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Buffalo startups surpassed $200 million in VC and angel funding in 2018

Dan Miner
Buffalo startups surpassed $200 million in VC and angel funding in 2018

The number was inflated by the surging ACV Auctions, an online platform for wholesale car auctions, which was founded in 2014 and closed Series C and D venture capital rounds last year that totaled $124 million. It is undoubtedly the biggest story in Buffalo tech, but it’s not the sole reason 2018 was a record-breaking year. The portfolio of startups that received funding in Buffalo last year reflect the city’s economic diversity, along with the development strategies of recent years.