Insights

Innovative Product Launches OPENLANE launched Code Boost IQ, a tool that enhances vehicle inspection for faster decision-making, presenting an opportunity to target dealers looking to improve their inventory management processes.

Automated Sales Tool The introduction of Automated Absolute Sale by OPENLANE allows US sellers to set price thresholds that trigger immediate sales, offering a potential entry point for engaging with sellers looking for streamlined selling options.

Strategic Hiring Moves OPENLANE appointed key personnel like Itunu Orelaru to crucial roles such as Head of Investor Relations, indicating a focus on investor communication that could be leveraged to attract potential investors or strategic partnerships.

Investment by Financial Firms Financial firms like Capstone Investment Advisors and Connor, Clark & Lunn have invested in OPENLANE, showing confidence in the company's growth potential and creating opportunities for collaboration with other financial institutions or investors.

Market Expansion through Funding With a revenue range of $100M - 1B and a funding of $10M, OPENLANE has the financial backing to explore new markets or enhance its current offerings, making it a prospect for partnerships looking to tap into a successful player in the used vehicle marketplace.

Similar companies to OPENLANE

OPENLANE Tech Stack

OPENLANE uses 8 technology products and services including Google Analytics, Google Cloud, styled-components, and more. Explore OPENLANE's tech stack below.

Google Analytics
Analytics
Google Cloud
Infrastructure As A Service
styled-components
Javascript Frameworks
Intercom
Live Chat
Java
Programming Languages
X-XSS-Protection
Security
HSTS
Security
Google Tag Manager
Tag Management

Media & News

OPENLANE's Email Address Formats

OPENLANE uses at least 1 format(s):

OPENLANE Email Formats	Example	Percentage
FLast@openlane.com	JDoe@openlane.com	92%
First.Last@openlane.com	John.Doe@openlane.com	5%
FirstLast@openlane.com	JohnDoe@openlane.com	2%
First@openlane.com	John@openlane.com	1%

Frequently Asked Questions

Where is OPENLANE's headquarters located?

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

What is OPENLANE's phone number?

You can contact OPENLANE's main corporate office by phone at

+1-650-412-****

. 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?

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

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

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

How much revenue does OPENLANE generate?

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

What is OPENLANE's NAICS code?

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

How many employees does OPENLANE have currently?

As of September 2024, OPENLANE has approximately 5.3K employees across 6 continents, including North AmericaSouth AmericaEurope. Key team members include Chief Information Security Officer: L. R.Vice President Human Resources: J. W.Vice President Of Product Management: R. P.. Explore OPENLANE's employee directory with LeadIQ.

What industry does OPENLANE belong to?

OPENLANE operates in the Motor Vehicle Manufacturing industry.

What technology does OPENLANE use?

OPENLANE's tech stack includes Google AnalyticsGoogle Cloudstyled-componentsIntercomJavaX-XSS-ProtectionHSTSGoogle Tag Manager.

What is OPENLANE's email format?

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

How much funding has OPENLANE raised to date?

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

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

Company Overview

Headquarters: 11229 Illinois St Carmel, Indiana 46032 US
Phone number: ✕
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+1-650-412-****
Website: openlane.com
Stock Symbol: KAR
NAICS Code: 423110 - Automobile and Other Motor Vehicle Merchant Wholesalers
Employees: 5001-10000

Media & News

Funding & 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

Funding & 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

Company Leadership

L. R.
Chief Information Security Officer
✕
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J. W.
Vice President Human Resources
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R. P.
Vice President Of Product Management
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D. C.
Vice President Of Operations
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A. G.
Vice President Of Tax
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Employee Directory

R. D.
Co-Founder
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J. W.
Vice President Human Resources
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S. S.
Executive Vice President Of Operations, And President, Services And International Markets
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K. C.
Senior Vice President And Head Of Global Service Operations At Openlane
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R. M.
Senior Vice President Of Technology
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OPENLANE Tech Stack

Media & News

OPENLANE, Inc. launched Code Boost IQ on Aug 15th '24.

OPENLANE, Inc. launches Automated Absolute Sale.

OPENLANE, Inc. hired Orelaru on Jul 23rd '24.

OPENLANE, Inc. promoted Itunu Orelaru to Head of Investor Relations on Jul 17th '24.

Capstone Investment Advisors LLP invests into OPENLANE, Inc. $221K.

Castle Rock, CO invests into OPENLANE, Inc. $932K.

Connor, Clark & Lunn group invests into OPENLANE, Inc..

OPENLANE's Email Address Formats

Frequently Asked Questions

Where is OPENLANE's headquarters located?

What is OPENLANE's phone number?

What is OPENLANE's stock symbol?

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

How much revenue does OPENLANE generate?

What is OPENLANE's NAICS code?

How many employees does OPENLANE have currently?

What industry does OPENLANE belong to?

What technology does OPENLANE use?

What is OPENLANE's email format?

How much funding has OPENLANE raised to date?

OPENLANE

Company Overview

Media & News

OPENLANE, Inc. launched Code Boost IQ on Aug 15th '24.

OPENLANE, Inc. launches Automated Absolute Sale.

OPENLANE, Inc. hired Orelaru on Jul 23rd '24.

Funding & Financials

Funding & Financials

Company Leadership

Employee Directory

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