OPENLANE Competitors and Similar CompaniesClear all

OPENLANE's competitors and similar companies include ACV Auctions, Openlane and CARWAVE.

	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.	Openlane Openlane (also known as BacklotCars) is an online marketplace for auto dealers.	CARWAVE CARWAVE (formerly known as The Dealers' Forum and My Fresh Trades) is an online dealership network and auction.
Founding Date	Founding Date 2006	Founding Date 2014	Founding Date 2014	Founding Date 2009
Type	Type Public	Type Public	Type Private	Type Subsidiary
Tags	Tags Retail auction marketplace mobile app platform used cars vehicles	Tags Technology auto dealers marketplace mobile app platform vehicles	Tags Automotive & Transportation marketplace	Tags Technology auction platform vehicles
Locations	Locations Carmel, US HQ New York, US see more	Locations Buffalo, US HQ Toronto, CA	Locations Kansas City, US HQ	Locations Escondido, US HQ
Employees	Employees 4,500	Employees 2,0005% increase	Employees 318	Employees 661% decrease
Valuation ($)	Valuation ($) 1.8 b	Valuation ($) 2.9 b	Valuation ($) N/A	Valuation ($) N/A
Financial
Revenue (est.)	Revenue (est.) $1.9b (FY, 2025)	Revenue (est.) $759.6m (FY, 2025)	Revenue (est.) N/A	Revenue (est.) N/A
Net income	Net income $177.7m (FY, 2025)	Net income ($66.1m) (FY, 2025)	Net income N/A	Net income N/A
Funding
Total funding raised	Total funding raised N/A	Total funding raised $ 351.6m	Total funding raised $ 33m	Total funding raised N/A