About OPENLANE
OPENLANE is a company based in Carmel (United States). It operates as a Two-Sided Marketplace and Commission-Based. OPENLANE has completed 12 acquisitions, including ADESA, Auction Frontier and BacklotCars. OPENLANE offers products and services including OPENLANE US, OPENLANE Canada, OPENLANE Europe, AFC, and AutoVIN.
- Headquarter Carmel, United States
- SectorsConsumer
- Phone•••• ••••
- Website karglobal.com
- Social LinkedIn X Facebook Instagram
- Investments & AcquisitionsADESA
& 11 more
Products & Services of OPENLANE
OPENLANE offers a comprehensive portfolio of products and services, including OPENLANE US, OPENLANE Canada, OPENLANE Europe, AFC, and AutoVIN.
A leading marketplace for dealer and commercial vehicles.
Largest digital wholesale marketplace for used vehicles in Canada.
Leading digital platform for automotive wholesale in Europe.
Financing solutions for independent dealers' vehicle inventory.
Reliable and accurate vehicle inspections for automotive industry.
People of OPENLANE
47 people are tracked at OPENLANE (22 in leadership, 25 in team).
| Name | Role | Group |
|---|---|---|
Rachel Ryan | Director Finance And Compliance - Digital Marketplaces | Leadership |
Peter Kelly | Chief Executive Officer | Leadership |
James Coyle | EVP & Chief Digital Officer | Leadership |
Srisu Subrahmanyam | President, KAR Services Group & EVP, Operations | Leadership |
Louie Meyer | Director, Sales Analytics And Insights | Leadership |
Tony Hobson | Director Of Sales, Major Dealer Groups- Atlantic | Leadership |
Lisa Cheung | Director Of Business Strategy & Analytics, Carsarrive Network | Leadership |
Ronald Wright | Senior Director Strategic Sourcing And Enterprise Optimization | Leadership |
Peter Snoyer | Senior Director Commercial Customer Solutions | Leadership |
Jennifer Hawxhurst | Vice President, Dealer Sales | Leadership |
Jonathan Boodro | Director, Strategic Initiatives And M&a | Leadership |
Sophia C Smith | Head Of Marketing | Leadership |
Rick Rodriguez | Vice President Dealer Sales | Leadership |
Kristen Trout | Vice President, Corporate & Securities Counsel And Assistant Secretary | Leadership |
Brian Litz | Director, Dealer Sales & Business Development | Leadership |
James Tani | Executive Vice President, Dealer Sales | Leadership |
Chris Stickley | Vice President Of Inside Dealer Sales | Leadership |
Eddy Cusan | Vice President Sales | Leadership |
Rachel Daily | Human Resources Director | Leadership |
Sarah Wolfgang | Director, Global Employee Experience | Leadership |
27 more people are available in the full profile.
Complete people profiles for OPENLANE
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
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Investments & Acquisitions by OPENLANE
OPENLANE has strategically engaged in corporate development activities, having acquired 12 companies. Notable acquisitions include ADESA, Auction Frontier and BacklotCars.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Online automobile auctions are provided for auto dealers by CARWAVE. | carwave.com | United States | 2009 | Oct 2021 | $450M | |
Automotive auto parts and accessories are manufactured for vehicles. | auctionfrontier.com | Roseville, United States | 2014 | Apr 2021 | •••• | |
B2B new car marketplace platform | backlotcars.com | New York, United States | 2014 | Sep 2020 | $425M | |
Online used car auction services provider | carsontheweb.com | Tienen, Belgium | 2004 | Nov 2018 | $102.96M | |
Logistics and management software is supplied to repossession companies. | clearplan.io | Mesa, United States | 2014 | Nov 2018 | •••• | |
SaaS fleet management software is delivered for transportation operations. | stratim.com | San Francisco, United States | 2014 | Feb 2018 | •••• | |
Real-time B2B vehicle auctions are conducted online for dealerships. | traderev.com | Carmel, United States | 2009 | Oct 2017 | $50M | |
Online platform for automotive dealers to acquire used cars | drivindealer.com | Chicago, United States | 2015 | Apr 2017 | $43M | |
Cars are auctioned via an online B2B marketplace for dealers. | flintaa.com | Flint, United States | 1953 | Nov 2016 | $76M | |
Automobile warranties and insurance services are provided nationwide. | warrantys.com | Orwigsburg, United States | 1992 | Jun 2013 | •••• |
Complete acquisition details for OPENLANE
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of OPENLANE
10 dated milestones of OPENLANE across 8 years, from founding to its latest funding, stage changes and deals.
- Acquisition Acquires Preferred Warranties.
- Acquisition Acquires Flint Auto Auction.
- Acquisition Acquires Drivin Dealer.
- Acquisition Acquires TradeRev.
- Acquisition Acquires STRATIM.
- Acquisition Acquires Clearplan.
- Acquisition Acquires CarsOnTheWeb.
- Acquisition Acquires BacklotCars.
- Acquisition Acquires Auction Frontier.
- Acquisition Acquires CARWAVE.
Similar companies to OPENLANE
10 companies that operate in the same segment as OPENLANE (Food & Beverage Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online platform food ordering and delivery service | 2008 | Gurugram, Haryana, India | USD 1.69 B | USD 5.79 B | 7,780 | |
Food and grocery deliveries are facilitated through an app-based platform. | 2013 | San Francisco, California, United States | USD 2.47 B | USD 10.72 B | 23,700 | |
Food and grocery items are ordered via an online network. | 2014 | Bengaluru, Karnataka, India | USD 3.54 B | USD 2.46 B | 4,490 | |
Online marketplace offering multi-category grocery products | 2015 | Barcelona, Catalonia, Spain | USD 1.16 B | – | – | |
Food and market delivery services are provided by iFood. | 2011 | Sao Paulo, Brazil | USD 590.8 M | – | – | |
Platform for discovering and sharing local businesses | 2004 | San Francisco, California, United States | USD 56 M | USD 1.46 B | 5,120 | |
Restaurant operations are managed via a cloud-based platform. | 2011 | Boston, Massachusetts, United States | USD 1.15 B | USD 6.15 B | 5,700 | |
Online platform offering discovery of local deals, experiences, and rewards | 2015 | Gurugram, Haryana, India | USD 105.82 M | USD 37.82 M | 414 | |
Wolt is operated as a delivery platform for food and groceries. | 2014 | Helsinki, Finland | USD 827.96 M | – | – | |
Food delivery services are offered in major Indian cities. | 2012 | Mumbai, Maharashtra, India | USD 97.72 M | USD 39.01 M | 3,150 |
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Frequently Asked Questions about OPENLANE
OPENLANE is headquartered in Carmel, United States. It is registered at Carmel, California, United States.
OPENLANE is established as a leader in creating the worlds greatest digital marketplaces for used vehicles. Operations are focused on providing platforms across the United States, Canada, and Europe. Comprehensive solutions are offered, including financing through AFC, vehicle inspections via AutoVIN, and automated shipping services with CarsArrive. Technology solutions like Velocicast for auctions and recovery software through Recovery Database Network are provided. The automotive wholesale industry is supported with end-to-end services, catering to dealers and commercial clients across multiple sectors.
OPENLANE offers OPENLANE US, OPENLANE Canada, OPENLANE Europe, AFC, and AutoVIN.
OPENLANE has made 12 acquisitions, including ADESA, Auction Frontier, and BacklotCars.