Open Lending Overview
- Year Founded
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2000
- Status
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Acquired/Merged
- Employees
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164
- Latest Deal Type
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M&A
- Financing Rounds
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15
- Investments
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1
Open Lending General Information
Description
Open Lending Corp is a provider of lending enablement and risk analytics to credit unions, regional banks, finance companies and the captive finance companies of automakers (OEM captive finance companies). Through its flagship product, LPP, its customers, collectively referred to herein as automotive lenders or lenders, make automotive consumer loans to underserved near-prime and non-prime borrowers by harnessing its risk-based interest rate pricing models, powered by its proprietary data and real-time underwriting of automotive loan default insurance coverage from insurers.
Contact Information
Website
www.openlending.com(Operating Subsidiary)
Corporate Office
- 1501 South Mopac Expressway
- Suite 450
- Austin, TX 78746
- United States
Corporate Office
- 1501 South Mopac Expressway
- Suite 450
- Austin, TX 78746
- United States
Open Lending Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
Open Lending Comparisons
Industry
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Open Lending Competitors (25)
One of Open Lending’s 25 competitors is MeridianLink, a Private Equity-Backed company based in Irvine, CA.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| MeridianLink | Private Equity-Backed | Irvine, CA | ||||
| Origence | Venture Capital-Backed | Irvine, CA | ||||
| Fiserv | Formerly VC-backed | Milwaukee, WI | ||||
| TransUnion | Formerly PE-Backed | Chicago, IL | ||||
| Nav | Venture Capital-Backed | San Mateo, CA |
Open Lending Related Research & Analysis
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Open Lending Signals
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Open Lending Former Investors
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|
Open Lending Acquisitions (1)
Open Lending’s most recent deal was a Merger/Acquisition with Nebula Acquisition. The deal was made on 14-Dec-2020.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Nebula Acquisition | 14-Dec-2020 | Merger/Acquisition | Special Purpose Acquisition Company (SPAC) |
Open Lending FAQs
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When was Open Lending founded?
Open Lending was founded in 2000.
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Where is Open Lending headquartered?
Open Lending is headquartered in Austin, TX.
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What is the size of Open Lending?
Open Lending has 164 total employees.
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What industry is Open Lending in?
Open Lending’s primary industry is Other Financial Services.
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Is Open Lending a private or public company?
Open Lending is a Private company.
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What is Open Lending’s current revenue?
The current revenue for Open Lending is .
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How much funding has Open Lending raised over time?
Open Lending has raised $670M.
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Who are Open Lending’s investors?
Bee Cave Capital, Bregal Sagemount, Cimbal Capital Group, Corsa Ventures, and are 5 of 9 investors who have invested in Open Lending.
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Who are Open Lending’s competitors?
MeridianLink, Origence, Fiserv, TransUnion, and Nav are some of the 25 competitors of Open Lending.
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When was Open Lending acquired?
Open Lending was acquired on 30-Jul-2026.
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Who acquired Open Lending?
Open Lending was acquired by ANV Group Holdings.
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