O

OPENLANE

Online wholesale automotive marketplace for dealers

Intern – Mobile Apps Engineer

Summer 2026Updated
No salary listed
Internship
Bachelor's
Mesa, AZ, USA
Hybrid
Software EngineeringMobile Engineering

About the job

Requirements
  • Pursuing Bachelor’s degree in Computer Science or a related technical field involving coding.
  • Minimum of 3 years or Junior equivalent.
  • Currently pursuing a Bachelor’s degree in Computer Science or a related technical field.
  • Coursework, academic projects, or personal projects involving software development.
  • Exposure to at least one of the following through coursework or projects: Flutter, Dart, Android.
  • Strong communication skills.
  • Desire and ability to learn new technologies and best practices quickly.
Responsibilities
  • Contribute to high-quality code that helps build software solutions in an agile development environment.
  • Support testing efforts, assist with deployments, and help maintain multiple environments.
  • Participate in code reviews, sprint planning, and estimation meetings to learn team development practices.
  • Assist with containerization, troubleshooting, and building images to support scalable services.
  • Use Git and collaborative repositories for version control and team-based development.
  • Partner cross-functionally with product owners, designers, and QA testers to help deliver solutions.
Desired Qualifications
  • Familiarity with microservices architecture or serverless concepts through coursework or projects.
  • Basic understanding of CI/CD pipelines, release, and deployment concepts.
  • Exposure to containerization technologies such as Docker or Kubernetes.
  • Introductory knowledge of cloud platforms (AWS, GCP, or Azure).
  • Exposure to Node.js, TypeScript, React, and MSSQL

About the company

O

OPENLANE

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Website

Openlane operates an online wholesale automotive marketplace that helps car dealers buy and sell vehicles. It provides a large inventory of dealer trades, commercial vehicles, and off-lease exclusives, all accessible through a single platform. Dealers use Openlane to browse listings, review extensive vehicle reports, and complete transactions, with fees charged for listings, sales facilitation, and value-added services such as inspections and reporting. The platform’s emphasis on detailed vehicle data and nationwide reach helps reduce risk and improve profitability for dealers. Unlike some peers, Openlane combines broad, dealer-focused inventory with transparent, data-rich reporting and a streamlined online process. The company’s goal is to make wholesale vehicle trading easier, more transparent, and profitable for dealers across the country.

Company Size

5,001-10,000

Company Stage

IPO

Headquarters

Redwood City, CA

Founded

1997

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Simplify's Take

What believers are saying

  • Q2 2026 revenue rose 15% to $555 million, and EBITDA reached $103 million.
  • Management raised 2026 EBITDA guidance to $385 million-$400 million after 41% GMV growth.
  • US dealer vehicles sold rose 31%, showing accelerating market-share gains into late 2026.

What critics are saying

  • OPENLANE depends on used-vehicle volumes; a 2027 downturn crushes marketplace and finance earnings.
  • The finance segment carries credit loss exposure if dealer delinquencies rise during tightening.
  • OPENLANE faces ordinary-course litigation and entrenched rivals like Cox Automotive's Manheim continuously improving digital tools.

What makes OPENLANE unique

  • OPENLANE runs the largest digital wholesale marketplace for dealers, fleets, and lenders.
  • OPENLANE Intelligence uses AI damage detection, OBD2 translation, and engine-audio anomaly analysis.
  • Finance and marketplace together deepen seller liquidity and buyer confidence across used-vehicle transactions.

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Benefits

  • Health Insurance
  • Dental Insurance
  • Vision Insurance
  • Life Insurance
  • Disability Insurance
  • Paid Vacation
  • Parental Leave
  • 401(k) Retirement Plan
  • 401(k) Company Match
  • Mental Health Support
  • Tuition Reimbursement
  • Professional Development Budget

Growth & Insights and Company News

6 month growth

47%

1 year growth

47%

2 year growth

47%
The Buffalo News
Sep 11th, 2026
ACV Auctions, the beacon of Buffalo's startup community, to be acquired in a $1.9 billion deal.

ACV Auctions, the beacon of Buffalo's startup community, to be acquired in a $1.9 billion deal. George Chamoun, CEO of ACV Auctions, describes the importance of thinking long-term and believing in the future when building a global company. ACV Auctions, the shining star of the Buffalo Niagara startup community, is being acquired by one of its main competitors in a deal worth about $1.9 billion. The sale, announced late Thursday, ends a strategic review that ACV launched earlier in the summer after its costly efforts to extend and add new technology to its online vehicle auction business led to a continued string of losses and depressed its stock price. The all-cash deal with online vehicle auctioneer Copart will provide an immediate payoff to ACV shareholders. The purchase price of $10.50 a share is a 45% premium to its closing price of $7.22 on Thursday. ACV's stock had barely budged since reports last month that the company was receiving interest about a potential transaction. People are also reading... The deal, which has been unanimously approved by the boards of both companies, also raises questions about what will happen to ACV's local headquarters and its 650 local employees. Copart said ACV will operate as an independent subsidiary under the direction of ACV's existing leadership team. The deal, which needs federal anti-trust clearance, is expected to close by the end of the year, Copart said. The ACV acquisition extends Copart's reach within the dealer-to-dealer wholesale market at a time when vehicle sales are slowing. "This acquisition reflects a significant milestone in our growth strategy by creating an industry-leading end-to-end vehicle remarketing platform that is fully digital," said Jay Adair, Copart's CEO, in a statement. "ACV has built a differentiated, technology-driven marketplace that perfectly complements our extensive physical infrastructure and expansive buyer network," he said. "With ACV, we are uniquely positioned to drive efficiency and productivity throughout the entire automotive ecosystem, bringing greater transparency and superior economic outcomes to our customers for every vehicle, regardless of its condition." Copart executives said they believe ACV's online auction business can grow even faster under its ownership. George Chamoun, ACV's CEO, said the acquisition will continue the efforts behind ACV's launch to transform the used car market. "By joining forces with Copart, we will be positioned to advance our mission, drive market expansion, and accelerate innovation with global scale," he said. "Together, we will deliver even more value to our dealer and commercial partners by offering expanded capabilities, including leveraging Copart's nationwide footprint and a combined demand engine that ensures the right vehicle gets to the right buyer." While ACV, a former 43North winner, became a beacon of hope for Buffalo Niagara's fledgling startup community, it has faced challenges recently. ACV faces competition from companies including Openlane, Manheim and Adesa, which runs an in-person auto auction in Akron. Some of its rivals have expanded into online auctions. ACV Auctions has been the star of Buffalo's startups, winning the 43North contest, going public and boosting its market value over $1 billion... ACV's stock also has struggled mightily since that initial burst of optimism among investors, adding to the pressure on the company's board and management to make a deal. Its shares have lost 31% of their value over the past year and had fallen to $7.22 per share, far below its IPO price of $25. Even so, ACV has established itself as an important part of the region's business community. Its successful launch and subsequent growth show that a tech company born in Buffalo could thrive here, in a region where few companies have gone public in recent years. ACV's strong growth spurred hiring and generated wealth for its investors. ACV has about 3,000 employees, including 650 who are based in Western New York. Among its global workforce are about 500 product and technology employees; about 100 of them are based in the region. ACV has been focused on building its online marketplace to buy and sell vehicles. The cost of that expansion has meant the company continues to lose money, even as its revenues have grown steadily. In the second quarter, ACV's revenues grew by 10% to $214 million. But the company has never been profitable, losing $8 million in the second quarter. ACV also has been focused on developing new technology tools to augment its digital auction business. The company sold nearly 830,000 vehicles on its digital platform last year. ACV has begun deploying a system called VIPER (Vehicle Inspection Platform for Enhanced Reporting), which provides an instant, comprehensive assessment of a vehicle's condition. Viper consists of two pillars and a platform, installed in a dealership's service area. The system is packed with sensors and cameras. As the vehicle drives through it, the system collects a host of data and images - including from underneath - in mere seconds, and generates a report that includes a dollar estimate of the vehicle's value. Get the latest local business news delivered FREE to your inbox weekly. Buffalo Next Editor Related to this story. George Chamoun, CEO of ACV Auctions, describes the importance of thinking long-term and believing in the future when building a global company.

PR Newswire
Aug 4th, 2026
OPENLANE raises 2026 guidance with $10.5B GMV, 41% YoY growth and $103M adjusted EBITDA

OPENLANE reported second quarter 2026 revenue of $555 million, up 15% year-over-year, driven by 21% growth in auction and related fees. Net income rose 33% to $44 million, whilst adjusted EBITDA increased 19% to $103 million. Gross merchandise value reached approximately $10.5 billion, representing 41% year-over-year growth. Marketplace commercial vehicles sold grew 39% and marketplace dealer vehicles sold rose 13%, with US dealer vehicles sold up 31%. The company raised its 2026 adjusted EBITDA guidance to $385-400 million from $365-385 million. Net income guidance increased to $163-176 million from $147-164 million. Cash flow from operating activities totalled $53 million for the quarter. AFC contributed $46 million in adjusted EBITDA during the period.

MarketBeat
Aug 2nd, 2026
Prospect Capital Advisors LLC takes $2.44 million position in Openlane $OPLN.

Prospect Capital Advisors LLC takes $2.44 million position in Openlane $OPLN. August 2, 2026 Key points. * Prospect Capital Advisors acquired 83,600 Openlane shares worth approximately $2.44 million, representing 0.08% of the company and 1.3% of the firm's portfolio. Institutional investors collectively own 99.76% of Openlane. * Openlane reported quarterly EPS of $0.35, beating estimates of $0.32, while revenue rose 14.8% year over year to $527.9 million. The company issued fiscal 2026 EPS guidance of $1.28-$1.42. * Analyst sentiment is positive, with a consensus "Moderate Buy" rating and an average price target of $41.67; however, insiders have sold 111,972 shares worth about $4.02 million over the past three months. * MarketBeat previews top five stocks to own in September. Prospect Capital Advisors LLC purchased a new stake in Openlane (NYSE:OPLN - Free Report) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 83,600 shares of the company's stock, valued at approximately $2,437,000. Openlane accounts for approximately 1.3% of Prospect Capital Advisors LLC's investment portfolio, making the stock its 25th biggest position. Prospect Capital Advisors LLC owned 0.08% of Openlane as of its most recent filing with the Securities and Exchange Commission. A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Vanguard Group Inc. acquired a new stake in Openlane during the 4th quarter worth about $348,271,000. Bank of Montreal Can purchased a new stake in Openlane during the fourth quarter valued at about $220,158,000. Dimensional Fund Advisors LP acquired a new position in shares of Openlane in the fourth quarter worth about $200,309,000. State Street Corp acquired a new position in shares of Openlane in the fourth quarter worth about $127,581,000. Finally, Neuberger Berman Group LLC purchased a new position in shares of Openlane in the fourth quarter worth approximately $103,876,000. Institutional investors and hedge funds own 99.76% of the company's stock. Insider activity at Openlane. In related news, EVP James P. Coyle sold 15,000 shares of the business's stock in a transaction that occurred on Wednesday, May 6th. The shares were sold at an average price of $35.77, for a total transaction of $536,550.00. Following the transaction, the executive vice president directly owned 58,512 shares of the company's stock, valued at approximately $2,092,974.24. The trade was a 20.40% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP Tobin P. Richer sold 4,000 shares of the company's stock in a transaction that occurred on Friday, May 8th. The shares were sold at an average price of $38.31, for a total transaction of $153,240.00. Following the completion of the transaction, the executive vice president owned 24,697 shares in the company, valued at approximately $946,142.07. This represents a 13.94% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 111,972 shares of company stock valued at $4,018,932. 2.22% of the stock is owned by company insiders. Openlane trading down 1.8%. Shares of NYSE OPLN opened at $39.79 on Friday. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.16 and a quick ratio of 1.16. Openlane has a one year low of $24.10 and a one year high of $42.90. The business's 50-day simple moving average is $39.01. The firm has a market cap of $4.22 billion, a price-to-earnings ratio of -39.01, a PEG ratio of 2.21 and a beta of 1.26. Discover more Stock Market Holidays Cryptocurrency News Options Profit Calculator Openlane (NYSE:OPLN - Get Free Report) last issued its earnings results on Tuesday, May 5th. The company reported $0.35 earnings per share for the quarter, beating analysts' consensus estimates of $0.32 by $0.03. The company had revenue of $527.90 million for the quarter. Openlane had a return on equity of 13.00% and a net margin of 9.47%.Openlane's revenue for the quarter was up 14.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.31 EPS. Openlane has set its FY 2026 guidance at 1.280-1.420 EPS. Research analysts anticipate that Openlane will post 1.4 EPS for the current year. Analyst ratings changes. A number of research firms have recently issued reports on OPLN. Bank of America boosted their price target on shares of Openlane from $37.00 to $44.00 and gave the company a "neutral" rating in a report on Thursday, July 9th. Wall Street Zen raised shares of Openlane from a "hold" rating to a "buy" rating in a research note on Saturday, May 9th. Robert W. Baird set a $40.00 price objective on shares of Openlane in a research report on Wednesday, May 6th. Stephens reissued an "overweight" rating and set a $42.00 target price on shares of Openlane in a research note on Thursday, June 11th. Finally, JPMorgan Chase & Co. upgraded Openlane from a "neutral" rating to an "overweight" rating and increased their target price for the company from $33.00 to $38.00 in a report on Wednesday, May 27th. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $41.67. Openlane profile. Openlane, Inc operates a digital wholesale vehicle marketplace that facilitates the remarketing of used vehicles for commercial consignors and retail dealers. The company provides an online auction platform that enables buyers and sellers to transact in real time, connecting franchised and independent dealers, fleet operators, rental companies, manufacturers and financial institutions. Its marketplace focuses on vehicles from lease returns, fleet and commercial fleets, repossessions and dealer trade-ins. In addition to the core auction and listing services, Openlane offers a suite of remarketing support services designed to simplify the end-to-end sale process. Further reading. Want to see what other hedge funds are holding OPLN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Openlane (NYSE:OPLN - Free Report). This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. Before you consider Openlane, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Openlane wasn't on the list. While Openlane currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys. The AI wave will soon hit public markets with Anthropic and OpenAI set to go public later this year. However, you don't have to wait to invest. This report shows seven AI stocks that you can buy today while the big model providers get ready to go public.

PR Newswire
Jun 12th, 2026
OPENLANE appoints Kelly Tuminelli and David Hult to board of directors

OPENLANE has appointed Kelly Tuminelli and David Hult to its board of directors. The wholesale used vehicle marketplace operator said the appointments strengthen its board with deep automotive retail and financial expertise. Tuminelli brings over 30 years of senior financial leadership experience at publicly traded companies including TriNet Group, Genworth Financial and General Electric. Her expertise spans financial management, accounting and investor relations. Hult has more than 30 years in retail automotive, currently serving as executive chairman of Asbury Automotive Group, one of the largest US automotive dealership groups. He previously held leadership positions at RLJ McLarty Landers, Group 1 Automotive and Penske Automotive Group. Board chair Mark Howell said the appointments will help guide OPENLANE's growth strategy and market leadership.

Yahoo Finance
May 15th, 2026
OPENLANE beats Q1 expectations with 14.7% revenue growth to $528M

OPENLANE reported first-quarter revenue of $527.9 million, beating analyst estimates of $492.3 million, whilst adjusted earnings per share of $0.35 exceeded expectations of $0.30. The automotive marketplace operator's adjusted EBITDA reached $96.7 million, an 11% beat. CEO Peter Kelly attributed the strong performance to robust growth in the company's digital marketplace, with US dealer-to-dealer transactions growing in the upper 20% range, significantly outpacing the broader industry. The company benefited from higher used vehicle values and expanding network effects. Management raised full-year adjusted EPS guidance to $1.35 at the midpoint and EBITDA guidance to $375 million, above analyst estimates of $363.7 million. Operating margin improved to 14%, up from 11.2% in the same quarter last year.

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