Artfinder is a B Corp on a mission to create a world where art benefits everyone. Operating in the $55bn+ wall décor and online art market and backed by Wellington Partners, they have 60k customers, 6k artists & 470k artworks. GMV has doubled year-on-year, (to May '20) as online art sales take off.
Artfinder is the marketplace for affordable art. Our mission is to make art accessible, affordable and a viable career for artists. Not only this, but we are also the art world's first Certified B Corporation.
We connect artists and art lovers in 100+ countries. We help anyone own original and limited edition art from as little as £20. We're a true marketplace enabling direct contact with artists, to select or commission work and negotiate prices. We make art buying easy with monthly payments and free returns. Our customers rate us highly with 4.8+ Trustpilot and NPS over 70.
Global wall décor market, worth $51bn, is set to grow at 9% CAGR in the EU and US. Online art market is set to double to $9.3bn by 2024. With art buyers moving increasingly online our Apr+May GMV increased by 108% YoY, new customer acquisitions by 120% and AOV y 8%, driven by increased focus on quality curation. (Revenue YE 2019 of £1.5m, P&L -£363k).
Since 2013 launch we have raised £5m from Wellington Partners, Oxford Capital and angels. Since then we have grown our artist and customer numbers, improved unit economics, developed our lean and remote operation and achieved a product market fit.
In these uncertain times we are honoured to be helping even more artists to make a living. We are fundraising to supercharge our growth, grow our team and accelerate improvements in our platform.