When was ACV Auctions founded?

ACV Auctions was founded in 2014 and became a unicorn in 2019, reaching the milestone in 5 years. It raised its 1st funding round 1 year after its incorporation.

Where is ACV Auctions located?

ACV Auctions is headquartered in Buffalo, United States. It is registered at Buffalo, New York.

How many employees does ACV Auctions have?

As of May 31, 2026, the latest employee count at ACV Auctions is 1907.

Is ACV Auctions a funded company?

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 $1M Seed round, raised on Aug 05, 2015.

How much is ACV Auctions worth?

The latest valuation of ACV Auctions is $1.75B as of Nov 01, 2020.

When was the latest funding round of ACV Auctions?

ACV Auctions' latest funding was a $55M Series E round on Sep 2020, with participation from 1 investor. Its primary sector is B2B E-Commerce. In United States, the B2B E-Commerce sector has seen $71.2M in funding in 2026 to date.

What is the annual revenue of ACV Auctions?

Annual revenue of ACV Auctions is between $500M and $1B as on Dec 31, 2025

Is ACV Auctions a B2B E-Commerce company?

The primary sectors of ACV Auctions are B2B E-Commerce, Auto E-Commerce & Content and Auto Retail & Aftersales.

Where does ACV Auctions rank among its competitors?

ACV Auctions ranks 3rd amongst 455 active competitors, of which 20 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was Droom, which secured $3M in Mar, 2025.

Who are the top competitors of ACV Auctions?

ACV Auctions' top competitors include Cars24, Droom and Copart. Among them, Droom secured the most recent funding round in March, 2025.

ACV Auctions - 2026 Company Profile, Funding, Competitors & Financials

Sectors and market segments that ACV Auctions operate in

ACV Auctions serves in the Retail, Auto Tech, Auto market segments.The primary business model of ACV Auctions are:

Company Details

Online marketplace providing auction services for used vehicles to licensed dealers. The platform offers vehicle inspection reports with interior and exterior photos. It provides tools for transportation, inventory management, and vehicle appraisal. The platform aims to simplify the process of buying and selling vehicles.

Website: www.acvauctions.com/
Social
Email ID: *****@acvauctions.com
Phone Number: +1 **********
Part Of
Registered Address: Buffalo, New York

Key Metrics

Founded Year

2014

Location

Buffalo, United States

Stage

Series E

Total Funding

$350M in 9 rounds

Latest Funding Round

Series E, Sep 2020, $55M

Post Money Valuation

$1.75B as on Nov 01, 2020

Investors

Bessemer Venture Partners & 18 more

Ranked

3^rd among 455 active competitors

Annual Revenue

$500M - $1B as on Dec 31, 2025

Employee Count

1,907 as on May 31, 2026

Investment & Acquisitions

Drive & 5 more

Similar Companies

Openlane & 114 more

View ACV Auctions' full profile

ACV Auctions is associated with 3 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
ACV AUCTIONS INC CIN: 472415221 , United States, Active	Dec 31, 2013	-	2449 (As on Dec 31, 2024)	-
ACV AUCTIONS INC. CIN: 1637873 , United States, Active	Dec 29, 2014	$500M - $1B (As on Dec 31, 2025)	-	-
ACV AUCTIONS INC. CIN: 10146433 , United States, Active	Oct 19, 2020	-	-	-

ACV Auctions has raised a total funding of $350M over 9 rounds. Its first funding round was on Aug 05, 2015. Its latest funding round was a Series E round on Sep 2020 for $55M. 1 investor participated in its latest round. ACV Auctions has 19 institutional investors.

Here is the list of recent funding rounds of ACV Auctions:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Sep 2020	$55M	Series E	-	-	Durable Capital Partners	-
Sep 2020	$50M	Conventional Debt	-	-	-	-
Nov 12, 2019	$150M	Series E	$1.5B	-	Wellington, Fidelity Investments	Bain Capital Ventures, Tribeca Venture Partners, Bessemer Venture Partners

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View details of ACV Auctions's funding rounds and investors

ACV Auctions' employee count trend

ACV Auctions has 1,907 employees as of May 26. Here is ACV Auctions's employee count trend over the years:

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Top competitors of ACV Auctions include Cars24, Droom and Copart. Here is the list of Top 10 competitors of ACV Auctions, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Cars24 2015, Gurugram (India), Series G	Retailer of used vehicles, new vehicle information, loans, and related services	$1.08B	DST Global, Alpha Wave Global & 73 others	78/100
2nd	Droom 2014, Gurugram (India), Series G	Online retailer of used and new automobiles, plus related services	$344M	Digital Garage, Toyota Tsusho & 67 others	75/100
3rd	ACV Auctions 2014, Buffalo (United States), Series E	Online marketplace providing auction services for used vehicles to licensed dealers	$350M	HTIF, Sprout Capital Partners & 17 others	73/100
4th	Copart 1982, Dallas (United States), Public	Online marketplace for used and salvaged vehicles	$1.1M	-	72/100
5th	Insurance Auto Auctions 1982, Westchester (United States), Acquired	App-based B2C auction-based marketplace for used cars	-	ValueAct Capital, Parthenon Capital & 2 others	65/100
6th	Openlane 1999, Redwood City (United States), Acquired	Online used cars auction platform	$75M	Meritech, Apax & 5 others	65/100
7th	Manheim 1945, Atlanta (United States), Unfunded	Provider of used vehicle services and marketplace for vehicle exchange	-	-	64/100
8th	CarLotz 2011, Charlotte (United States), Acquired	Online P2P consignment-based car trading platform	$37M	TRP, Capital Q Ventures & 1 others	64/100
9th	CarTrade Exchange 2009, Mumbai (India), Series C	Operator of an online platform for vehicle auctions and listing services	$13M	Canaan, Tiger Global Management & 2 others	62/100
10th	CarTrade Tech 2006, Mumbai (India), Public	Online marketplace for used cars	$328M	Temasek, Canaan & 26 others	62/100

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ACV Auctions has made 2 investments in companies including Patient Pattern and LoveLocal. ACV Auctions has also acquired 4 companies including Drive and Monk AI.

Here is the list of investments & acquisitions:

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Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Aug 19, 2024	Acquisition	Drive	2019	Dublin (Ireland)
Mar 04, 2022	Investments	Patient Pattern	2013	Buffalo (United States)
Mar 04, 2022	Acquisition	Monk AI	2019	Paris (France)