
Easy wholesale starts here
BacklotCars was a digital wholesale auto auction marketplace that connected independent car dealers to buy and sell used vehicles online. Founded in 2014 in Kansas City, it disrupted the $100 billion wholesale auto market by enabling dealers to transact without physical auctions, offering features like AI-analyzed engine recordings and damage detection. The company raised $51.7M across multiple rounds before being acquired by KAR Global (now OPENLANE) in November 2020 for $425 million. In 2023, the BacklotCars platform was consolidated into the OPENLANE marketplace.
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