Tech Company Financing Transactions

ACV Auctions Funding Round

Bessemer Venture Partners, Tribeca Venture Partners and Armory Square Ventures joined a $31 million Series C venture round for ACV Auctions. The round was announced by the company on 2/7/2018.

Transaction Overview

Company Name
Announced On
2/7/2018
Transaction Type
Venture Equity
Amount
$31,000,000
Round
Series C
Investors

Bessemer Venture Partners (Lead Investor) (Bob Goodman)

Tribeca Venture Partners (Lead Investor)

Armory Square Ventures

SoftBank Group

Proceeds Purpose
The additional funding will enable us to innovate on top of our existing platform while also fueling growth into new markets at a rapid rate.

Company Information

Company Status
Publicly-held
Industry
Transportation
Mailing Address
640 Ellicott St. 321
Buffalo, NY 14203
USA
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
ACV Auctions LinkedIn Company Profile
Social Media
ACV Auctions Company Twitter Account
Company News
ACV Auctions News
Facebook
ACV Auctions on Facebook
YouTube
ACV Auctions on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
George Chamoun
  George Chamoun LinkedIn Profile  George Chamoun Twitter Account  George Chamoun News  George Chamoun on Facebook
Chief Marketing Officer
Kate Clegg
  Kate Clegg LinkedIn Profile  Kate Clegg Twitter Account  Kate Clegg News  Kate Clegg on Facebook
Chief Operating Officer
Vikas Mehta
  Vikas Mehta LinkedIn Profile  Vikas Mehta Twitter Account  Vikas Mehta News  Vikas Mehta on Facebook
Chief Technical Officer
Daniel Magnuszewski
  Daniel Magnuszewski LinkedIn Profile  Daniel Magnuszewski Twitter Account  Daniel Magnuszewski News  Daniel Magnuszewski on Facebook
VP - Bus. Development
Craig Anderson
  Craig Anderson LinkedIn Profile  Craig Anderson Twitter Account  Craig Anderson News  Craig Anderson on Facebook
VP - Customer Service
Joseph Neiman
  Joseph Neiman LinkedIn Profile  Joseph Neiman Twitter Account  Joseph Neiman News  Joseph Neiman on Facebook
VP - Sales
Michael Waterman
  Michael Waterman LinkedIn Profile  Michael Waterman Twitter Account  Michael Waterman News  Michael Waterman on Facebook


 

 

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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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