Artsy was founded in 2009 by Carter Cleveland. The company has not publicly endorsed a plan to participate in an IPO. These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
Artsy is an online art brokerage that currently operates as a platform for galleries to sell their products through auctions and fixed-price transactions. In addition to selling physical artwork on its platform, the company also hosts NFT auctions. In 2017, Artsy acquired ArtAdvisor, a data science startup. Artsy has raised $100 million in venture capital funding from investors including Avenir Growth Capital, L Catterton, Thrive Capital, Shumway Capital, Larry Gagosian, Wendi Murdoch, Rich Barton, and others. A 2017 round of Series D funding increased Artsy's valuation to $275 million.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
07/18/2017 | Series D | $49.29MM | $xx.xx | $267.82MM | Avenir Growth Capital, Fueled, Joe Gebbia, Landis Capital, L Catterton, Richard Barton, Rockefeller Family Trust, Shumway Capital, Sky Dayton, Strand Equity, Thrive Capital | |
Price per Share
$xx.xx
Shares Outstanding
1,914,879
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Avenir Growth Capital, Fueled, Joe Gebbia, Landis Capital, L Catterton, Richard Barton, Rockefeller Family Trust, Shumway Capital, Sky Dayton, Strand Equity, Thrive Capital
|
||||||
03/26/2015 | Series C | $26.32MM | $xx.xx | $160.08MM | Idg Capital, Jaws Ventures, L Catterton, Rockefeller Family Trust, Thrive Capital | |
Price per Share
$xx.xx
Shares Outstanding
1,387,503
Liquidation Pref Order
2
Liquidation Pref As Multiplier
2.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Idg Capital, Jaws Ventures, L Catterton, Rockefeller Family Trust, Thrive Capital
|
||||||
04/03/2014 | Series B | $19.64MM | $xx.xx | $65.71MM | Breyer Capital, Idg Capital, Others, Peter Thiel, Plug & Play Tech Center, Raptor Group, Rockefeller Family Trust, Slow Ventures, Thrive Capital, Zhenfund | |
Price per Share
$xx.xx
Shares Outstanding
2,079,369
Liquidation Pref Order
3
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Breyer Capital, Idg Capital, Others, Peter Thiel, Plug & Play Tech Center, Raptor Group, Rockefeller Family Trust, Slow Ventures, Thrive Capital, Zhenfund
|
||||||
11/03/2011 | Series A-1 | $6MM | $xx.xx | $41.53MM | Boxgroup, Michael Broukhim, Peter Thiel, Thrive Capital | |
Price per Share
$xx.xx
Shares Outstanding
722,334
Liquidation Pref Order
4
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Boxgroup, Michael Broukhim, Peter Thiel, Thrive Capital
|
||||||
11/24/2010 | Series A-2 | $178,399.00 | $xx.xx | $10MM | Alexis Ohanian, Barry Silbert, David Tisch, Eric Schmidt, Founders Collective, Jack Dorsey, Jeff Miller, Others, Peter Lehrman, Thrive Capital | |
Price per Share
$xx.xx
Shares Outstanding
107,387
Liquidation Pref Order
4
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Alexis Ohanian, Barry Silbert, David Tisch, Eric Schmidt, Founders Collective, Jack Dorsey, Jeff Miller, Others, Peter Lehrman, Thrive Capital
|
||||||
11/24/2010 | Series A-3 | $1.29MM | $xx.xx | $10MM | Alexis Ohanian, Barry Silbert, David Tisch, Eric Schmidt, Founders Collective, Jack Dorsey, Jeff Miller, Others, Peter Lehrman, Thrive Capital | |
Price per Share
$xx.xx
Shares Outstanding
500,628
Liquidation Pref Order
4
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Alexis Ohanian, Barry Silbert, David Tisch, Eric Schmidt, Founders Collective, Jack Dorsey, Jeff Miller, Others, Peter Lehrman, Thrive Capital
|
||||||
11/24/2010 | Series A-4 | $211,127.00 | $xx.xx | $10MM | Alexis Ohanian, Barry Silbert, David Tisch, Eric Schmidt, Founders Collective, Jack Dorsey, Jeff Miller, Others, Peter Lehrman, Thrive Capital | |
Price per Share
$xx.xx
Shares Outstanding
78,753
Liquidation Pref Order
4
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Alexis Ohanian, Barry Silbert, David Tisch, Eric Schmidt, Founders Collective, Jack Dorsey, Jeff Miller, Others, Peter Lehrman, Thrive Capital
|