Artspace.com Raises $8.5 Million of Seed Funding
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New York, New York – Artspace.com, aan ecommerce platform that acts as an online marketplace for high-end art has raised $8.5 million in seed funding from Canaan Partners.
“Paying that huge sum without seeing the art can be scary for some people, but we’ve seen in the last ten years that there is an explosion of sales being made by simply sending jpgs,” said Catherine Levene. “We’re building a more efficient platform from an existing practice, facilitating engagement for the gallery directly to the collector.”
The new funding will be used on the company’s big plans of expanding its services and market reach.
Funding Total: $8,500,000
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|Investors: Canaan Partners|