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OPENLANE

108 employees

OPENLANE is an online auction company for automotive dealers to buy and sell wholesale vehicles.

Basic info

Industry

information services

Sectors

Electric Vehicle
Recreational Vehicles
E-Commerce
Wholesale
Automotive

Date founded

1997

Funding rounds raised

Total raised

$25M

from 9 investors over 9 rounds

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OPENLANE raised $10M on December 31, 2008

Investors: RPM Ventures, Meritech Capital Partners and Pladticam

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OPENLANE raised $25M on May 27, 2008

Investors: Meritech Capital Partners, Pladticam and RPM Ventures

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OPENLANE raised undisclosed on November 1, 2007

Investors: Pladticam, Meritech Capital Partners and RPM Ventures

FAQ