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.
| Type | Private | |
| Founded | 2014 | |
| HQ | Buffalo, NY, US | Map |
| Website | acvauctions.com | |
| Employee Ratings | More | |
| Overall Culture | A+ | More |
Latest Updates
| Employees (est.) (Jan 2021) | 1,079 | (+2%) |
| Cybersecurity rating | C | More |
Key People/Management at ACV Auctions
George Chamoun
Chief Executive Officer
Joseph Neiman
Chief Customer Success Officer
Bill Zerella
Chief Financial Officer
Vikas Mehta
Chief Operating Officer
Craig Anderson
Chief Corporate Development Officer
Michael Waterman
Chief Sales Officer
ACV Auctions Office Locations
ACV Auctions has an office in Buffalo
Buffalo, NY, US (HQ)
The Innovation Center, 640 Ellicott St #321
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 | SoftBank Capital, Bessemer Venture Partners, Bain Capital Ventures, Wellington Management, Tribeca Venture Partners, Rand Capital, Sovereign Wealth Funds, Fidelity Management and Research Company, Future Fund, Armory Square Ventures, 43North, Z80 Labs Technology Incubator, Durable Capital Partners LP |
ACV Auctions's latest funding round in October 2020 was reported to be $55 m. In total, ACV Auctions has raised $351.6 m
ACV Auctions Operating Metrics
Show all operating metricsACV Auctions Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| ASI | April 22, 2020 | |
| ACV Capital | ||
| ACV Transportation | ||
| True360 Report |
ACV Auctions Cybersecurity Score
ACV Auctions Online and Social Media Presence
1.05k Twitter followers
ACV Auctions has 1.05k Twitter Followers. The number of followers has increased 0.8% month over month and increased 1.3% quarter over quarter
ACV Auctions's Trends
Twitter Engagement Stats for @acvauctions
479
Tweets
313
Following
1.1k
Followers
12
Tweets last 30 days
1.2
Avg. likes per Tweet
66.7%
Tweets with engagement
ACV Auctions Company Culture
Overall Culture
A+
97/100
CEO Rating
A+
100/100
Compensation
A+
100/100
ACV Auctions News and Updates
February 14, 2020
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...
September 17, 2019
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...
April 02, 2019
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...
January 25, 2019
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...
January 25, 2019
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...
December 19, 2018
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...
ACV Auctions Blogs
September 03, 2020
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
June 03, 2020
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.
May 25, 2020
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.
May 18, 2020
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.
May 04, 2020
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
April 30, 2020
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.
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.
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