ACV Auctions’ mission is to become the most trusted source in the industry for purchasing wholesale vehicles. Our product leverages mobile to its maximum benefit through enabling 20-minute auction sessions from dealers’ lots; this eliminates the need to ship cars to auction. Our technology modernizes the entire arc of auction operations, including account management, title management, floor plan purchasing, arbitration, and facilitating logistics. To learn more, please visit www.acvauctions.com.
Location: United States, New York, Buffalo
Employees: 1001-5000
Phone: +1 800-553-4070
Total raised: $709M
Valuation: $1.5B
Founded date: 2014
Investors 6
Date | Name | Website |
- | Bain Capit... | baincapita... |
- | Z80 Labs | z80labs.co... |
- | Tribeca Ve... | tribecavp.... |
- | Bessemer V... | bvp.com |
- | Prysm Capi... | prysmcapit... |
- | Akkadian | akkadian.v... |
Funding Rounds 7
Date | Series | Amount | Investors |
22.03.2021 | IPO | $414M | - |
18.11.2019 | Series E | $150M | - |
19.12.2018 | Series D | $93M | - |
16.02.2018 | Series C | $31M | Bessemer V... |
09.03.2017 | - | $15M | Bessemer V... |
19.09.2016 | - | $5M | - |
05.08.2015 | - | $1M | - |
Mentions in press and media 34
Date | Title | Description | Source |
19.03.2024 | American digital automotive marketplace ACV Auctions enters ... | ACV Auctions, the $481 million US-based digital automotive marketplace for car dealers and commercia... | thehindubu... |
15.01.2024 | ACV to Showcase the Future of Vehicle Sourcing and Inventory... | Dealers win by leveraging ACV’s data and AI-powered inspection technologies ACV, the leading digital... | aithority.... |
12.03.2023 | Weekly AiThority Roundup: Biggest Machine Learning, Robotic ... | This is your AI Weekly Roundup . We are covering the top updates from around the world. The updates ... | aithority.... |
09.03.2023 | ACV’s AI-Powered Monk Technology Tapped by Toyota Financial ... | Guided photo capture tool will enhance and simplify consumer trade-in and off-lease for dealerships ... | aithority.... |
11.03.2022 | ACV Acquires Monk, a Leading AI-Powered Vehicle Inspection C... | ACV (Nasdaq: ACVA), the leading digital automotive marketplace and data services partner for dealers... | iriscapita... |
09.09.2021 | ACV Appoints Bahman Koohestani As Chief Technology Officer | BUFFALO, N.Y., Sept. 9, 2021 /PRNewswire/ -- ACV (Nasdaq: ACVA), the leading digital automotive mark... | salamancap... |
09.06.2021 | ACV Launches New Financing Offerings for Used Car Dealers Th... | prnewswire... | |
24.03.2021 | ACV Auctions Rises 25% In Debut After $414M IPO | - | baincapita... |
22.03.2021 | ACV Auctions raises offer price range, eyes $364 million IPO | By Reuters Staff 2 Min Read (This March 22 story corrects headline and first paragraph to remove ref... | reuters.co... |
22.03.2021 | SoftBank-backed ACV Auctions raises offer price range, eyes ... | By Reuters Staff 2 Min Read (Reuters) - SoftBank Group Corp-backed auto marketplace ACV Auctions Inc... | reuters.co... |
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