OPENLANE Competitors and Similar CompaniesClear all
OPENLANE's competitors and similar companies include ACV Auctions and Openlane.
 OPENLANE OPENLANE (formerly known as KAR Global) is a company providing vehicle auction and related services through offline, online, digital, and mobile auction marketplaces. |  ACV Auctions ACV Auctions is a company that develops an online automotive marketplace for purchasing vehicles. | ||
Founding Date | Founding Date 2006 | Founding Date 2014 | Founding Date 2014 |
Type | Type Public | Type Public | Type Private |
Tags | |||
Locations | Locations Buffalo, US HQ Toronto, CA | Locations Kansas City, US HQ | |
Employees | Employees 4,500 | Employees 2,0005% increase | Employees 318 |
Valuation ($) | Valuation ($) 1.8 b | Valuation ($) 2.9 b | Valuation ($) N/A |
Financial | |||
Revenue (est.) | Revenue (est.) $1.9b (FY, 2025) | Revenue (est.) $759.6m (FY, 2025) | Revenue (est.) N/A |
Net income | Net income $177.7m (FY, 2025) | Net income ($66.1m) (FY, 2025) | Net income N/A |
Funding | |||
Total funding raised | Total funding raised N/A | Total funding raised $ 351.6m | Total funding raised $ 33m |
For sources of this data, please see the company profile
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ACV Auctions
HQ
Buffalo, US
Employees
2,000↑ 5% increase
ACV Auctions is a company that develops an online automotive marketplace for purchasing vehicles.
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Openlane
HQ
Kansas City, US
Employees
318
Openlane (also known as BacklotCars) is an online marketplace for auto dealers.
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