Online car dealership service ACV Auctions has filed to go public having previously raised some $360m in funding from investors including SoftBank.
Telecommunications and internet group SoftBank could be in line to exit US-based online vehicle marketplace ACV Auctions, which has filed for a $100m initial public offering on the Nasdaq Stock Market.
ACV has built an online marketplace that enables dealers to buy and sell cars and other vehicles while making use of detailed data to inform transactions. It was responsible for more than 30,000 transactions per month by 2020.
The company almost doubled its revenue year on year to…
