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, US | Map |
| Website | acvauctions.com | |
| Employee Ratings | More |
Latest Updates
| Employees (est.) (Jul 2020) | 1,001 | |
| Cybersecurity rating | B | More |
Key People/Management at ACV Auctions
George Chamoun
CEO
Joseph Neiman
Chief Customer Success Officer
Vikas Mehta
Chief Operating Officer
Craig Anderson
Chief Corporate Development Officer
Michael Waterman
Chief Sales Officer
Dan Magnuszewski
Chief Technology Officer
ACV Auctions Office Locations
ACV Auctions has an office in Buffalo
Buffalo, US (HQ)
The Innovation Center, 640 Ellicott St #321
ACV Auctions Financials and Metrics
Summary Metrics
Founding Date | 2014 |
ACV Auctions total Funding | $296.6 m |
ACV Auctions latest funding size | $150 m |
Time since last funding | 8 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 |
ACV Auctions's latest funding round in November 2019 was reported to be $150 m. In total, ACV Auctions has raised $296.6 m
ACV Auctions Cybersecurity Score
ACV Auctions Online and Social Media Presence
1k Twitter followers
ACV Auctions has 1k Twitter Followers. The number of followers has increased 0.9% month over month and increased 2.3% quarter over quarter
ACV Auctions's Trends
Twitter Engagement Stats for @acvauctions
450
Tweets
314
Following
1k
Followers
4
Tweets last 30 days
6.5
Avg. likes per Tweet
100%
Tweets with engagement
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
April 13, 2020
How to Market Your Car Dealership in a Post-COVID World
COVID-19 is rapidly changing your dealership’s audience and their needs. Our marketing tips will help you successfully drive sales in this new reality.
April 08, 2020
All About Car Dealer Ratings
Optimizing your car dealer ratings, both online and with the Customer Satisfaction Index, is key to your success. Learn how to improve yours here.
April 02, 2020
My ACV: New Navigation, Title Status, and Data Export Features
We have made updates to overall navigation and have added the ability to see title status, as well as data export functionality.
March 30, 2020
How to Write Effective Vehicle Descriptions
What’s the first thing buyers do when they decide it’s time to purchase a vehicle? Nine times out of ten they start looking online. Once buyers decide on the make and model of a vehicle they want to purchase, their attention turns to finding vehicles that are for
March 24, 2020
Auto Reconditioning For Dealerships
Proper vehicle reconditioning can have a positive impact on your dealership’s revenue and bottom line. Learn more here from ACV Auctions.
March 18, 2020
New Ways to Ensure the Health & Safety of Your Team
We are implementing new health protocols to help reduce the spread of the Coronavirus. While we look forward to seeing you and interacting with you… we will need to take a pause until the virus dissipates.
Fortunately, as you know, our work can be done relatively hands-free but we are
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 Vikas Mehta.
How many employees does ACV Auctions have?
ACV Auctions has 1,001 employees.
Who are ACV Auctions competitors?
Competitors of ACV Auctions include CARS24, Liftit and Autotrader.
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.
Learn about Craft real-time company insights
Receive alerts for 300+ data fields across thousands of companies