November 2024, OPENLANE has approximately 5.3K employees across 6 continents, including North AmericaEuropeSouth America. Key team members include Chief Executive Officer: J. H.Chief Executive Officer: M. M.Chief Operating Officer: N. P.. Explore OPENLANE's employee directory with LeadIQ.

What industry does OPENLANE belong to?

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OPENLANE operates in the Motor Vehicle Manufacturing industry.

What technology does OPENLANE use?

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OPENLANE's tech stack includes Microsoft ClaritySnowflakegitjQueryNode.jsC++GoRabbitMQ.

What is OPENLANE's email format?

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OPENLANE's email format typically follows the pattern of . Find more OPENLANE email formats with LeadIQ.

How much funding has OPENLANE raised to date?

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As of November 2024, OPENLANE has raised $10M in funding. The last funding round occurred on Dec 31, 2008 for $10M.
OPENLANE

OPENLANE

Motor Vehicle ManufacturingIndiana, United States5001-10000 Employees

We’re a tight-knit team of fearless entrepreneurs and diverse waybuilders redefining how used cars are bought and sold everyday. We make wholesale easy so our customers can be more successful – by building the world’s greatest digital marketplaces for used vehicles. Our team helps the world’s largest OEMs, dealers, fleet operators, rental companies and financial institutions drive their businesses forward everyday. 

Looking for your next adventure? From creative design to engineering, software development to manufacturing, to marketing and finance - your journey can start here. 

Explore our roles today:
corporate.openlane.com/careers

Section iconCompany Overview

Headquarters
11229 Illinois St Carmel, Indiana 46032 US
Phone number
Stock Symbol
KAR
NAICS Code
423110 - Automobile and Other Motor Vehicle Merchant Wholesalers
Employees
5001-10000

Section iconFunding & Financials

  • $10M

    OPENLANE has raised a total of $10M of funding over 3 rounds. Their latest funding round was raised on Dec 31, 2008 in the amount of $10M.

  • $100M$1B

    OPENLANE's revenue is in the range of $100M$1B

Section iconFunding & Financials

  • $10M

    OPENLANE has raised a total of $10M of funding over 3 rounds. Their latest funding round was raised on Dec 31, 2008 in the amount of $10M.

  • $100M$1B

    OPENLANE's revenue is in the range of $100M$1B

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