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ACV Stock
Pricing application for franchise dealers
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
Armory Square Ventures
Bain Capital
RentoMojo, ACV, Turbonomic, Flywire, Infusionsoft, INRIX, Tealium, Reonomy, FourKites, Justworks
Bessemer Venture Partners
Pinterest, Snapdeal, Toast, Box, Procore Technologies, Fuze, Welltok, Good Technology, Blue Apron, PagerDuty
Future Fund
Welltok, ThoughtSpot, Coursera, Desktop Metal, ACV, Metromile, NextNav, Rocket Lab, Bitglass, Arctic Wolf Networks
SoftBank Capital
Alibaba, SoFi, Compass, Snapdeal, Plenty, Guardant Health, BuzzFeed, Fitbit, Lemonade, Kabbage
SWFI
Tribeca Venture Partners
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
Co-Founder & Chief Technology Officer
Dan Magnuszewski
Chief Customer Success Officer
Joseph Neiman
Chief Operating Officer
Vikas Mehta
Chief Corporate Development Officer
Craig Anderson
Chief Sales Officer
Michael Waterman
Other Companies
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