Company Profiles

driven by the PitchBook Platform

ACV Auctions

ACV Auctions
2014 FOUNDED
PRIVATE STATUS
51-200 EMPLOYEES
Series B LATEST DEAL TYPE
$15M LATEST DEAL AMOUNT
$21.5M TOTAL AMOUNT RAISED
Description

Developer of a web and mobile based platform designed to replace the timely and expensive process of physical car auctions. The company's web and mobile based platform enables wholesale car dealers to bid for vehicles and sell trade-ins through online auctions permitting car dealers to select the type of cars they wish to purchase and, when those vehicles become available, company sends an alert to the dealer's mobile device and a live auction follows.

Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Application Software
Other Industries
Social/Platform Software
Primary Office
640 Ellicott Street
Suite 108
Buffalo, NY 14203
United States
+1 (800) 553-4070
Request full access to PitchBook

You’re viewing a free company profile from the PitchBook Platform. To explore ACV Auctions’s full profile, request a free trial.

ACV Auctions Valuation and Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
5. Early Stage VC (Series B) 27-Feb-2017 $15M $21.5M 000.00 Completed Generating Revenue
4. Early Stage VC (Series A) 15-Aug-2016 000 00.00 0000 Completed Generating Revenue
3. Accelerator/Incubator 30-Jan-2016 000 00.00 Completed Generating Revenue
2. Seed Round 25-Mar-2015 $1M $1M $4M Completed Startup
1. Accelerator/Incubator 28-Jan-2015 Completed Startup
To view this company’s complete deal history including valuation and funding request access »

ACV Auctions Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion
Price
% Owned
Series B 00,000,000 00.000000 00.00 00.00 00 00.00 00.000
Series A 00,000,000 00.000000 00.00 00.00 00 00.00 00.000
Seed 2 6,699,600 $0.001000 $0.1 $0.1 1x $0.15 2.87%
Seed 961,525 $0.001000 $0.1 $0.1 1x $0.1 0.59%
To view this company’s complete Cap Table request access »

ACV Auctions Investors (8)

Investor Name Investor Type Holding Investor Since Participating Rounds Board
Seat
Contact
Info
43North Accelerator/Incubator Minority 000 0000 000000 0
Armory Square Ventures Venture Capital Minority 000 0000 000000 0
Bessemer Venture Partners Venture Capital Minority 000 0000 000000 0
Rand Capital Business Development Company Minority 000 0000 000000 0
SoftBank Capital Corporate Venture Capital Minority 000 0000 000000 0
You’re viewing 5 of 8 investors. Get the full list »

ACV Auctions Executive Team (5)

Name Title Board
Seat
Contact
Info
George Chamoun Chief Executive Officer
John Greco Co-Founder, Chief Financial Officer & Chief Operating Officer
Joseph Neiman Co-Founder and Vice President of Business Development
Michael Waterman Vice President, Sales
Daniel Magnuszewski Co-Founder & Chief Technology Officer

ACV Auctions Board Members (4)

Name Representing Role Since Contact
Info
Bob Goodman Bessemer Venture Partners Board Member 000 0000
Brian Hirsch Tribeca Venture Partners Board Member 000 0000
Jordan Levy Self Board Member 000 0000

1 Former Board Members

You’re viewing 3 of 4 board members. Get the full list »