ACV Auctions Inc. operates a digital wholesale automotive marketplace that connects buyers and sellers of used vehicles. Headquartered in Buffalo, New York, the company provides a B2B platform for franchise and independent dealers, fleet operators, and rental companies to source and sell inventory. It differentiates itself through proprietary inspection technology, AI-powered condition reports, and value-added services like transportation and short-term inventory financing.
No individual customer accounted for more than 10% of revenue for the years ended December 31, 2025, 2024 or 2023, and no individual customer accounted for more than 10% of accounts receivable at December 31, 2025 or 2024. Substantially all of ACV's revenue is earned, and trade and finance receivables are due, from automotive dealerships and commercial partners.