ACV Auctions seeks to raise $100 million in IPO
Founded in 2014 by Dan Magnuszewski, Joseph Neiman and Jack Greco, ACV has raised about $350 million in private funding.
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ACV Auctions secures $150 million in Series E funding
Credit: WKBW Buffalo
Duration: 00:30s
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FIGURES IN THEFUTURE...A BUFFALO BASEDONLINE AUCTIONCOMPANY HAS JUSTSECURED 150 MILLIONDOLLARS IN FUNDINGTO INVEST IN ITSTECHNOLOGY."A-C-V" AUCTIONS ISGETTING THE MONEYFROM A NUMBER OFINVESTORS.THE COMPANY ISUSING IT TO PUSHFORWARD THE ONLINEAUTOMOTIVEMARKETPLACE.A STATEMENT BY "A-C-V" SAYS IT'S NEWTECHNOLOGY WILLHELP CARDEALERSHIPSSOURCE AND SELLUSED VEHICLES.ACV CURRENTLY