ACV Auctions

Full-service dealer marketplace

Company website

Ticker

ACVA.NASDAQ

Market

Close date

7/1/2021

IPO date

3/23/2021

Placement price

$25

Profitability

0.4%

About

Total Funding

$351M

ACV provides a pricing application (app) for franchise dealers. It offers ACV, a mobile auction platform that enables wholesale dealers to sell trade-ins by creating app-based auctions.ACV also operates as a closing tool that enables wholesale buyers to bid for vehicles.

Number of employees

1000 - 5000

Headquarters

Buffalo, New York, United States