Acv Auctions

ACV Auctions is an online platform that allows car dealers to buy and sell vehicles through live auctions. Read more

593 Followers on Owler
593 Followers on Owler
593 Followers on Owler
593 Followers on Owler

Acv Auctions

ACV Auctions is an online platform that allows car dealers to buy and sell vehicles through live auctions. Read more

George Chamoun's photo - CEO of Acv Auctions

CEO

George Chamoun

CEO Approval Rating

96/100

Founded:

2014

Status:

PrivateIndependent Company

ACV AUCTIONS TOP COMPETITORS OR ALTERNATIVES

RANK

COMPANY

CEO

CEO RATING

EMPLOYEES

FUNDING

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RideSafely has been one of Acv Auctions's top competitors. RideSafely's headquarters is in Langhorne, Pennsylvania, and was founded in 2002. Like Acv Auctions, RideSafely also competes in the Automobile Dealers, Service providers, Online Platforms field. RideSafely generates 37% of Acv Auctions's revenue.

Autorola, Inc. is one of Acv Auctions's top rivals. Autorola, Inc. is a Product/Brand/Service company that was founded in Alpharetta, Georgia in 2001. Like Acv Auctions, Autorola, Inc. also works within the Automobile Dealers, Service providers, Online Platforms industry. Autorola, Inc. has 680 fewer employees vs. Acv Auctions.

BacklotCars is perceived as one of Acv Auctions's biggest rivals. BacklotCars was founded in 2014, and is headquartered in Kansas City, Missouri. Like Acv Auctions, BacklotCars also competes in the Automobile Dealers, Service providers, Online Platforms sector. BacklotCars generates $142M less revenue vs. Acv Auctions.

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Growth Score - 1/1

Is 1,100 a good estimate for Acv Auctions's Employee count?

Acv Auctions Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION

-

-

Apr 2020

Source »
undisclosed
-

These are all the companies that Acv Auctions has acquired. Acv Auctions' latest acquisition was in Apr 2020.

Acv Auctions Funding History

$1M$6M$21M$145M$295M

Since Acv Auctions was founded in 2014, it has participated in 6 rounds of funding. In total Acv Auctions has raised $295.0M. Acv Auctions' last funding round was on Nov 2019 for a total of $150.0M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Series E
Nov 2019
$150M

Wellington Management Company, LLP

Series D
Dec 2018
$93M
Series C
Jan 2018
$31M
Series B
Mar 2017
$15M
Series A
Sep 2016
$5M

Since Acv Auctions was founded in 2014, it has participated in 6 rounds of funding. In total Acv Auctions has raised $295.0M. Acv Auctions' last funding round was on Nov 2019 for a total of $150.0M

Acv Auctions Investments

No recent investments found related to Acv Auctions

These are all the companies that Acv Auctions has invested in. Acv Auctions' latest investment was in Apr 2020.

Acv Auctions News

December 24, 2020The Business Journals: Buffalo Business First

what it means

ACV Auctions started fueling heavy speculation about a pending IPO this summer.... See more »
December 22, 2020Auto Dealer Today

ACV's Marketplace 2.0 Helps Dealers Buy Used Vehicles Smarter and Faster

Marketplace 2.0 user experience delivers more streamlined interface, customized alerts and real-time ... See more »
December 18, 2020Auto Remarketing

ACV launches revamped marketplace

December 9, 2020Equipment Finance Advisor

First Business Offers Floorplan Financing Through ACV Auctions' Digital Platform

First Business announced a new agreement with ACV Auctions to offer Floorplan Financing through ACV A... See more »
October 16, 2020The Business Journals: Buffalo Business First

ACV Auctions quietly raised $55 million in venture capital in September

The company has been busy the past few months, with new board members and executive hires.... See more »
October 13, 2020Newyork Citybizlist

ACV Auctions Expands Leadership Team

Acv Auctions Blogs

May 18, 2020ACV Blog

Why Dealers Need to Digitize Their Operations

COVID-19 has accelerated a long-standing need for dealers to digitize their operations. Read why and ... See more »
May 4, 2020ACV Blog

Introducing: ACV Market Report

A whole new level of transparency Determining the wholesale value of a car on both the buying and sel... See more »
April 30, 2020ACV Blog

Why Dealerships Should Use Online Auto Auctions

More than ever, dealers need to turn inventory quickly for cash, without an intensely laborious proce... See more »
April 22, 2020ACV Blog

ACV Auctions Expands Products, Reach and Customers for Off-Lease and Commercial Sector with Latest Acquisition

ACV Auction has acquired ASI (formerly SGS) in order to provide more resources to service customers a... See more »
April 16, 2020ACV Blog

How Car Dealers Should Manage Inventory During a Slowdown

Is your vehicle inventory management costing you money or maximizing cash flow with every sale?... See more »
April 13, 2020ACV Blog

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... See more »
April 8, 2020ACV Blog

All About Car Dealer Ratings

Optimizing your car dealer ratings, both online and with the Customer Satisfaction Index, is key to y... See more »

Acv Auctions Press Releases

December 17, 2019PR Newswire

ACV Auctions Acquires TrueFrame , Bringing Transparency to All Used Vehicles, Including Accident Vehicles

BUFFALO, N.Y., Dec. 17, 2019 /PRNewswire/ -- ACV Auctions Inc., the leading online automotive marketp... See more »
September 30, 2019PR Newswire

ACV Auctions Launches Run List, New Filters and Proxy Bid Options

BUFFALO, N.Y., Sept. 30, 2019 /PRNewswire/ -- ACV Auctions Inc., the leading dealer-to-dealer, online... See more »
September 17, 2019PR Newswire

ACV Auctions Growth Continues, Adding Top Talent & Territories

BUFFALO, N.Y., Sept. 17, 2019 /PRNewswire/ -- As ACV Auctions Inc., the leading dealer-to-dealer, onl... See more »
April 2, 2019PR Newswire

ACV Auctions triples year-over-year sales

BUFFALO, N.Y., April 2, 2019 /PRNewswire/ -- ACV Auctions Inc., the leading dealer-to-dealer, online ... See more »
January 25, 2019PR Newswire

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 whole... See more »
January 25, 2019PR NewsWire Sys-Con Media

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 whole... See more »
December 19, 2018PR NewsWire Sys-Con Media

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 ... See more »

Acv Auctions Videos

January 29, 2021Acv Auctions, Inc. Youtube Channel

"See Why Dealers Love ACV" on YOUTUBE

December 22, 2020Acv Auctions, Inc. Youtube Channel

"A Better Auction Experience - ACV Auctions" on YOUTUBE

December 22, 2020Acv Auctions, Inc. Youtube Channel

"Turn Your Inventory Faster - ACV Auctions" on YOUTUBE

December 14, 2020Acv Auctions, Inc. Youtube Channel

"ACV Auctions Marketplace 2.0 New Watch List" on YOUTUBE

Social Media

Acv Auctions Headquarters

640 Ellicott Street Suite 321

Buffalo, New York14203

800-553-4070

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Acv Auctions Summary

ABOUT

Overview

ACV Auctions is an online platform that allows car dealers to buy and sell vehicles through live auctions. Acv Auctions was founded in 2014. Acv Auctions' headquarters is located in Buffalo, New York, USA 14203. It has raised 295.0M in 6 rounds. The l...

CEO

Acv Auctions's CEO, George Chamoun, currently has an approval rating of 96%. Acv Auctions's primary competitors are RideSafely, Autorola, Inc. & BacklotCars.

Website

acvauctions.com

Frequently Asked Questions about Acv Auctions

  1. When was Acv Auctions founded?

    Acv Auctions was founded in 2014
  2. Who is Acv Auctions's CEO?

    Acv Auctions's CEO is George Chamoun
  3. How much revenue does Acv Auctions generate?

    Acv Auctions generates $150M in revenue
  4. How much funding does Acv Auctions have?

    Acv Auctions has historically raised $295M in funding
  1. Where is Acv Auctions's headquarters?

    Acv Auctions's headquarters is in Buffalo New York, USA
  2. How many employees does Acv Auctions have?

    Acv Auctions has 1,100 employees
  3. What sector does Acv Auctions operate in?

    Acv Auctions is in Automobile Dealers, Service providers, Online Platforms
  4. Who are Acv Auctions's competitors?

    Acv Auctions's top competitors are RideSafely, Autorola, Inc., BacklotCars