Artfinder
Financials
Estimates*
SEK | 2016 | 2017 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|---|
Revenues | 100m | 200m | 63.4m | 63.4m | 85.1m | 78.9m | 78.9m |
% growth | - | 100 % | - | - | 34 % | (7 %) | - |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
* | €3.2m | Early VC | |
* | €2.0m | Early VC | |
$830k Valuation: $10.0m | Seed | ||
$260k Valuation: $10.0m | Seed | ||
£426k | Seed | ||
Total Funding | €6.7m |
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Recent News about Artfinder
EditArtfinder is an online marketplace that connects art lovers with independent artists from around the world. Founded in 2011 by Spencer Hyman, the platform allows users to discover and purchase original artworks directly from artists, ensuring transparency and authenticity. Artfinder operates in the global art market, serving both individual collectors and casual buyers who seek unique pieces for their homes or offices. The business model is commission-based, where Artfinder takes a percentage of each sale made through the platform. Revenue is generated through these commissions as well as additional services such as premium listings and promotional features for artists. The platform offers a variety of payment options, including interest-free installment plans over 6 or 10 months, making art more accessible to a broader audience. Artfinder is certified as a B Corporation, highlighting its commitment to social and environmental performance. Key milestones include reaching 100,000 artworks sold and forming partnerships for sustainability initiatives like tree planting.
Keywords: online marketplace, independent artists, original artworks, global art market, commission-based, interest-free payments, B Corporation, sustainability, art collectors, unique pieces.