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Insights

Market Expansion Potential OPENLANE's recent launch of Code Boost IQ and Automated Absolute Sale demonstrates a commitment to innovative solutions in the digital marketplaces for wholesale used vehicles. This presents a prime opportunity for market expansion, targeting dealers seeking faster, more informed decision-making tools in vehicle inspections and pricing strategies.

Investor Relations Boost The promotion of Itunu Orelaru to Head of Investor Relations highlights OPENLANE's strategic focus on investor communications and relationships. Leveraging this key personnel move can be instrumental in attracting new investments and solidifying partnerships, offering opportunities for financial institutions and investors to engage with the company.

Financial Growth Potential With investments from notable entities like Capstone Investment Advisors LLC and Jackson Creek Investment Advisors LLC, OPENLANE demonstrates strong financial attractiveness. This signals room for financial growth and potential collaborations for firms looking to capitalize on a company with a revenue range of $100M to 1B.

Competitive Analysis Advantage OPENLANE's position alongside industry giants like Manheim, Copart, and ADESA showcases its competitive strength. Analyzing the strategies of these similar companies can provide insights into market positioning and opportunities for strategic partnerships or differentiation to gain a competitive advantage.

Talent Acquisition Focus By hiring key personnel like Orelaru to lead financial functions, OPENLANE emphasizes a focus on acquiring top talent. This presents an avenue for companies in the same industry or talent pools to explore partnerships, knowledge sharing, or recruitment opportunities that can benefit from the expertise within OPENLANE's team.

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OPENLANE Tech Stack

OPENLANE uses 8 technology products and services including Google Analytics, Google Cloud, styled-components, and more. Explore OPENLANE's tech stack below.

  • Google Analytics
    Analytics
  • Google Cloud
    Infrastructure As A Service
  • styled-components
    Javascript Frameworks
  • Intercom
    Live Chat
  • Java
    Programming Languages
  • X-XSS-Protection
    Security
  • HSTS
    Security
  • Google Tag Manager
    Tag Management

Media & News

OPENLANE's Email Address Formats

OPENLANE uses at least 1 format(s):
OPENLANE Email FormatsExamplePercentage
FLast@openlane.comJDoe@openlane.com
92%
First.Last@openlane.comJohn.Doe@openlane.com
5%
FirstLast@openlane.comJohnDoe@openlane.com
2%
First@openlane.comJohn@openlane.com
1%

Frequently Asked Questions

Where is OPENLANE's headquarters located?

Minus sign iconPlus sign iconOPENLANE's main headquarters is located at 11229 Illinois St Carmel, Indiana 46032 US. The company has employees across 6 continents, including North AmericaSouth AmericaEurope.

What is OPENLANE's phone number?

Minus sign iconPlus sign icon You can contact OPENLANE's main corporate office by phone at
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+1-650-412-****
. For more prospecting data, LeadIQ has access to up-to-date and accurate contact information within our platform. Find, capture, and sync contact data to your CRM and sales tools in one click.

What is OPENLANE's stock symbol?

Minus sign iconPlus sign iconOPENLANE is a publicly traded company; the company's stock symbol is KAR.

What is OPENLANE's official website and social media links?

Minus sign iconPlus sign iconOPENLANE's official website is openlane.com and has social profiles on LinkedIn.

How much revenue does OPENLANE generate?

Minus sign iconPlus sign icon As of September 2024, OPENLANE's annual revenue reached $750M.

What is OPENLANE's NAICS code?

Minus sign iconPlus sign iconOPENLANE's NAICS code is 423110 - Automobile and Other Motor Vehicle Merchant Wholesalers.

How many employees does OPENLANE have currently?

Minus sign iconPlus sign iconAs of September 2024, OPENLANE has approximately 5.3K employees across 6 continents, including North AmericaSouth AmericaEurope. Key team members include Chief Information Security Officer: L. R.Vice President Human Resources: J. W.Vice President Of Sales And Strategy: S. M.. Explore OPENLANE's employee directory with LeadIQ.

What industry does OPENLANE belong to?

Minus sign iconPlus sign iconOPENLANE operates in the Motor Vehicle Manufacturing industry.

What technology does OPENLANE use?

Minus sign iconPlus sign iconOPENLANE's tech stack includes Google AnalyticsGoogle Cloudstyled-componentsIntercomJavaX-XSS-ProtectionHSTSGoogle Tag Manager.

What is OPENLANE's email format?

Minus sign iconPlus sign iconOPENLANE's email format typically follows the pattern of . Find more OPENLANE email formats with LeadIQ.

How much funding has OPENLANE raised to date?

Minus sign iconPlus sign icon As of September 2024, OPENLANE has raised $10M in funding. The last funding round occurred on Dec 31, 2008 for $10M.
OPENLANE

OPENLANE

Motor Vehicle ManufacturingIndiana, United States5001-10000 Employees

We’re a tight-knit team of fearless entrepreneurs and diverse waybuilders redefining how used cars are bought and sold everyday. We make wholesale easy so our customers can be more successful – by building the world’s greatest digital marketplaces for used vehicles. Our team helps the world’s largest OEMs, dealers, fleet operators, rental companies and financial institutions drive their businesses forward everyday. 

Looking for your next adventure? From creative design to engineering, software development to manufacturing, to marketing and finance - your journey can start here. 

Explore our roles today:
corporate.openlane.com/careers

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Section iconCompany Overview

Headquarters
11229 Illinois St Carmel, Indiana 46032 US
Phone number
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+1-650-412-****
Website
openlane.com
Stock Symbol
KAR
NAICS Code
423110 - Automobile and Other Motor Vehicle Merchant Wholesalers
Employees
5001-10000

Section iconMedia & News

Section iconFunding & Financials

  • $10M

    OPENLANE has raised a total of $10M of funding over 3 rounds. Their latest funding round was raised on Dec 31, 2008 in the amount of $10M.

  • $100M$1B

    OPENLANE's revenue is in the range of $100M$1B

Section iconFunding & Financials

  • $10M

    OPENLANE has raised a total of $10M of funding over 3 rounds. Their latest funding round was raised on Dec 31, 2008 in the amount of $10M.

  • $100M$1B

    OPENLANE's revenue is in the range of $100M$1B

Company Leadership

Employee Directory

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