ACV Auctions Obtains $5,000,000 Series A Financing

  • Feed Type
  • Date
    9/20/2016
  • Company Name
    ACV Auctions
  • Mailing Address
    640 Ellicott St. Buffalo, NY 14203 USA
  • Company Description
    All costs are figured by ACV Auction at wholesale dealer cost, which implies used, remanufactured, and/or aftermarket parts as well as discounted labor rates. Price adjustments may be made by the seller up to the amount necessary to resolve a problem will be figured off wholesale dealer costs.
  • Website
    http://www.acvauctions.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $5,000,000
  • Transaction Round
    Series A
  • Proceeds Purposes
    The venture funding will support the company’s region-by-region expansion model, next to Cleveland and Pittsburgh, along its continued technical development.
  • M&A Terms
  • Venture Investor
    Tribeca Venture Partners
  • Venture Investor
    SoftBank Ventures Korea
  • Venture Investor
    Armory Capital
  • Venture Investor
    Rand Capital

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