Fundraising Fox

Open Lending

Austin, US · 2 known investors

openlending.com

Open Lending provides automated, risk-based loan pricing and default protection technology for the auto lending industry, serving financial institutions such as banks, credit unions, and lenders. Its Lenders Protection product uses data analysis to price loans and includes insurance coverage from AM Best A-rated insurers.

AI & Machine LearningFintechInsurTechin /open-lending-inc.@openlending

Founders & leadership

RM
Ross M JessupExecutive Officer, Director
RF
Richard F. WatkinsExecutive Officer, Director
KW
Kurt WilkinDirector
JJ
John J. FlynnExecutive Officer, Director
RC
Ryan CollinsExecutive Officer
SM
Steve MartinExecutive Officer
DG
Drue GoodaleExecutive Officer
KA
Keith A. JezekDirector

Investors · 2

Reported raises · per SEC filings

Form D private placements
$40MraisedApr 2016 · 1 investors · Other Banking and Financial Services
Rule 506(b)
Officers, directors & promoters on the filing
  • Ross M JessupExecutive Officer, Director
  • Richard F. WatkinsExecutive Officer, Director
  • Kurt WilkinDirector
  • John J. FlynnExecutive Officer, Director
  • Ryan CollinsExecutive Officer
  • Steve MartinExecutive Officer
  • Drue GoodaleExecutive Officer
  • Keith A. JezekDirector
Offering amount
$40M
Amount sold
$40M
Finders' fees
$1.8M
Proceeds to insiders
$36.9M
First sale
Mar 2016
Incorporated
Limited Liability Company, Texas
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.