About ACV Auctions
ACV Auctions is a publicly listed company based in Buffalo (United States) founded in 2014, and was acquired by Copart in September 2026. It operates as a b2B online auctions for car dealers inventory are facilitated. It operates in the Transportation, Automotive & Logistics and Retail sectors. ACV Auctions has raised $350 million across 9 funding rounds from investors including Fidelity Investments, Bessemer Venture Partners and Copart. The company has 1,938 employees. ACV Auctions has completed 4 acquisitions, including Drive Inc, MAXDigital and Monk AI. ACV Auctions was last valued at $5 billion in March 2021. Its chief executive is George Chamoun. Its website acvauctions.com draws about 605 thousand monthly visits. ACV Auctions offers products and services including ACV Auctions, ACV Transportation, ACV Capital, and True 360. Its focus areas include B2B E-Commerce, Automotive, Vehicles and Cars. Its legal entity is ACV Auctions Inc. Its competitors include CarLotz, Droom, Copart, Insurance Auto Auctions and CarTrade Tech and 3 more; 6 of its 8 listed competitors have raised funding.
Company details
Founded in 2014 and based in Buffalo, United States, ACV Auctions operates as an online B2B marketplace in the automotive sector. Trade-in and aged vehicle inventory is bought and sold by dealers through auction-based transactions on the platform. Access is provided via a mobile application compatible with Android and iOS devices, supporting dealer operations across the region.
- Annual Revenue$759.61 M (USD)19.22as on Dec 31, 2025
- Net Profit-$66.14 M (USD)17.01as on Dec 31, 2025
- EBITDA-$17.95 M (USD)57.05as on Dec 31, 2025
- Total Equity Funding$350M (USD)
in 9 rounds
- Latest Funding Round$55M (USD), Series E
Sep 2020
- InvestorsFidelity Investments
& 16 more
- Employee Count1,938
- Investments & AcquisitionsDrive Inc.
& 3 more
- Acquired byCopart
(Sep 2026)
Products & Services of ACV Auctions
ACV Auctions offers a comprehensive portfolio of products and services, including ACV Auctions, ACV Transportation, ACV Capital, and True 360.
Platform for wholesale buying and selling of used vehicles.
Service for reliable nationwide vehicle transport.
Financing tool for dealers to purchase vehicle inventory.
Tool providing detailed vehicle condition reports.
Apps and channels of ACV Auctions
ACV Auctions publishes 2 mobile apps with over 50K+ downloads.
Funding Insights of ACV Auctions
ACV Auctions has successfully raised a total of $350M across 9 strategic funding rounds. The most recent funding activity was a Series E round of $55 million completed in September 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $350M
- Total Rounds 9
- Last Round Series E — $55M
- First Round $1M
(Aug 2015)
- Investors Count 17
All 9 funding rounds of ACV Auctions with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2020 | $55M | Series E | – | Durable Capital Partners | – |
| Sep 2020 | $50M | Debt – Conventional | – | – | – |
| Nov 2019 | $150M | Series E | – | Wellington, Fidelity Investments | |
| Dec 2018 | $93M | Series D | – | Bain Capital Ventures, Bessemer Venture Partners | |
| Feb 2018 | $31M | Series C | – | Bessemer Venture Partners, Tribeca Venture Partners | – |
| Mar 2017 | $15M | Series B | – | Bessemer Venture Partners | – |
| Sep 2016 | $5M | Series A | – | Tribeca Venture Partners | |
| Oct 2015 | $1M | Grant | – | – | |
| Aug 2015 | $1M | Seed | – | – | – |
| Date | Valuation | Stage |
|---|
Full valuation and stage history of ACV Auctions
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Last known valuation $5B (Mar 2021). 17 investors in total: 17 institutional.
Investors in ACV Auctions
ACV Auctions has secured backing from 17 investors, including institutional and venture fund investors. Prominent investors backing the company include Fidelity Investments, Bessemer Venture Partners and Copart.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital fund focused on investing in multiple sectors | – | baincapitalventures.com | Boston, United States | |
Early-stage VC firm investing in the US | – | tribecavp.com | New York, United States | |
Venture capital investments and support for entrepreneurs in technology and innovation sectors. | 1911 | bvp.com | Redwood City, United States | |
Early-stage startups are supported with capital and mentorship by Armory Square Ventures. | – | armorysv.com | Skaneateles, United States | |
Early & Growth stage VC Firm investing primarily in the US | 1969 | randcapital.com | Buffalo, United States | |
Tech focused VC firm investing in early stage companies in the US & Canada | – | sbny.vc | Buffalo, United States | |
Seed-stage investments are targeted by 43North in startups. | – | 43north.org | Buffalo, United States | |
Investment management services are offered by Durable Capital Partners. | – | durablecap.com | Bethesda, United States | |
- | – | z80labs.com | - | |
Investments are made in technology startups by UpVentures Capital. | – | upventures.com | New York, United States |
Investor details for ACV Auctions
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People of ACV Auctions
336 people are tracked at ACV Auctions (112 in leadership, 224 in team); the tracked headcount is 1,938.
| Name | Role | Group |
|---|---|---|
George Chamoun | CEO | Leadership |
Sallie Reid | Chief People Officer | Leadership |
Crystal Roragen-Eggers | Talent Acquisition Partner | Leadership |
Vikas Mehta | Chief Operating Officer | Leadership |
Bill Zerella | Chief Financial Officer | Leadership |
Michael Waterman | Chief Sales Officer | Leadership |
Pamela Zohouri | Director, Global Talent | Leadership |
Andy Pando | Regional Sales Director | Leadership |
Tim Adams | Area Vice President - South Central | Leadership |
Craig Anderson | Chief Corporate Development & Strategy Officer | Leadership |
Bahman Koohestani | Chief Technology Officer | Leadership |
Leanne Fitzgerald | Chief Legal Officer | Leadership |
Jessica Gretchen | Human Resources Business Partner | Leadership |
John Hosier | Director Of Solutions, ACV Saas Solutions | Leadership |
Hansel U. | Sr. Talent Acquisition Partner | Leadership |
Sine Lorenzen | Sr. Talent Acquisition Partner, Corporate And Operations | Leadership |
Amy Williams Ms | Director, Business Applications & Delivery | Leadership |
Reid Gershbein | Director Of Engineering | Leadership |
Jonathan Rudd | Vice President Of Sales | Leadership |
Collin Rosenbaum | Regional Sales Director | Leadership |
316 more people are available in the full profile.
Complete people profiles for ACV Auctions
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IPO & Listings of ACV Auctions
ACV Auctions is a publicly listed company on the NYSE with ticker symbol ACVA in USA, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date24 Mar 2021
- Listed onNYSE: ACVA
- Listed entityACV Auctions Inc.
- Exchange sectorTechnology services
- ISINUS00091G1040
- Share price$10.47 (+0.19% on the day) · 2026-10-13
- Market capitalisation$1.78B
- EPS (diluted, trailing year)$-0.37
- Volume (last session)1,079,672
Financials of ACV Auctions
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | $759.6M | -$66.1M | -$17.9M |
| 2024 | $637.2M | -$79.7M | -$41.8M |
| 2023 | $481.2M | -$75.3M | -$69.2M |
| 2022 | $421.5M | -$102.2M | -$96.4M |
| 2021 | $358.4M | -$78.2M | -$66.5M |
Detailed financial statements for ACV Auctions
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Investments & Acquisitions by ACV Auctions
ACV Auctions has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Drive Inc., MAXDigital and Monk AI.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Cars are traded through an auction-based online marketplace. | driveinc.ie | Dublin, Ireland | 2019 | Aug 2024 | •••• | |
AI-powered SaaS solutions for vehicle inspections are offered. | monk.ai | Paris, France | 2019 | Mar 2022 | $19M | |
Cloud-based SaaS for automotive inventory pricing and sales is provided. | maxdigital.com | Chicago, United States | 2010 | Jul 2021 | $60M | |
Vehicle inspection services are provided for automotive needs. | trueframe.com | Fort Lauderdale, United States | 2010 | Dec 2019 | •••• |
Complete acquisition details for ACV Auctions
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Timeline of ACV Auctions
10 dated milestones of ACV Auctions across 12 years, from founding to its latest funding, stage changes and deals.
- Founded ACV Auctions is founded.
- Funding First funding round of $1.0M.
- Milestone Reaches Unicorn status.
- Acquisition Acquires True360 Report.
- Funding Latest funding round, Series E, of $55.0M.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires MAXDigital.
- Acquisition Acquires Monk AI.
- Acquisition Acquires Drive Inc..
- Exit Acquired by Copart.
Competitors of ACV Auctions
ACV Auctions has 8 listed competitors in our database, 6 of them funded. They include CarLotz, Droom, Copart, Insurance Auto Auctions and CarTrade Tech, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| carlotz.com | 2011 | Charlotte, United States | $37.03M | 403 | Used cars are traded via an online consignment platform. | |
| droom.in | 2014 | Gurugram, India | $344.27M | 156 | Used vehicles are bought and sold through an AI platform. | |
| copart.com | 1982 | Dallas, United States | – | 10,200 | Used and salvaged vehicles are offered via an online marketplace. | |
| iaai.com | 1982 | Westchester, United States | – | – | Used cars are auctioned via an app-based B2C marketplace. | |
| cartradetech.com | 2006 | Mumbai, India | $327.94M | 1,140 | Online marketplace for used cars | |
| openlane.com | 1999 | Redwood, United States | $35M | – | Wholesale used vehicles are auctioned online for dealers. | |
| cartradeexchange.com | 2009 | Mumbai, India | $13M | 1,061 | Operator of an online platform for vehicle auctions and listing services | |
| drivecaramel.com | 2021 | Encino, United States | $33.37M | – | Used cars are sold online with verification and financing services. |
Detailed competitors of ACV Auctions
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Web traffic of ACV Auctions
The website of ACV Auctions (acvauctions.com) receives about 604.9K visits a month and ranks #51,667 among all websites worldwide, #980 in Vehicles.
- Monthly visits604.9K
▼ 10.3% vs previous month
- Unique visitors68.7K
per month
- Global rank#51,667
among all websites
- Category rank#980
Vehicles · Vehicles
- Bounce rate18%
- Pages per visit12.0
- Average visit10 min 14 sec
- DevicesDesktop 89% · Mobile 11%
Websites whose visitors overlap most with ACV Auctions. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
carfaxonline.com | carfaxonline.com | 100% | – | #63,255 | – |
carmaxauctions.com | carmaxauctions.com | 99% | – | #143,763 | – |
| openlane.com | 99% | 421.6K | #84,071 | View details | |
car-part.com | car-part.com | 97% | – | #10,772 | – |
edgepipeline.com | edgepipeline.com | 96% | – | #100,461 | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for ACV Auctions
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Top companies in Automotive Retail & Aftersales
10 companies that operate in the same segment as ACV Auctions (Automotive Retail & Aftersales), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
General and life insurance products are provided across multiple categories. | 2016 | Bengaluru, Karnataka, India | USD 462.45 M | USD 1.12 B | 4,589 | |
Pre-owned vehicles are sold online with financing and valuation services. | 2012 | Phoenix, Arizona, United States | USD 460 M | USD 20.32 B | 17,400 | |
Insurance products for vehicles, health, travel, and life are offered. | 2016 | Bengaluru, Karnataka, India | USD 746.17 M | USD 216.04 M | 1,306 | |
Retailer of inspected, certified pre-owned vehicles with service and finance options | 2015 | Gurugram, Haryana, India | USD 741.46 M | USD 446.48 M | 5,812 | |
Pre-owned cars are certified, inspected, and traded online via Kavak. | 2016 | Lerma De Villada, Estado De Mexico, Mexico | USD 1.85 B | – | 11 | |
Auto insurance is delivered via app to individual drivers. | 2017 | London, England, United Kingdom | USD 161.3 M | USD 369.88 M | 625 | |
Provider of car service and repair network | 2016 | Gurugram, Haryana, India | USD 62.01 M | USD 8.06 M | 171 | |
Second-hand cars are listed online to connect buyers and sellers. | 2003 | Mumbai, Maharashtra, India | USD 5.89 M | USD 5.28 M | 451 | |
Vehicle parts and accessories are sold via an online platform. | 1897 | Walsall, West Midlands, United Kingdom | USD 20.37 M | – | – | |
Full-stack marketplace services for car ownership are provided. | 2015 | Singapore, Singapore, Singapore | USD 685.9 M | USD 806.83 M | 1,381 |
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Related news about Acv Auctions
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Frequently Asked Questions about ACV Auctions
ACV Auctions was founded in 2014 and raised its 1st funding round 1 year after it was founded.
ACV Auctions is headquartered in Buffalo, United States. It is registered at Buffalo, New York, United States.
George Chamoun is the current CEO of ACV Auctions.
ACV Auctions is a funded company, having raised a total of $350M across 9 funding rounds to date. The company's 1st funding round was a Seed of $1M, raised on Aug 2015.
ACV Auctions has 1,938 employees.
Annual revenue of ACV Auctions is $759.61M as on Dec 31, 2025.
Founded in 2014 and based in Buffalo, United States, ACV Auctions operates as an online B2B marketplace in the automotive sector. Trade-in and aged vehicle inventory is bought and sold by dealers through auction-based transactions on the platform. Access is provided via a mobile application compatible with Android and iOS devices, supporting dealer operations across the region.
ACV Auctions offers ACV Auctions, ACV Transportation, ACV Capital, and True 360.
Yes, ACV Auctions is publicly traded on NYSE under the ticker symbol ACVA.
ACV Auctions has made 4 acquisitions, including Drive Inc, MAXDigital, and Monk AI.
ACV Auctions has 17 investors. Key investors include Fidelity Investments, Bessemer Venture Partners, Copart, SoftBank Group, and Rand Capital.