When was Open Lending founded?

Open Lending was founded in 2000 and raised its 1st funding round 9 years after it was founded.

Where is Open Lending located?

Open Lending is headquartered in Austin, United States.

How many employees does Open Lending have?

As of Jul 31, 2026, the latest employee count at Open Lending is 167.

Is Open Lending a funded company?

Open Lending is a funded company, having raised a total of $50M across 2 funding rounds to date. The company's 1st funding round was a $***** Series B round, raised on Oct 15, 2009.

How much is Open Lending worth?

The last known valuation of Open Lending was $***** as of May 18, 2020.

When was the latest funding round of Open Lending?

Open Lending's latest funding was a $***** Series C round on Mar 21, 2016, with participation from 1 investor.

What is the annual revenue of Open Lending?

Annual revenue of Open Lending is between $50M and $100M as on Dec 31, 2025

Where does Open Lending rank among its competitors?

Open Lending ranks 70th amongst 2485 active competitors, of which 468 are funded. It stands 7th in terms of total funding among its competitors. The most recent competitor to raise funding was Sift, which secured $507K in Oct, 2025.

Who are the top competitors of Open Lending?

Open Lending's top competitors include Symphony, ComplyAdvantage and Sift. Among them, Sift secured the most recent funding round in October, 2025.

Open Lending - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Provider of an automated lending platform for financial institutions and retailers. It offers technology that transforms the auto lending industry. The platform provides analysis for accurate pricing commensurate with application risk. It delivers rate analysis and automated decisioning. The platform integrates with existing systems and processes. It offers default protection from insurers.

Website: openlending.com
Social
Email ID: *****@openlending.com

Key Metrics

Founded Year

2000

Location

Austin, United States

Stage

Acquired

Total Funding

$50M in 2 rounds

Latest Funding Round

Series C, Mar 21, 2016, $*****

Last Known Valuation

$***** as on May 18, 2020

Investors

Bregal Sagemount & 7 more

Ranked

70^th among 2485 active competitors

Annual Revenue

$50M - $100M as on Dec 31, 2025

Employee Count

167 as on Jul 31, 2026

Similar Companies

ComplyAdvantage & 1364 more

Exit Details

Acquired

View Open Lending's full profile

Open Lending is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
OPEN LENDING CORPORATION CIN: 32082326292 , United States, Active		$10M - $50M (As on Dec 31, 2024)	-	-
OPEN LENDING CORP CIN: 1806201 , United States, Active	Dec 22, 2019	$50M - $100M (As on Dec 31, 2025)	-	-

Open Lending got acquired on Jun 16, 2026.

Click here to take a look at Open Lending's acquisition in detail

Open Lending has raised a total funding of $50M over 2 rounds. Its first funding round was on Oct 15, 2009. Its latest funding round was a Series C round on Mar 21, 2016 for $*****. 1 investor participated in its latest round. Open Lending has 8 institutional investors.

Here is the list of recent funding rounds of Open Lending:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 21, 2016	4261816	Series C	5926557	4143808	6940067	8738274
Oct 15, 2009	2900432	Series B	7439319	3827725	5692553	1142680

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View details of Open Lending's funding rounds and investors

The founders of Open Lending is Ross Jessup.

Here are the details of Open Lending's key team members:

Ross Jessup: Co-Founder of Open Lending.

View details of Open Lending's Founder profiles and Board Members

Open Lending's employee count trend

Open Lending has 167 employees as of Jul 26. Here is Open Lending's employee count trend over the years:

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Top competitors of Open Lending include Symphony, ComplyAdvantage and Sift. Here is the list of Top 10 competitors of Open Lending, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Symphony 2014, New York City (United States), Series E	Compliance management solutions for financial institutions	$461M	Lakestar, UBS & 38 others	76/100
2nd	ComplyAdvantage 2014, London (United Kingdom), Series C	Cloud-based AML solutions	$171M	Ontario Teachers' Pension Plan, Index Ventures ... & 46 others	75/100
3rd	Sift 1997, San Francisco (United States), Series D	Provider of an AI-powered platform for fraud detection and prevention	$162M	Insight Partners, Spark Capital & 22 others	75/100
4th	Entrust 1969, Dallas (United States), Acquired	Provider of identity-centric security solutions, including issuance and data protection	-	Thoma Bravo, Neuberger Berman Capital Solutions ... & 2 others	74/100
5th	Simplex 2014, Ramat Gan (Israel), Acquired	AI-based crypto payments and fraud prevention solutions for businesses	$19M	Cumberland Mining, FundersClub & 12 others	73/100
6th	Profitero 2009, Dun Laoghaire (Ireland), Acquired	Platform offering E- Commerce analytics solutions	$28.2M	Scaleworks, Seedcamp & 10 others	73/100
7th	Riskified 2013, New York City (United States), Public	AI-based payment fraud prevention solutions for e-commerce solution	$232M	Founder Collective, Genesis Partners & 21 others	73/100
8th	Digio 2016, Bengaluru (India), Seed	Provider of digital solutions for KYC, document management, and digital signatures	$11.9M	Rainmatter, Groww & 3 others	72/100
9th	Enigma 2011, New York City (United States), Series C	Provider of business data and intelligence for risk and growth management	$130M	New Enterprise Associates, TriplePoint Capital ... & 18 others	71/100
10th	Chainalysis 2014, New York City (United States), Series F	Blockchain data platform providing crypto insights	$538M	GIC, Benchmark & 45 others	71/100
70th	Open Lending 2000, Austin (United States), Acquired	Provider of an automated lending platform for financial institutions and retailers	$50M	Sofemi Group, Bregal Sagemount & 6 others	60/100