ACVA

Acv Auctions Inc.

A digital wholesale marketplace where car dealers buy and sell used vehicles online, backed by a nationwide team of vehicle inspectors and data services like True360 Reports and ACV MAX. Founded in 2014 in Buffalo, New York, by a car dealer and a software developer who met at a startup incubator, the company won the city's 43North business competition to get off the ground. Its name, ACV, stands for "Actual Cash Value" — the industry term for a vehicle's true worth.