About Artspace
Artspace is a company based in New York (United States) founded in 2011 was acquired by Phaidon in August 2014. It operates as a Two-Sided Marketplace, and Commission-Based. Artspace has raised $12.2 million across 3 funding rounds from investors including Canaan, Felicis Ventures and Accelerator Ventures. The company has 29 employees as of December 31, 2021. Artspace offers products and services including Limited Edition Prints, Exclusive Editions, and Artist-Designed Homeware. Artspace operates in a competitive market with competitors including Art.com, LiveArt, Saatchi Art, ArtLifting and Roots Studio, among others.
- Headquarter New York, United States
- Employees 29 as on 31 Dec, 2021
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Sectors
Media & Entertainment
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Artspace Llc
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Products & Services of Artspace
Artspace offers a comprehensive portfolio of products and services, including Limited Edition Prints, Exclusive Editions, and Artist-Designed Homeware. 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.
Limited edition prints are offered for collectors worldwide.
Exclusive art editions are curated for unique collections.
Homeware and accessories are designed by renowned artists.
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Funding Insights of Artspace
Artspace has successfully raised a total of $12.2M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $8.5 million completed in February 2013. 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 3
- Last Round Series B — $8.5M
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First Round
First Round
(29 Mar 2011)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2013 | Amount | Series B - Artspace | Valuation |
investors |
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| Jan, 2012 | Amount | Series A - Artspace | Valuation |
investors |
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| Mar, 2011 | Amount | Angel Round - Artspace | Valuation |
investors |
| 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 Artspace
Artspace has secured backing from 10 investors, including venture fund and angel investors. Prominent investors backing the company include Canaan, Felicis Ventures and Accelerator Ventures. 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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Canaan is recognized as an early-stage venture capital firm.
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Founded Year | Domain | Location | |
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Investments in technology startups are made by Felicis Ventures.
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Founded Year | Domain | Location | |
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Early-stage US tech startups are funded by Accelerator Ventures.
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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 Artspace
| 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 - Artspace
| 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 |
Artspace Comparisons
Competitors of Artspace
Artspace 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 Art.com, LiveArt, Saatchi Art, ArtLifting and Roots Studio, 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 |
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| domain | founded_year | HQ Location |
Curated art prints and home decor are sold online.
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| domain | founded_year | HQ Location |
Online marketplace offering multi-category art products
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| domain | founded_year | HQ Location |
Online Art Gallery
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| domain | founded_year | HQ Location |
Multi-category art products are sold via an online marketplace.
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| domain | founded_year | HQ Location |
Art distribution services are provided to rural artists worldwide.
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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 Artspace
Frequently Asked Questions about Artspace
When was Artspace founded?
Artspace was founded in 2011.
Where is Artspace located?
Artspace is headquartered in New York, United States. It is registered at New York, New York, United States.
Is Artspace a funded company?
Artspace is a funded company, having raised a total of $12.2M across 3 funding rounds to date. The company's 1st funding round was a Angel Round of $1.2M, raised on Mar 29, 2011.
How many employees does Artspace have?
As of Dec 31, 2021, the latest employee count at Artspace is 29.
What does Artspace do?
Artspace is established as a premier online platform for contemporary art, connecting collectors with works from renowned artists, galleries, and cultural institutions. The company operates within the art retail sector, offering limited edition prints, exclusive editions, and artist-designed homeware. Solutions are provided through curated collections and direct artist programs, ensuring access to authentic and unique artworks globally. Support for creative culture is emphasized through partnerships with museums and non-profits.
Who are the top competitors of Artspace?
Artspace's top competitors include Saatchi Art, LiveArt and Art.com.
What products or services does Artspace offer?
Artspace offers Limited Edition Prints, Exclusive Editions, and Artist-Designed Homeware.
Who are Artspace's investors?
Artspace has 10 investors. Key investors include Canaan, Felicis Ventures, Accelerator Ventures, Blue Equity, and Compound.
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