Your Source for Venture Capital and Private Equity Financings

VC-funded Company:

ACV Auctions
640 Ellicott Street
Buffalo, NY
Phone: 585-317-0406

Our mission is to become the most trusted source in the industry for purchasing wholesale vehicles. Our product -- the ACV app -- leverages mobile to maximum benefit, enabling users to take a vehicle condition report and instantly alert buyers that a 20-minute auction has begun. Simply stated, our technology modernizes the entire arc of auction operations, including account management, title management, floor plan purchasing, arbitration, and facilitating logistics.

Key Contact
Name
George Chamoun
Title
CEO
Funding Events

Date
Amount
Type
Investors
Valuation
09/20/16 $5,000,000 Series A Armory Square Ventures
Rand Capital
SoftBank Capital
Tribeca Venture Partners
undisclosed
03/09/17 $15,000,000 Series B Armory Square Ventures
Rand Capital
SoftBank Capital
Tribeca Venture Partners
undisclosed
12/27/18 $93,000,000 Series D Armory Square Ventures
Bain Capital Ventures
Future Fund
Tribeca Venture Partners
undisclosed
11/12/19 $150,000,000 Series E Bain Capital Ventures
Fidelity Management & Research Company
Tribeca Venture Partners
Wellington Management Company
undisclosed