ACV Stock
Pricing Application For Franchise Dealers
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About ACV Stock
ACV provides a pricing application (app) for franchise dealers. It offers ACV, a mobile auction platform that enables wholesale dealers to sell trade-ins by creating app based auctions. ACV also operates as a closing tool that enables wholesale buyers to bid for vehicles. Daniel Magnuszewski, Jack Greco, and Joseph Neiman founded it in 2014, with its headquarters in Buffalo in New York.
Investors
Bessemer Venture Partners
Swiggy, PharmEasy, BigBasket, Pinterest, Snapdeal, Sila Nanotechnologies, ServiceTitan, Toast, Hinge Health, Box
Rand Capital
43North
Z80 Labs Technology Incubator
Wellington Management
Swiggy, Scopely, Cityblock Health, Attentive, HeartFlow, Skims, Urban Company, Greenlight, Guild Education, Omada Health
Funding History
March 2015 | $1000K |
---|---|
August 2016 | $998K |
August 2016 | $5.0M |
February 2017 | $15.0M |
January 2018 | $34.7M |
December 2018 | $95.2M |
October 2019 | $160M |
September 2020 | $55.0M |
Management
Chief Executive Officer
George Chamoun
Chief Financial Officer
Bill Zerella
Chief Technology Officer
Dan Magnuszewski
Press
Spectrum News - Jan, 4 2021
ACV Auctions Donates $10,000, Thousands of Toy Cars to Oishei Children’s HospitalBuffalo News - Dec, 22 2020
ACV Auctions reportedly preparing to go publicprnewswire - Dec, 18 2020
ACV's Marketplace 2.0 Helps Dealers Buy Used Vehicles Smarter and Fasterbit - Oct, 16 2020
ACV Auctions quietly raised $55 million in venture capital in September