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ACV Secures Funding Featured

By Staff Writer November 13, 2019


 ACV Auctions Inc., a dealer-to-dealer, online automotive marketplace, has secured $150 million in Series E funding. The investment was led by Wellington Management Co. and Fidelity Management & Research Co.  Included were existing investors such as Bain Capital Ventures, Bessemer Venture Partners and Tribeca Venture Partners

The new capital will fuel ACV Auctions’ investment in technology and data-driven solutions that will help dealerships source and sell used vehicles.

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Last modified on Tuesday, 19 November 2019 16:56

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