About Artfare
Artfare is a Media & Entertainment company based in New York (United States) founded in 2017 by Daniela Holban and Joonas Makkonen. Multi-category art products are sold via an online marketplace. Artfare has raised $100 thousand across 1 funding round from investors including Gener8tor. Its focus areas include Retail, Art E-Commerce, Multi Category and Marketplace. Its competitors include Artsy, Artspace and Art.com; 3 of its 3 listed competitors have raised funding.
Company details
Artfare was established in 2017 in New York, United States, as an online marketplace focused on art products. Categories such as paintings, posters, and digital arts are featured in its catalog. Operations are conducted digitally, allowing access to diverse art items for buyers worldwide. The platform is led by co-founder Daniela Holban and founder Joonas Makkonen, serving the art retail sector.
- Headquarters New York, United States
- Founders Daniela Holban, Joonas Makkonen
- SectorsMedia & Entertainment
- Email••••••••
- Website artfare.com
- Social LinkedIn Facebook
- Total Equity Funding$100K (USD)
in 1 rounds
- Latest Funding Round$100K (USD), Seed
Jun 2022
- Investors
Funding Insights of Artfare
Artfare has successfully raised a total of $100K through 1 strategic funding round. The most recent funding activity was a Seed round of $100 thousand completed in June 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 $100,000
- Total Rounds 1
- Last Round Seed — $100,000
- First Round $100,000
(Jun 2022)
- Investors Count 1
All 1 funding rounds of Artfare with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2022 | $100,000 | Seed | – | Gener8tor | – |
1 investors in total: 1 institutional.
Investors in Artfare
Artfare has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Gener8tor.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Startups are accelerated via a 12-week program with funding support. | 2012 | gener8tor.com | Madison, United States |
Investor details for Artfare
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Artfare
2 people are tracked at Artfare (2 in leadership).
| Name | Role | Group |
|---|---|---|
Daniela Holban | Co-Founder | Leadership |
Joonas Makkonen | Founder | Leadership |
Complete people profiles for Artfare
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Artfare
2 dated milestones of Artfare across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Artfare is founded.
- Funding First funding round of $100K.
Competitors of Artfare
Artfare has 3 listed competitors in our database, 3 of them funded. They include Artsy, Artspace and Art.com.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| artsy.net | 2009 | New York, United States | $139.36M | 142 | Curated art marketplace facilitated via online auctions. | |
| artspace.com | 2011 | New York, United States | $12.2M | 29 | Multi-category art products are offered via an online marketplace. | |
| art.com | 1998 | Emeryville, United States | $54.94M | Curated art prints and home decor are sold online. |
Detailed competitors of Artfare
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Art Market & Retail
3 companies that operate in the same segment as Artfare (Art Market & Retail) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Internet first brand offering pillows | 2007 | San Francisco, California, United States | USD 292.5 M | 333 | ||
Digital art streaming services are provided by Loupe Art. | 2015 | Atlanta, Georgia, United States | USD 7.96 M | |||
Blockchain-based digital art is traded via an online marketplace. | 2019 | Wilmington, Delaware, United States | USD 15.95 M |
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Frequently Asked Questions about Artfare
Artfare was founded in 2017 and raised its 1st funding round 5 years after it was founded.
Artfare is headquartered in New York, United States. It is registered at New York, New York, United States.
Artfare is a funded company, having raised a total of $100K across 1 funding round to date. The company's 1st funding round was a Seed of $100K, raised on Jun 2022.
Artfare was established in 2017 in New York, United States, as an online marketplace focused on art products. Categories such as paintings, posters, and digital arts are featured in its catalog. Operations are conducted digitally, allowing access to diverse art items for buyers worldwide. The platform is led by co-founder Daniela Holban and founder Joonas Makkonen, serving the art retail sector.
Artfare has 1 investor. Key investors include Gener8tor.