ACV Auctions Inc.

ACV Auctions Inc. is a technology-driven digital marketplace that aims to transform the wholesale automotive industry by enhancing trust and transparency in used vehicle transactions. Headquartered in Buffalo, New York, the company provides a platform that enables dealers and commercial partners to efficiently buy, sell, and value vehicles.

ACV's offerings include a core digital auction platform, complemented by value-added services such as ACV Transportation for logistics, ACV Capital for financing, and Go Green assurance for buyer protection. The company also provides comprehensive data services, including True360 reports for detailed vehicle assessments, ACV Market Reports for pricing and valuation insights, and ACV MAX inventory management software, which offers AI-powered recommendations for dealers. These tools, along with inspection technologies like Virtual Lift and APEX, facilitate informed decision-making for licensed car dealers and commercial consignors.

Led by CEO George Chamoun, ACV continues to innovate its platform. Recent developments include the unveiling of an all-in-one Inventory Intelligence Suite for dealers and the expansion of its MAX Suite with AI-powered inventory guidance. ACV's strategic focus remains on leveraging data and technology to provide transparency and efficiency, solidifying its position as a leading wholesale automotive marketplace.