OpenRoad Lending

Fort Worth, United States Founded: 2009 • Age: 17 yrs
Auto loans for refinancing and purchases are offered online.
Annual revenue - Latest available
Total funding - 1 rounds
Employees 203 Tracked headcount
Investors 1 Known backers
Products 3 Services tracked
Competitors 5 Brand Intelligence

About OpenRoad Lending

OpenRoad Lending is a company based in Fort Worth (United States) founded in 2009. The company has 203 employees as of December 31, 2022. OpenRoad Lending offers products and services including Auto Refinancing Service, GAP Coverage, and Vehicle Service Contracts. OpenRoad Lending operates in a competitive market with competitors including iLending, Refi My Auto, AutoApprove and Refi Your Auto, among others.

  • Headquarter Fort Worth, United States
  • Employees 203 as on 31 Dec, 2022
  • Sectors
    Transportation, Automotive & Logistics
    Financial Services
  • Phone
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  • Website
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  • Social
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  • Legal Name Openroad Lending, Llc,
Operational Areas
Transportation, Automotive & Logistics → Automotive Retail, Aftermarket & Services Unlock Sub-Sector Unlock Segment
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
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
  • Employee Count
    203

    as on Dec 31, 2022

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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.

Product name locked
Category locked
Primary

Helps refinance auto loans to lower payments and secure better rates

Product name locked
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Provides protection for loan gaps in case of vehicle total loss

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Offers extended warranties for vehicle maintenance and repairs

People of OpenRoad Lending

Headcount 50-200
Employee Profiles 8
Employee Profiles
People
Don Chapman
Chief Marketing Officer
People
Dana Olsson, MHRM,PHR
Chief People Officer
People
Joseph Everly
CTO
People
Victor Domin
Senior Business Data Analyst

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Funding Insights of OpenRoad Lending

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.

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Venture Fund
Investor Description Founded Year Domain Location
Clarion Capital Partners is engaged in private equity and credit investments.
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Investor details for OpenRoad Lending

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  • Participation history

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Investments & Acquisitions by OpenRoad Lending

Investments
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Investment portfolio details for OpenRoad Lending

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  • Transaction dates
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Financial Statements - OpenRoad Lending

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Detailed financials for OpenRoad Lending

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  • Profit trends
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Openroad Lending Comparisons

OpenRoad Lending Primary company
Description
Auto loans for refinancing and purchases are offered online.
Location
Fort Worth, United States
Founded Year
2009
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
203
As of 2022
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Peer comparison for OpenRoad Lending

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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Competitors of OpenRoad Lending

OpenRoad Lending 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 iLending, Refi My Auto, AutoApprove and Refi Your Auto, among others.

Company Name Domain Founded year HQ Location Description
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Automobile refinancing is enabled via an online marketplace platform.
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A digital hub simplifying auto loan refinancing processes.
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An online platform for refinancing car loans.
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Operates a digital marketplace for refinancing auto loans.
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Detailed competitors of OpenRoad Lending

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Latest news on Openroad Lending

Clarion invests in OpenRoad Lending
Pehub4 years ago
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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.

As of Dec 31, 2022, the latest employee count at OpenRoad Lending is 203.

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.

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