/Companies

ACV

Buffalo, US · Founded 2014 · 1,932 employees on LinkedIn · 9 known investors

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ACV Auctions operates an automotive marketplace and product suite that enables business partners in the used vehicle industry to manage their operations and transactions.

Founders & leadership

ACV was founded in 2014 by Joseph S. Neiman, John Louis Greco, and Daniel K. Magnuszewski.

JS
Joseph S. NeimanCo-founder
JL
John Louis GrecoCo-founder
DK
Daniel K. MagnuszewskiCo-founder
GCGeorge Chamoun
George ChamounCEOHe co-founded Synacor in 1998 and spent nearly two decades there as president of sales and marketing before moving to ACV in 2016. He also chairs the board of directors of Launch NY, a nonprofit supporting entrepreneurs in upstate New York.
DM
Dan MagnuszewskiFounder
JG
Jack GrecoFounder
JN
Joe NeimanFounder
JN
Joseph NeimanFounder

Investors · 9

Also in the syndicate · 1

World Bank’s IFC

Reported raises · per SEC filings

Form D private placements

$117.5M disclosed across 2 of 5 rounds · 2015–2024

▶$93MraisedJan 2019 · 13 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Brian HirschDirector
  • Jordan LevyDirector
  • George ChamounExecutive Officer, Director
  • Robert GoodmanDirector
  • Joseph S. NeimanExecutive Officer, Director
Offering amount
$100M
Amount sold
$93M
First sale
Dec 2018
Incorporated
Corporation, Delaware, 2014
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$24.5MraisedFeb 2018 · 22 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Robert GoodmanDirector
  • Joseph S. NeimanExecutive Officer, Director
  • Brian HirschDirector
  • Jordan LevyDirector
  • George ChamounExecutive Officer, Director
Offering amount
$35M
Amount sold
$24.5M
First sale
Jan 2018
Incorporated
Corporation, Delaware, 2014
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$5MofferedAug 2016 · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Ronald M. SchreiberDirector
  • Daniel K. ManguszewskiExecutive Officer, Director
  • Joseph S. NeimanExecutive Officer, Director, Promoter
Offering amount
$5M
Proceeds to insiders
$500K
Incorporated
Corporation, Delaware, 2014
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$1MofferedMar 2015 · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Joseph S. NeimanExecutive Officer, Director, Promoter
  • John Louis GrecoExecutive Officer, Director
  • Daniel K. MagnuszewskiExecutive Officer, Director
Offering amount
$1M
Incorporated
Corporation, Delaware, 2014
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Legal entities · 1

corporate structure
ACV AuctionsDelaware

In the news

Frequently asked questions

What does ACV do?
ACV Auctions operates an automotive marketplace and product suite that enables business partners in the used vehicle industry to manage their operations and transactions.
Who founded ACV?
ACV was founded by Joseph S. Neiman, John Louis Greco, Daniel K. Magnuszewski in 2014.
Who are ACV's investors?
ACV's investors include Akkadian Ventures, Armory Square Ventures, Bain Capital Ventures, Bessemer Venture Partners, Homebrew, Tribeca Venture Partners, UpVentures Capital, Wellington Management.
How much funding has ACV raised?
ACV has disclosed $117.5M raised across 2 of its 5 known rounds.
Where is ACV headquartered?
ACV is headquartered in Buffalo, US.