Artsy

Artsy

Digital platform connecting art collectors and galleries

About Artsy

Simplify's Rating
Why Artsy is rated
B+
Rated B on Competitive Edge
Rated A on Growth Potential
Rated B on Differentiation

Industries

Consulting

Consumer Goods

Company Size

501-1,000

Company Stage

Series D

Total Funding

$100.7M

Headquarters

New York City, New York

Founded

2009

Overview

Artsy connects art collectors with galleries, artists, and art fairs through its digital platform. It provides tools and resources that help art businesses enhance their online presence and increase sales. Artsy's services include brand building, marketing strategies, sales optimization, and collector relations, which are designed to assist clients in navigating the art market. The platform generates revenue through subscription fees from galleries and artists, as well as commissions on sales made through its site. Artsy also offers webinars and expert discussions to provide valuable insights to its users. The goal of Artsy is to support art businesses in growing their reach and engaging with a wider audience in the digital space.

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Simplify's Take

What believers are saying

  • Recent $32.8M funding boosts potential for growth and platform enhancements.
  • Collaborations with major art fairs expand Artsy's visibility and credibility globally.
  • Appointment of Dustyn Kim as president highlights commitment to diversity and inclusion.

What critics are saying

  • Increased competition from platforms like Artland and Singulart may dilute market share.
  • Pressure from investors for rapid growth could lead to strategic missteps.
  • Focus on specific campaigns may not resonate with all segments of Artsy's audience.

What makes Artsy unique

  • Artsy is the world's largest online art marketplace with over 1 million artworks.
  • The platform connects collectors with 4000+ galleries and top auction houses globally.
  • Artsy offers comprehensive digital marketing tools for art businesses to enhance online presence.

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Funding

Total Funding

$100.7M

Below

Industry Average

Funded Over

6 Rounds

Notable Investors:
Series D funding is typically for companies that are already well-established but need more funding to continue their growth. This round is often used to stabilize the company or prepare for an IPO.
Series D Funding Comparison
Below Average

Industry standards

$77M
$50M
Artsy
$70M
Twilio
$80M
Handshake
$100M
Affirm

Growth & Insights and Company News

Headcount

6 month growth

1%

1 year growth

3%

2 year growth

1%
AlleyWatch
May 6th, 2025
The AlleyWatch Startup Daily Funding Report: 5/6/2025

Artsy, the online art marketplace, has raised $32.8M in funding according to a recent SEC filing.

Art Plugged
Mar 27th, 2025
Artsy Unveils 'Women on the Pulse,' a Monthlong Tribute to Women in the Arts

To mark Women's History Month, Artsy, the world's largest online marketplace for discovering and buying art, has launched Women on the Pulse - a month-long campaign dedicated to spotlighting the women driving the art world forward today.

PR Newswire
Dec 27th, 2024
Parody On $6.2M Banana Art Grabs Attention At Las Vegas Gallery

'The Six Million Dollar Man with Banana' by Mr. Hide Draws CrowdsAt Animazing Gallery at The Venetian Resort Las VegasLAS VEGAS, Dec. 27, 2024 /PRNewswire/ -- A month after comedian Maurizio Cattelan's banana duct taped to a wall sold to a crypto entrepreneur for $6.2 million, people are still talking… and having a laugh

ARTnews
Jul 8th, 2024
Dustyn Kim Becomes Artsy's First-Ever Female President

Dustyn Kim becomes Artsy's first-ever female president.

Cision
Apr 10th, 2024
Chiquita Celebrates Chiquita Day In A Very Ap-Peel-Ing Way

Chiquita Celebrates Chiquita Day In a Very Ap-peel-ing Way

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