Open Lending
Less Risk, More Reward
Less Risk, More Reward
Open Lending is a United States-based startup specializing in loan analytics, risk-based pricing, risk modeling, and automated decision technology for automotive lenders. Their flagship product, Lenders Protection™, is an auto lending enablement platform leveraging proprietary data and advanced decisioning analytics to help lenders increase near and non-prime auto loan volumes. This is achieved without significantly adding risk to their auto loan portfolio. Founded in 2000, Open Lending operates in the Analytics, Finance, Financial Services, and Fintech sectors. The company recently secured a $200.00M Post-IPO Equity investment on 11 June 2020, showcasing investor confidence in the startup's potential for growth and innovation in the financial technology space.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Post-IPO Equity | $200.00M | - | 11 Jun 2020 | |
| Venture Round | $40.00M | 1 |
|
22 Mar 2016 |
| Venture Round | $10.00M | - | 06 Oct 2009 |
No recent news or press coverage available for Open Lending.
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