ACV Auctions Files Lawsuit Against Competitors
The complaint claims auto auction competitors collaborated to prevent ACV Auctions from gaining access to AutoIMS.
The complaint claims auto auction competitors collaborated to prevent ACV Auctions from gaining access to AutoIMS.
Amidst automotive industry challenges, May and June marked the best sales months in ACV Auctions’ history.
ACV Auctions has acquired TrueFrame, a vehicle inspections provider specializing in but not limited to collision investigations.
ACV Auctions has introduced a new tool billed as the industry’s first-ever mobile high-resolution undercarriage imaging technology.
Accelerate turn and maximize gross profit by stocking smarter, identifying your fastest-moving units, and testing new digital tools designed to drive efficiency throughout your used-car operation.
This Series B funding builds on the $5 million in venture capital ACV Auctions secured in 2016, the $1 million the firm secured in 2015 by winning the 43North startup competition, and the $1 million from angel investment the company also secured in 2015.
ACV Auctions named Michael Waterman vice president of sales. He will be charged with helping the company grow its mobile-enabled live auctions.
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