ACV Auctions is a live wholesale marketplace for dealer-only automobile auctions. Conducted via a smartphone application, ACV creates liquidity for wholesale inventory (trade-ins and aged automobiles) 24 hours a day. An intuitive 5 min process of snapping pictures and drafting a vehicle description launches an auction to 100s of registered buyers. ACV Auctions won 43North’s 2015 Finals and received a $1 million investment in exchange for 5% equity. In 2019, they became Buffalo’s first tech unicorn.