ACV Auctions, Inc.

ACV Auctions Inc. is a leading provider of digital marketplace solutions for wholesale vehicle transactions. The company's platform enables wholesale vehicle dealers to buy and sell vehicles through an online auction environment, streamlining the process that traditionally required physical auction houses. This innovative approach enhances efficiency, transparency, and profitability for dealers, facilitating swift and informed trading decisions. Additionally, ACV Auctions offers an array of complementary services, including vehicle condition reports, logistics facilitation, and data-driven insights, empowering dealers with a comprehensive solution to optimize their inventory management. Operating primarily in the automotive sector, ACV Auctions plays a pivotal role in modernizing vehicle transactions by leveraging technology to overcome traditional market barriers. Since its inception, the company has gained prominence in the automotive wholesale market, embodying the digital transformation sweeping the industry. By championing an online-only model, ACV Auctions is setting a new standard for how vehicles are auctioned, leaving a sustainable mark on automotive commerce through cutting-edge digital solutions.