ACV Auctions

OverviewSuggest Edit

ACV Auctions is a company operating as a dealer-to-dealer, online automotive marketplace. It offers a platform that enables used-car dealers to view, bid, and purchase car inventory via online auctions.
TypePrivate
Founded2014
HQBuffalo, NY, US
Websiteacvauctions.com
Employee Ratings3.3
Overall CultureA+

Latest Updates

Employees (est.) (Jan 2021)1,079(+2%)
Cybersecurity ratingCMore

Key People/Management at ACV Auctions

George Chamoun

George Chamoun

Chief Executive Officer
Joseph Neiman

Joseph Neiman

Chief Customer Success Officer
Bill Zerella

Bill Zerella

Chief Financial Officer
Vikas Mehta

Vikas Mehta

Chief Operating Officer
Craig Anderson

Craig Anderson

Chief Corporate Development Officer
Michael Waterman

Michael Waterman

Chief Sales Officer
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ACV Auctions Office Locations

ACV Auctions has an office in Buffalo
Buffalo, NY, US (HQ)
The Innovation Center, 640 Ellicott St #321
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ACV Auctions Financials and Metrics

Summary Metrics

Founding Date

2014

ACV Auctions total Funding

$351.6 m

ACV Auctions latest funding size

$55 m

Time since last funding

3 months ago

ACV Auctions investors

ACV Auctions's latest funding round in October 2020 was reported to be $55 m. In total, ACV Auctions has raised $351.6 m
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ACV Auctions Operating Metrics

Jul, 2020

Trademark Applications

3

Trademarks (US)

2
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ACV Auctions Acquisitions / Subsidiaries

Company NameDateDeal Size
ASIApril 22, 2020
ACV Capital
ACV Transportation
True360 Report

ACV Auctions Cybersecurity Score

Cybersecurity ratingPremium dataset

C

75/100

SecurityScorecard logo

ACV Auctions Online and Social Media Presence

Embed Graph

ACV Auctions Company Culture

  • Overall Culture

    A+

    97/100

  • CEO Rating

    A+

    100/100

  • Compensation

    A+

    100/100

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ACV Auctions News and Updates

ACV Auctions Unveils New Product Offerings at National Auto Dealers Association Conference

LAS VEGAS, Feb. 14, 2020 /PRNewswire/ -- ACV Auctions Inc., the leading dealer-to-dealer, online automotive marketplace, hits the road this weekend to demo new offerings for dealers at the 2020 National Auto Dealers Association Conference in Las Vegas. Attendees can explore these recent...

ACV Auctions Growth Continues, Adding Top Talent & Territories

BUFFALO, N.Y., Sept. 17, 2019 /PRNewswire/ -- As ACV Auctions Inc., the leading dealer-to-dealer, online automotive marketplace, continues its rapid growth throughout the United States, the company is bolstering its roster of top talent with new hires and promotions – including the new...

ACV Auctions triples year-over-year sales

BUFFALO, N.Y., April 2, 2019 /PRNewswire/ -- ACV Auctions Inc., the leading dealer-to-dealer, online wholesale automotive marketplace, hit an all-time high selling more than 15,500 vehicles online in March, representing nearly 2% of all vehicles sold at auction today. ACV sold over $110...

Rapidly growing ACV Auctions adds Silicon Valley exec as COO

BUFFALO, N.Y., Jan. 25, 2019 /PRNewswire/ -- ACV Auctions, the leading dealer-to-dealer, online wholesale automotive marketplace, has hired Vikas Mehta as chief operating officer. Mehta will oversee the company's operations teams and mission to continuously improve dealers' experience...

ACV Auctions to launch "ACV AMP" enabling a clear sound of the vehicle engine before buying

BUFFALO, N.Y., Jan. 25, 2019 /PRNewswire/ -- ACV Auctions, the leading dealer-to-dealer, online wholesale automotive marketplace, announced Thursday that it has developed a new technology that will allow all dealers on the ACV platform to clearly hear engine sounds of vehicles they are...

ACV Auctions continues rapid disruption of $100B wholesale automotive industry

BUFFALO, N.Y., Dec. 19, 2018 /PRNewswire/ -- ACV Auctions Inc., the leading dealer-to-dealer, online wholesale automotive marketplace, announced it has secured $93 million in Series D funding that will allow the company to continue its explosive nationwide growth. The company has...
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ACV Auctions Blogs

Marketplace 2.0 - Frequently Asked Questions

What is Marketplace 2.0? Marketplace 2.0 is a re-designed ACV Auctions experience built with our dealers in mind. Over the past five years we've received countless pieces of feedback from our dealers and we've incorporated those into a new, customizable ACV interface. What is the easiest way to

Wholesale Vehicle Pricing Strategy for Today's World

Pricing is one of the most important factors in determining a dealer's success in both wholesale and retail. Maximize your cash flow with these strategies.

Harnessing Digital Retailing for Your Dealership

As the car buying process moves online for good, digital retailing is key to extending the showroom experience to a customer. Learn more here.

Why Dealers Need to Digitize Their Operations

COVID-19 has accelerated a long-standing need for dealers to digitize their operations. Read why and how to navigate it here.

Introducing: ACV Market Report

A whole new level of transparency Determining the wholesale value of a car on both the buying and selling side of the marketplace can be a challenging task. With so many variables such as condition, age, mileage and location, it might sometimes seem like your gut and industry knowledge is

Why Dealerships Should Use Online Auto Auctions

More than ever, dealers need to turn inventory quickly for cash, without an intensely laborious process. Learn how online dealer auctions do just that.
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ACV Auctions Frequently Asked Questions

  • When was ACV Auctions founded?

    ACV Auctions was founded in 2014.

  • Who are ACV Auctions key executives?

    ACV Auctions's key executives are George Chamoun, Joseph Neiman and Bill Zerella.

  • How many employees does ACV Auctions have?

    ACV Auctions has 1,079 employees.

  • Who are ACV Auctions competitors?

    Competitors of ACV Auctions include KAR Global, Carvana and CARS24.

  • Where is ACV Auctions headquarters?

    ACV Auctions headquarters is located at The Innovation Center, 640 Ellicott St #321, Buffalo.

  • Where are ACV Auctions offices?

    ACV Auctions has an office in Buffalo.

  • How many offices does ACV Auctions have?

    ACV Auctions has 1 office.