Tech Company Financing Transactions
ACV Auctions Funding Round
ACV Auctions, operating out of Buffalo, scored $55 million in investment from Durable Capital Partners and private investors.
Transaction Overview
Company Name
Announced On
10/26/2020
Transaction Type
Venture Equity
Amount
$55,000,000
Round
Undisclosed
Investors
Durable Capital Partners (Lead Investor)
Proceeds Purpose
The fund will use the funds to invest in market expansion, technology and product innovation.
Company Information
Company Status
Publicly-held
Industry
Transportation
Mailing Address
640 Ellicott St. 321
Buffalo, NY 14203
USA
Buffalo, NY 14203
USA
Phone
Website
Email Address
Overview
We are on a mission to fundamentally change the wholesale automotive industry, by providing a level of trust and transparency that was once unimaginable. We will continue to raise the bar every day by investing in our people and technology to help our customers succeed.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
George Chamoun
Chief Marketing Officer
Kate Clegg
Chief Operating Officer
Vikas Mehta
Chief Technical Officer
Daniel Magnuszewski
VP - Bus. Development
Craig Anderson
VP - Customer Service
Joseph Neiman
VP - Sales
Michael Waterman
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About Our Venture Capital Transactions Database
We do our best to report on tech company VC transactions. VC investment data records reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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