Danish startup Artland has closed $1M in seed investment for a social art marketplace app that targets to glue galleries consumers. It’s additionally hoping to draw newbies with an urge for food to shop for art however who don’t essentially understand how to head about studying in regards to the marketplace.
We coated the startup ultimate fall. At the time the founders instructed us it had raised a small undisclosed quantity of seed investment. It now says that previous lift was once slightly a pals, circle of relatives and fools spherical; that is the primary legitimate seed investment.
Investors backing Artland for this seed come with skilled handball participant, Mikkel Hansen; Olympic dressage champion Andreas Helgstrand; musician and songwriter Shaka Loveless; and Airhelp founders, Nicolas Michaelsen and Poul Oddershede.
The new investment will probably be used to boost up expansion of the 2016 based startup — that specialize in product refinements and including assets for scaling operations so it might probably onboard extra of its primary goal customers: Collectors and galleries.
At this level it says the Android and iOS apps have 18,000 registered customers. It additionally has 75 gallery companions the world over.
The industry type is determined by taking a subscription price from galleries in alternate for Artland providing them a channel to succeed in creditors. So rising an art-buying group will probably be key.
Users can create profiles, add pictures in their collections and hook up with different art fanatics and — with a bit of luck additionally, from the galleries’ standpoint — make a purchase order or two. Artists too can use the app to show off their paintings however all gross sales are performed by way of the gallery customers.
Artland names Charles Riva, Victor Benady and Rolando Jimenez as being a few of the collector customers of its app at this level, whilst gallery companions come with Nils Stærk, Lyles & King and Seventeen.