Other Articles
June 5, 2017
ACV Auctions Adds 8 New Markets
Online auction platform startup ACV Auctions is expanding into eight additional markets in the eastern U.S., a move the company's CEO says reflects growing demand for digital options in the remarketing world. ACV, which lets dealers buy wholesale vehicles via 20-minute auctions on their mobile phones, said it will open ...
March 8, 2017
ACV Auctions Secures $15 million in Funding to Fuel Expansion
BUFFALO, NY – ACV Auctions, an advanced mobile platform that enables used-car dealers to view, bid and purchase car inventory via online auctions, today announced that it has secured $15 million in venture funding led by Bessemer Venture Partners with participation from existing investors. ACV will use the funds to ...
November 9, 2016
Industry Veteran Michael Waterman Joins ACV Auctions as VP of Sales
BUFFALO, N.Y — ACV Auctions today announced that Michael Waterman has joined the company as Vice President of Sales. Expanding the team is part of ACV’s ongoing growth plan to deliver mobile-enabled live auctions for dealerships. In September, ACV secured $5 million in venture capital funding and recruited George Chamoun, ...
September 19, 2016
ACV Auction Gains $5 Million in Funding & George Chamoun Becomes CEO
BUFFALO, NY – ACV Auctions today announced that it has raised $5 million in venture funding, led by Tribeca Venture Partners, with participation from SoftBank Capital NY (SBNY), Armory Square Ventures and Rand Capital (Nasdaq: RAND). In addition, the company appointed Synacor (Nasdaq: SYNC) founder George Chamoun as Chief Executive. ...
