Open Lending

Open Lending provides automated lending services to financial institutions. The company specializes in loan analytics, risk-based pricing, risk modeling and automated decision technology for automotive lenders throughout the United States. The company was founded in Austin, TX in 2000 and is privately owned. Its flagship product, the Lenders Protection Program is a unique auto lending program for direct and/or indirect loans that provides a powerful and safe way for lenders to increase near and non-prime auto loan volumes and yields without adding risk to their loan portfolio. Lenders Protection combines sophisticated risk-based pricing models, configured to each lender’s individual cost factors and financial targets, with reliable loan default insurance provided by AmTrust Financial Services, an “A” rated third party insurance company.
Company Growth (employees)
Type
Private
HQ
Austin, US
Founded
2000
Size (employees)
43 (est)+3%
Open Lending was founded in 2000 and is headquartered in Austin, US

Key People/Management at Open Lending

John Flynn

John Flynn

CEO
Ross Jessup

Ross Jessup

CFO
Ryan Collins

Ryan Collins

CTO
Richard F. Watkins

Richard F. Watkins

Founder

Open Lending Office Locations

Open Lending has offices in Austin, Sacramento, Seattle, Washington and in 2 other locations
Austin, US (HQ)
510 Barton Oaks Plaza One 901 S MoPac Expy
Show all (6)

Open Lending Financials and Metrics

Summary Metrics

Founding Date

2000

Total Funding

$50 m

Latest funding size

$40 m

Time since last funding

over 1 year

Investors

Open Lending's latest funding round in March 2016 was reported to be $40 m. In total, Open Lending has raised $50 m

Open Lending's Web-traffic and Trends

Open Lending Online and Social Media Presence

Open Lending Company Life and Culture

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