Artland adds $1M in funding and a range of select Danish angel investors.
Artland, a Copenhagen, Denmark-based startup working on a marketplace for art community, announced securing $1M in a new investment round.
The backers include a range of local angel investors, such as Mikkel Hansen, Andreas Helgstrand, Shaka Loveless, Nicolas Michaelsen and Poul Oddershede. The money will be used to accelerate its business expansion and attract more users on the platform, both collectors and galleries.
Artland, founded in 2016 by brothers Jeppe Curth and Mattis Curth (CEO), developed a mobile marketplace that aims to connect art collectors, art lovers, galleries, and artists from all over the world.
The platform has 8,000 registered users, which can create profiles, upload photos of their collections and connect with like-minded art lovers and, potentially, art buyers. The business model relies on a subscription fee charged from galleries in exchange for Artland offering them a channel to reach collectors. Artland works with 75 gallery partners across the world.
In addition, Artland initiates events and activities for its community and produces physical magazines, presenting inspiring young collectors while also enabling online conversation over shared passions and sales transactions for art lovers the world over. Among its users are collectors Charles Riva, Victor Benady and Rolando Jimenez, as well as galleries such as Nils Stærk, Lyles & King and Seventeen.