Dan Magnuszewski is an entrepreneur, software engineer, mentor, and investor from Buffalo, NY. He began working at M&T Bank after high school and graduated with a degree in computer science from the University at Buffalo in 2005. He has been heavily involved in the WNY tech community and has been an organizer and cofounder of organizations like CoworkBuffalo and Buffalo Startup Weekend. In 2016 he received the Outstanding Young Alumnus award from UB's School of Engineering and Applied Sciences and in 2018 was awarded Buffalo Business First "40 Under 40".
After having worked as a software engineer at Buffalo based Synacor, he went out on his own and served as a "technical cofounder for hire" helping startups in NYC and San Francisco build their products and businesses. He was previously the Managing Director of Z80 Labs, a startup incubator and $5mm seed fund in Buffalo, and a board member of UVANY (Upstate Venture Association of NY). In addition to this, he currently is part of UB's Computer Science Advisory Council, and has previously served as a member of the WNY Computer Science Teachers Association and Roswell Park Cancer Institute’s IT Advisory Council.
In 2015, Dan cofounded ACV Auctions, a dealer to dealer marketplace for used vehicles, and is currently the CTO. In 2015 ACV Auctions won the $1 million grand prize at the 43 North business competition. In total they raised a combined $350 million in venture capital from large venture capital firms such as Bessemer Venture Partners, Bain Capital Partners, Tribeca Venture Partners, SoftBank Capital, Armory Square Ventures, among others. In March of 2021 ACV Auctions went public on the NASDAQ and has a current market cap of ~$3bn. ACV Auctions, which started in Buffalo, is now in markets across the entire US and expanding rapidly. ACV currently employs over 1,500 people across the country. Always dedicated to the local community, ACV Auctions was named UB SEAS Corporate Partner of the Year in 2019.