About OpenRoad Lending
OpenRoad Lending is a Transportation, Automotive & Logistics company based in Fort Worth (United States) founded in 2009. Auto loans for refinancing and purchases are offered online. It operates in the Transportation, Automotive & Logistics and Financial Services sectors. The company has 203 employees. Its website openroadlending.com draws about 35 thousand monthly visits. OpenRoad Lending offers products and services including Auto Refinancing Service, GAP Coverage, and Vehicle Service Contracts. Its focus areas include FinTech, Alternative Lending, Online Lenders and Consumer Loans. Its legal entity is OPENROAD LENDING, LLC,. Its competitors include iLending, Refi My Auto and AutoApprove.
Company details
OpenRoad Lending was established in 2009 in Fort Worth, United States, within the financial services sector focused on automotive financing. Online platforms are utilized to deliver refinancing options for existing auto loans and financing for new vehicle purchases. Services are extended to consumers seeking competitive rates and streamlined application processes across the United States, with operations centered on digital accessibility and efficiency in loan processing.
- Headquarters Fort Worth, United States
- Employees 203
- SectorsTransportation, Automotive & LogisticsFinancial Services
- Website openroadlending.com
- Social LinkedIn X Facebook
- Legal Name Openroad Lending, Llc,
- Investors
- Employee Count203
Products & Services of OpenRoad Lending
OpenRoad Lending offers a comprehensive portfolio of products and services, including Auto Refinancing Service, GAP Coverage, and Vehicle Service Contracts.
Helps refinance auto loans to lower payments and secure better rates
Provides protection for loan gaps in case of vehicle total loss
Offers extended warranties for vehicle maintenance and repairs
Funding Insights of OpenRoad Lending
- Total Rounds 1
- Investors Count 1
All 1 funding rounds of OpenRoad Lending with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2021 | Private Equity Round | – | – |
1 investors in total: 1 institutional.
Investors in OpenRoad Lending
OpenRoad Lending has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Clarion Capital Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Clarion Capital Partners is engaged in private equity and credit investments. | clarion-capital.com | New York, United States |
Investor details for OpenRoad Lending
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- Complete investor list
- Round participation
- Investor portfolios
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People of OpenRoad Lending
8 people are tracked at OpenRoad Lending (5 in leadership, 3 in team); the tracked headcount is 203.
| Name | Role | Group |
|---|---|---|
Don Chapman | Chief Marketing Officer | Leadership |
Chris Goodman | President / CEO | Leadership |
Dana Olsson, MHRM,PHR | Chief People Officer | Leadership |
Joseph Everly | CTO | Leadership |
Paul Panek | Chief Operating Officer | Leadership |
Victor Domin | Senior Business Data Analyst | Team |
Rachel Oliver | Sales Team Lead | Team |
Jenna Canales | Senior Team Lead - Sales | Team |
Complete people profiles for OpenRoad Lending
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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Timeline of OpenRoad Lending
2 dated milestones of OpenRoad Lending across 12 years, from founding to its latest funding, stage changes and deals.
- Founded OpenRoad Lending is founded.
- Funding First funding round.
Competitors of OpenRoad Lending
OpenRoad Lending has 3 listed competitors in our database. They include iLending, Refi My Auto and AutoApprove.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ilendingcarloanrefinancing.com | 2021 | Englewood, United States | Automobile refinancing is enabled via an online marketplace platform. | |||
| refimyauto.com | 2000 | Phoenix, United States | A digital hub simplifying auto loan refinancing processes. | |||
| autoapprove.com | 2016 | Brooklyn Center, United States | An online platform for refinancing car loans. |
Detailed competitors of OpenRoad Lending
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- Full competitor set
- Operating metrics
- Benchmarks
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Web traffic of OpenRoad Lending
The website of OpenRoad Lending (openroadlending.com) receives about 35.4K visits a month.
- Monthly visits35.4K
▼ 8.1% vs previous month
Websites whose visitors overlap most with OpenRoad Lending. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| marketwatch.com | 100% | 34.7M | #2,123 | View details | |
| lendingtree.com | 82% | 5.1M | #12,884 | View details | |
advantageautoloans.com | advantageautoloans.com | 70% | #90,719 | – | |
| ilendingcarloanrefinancing.com | 65% | 29.6K | #1,010,562 | View details | |
| dividendstocksonline.com | 63% | View details | |||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 9 similar websites and full traffic analytics for OpenRoad Lending
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- 9 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
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Related news about Openroad Lending
Complete news archive for OpenRoad Lending
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Frequently Asked Questions about OpenRoad Lending
OpenRoad Lending was founded in 2009 and raised its 1st funding round 12 years after it was founded.
OpenRoad Lending is headquartered in Fort Worth, United States. It is registered at Fort Worth, Texas, United States.
OpenRoad Lending has 203 employees.
OpenRoad Lending was established in 2009 in Fort Worth, United States, within the financial services sector focused on automotive financing. Online platforms are utilized to deliver refinancing options for existing auto loans and financing for new vehicle purchases. Services are extended to consumers seeking competitive rates and streamlined application processes across the United States, with operations centered on digital accessibility and efficiency in loan processing.
OpenRoad Lending's top competitors include iLending, Refi My Auto and AutoApprove.
OpenRoad Lending offers Auto Refinancing Service, GAP Coverage, and Vehicle Service Contracts.
OpenRoad Lending has 1 investor. Key investors include Clarion Capital Partners.
OpenRoad Lending operates through Openroad Lending, Llc,.