OPENLANE Europe Overview

  • Year Founded
  • 2004

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 250

Employees

  • Latest Deal Type
  • M&A

  • Financing Rounds
  • 3

OPENLANE Europe General Information

Description

Developer of global vehicle remarketing and technology solutions intended to make used car wholesale easy for its customers. The company's platform seamlessly connects original equipment manufacturers, fleet owners, wholesalers, and dealers with buyers, its online car marketplace reduces risk, improves transparency, and streamlines transactions, enabling its users to bypass the middlemen, maximizing margins on both the seller and the buyer side.

Contact Information

Website
www.openlane.eu
Formerly Known As
CarOnTheWeb, CarsOnTheWeb
Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Formerly PE-Backed
Corporate Office
  • Grijpenlaan 19A
  • 3300 Tienen
  • Belgium
+32 016
Primary Industry
Automotive
Other Industries
Information Services (B2C)
Corporate Office
  • Grijpenlaan 19A
  • 3300 Tienen
  • Belgium
+32 016

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OPENLANE Europe Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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OPENLANE Europe Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of global vehicle remarketing and technology solutions intended to make used car wholesale easy for its custom
Automotive
Tienen, Belgium
250 As of 2023

Santa Monica, CA
 

Cambridge, MA
 
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OPENLANE Europe Competitors (8)

One of OPENLANE Europe’s 8 competitors is Edmunds, a Formerly PE-Backed company based in Santa Monica, CA.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Edmunds Formerly PE-Backed Santa Monica, CA
CarGurus Formerly VC-backed Cambridge, MA
Encar Corporate Backed or Acquired Seoul, South Korea
Autorola Portugal Corporation Lisbon, Portugal
Guazi Used Car Venture Capital-Backed Beijing, China
You’re viewing 5 of 8 competitors. Get the full list »

OPENLANE Europe Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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OPENLANE Europe Former Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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OPENLANE Europe FAQs

  • When was OPENLANE Europe founded?

    OPENLANE Europe was founded in 2004.

  • Where is OPENLANE Europe headquartered?

    OPENLANE Europe is headquartered in Tienen, Belgium.

  • What is the size of OPENLANE Europe?

    OPENLANE Europe has 250 total employees.

  • What industry is OPENLANE Europe in?

    OPENLANE Europe’s primary industry is Automotive.

  • Is OPENLANE Europe a private or public company?

    OPENLANE Europe is a Private company.

  • What is the current valuation of OPENLANE Europe?

    The current valuation of OPENLANE Europe is .

  • What is OPENLANE Europe’s current revenue?

    The current revenue for OPENLANE Europe is .

  • Who are OPENLANE Europe’s investors?

    Business Angels Network Vlaanderen, Capital A, ING Belgium, MaasInvest, and Vortex Capital Partners have invested in OPENLANE Europe.

  • Who are OPENLANE Europe’s competitors?

    Edmunds, CarGurus, Encar, Autorola Portugal, and Guazi Used Car are some of the 8 competitors of OPENLANE Europe.

  • When was OPENLANE Europe acquired?

    OPENLANE Europe was acquired on 31-Jan-2019.

  • Who acquired OPENLANE Europe?

    OPENLANE Europe was acquired by OPENLANE (Media and Information Services (B2B)).

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