Peggy

Peggy

AI-powered social marketplace for art

About

Peggy is a social marketplace for contemporary art, leveraging AI and ML technologies to ensure buyer and seller protection, and enabling artists to earn royalties for future secondary sales.

Company Stage

Seed

Employees

11-50

Industries

Design, Consumer Goods, Entertainment

Total Funding

$13.1M

Headquarters

Toronto, Canada

Founded

2020


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Simplify's Take

What believers are saying

  • NFT integration in art sales enhances digital ownership and provenance tracking.
  • Fractional ownership in art aligns with Peggy's mission to democratize art investment.
  • AI-driven art valuation tools provide accurate pricing and investment insights.

What critics are saying

  • Emerging competition from digital art platforms like SuperRare and Foundation.
  • Potential backlash from traditional collectors against AI-based authentication.
  • Volatility in cryptocurrency markets could impact digital art investment value.

What makes Peggy unique

  • Peggy offers a secure marketplace for investment-grade art with AI-driven authentication.
  • The platform ensures artist royalties on secondary sales, supporting fair compensation.
  • Peggy democratizes art investment, making it accessible to a broader audience.

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Growth & Insights
Headcount

6 month growth

-2%

1 year growth

10%

2 year growth

70%

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