OPENLANE
OPENLANE's Overview
Openlane, Inc. (NYSE: KAR) is a leading operator of digital marketplaces for wholesale used vehicles. Headquartered in Carmel, Indiana, Openlane connects a vast network of sellers, including franchise and independent dealers, financial institutions, and fleet operators, with buyers across North America and Europe. The company provides a comprehensive suite of services, including vehicle inspections, financing, transportation, and data-driven insights, to facilitate efficient and transparent transactions. Formerly known as KAR Auction Services, Openlane rebranded in May 2023 to reflect its focus on digital innovation and its flagship marketplace platform.
Where is OPENLANE's Headquarters?
HQ Function
Serves as the central hub for executive leadership, corporate strategy, technology development, finance, legal, and administrative operations supporting Openlane's global digital marketplace activities.
Notable Features:
Modern corporate campus with collaborative workspaces, advanced technology infrastructure, fitness center, and cafeteria, designed to foster innovation and employee well-being.
Work Culture:
A fast-paced, tech-driven environment emphasizing innovation, collaboration, and customer focus. Employees are encouraged to be agile and contribute to the evolution of digital automotive remarketing.
HQ Significance:
Centralizes global strategy, technology development, and corporate functions, enabling unified operations and driving Openlane's leadership in the digital wholesale automotive sector. Its Indiana location benefits from a strong local talent pool and business-friendly environment.
Values Reflected in HQ: The headquarters' design, with its open spaces, technology integration, and employee amenities, reflects Openlane's commitment to innovation, transparency, collaboration, and valuing its people.
Location:
Openlane operates primarily in North America (United States and Canada) and Europe, providing digital marketplace solutions for wholesale used vehicles. Its global functions include technology development, data analytics, customer support, financial services, and logistics coordination, all tailored to support the efficient buying and selling of vehicles across international borders and diverse regulatory environments.
Street Address:
11299 N. Illinois St.
City:
Carmel
State/Province:
Indiana
Country:
USA
OPENLANE's Global Presence
Mississauga, Ontario, Canada
Address: 50 Burnhamthorpe Road West, Suite 700, Mississauga, ON L5B 3C2, Canada
To lead and expand Openlane's presence in the Canadian market, providing localized digital solutions and support for vehicle remarketing across Canada.
Chandler, Arizona, USA
Address: 100 S. Price Road, Chandler, AZ 85286, USA
To bolster Openlane's technological capabilities and operational efficiency, serving as a critical center for product development, IT infrastructure, and shared services supporting the broader North American business.
Tienen, Belgium
Address: Grijpenlaan 19A, 3300 Tienen, Belgium
To drive growth and consolidate Openlane's market leadership in the European digital automotive remarketing sector, offering tailored solutions for various European markets.
Buying Intent Signals for OPENLANE
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Executive Team of OPENLANE
As of April 2025, OPENLANE' leadership includes:
Investors of OPENLANE
OPENLANE has been backed by several prominent investors over the years, including:
Executive New Hires/Exits in the Last 12 Months
Openlane has seen several key executive appointments and transitions over the past year, particularly aligning with its rebrand and strategic focus on digital marketplaces. These include new leadership in finance, people, and technology, alongside retirements of long-serving executives.
Departures
New Appointments:
Technology (Tech Stack) used by OPENLANE
Discover the tools OPENLANE uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.
OPENLANE Email Formats and Examples
Openlane primarily uses the email format 'first.last@openlane.com' for its employees. While other formats might exist in specific cases, this is the most common pattern.
first.last@openlane.com
Format
jane.doe@openlane.com
Example
85%
Success rate
News and media
Yahoo Finance (via Business Wire) • February 20, 2024
Openlane Reports Fourth Quarter and Full Year 2023 Financial Results
Openlane announced its financial results for Q4 and full year 2023, highlighting revenue figures and progress in its digital marketplace strategy. The company discussed performance across its North American and European segments and provided outlook for the upcoming year....more
PR Newswire • January 9, 2024
Openlane Announces New Chief People Officer and Chief Technology Officer
Openlane appointed Michelle Adams as Chief People Officer and Jason Ferreri as Chief Technology Officer, strengthening its executive team to drive future growth, talent development, and innovation in its digital automotive marketplaces....more
PR Newswire • May 16, 2023
KAR Global Unites Platforms and Offerings, Rebrands as OPENLANE
KAR Auction Services, Inc. announced its rebranding to OPENLANE, Inc., unifying its digital marketplaces in the US, Canada, and Europe under a single brand to enhance the customer experience and streamline operations for buyers and sellers of wholesale used vehicles....more
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