ACV Auctions is a high growth technology company founded in 2014 that provides a vibrant digital marketplace for wholesale vehicle transactions and data services. The company's marketplace, called ACV Auctions, offers transparent and accurate vehicle information to customers powered by technology innovations and data insights. ACV is on a mission to build and enable the most trusted and efficient digital marketplaces for buying and selling used vehicles.
ACV's platform leverages data insights and technology to power its digital marketplace and data services, enabling dealers and commercial partners to buy, sell, and value vehicles with confidence and efficiency. The company's network of brands includes ACV Auctions, ACV Transportation, and ACV Capital within its Marketplace Products, as well as True360, ACV Data Services, and MAX Digital.
The most recent investment in ACV Auctions was a $55.00M Series E investment on 03 September 2020, with participation from Bessemer Venture Partners and Durable Capital Partners.
ACV Auctions, headquartered in the United States, is poised to make significant strides in revolutionizing the wholesale vehicle transactions and data services industry.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Series E | $55.00M | 3 |
|
03 Sep 2020 |
| Secondary Market | Unknown | 2 |
|
01 Jun 2020 |
| Series E | $150.00M | 6 |
|
12 Nov 2019 |
| Series D | $93.00M | 6 |
|
19 Dec 2018 |
| Series C | $31.00M | 5 |
|
06 Feb 2018 |
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