BacklotCars
Automobile Dealers · Missouri, United States · 1K - 5K Employees
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Overview
Headquarters
1100 Main St Ste 1500, Kansas City, Miss...Website
www.backlotcars.comRevenue
$142.2 MillionIndustry
ZI Rank: 1
Signal Type
Mar
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ZI Rank
1
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About BacklotCars
OPENLANE specializes in simplifying the wholesale vehicle market by providing AI-analyzed engine recordings and damage detection services. Their platform offers high-quality recordings that highlight potential issues and includes a vast inventory of vehicles across various conditions and price points. Targeting automotive dealers, OPENLANE enables faster and more informed decision-making for purchasing vehicles. With access to thousands of cars, including exclusive off-lease options, they cater to the diverse needs of their clients.Explore more
BacklotCars Org Chart
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Company Profile Activity
Activity Insights
BacklotCars is experiencing very low activity levels compared to other companies in the Retail sector.
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BacklotCars is drawing exceptional interest within the Retail industry, suggesting notable developments or strong market momentum, learn more about BacklotCars.
BacklotCars financials insights
Gather financial insights about BacklotCars, including details on funding rounds, investors, total funding, and acquisitions, to gain a comprehensive understanding of their financial strategy.
2018
Series A
$8M
2019
Series B
$25M
2020
Debt
$2M
BacklotCars Tech Stack
A closer look at the technologies used by BacklotCars
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Most Recent Scoops
Event
will be attending the NADA SHOW 2023 conference as an exhibitor. The event will occur from January 26 to January 29, 2023.
Left Company
Executive Move
Zachary Luea, General Counsel, has left the organization and now serves as the Vice President, Operations at Hitchpin.
New Hire
Management Move
Jesse Williams has been named Director, Account Management. Previously, Williams served as Inside Sales Manager at TradeRev.
New Hire
Management Move
Curt Kaesche has been named Director of Buyer Expansion - West. SW. Central Regions. Previously, Kaesche served as Manager, Dealer Relations Adesa (Phoenix) at ADESA.
Open Position
Seeking Replacement, Personnel Moves
BacklotCars News & Media
KAR Completes Acquisition of BacklotCars
CARMEL, Ind., Nov. 12, 2020 /PRNewswire/ -- KAR Auction Services, Inc., d/b/a/ KAR Global (NYSE: KAR) has completed the acquisition of BacklotCars, Inc. The addition of BacklotCars supplements the company's suite of leading digital marketplaces, including TradeRev, ADESA.com and OPENLANE,...KAR Global to buy BacklotCars for $425 million
KAR sees the acquisition as one that will diversify its digital offerings while also building on the foundation of , the auction firm's mobile vehicle-trading platform.KAR to Deepen Digital Capabilities With Acquisition of BacklotCars
CARMEL, Ind., Sept. 8, 2020 /PRNewswire/ -- KAR Auction Services, Inc., d/b/a/ KAR Global (NYSE: KAR) has signed a definitive agreement to acquire BacklotCars Inc., subject to certain regulatory approvals and other customary closing conditions. BacklotCars is an app and web-based...Float by BacklotCars unveils dealer-driven improvements and expanded lending
KANSAS CITY, Mo., Sept. 17, 2019 /PRNewswire/ -- BacklotCars, a leading online wholesale automotive marketplace, announced today dealer-driven improvements to its inventory finance business line Float by BacklotCars. BacklotCars has run its financing unit since 2016. Thousands of...
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Frequently Asked Questions Regarding BacklotCars
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OPENLANE specializes in simplifying the wholesale vehicle market by providing AI-analyzed engine recordings and damage detection services. Their platform offers high-quality recordings that highlight potential issues and includes a vast inventory of vehicles across various conditions and price points. Targeting automotive dealers, OPENLANE enables... Read More
