About OPENLANE
OPENLANE is a company based in Tienen (Belgium) founded in 2004. It operates as a B2B. The company has 31 employees as of December 31, 2022. OPENLANE operates in a competitive market with competitors including AUTO1.com, Auctelia, TRUST my car, B2cars and DIPLOSTOCK, among others.
- Headquarter Tienen, Belgium
- Employees 31 as on 31 Dec, 2022
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Sectors
Retail
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Phone
*********
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Website
*********
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Social
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- Legal Name Openlane Belgium (Sa)
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
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Employee Count
31
as on Dec 31, 2022
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Funding Insights of OPENLANE
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by OPENLANE
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - OPENLANE
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Openlane Comparisons
Competitors of OPENLANE
OPENLANE 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 AUTO1.com, Auctelia, TRUST my car, B2cars and DIPLOSTOCK, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
AUTO1.com is recognized as Europe’s largest wholesale platform for used cars.
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| domain | founded_year | HQ Location |
Online auctioneer and direct sales of used industrial machinery and professional equipment
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| domain | founded_year | HQ Location |
Provides a platform for individuals to buy and sell used cars.
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| domain | founded_year | HQ Location |
Sells used cars with financing, maintenance, and guarantees for consumers.
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| domain | founded_year | HQ Location |
Operates an online platform for listing used cars.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about OPENLANE
When was OPENLANE founded?
OPENLANE was founded in 2004.
Where is OPENLANE located?
OPENLANE is headquartered in Tienen, Belgium. It is registered at Tienen, Flemish Brabant, Belgium.
How many employees does OPENLANE have?
As of Dec 31, 2022, the latest employee count at OPENLANE is 31.
What does OPENLANE do?
OPENLANE, based in Tienen, focuses on dealing with automotive parts, used vehicles, auctions, and online auctions. Operates an online platform for used car auctions. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.
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