Annual Contract Value (or ACV) is the annual yearly revenue generated from each customer contract. [1] [2] [3]
[1] Retrieved May 21, 2021, from https://www.profitwell.com/recur/all/annual-contract-value
[2] Macmillan, I.C., Siegel, R., and Narasimha, P. 2002. Criteria used by venture capitalists to evaluate new venture proposals. Journal of Business Venturing. https://doi.org/10.1016/0883-9026(85)90011-4
[3] Lubik, S., and Garnsey, E. 2015. Early Business Model Evolution in Science-based Ventures: The Case of Advanced Materials. Long Range Planning. https://doi.org/10.1016/j.lrp.2015.03.001
[4] Baremetrics. Retrieved May 21, 2021, from https://baremetrics.com/academy/annual-contract-value-acv