(ACVA) ACV Auctions - Ratings and Ratios

ACV Auctions Inc. operates a digital wholesale auction platform designed to streamline business-to-business transactions for used vehicles between dealerships. The platform offers a suite of tools and services, including real-time auctions, pre-auction vehicle filtering via Run List, and ACV Transportation, which provides real-time shipping quotes. Additionally, ACV Capital offers short-term financing options for buyers, while the Go Green program ensures vehicle condition assurance. The company also operates remarketing centers that provide value-added services such as vehicle reconditioning and storage, catering to commercial partners like fleet operators and financial institutions.

ACV Auctions enhances its marketplace with advanced data and technology solutions. The True360 report delivers detailed vehicle assessments, integrating cosmetic and structural condition data into vehicle history reports. The ACV Market Report provides transaction data and pricing insights, enabling dealers to make informed decisions. ACV MAX is an inventory management tool that helps dealers optimize pricing and inventory turnover. The platform also includes inspection technologies like condition reports, virtual lift solutions, and the Apex device, along with marketplace enablement features such as the MyACV app, private marketplaces, and programmatic buying services.

Founded in 2014 and headquartered in Buffalo, New York, ACV Auctions Inc. is a leading provider of digital solutions for the automotive wholesale market. Its platform is designed to increase transparency, efficiency, and profitability for dealerships and commercial consignors. The company’s focus on data-driven decision-making and end-to-end transaction support positions it as a key player in the evolving automotive remarketing industry.