About ARTEMEST
ARTEMEST is a company based in Milan (Italy) founded in 2015 by Marco Credendino and Ippolita Rostagno.. ARTEMEST has raised $27.28 million across 4 funding rounds from investors including IRIS, OLMA Luxury Holdings and Nuo Capital. ARTEMEST offers products and services including Furniture, Lighting, Decor, Tabletop, and Art. ARTEMEST operates in a competitive market with competitors including Murtarelli Casa, among others.
- Headquarter Milan, Italy
- Founders Marco Credendino, Ippolita Rostagno
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Sectors
Consumer
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Artemest Srl
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$27.28 M (USD)
in 4 rounds
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Latest Funding Round
$15.78 M (USD), Series B
May 03, 2022
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Investors
IRIS
& 5 more
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Employee Count
Employee Count
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Products & Services of ARTEMEST
ARTEMEST offers a comprehensive portfolio of products and services, including Furniture, Lighting, Decor, Tabletop, and Art. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Handcrafted Italian furniture for seating, tables, and storage solutions
Artisanal lamps and fixtures for indoor and outdoor use
Decorative vases, mirrors, and objects from Italian artisans
Items like plates, glasses, and serveware for dining needs
Paintings, sculptures, and photography pieces for display
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Funding Insights of ARTEMEST
ARTEMEST has successfully raised a total of $27.28M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $15.78 million completed in May 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Series B — $15.8M
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First Round
First Round
(20 Jan 2017)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2022 | Amount | Series B - ARTEMEST | Valuation | IRIS , OLMA Luxury Holdings |
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| Aug, 2020 | Amount | Series B - ARTEMEST | Valuation | OLMA Luxury Holdings | |
| Mar, 2018 | Amount | Series A - ARTEMEST | Valuation | Nuo Capital |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in ARTEMEST
ARTEMEST has secured backing from 6 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include IRIS, OLMA Luxury Holdings and Nuo Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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A venture capital firm focused on tech investments is operated.
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Founded Year | Domain | Location | |
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Investment in luxury sector startups and SMEs is facilitated by OLMA Luxury Holdings.
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Founded Year | Domain | Location | |
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A network of business angels is formed to support innovative startups.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by ARTEMEST
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - ARTEMEST
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Artemest Comparisons
Competitors of ARTEMEST
ARTEMEST operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Murtarelli Casa, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Operates an online platform for a wide range of home decor products.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Artemest
Frequently Asked Questions about ARTEMEST
When was ARTEMEST founded?
ARTEMEST was founded in 2015 and raised its 1st funding round 2 years after it was founded.
Where is ARTEMEST located?
ARTEMEST is headquartered in Milan, Italy. It is registered at Milan, Lombardy, Italy.
Who is the current CEO of ARTEMEST?
Marco Credendino is the current CEO of ARTEMEST. They have also founded this company.
Is ARTEMEST a funded company?
ARTEMEST is a funded company, having raised a total of $27.28M across 4 funding rounds to date. The company's 1st funding round was a Series A of $5M, raised on Jan 20, 2017.
What does ARTEMEST do?
Founded in 2015 in Milan, Italy, ARTEMEST operates an online retail platform focused on handmade decor items. The product catalog encompasses furniture, lighting, decorative pieces, and gifts. Artisan profiles are included to provide background on creators. Customization options for size, colors, and materials are accommodated based on customer specifications.
Who are the top competitors of ARTEMEST?
ARTEMEST's top competitors include Murtarelli Casa.
What products or services does ARTEMEST offer?
ARTEMEST offers Furniture, Lighting, Decor, Tabletop, and Art.
Who are ARTEMEST's investors?
ARTEMEST has 6 investors. Key investors include IRIS, OLMA Luxury Holdings, Nuo Capital, Italian Angels for Growth, and Francesco Signoretti.