ACV Auctions provides a mobile app and web platform that allows car dealers to quickly buy and sell wholesale vehicles through live auctions.
ACV went public in March 2021 (NASDAQ: ACVA).
We’ve been fortunate enough to work with category-defining companies and many that we hope will define the next century of how we live, work, and do business.
We relentlessly focus on supporting exceptional leaders build and scale their companies. Our growth team brings their collective knowledge derived from our experiences working alongside entrepreneurs and companies over the last half-century.
Each of our partners has the decision-making autonomy to provide entrepreneurs across the globe with capital and expertise throughout different phases of a company’s journey, which includes their first $1 million or their last $250 million.
Our growth team will invest in the next century of market-leading companies that we believe can grow to become sustainable $10 billion businesses.
Our $825 million Century II fund is specifically designed for growth-stage companies that will define the next century, from our existing portfolio to the ones we missed the first time. This fund, combined with our core fund brings our total assets under management to over $9 billion and will allow us to more fully support growth-stage companies that demonstrate standout product-market fit, scalability, and executive leadership.