About Recovery Database Network
Recovery Database Network is a company based in Mesa (United States) founded in 1999 was acquired by Openlane in August 2010.. Recovery Database Network offers products and services including RDN, Clearplan, and Cleardata. Recovery Database Network operates in a competitive market with competitors including Clerkie, InDebted, Valon Mortgage, CreditMate and Creditas, among others.
- Headquarter Mesa, United States
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Sectors
Financial ServicesTransportation, Automotive & Logistics
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Email
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Phone
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Website
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Products & Services of Recovery Database Network
Recovery Database Network offers a comprehensive portfolio of products and services, including RDN, Clearplan, and Cleardata. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for managing repossession orders and accounts securely.
App for efficient account handling in repossession operations.
System for simplifying collateral processing after recovery.
Funding Insights of Recovery Database Network
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Investors in Recovery Database Network
Recovery Database Network has secured backing from 1 investor. Prominent investors backing the company include Openlane. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Wholesale used vehicles are auctioned online for dealers.
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Recovery Database Network
| 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 - Recovery Database Network
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Recovery Database Network Comparisons
Competitors of Recovery Database Network
Recovery Database Network 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 Clerkie, InDebted, Valon Mortgage, CreditMate and Creditas, 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 |
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| domain | founded_year | HQ Location |
Platform for loan servicing and credit score building through debt management
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Cloud-based debt collection solutions are offered to businesses.
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Cloud-native marketplace for mortgage loans
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Overdue payments are collected from borrowers for multiple lenders.
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Provider of customer engagement solutions to financial institutions
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AI-based debt servicing software
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Recovery Database Network
When was Recovery Database Network founded?
Recovery Database Network was founded in 1999.
Where is Recovery Database Network located?
Recovery Database Network is headquartered in Mesa, United States. It is registered at Mesa, Arizona, United States.
Who is the current CEO of Recovery Database Network?
Michael Briggs is the current CEO of Recovery Database Network.
What does Recovery Database Network do?
Founded in 1999 and headquartered in Mesa, United States, Recovery Database Network operates in the automobile finance sector. Software and data solutions are supplied to support asset recovery processes. Connections are established between lending institutions and entities involved in repossession, field visits, skip-tracing, forwarding, and auto auctions. VendorVision, a web-based tool for compliance and vendor management, is available, along with a mobile app for tracking assignments and progress.
Who are the top competitors of Recovery Database Network?
Recovery Database Network's top competitors include Valon Mortgage, InDebted and CreditMate.
What products or services does Recovery Database Network offer?
Recovery Database Network offers RDN, Clearplan, and Cleardata.
Who are Recovery Database Network's investors?
Recovery Database Network has 1 investor. Key investors include Openlane.
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