ADESA

Indianapolis, United States Founded: 1991 • Age: 35 yrs Acquired By Carvana
Vehicle auctions and remarketing services are provided for automotive clients.
Annual revenue - Latest available
Total funding - Funding intelligence
Employees - Tracked headcount
Investors 3 Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

About ADESA

ADESA is a company based in Indianapolis (United States) founded in 1991 was acquired by Carvana in February 2022. ADESA operates in a competitive market with competitors including CarLotz, Copart, Droom, Rollick and Edmunds.com, among others.

  • Headquarter Indianapolis, United States
  • Sectors
    Transportation, Automotive & Logistics
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Adesa Us Auction, Llc
Operational Areas
Transportation, Automotive & Logistics → Automotive Retail, Aftermarket & Services Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Latest Funding Round
    Not available
  • Investors
    Carvana

    & 2 more

  • Employee Count
    Not available
  • Acquired by
    Carvana

    & 2 more

    (Feb 28, 2022)

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People of ADESA

Headcount 5000-10000
Employee Profiles 23
Employee Profiles
People
Wesley Kent
VP of Programs and Operations
People
Eddy Cusan
VP of Commercial Sales
People
John Hammer
President
People
Srisu Subrahmanyam
Chief Operating Officer, US

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Funding Insights of ADESA

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Detailed funding history for ADESA

Round names, dates, amounts, investors, and valuation history require an active premium plan.

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  • Funding amounts
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  • Valuation history

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Investors in ADESA

ADESA has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include Carvana, Minnesota Power and OPENLANE.

All
Institutional
Investor Description Founded Year Domain Location
OPENLANE is recognized for building digital marketplaces for used vehicles.
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Provider of energy solutions and services for residential and commercial customers.
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Pre-owned vehicles are sold online with financing and valuation services.
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Investor details for ADESA

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  • Investor domains
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Investments & Acquisitions by ADESA

Investments
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Investment portfolio details for ADESA

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  • Transaction dates
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Financial Statements - ADESA

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Detailed financials for ADESA

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  • Profit trends
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Adesa Comparisons

ADESA Primary company
Description
Vehicle auctions and remarketing services are provided for a...
Location
Indianapolis, United States
Founded Year
1991
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for ADESA

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Competitors of ADESA

ADESA operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as CarLotz, Copart, Droom, Rollick and Edmunds.com, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Used cars are traded via an online consignment platform.
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Used and salvaged vehicles are offered via an online marketplace.
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Used vehicles are bought and sold through an AI platform.
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Omnichannel marketing automation is provided to automotive OEMs and dealers.
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Multi-category used vehicles are listed and compared online for consumers.
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Retail chain of pre-owned car dealerhsips
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Detailed competitors of ADESA

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Latest news on Adesa

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Complete news archive for ADESA

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Frequently Asked Questions about ADESA

ADESA was founded in 1991.

ADESA is headquartered in Indianapolis, United States. It is registered at Indianapolis, Indiana, United States.

Laura Borusas is the current CEO of ADESA.

ADESA was founded in 1991 and is headquartered in Indianapolis, United States. Operations focus on the automotive sector, where vehicle auctions and remarketing services are delivered to manufacturers, financiers, insurance providers, fleet managers, dealers, and related entities. A full spectrum of support is offered, including online bidding, reconditioning, logistics, inspections, inventory audits, and outsourcing for live auctions, repossessions, titling, and sales through a network of agents and representatives.

ADESA's top competitors include CarLotz, Droom and Copart.

ADESA has 3 investors. Key investors include Carvana, Minnesota Power, and OPENLANE.

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