![]() ACV Auctions ACV Auctions is a company that develops an online automotive marketplace for purchasing vehicles. | ![]() OPENLANE OPENLANE (formerly known as KAR Global) is a company providing vehicle auction and related services through offline, online, digital, and mobile auction marketplaces. | |||
Founding Date | Founding Date 2014 | Founding Date 2006 | Founding Date 2012 | Founding Date 2017 |
Type | Type Public | Type Public | Type Public | Type Private |
Tags | ||||
Locations | Locations Buffalo, US HQ Toronto, CA | Locations Tempe, US HQ | Locations Bogotá, CO HQ Ciudad De México, MX San Francisco, US | |
Employees | Employees 2,0005% increase | Employees 4,500 | Employees 13,70017% decrease | Employees 290 |
Valuation ($) | Valuation ($) 2.9 b | Valuation ($) 1.8 b | Valuation ($) 24.4 b | Valuation ($) N/A |
Financial | ||||
Revenue (est.) | Revenue (est.) $759.6m (FY, 2025) | Revenue (est.) $1.9b (FY, 2025) | Revenue (est.) $20.3b (FY, 2025) | Revenue (est.) N/A |
Net income | Net income ($66.1m) (FY, 2025) | Net income $177.7m (FY, 2025) | Net income N/A | Net income N/A |
Funding | ||||
Total funding raised | Total funding raised $ 351.6m | Total funding raised N/A | Total funding raised $ 900.4m | Total funding raised $ 39m |

OPENLANE (formerly known as KAR Global) is a company providing vehicle auction and related services through offline, online, digital, and mobile auction marketplaces.
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