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Artsy Stock (ARTS)
Online Art Marketplace
Artsy is a global platform for collecting and discovering art. The Artsy platform gives users the ability to search art, add it to their personal collection, make bids on live art auctions, and purchase art directly on the platform from galleries and private collectors. Artsy's platform is built on a classification system named the Art Genome Project that categorizes artwork using over 1,000 characteristics including historical movement, subject matter, and formal qualities. Artsy also hosts Artsy partners with international galleries, auction houses, art fairs, and museums to create an online art marketplace. With 3,000+ partners across 100+ countries, Artsy aims to empower a global audience to learn about, discover, and collect art. Artsy’s investors include Larry Gagosian, owner of Gagosian Gallery; Wendi Murdoch, collector and film producer; Jack Dorsey, Thrive Capital, and Avenir Growth Capital. Launched in 2012, Artsy is headquartered in New York City with offices in London...
About Artsy Stock
Founded
2009
Headquarters
New York, NY, US
Total Funding
108M
Industries
Media and Entertainment, Commerce and Shopping, Content and Publishing
Artsy is a global platform for collecting and discovering art. The Artsy platform gives users the ability to search for art, add it to their personal collection, make bids on live art auctions, and purchase art directly on the platform from galleries and private collectors. Artsy's platform is built on a classification system named the Art Genome Project that categorizes artwork using over 1,000 characteristics including historical movement, subject matter, and formal qualities. Artsy also hosts Artsy partners with international galleries, auction houses, art fairs, and museums to create an online art marketplace. Artsy aims to empower a global audience to learn about, discover, and collect art.
Artsy’s investors include Larry Gagosian, owner of Gagosian Gallery; Wendi Murdoch, collector and film producer; Jack Dorsey, Thrive Capital, and Avenir Growth Capital. Launched in 2012, Artsy is headquartered in New York City with offices in London, Berlin, Hong Kong, and Los Angeles.
Artsy Press Mentions
Stay in the know about the latest news on Artsy
Artsy layoffs: Earlier this morning, online art brokerage Artsy laid off all 15 employees on the secondary-market sales team.
puck • Feb 10, 2025
I won SEVERAL lots and my credit card was cleared on Dec 23rd. Unfortunately, nobody contacted me regarding delivery; in short, they took my money WITHOUT delivering the goods.
trustpilot • Feb 10, 2025
Artsy Decided to Dismiss 35 Employees
thecollector • Feb 10, 2025
Starting to think it's not even a real site. I have an authentic jeff koons sculpture that i tried to list twice on their site. Once a month ago and once two weeks ago.
trustpilot • Jan 21, 2025
After paying over $400 per month and not seeing any movement or interest I wrote to my advisor to cancel me (since they will t let you do it electronically) they did not cancel only keep charging me.
trustpilot • Jan 21, 2025
Investors in Artsy
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Artsy Management
Leadership team at Artsy
Chief Executive Officer
Mike Steib
EVP Product & Engineering
Samuel Rozenburg
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Artsy Key Facts
• Artsy integrates advanced technologies such as artificial intelligence and machine learning to enhance user experience, personalized recommendations, and predictive analytics. These innovations differentiate Artsy from traditional art market players and foster engagement among users.
• Artsy's digital-first approach facilitates global reach and scalability, enabling access to a diverse range of artworks and audiences beyond traditional geographic boundaries. This international presence enhances Artsy's market penetration and revenue diversification.
• With increasing digital adoption in art transactions and growing investor interest in art as an asset class, Artsy is well-positioned to capitalize on market trends and monetize its platform through transaction fees, partnerships, and premium services. Artsy's expansion into online art sales and digital auctions has driven revenue growth, attracting new collectors and enhancing liquidity in the art market.
• Artsy operates in a highly competitive and fragmented art market, facing competition from established players like traditional auction houses (e.g., Sotheby's, Christie's) and other online art platforms. The competitive landscape poses challenges for Artsy to differentiate its platform, attract exclusive artworks, and retain market share.
• Artsy's revenue is sensitive to fluctuations in the global art market, which is cyclical and influenced by economic conditions, consumer sentiment, and geopolitical factors. Economic downturns or declines in art market activity could lead to reduced transaction volumes, lower sales commissions, and decreased revenue for Artsy.
• Legal challenges regarding the authenticity of artworks sold on Artsy's platform could result in litigation costs and reputational damage, affecting investor confidence and user trust.
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