Fundraising Fox
OpenLane
Founded 2014 · 369 employees on LinkedIn · 4 known investors
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OPENLANE operates a US online marketplace for wholesale used vehicles, connecting dealers as buyers and sellers through 24/7 listings and scheduled live auctions. It provides AI-assisted vehicle condition reports, including damage detection, engine audio analysis, and OBD2 code translations, along with search filters and competitive buy fees.
Investors · 4
How we know: August Capital's portfolio page · Not right? Tell us
How we know: Rpm Ventures Iii Management, L.L.C.'s portfolio page · Not right? Tell us
How we know: funding news · Not right? Tell us
Founder mafia
4 people who came through OpenLane went on to found or lead other companies.
Frequently asked questions
- What does OpenLane do?
- OPENLANE operates a US online marketplace for wholesale used vehicles, connecting dealers as buyers and sellers through 24/7 listings and scheduled live auctions. It provides AI-assisted vehicle condition reports, including damage detection, engine audio analysis, and OBD2 code translations, along with search filters and competitive buy fees.
- Who are OpenLane's investors?
- OpenLane's investors include August Capital, Rpm Ventures Iii Management, L.L.C., Service Provider Capital, Apax.