# ArtBinder

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/artbinder

- Industry: Internet
- Headquarters: New York, US
- Website: artbinder.com
- Total disclosed funding: $3.2M
- Latest round: Series A (Jul 1, 2014)
- Investors on record: 1

## About

ArtBinder Inc. is a technology company providing a comprehensive inventory management and sales solution for galleries, artists, collectors, and designers, facilitating the management, showcasing, and selling of artwork.Founded in 2010 in New York, US, ArtBinder Inc. offers a mobile and desktop application designed for the art industry. The company has undergone no significant pivots in its strategy. Alexandra Chemla serves as both the CEO and the Founder, bringing her expertise from previous ventures in the tech sector. ArtBinder has secured a total funding of USD 3.17 mn through a SERIES A round led by Index Ventures in July 2014.ArtBinder's primary offering is a comprehensive inventory management and sales solution tailored for galleries, artists, collectors, and designers. Launched in 2010, this pioneering mobile and desktop application facilitates the management, showcasing, and selling of artwork, with an emphasis on ease of use and customization. The core functionality of ArtBinder includes cloud-based inventory management that syncs data across devices, enabling users to efficiently collaborate with clients and colleagues regardless of their location. The platform is utilized by thousands of art professionals in over 40 countries, including established galleries and independent artists, supporting them at each stage of the sales cycle. The flexibility of the platform allows users to personalize built-in tools according to their unique needs, thereby streamlining their workflows and enhancing operational efficiency.ArtBinder operates on a subscription-based revenue model for its cloud-based services, offering various pricing tiers for clients, including art galleries and individual artists. Clients subscribe to access the platform's inventory management tools, with the flagship product, ArtBinder Premium, central to its business model. This model ensures a consistent revenue stream while allowing users to benefit from regular updates and enhancements to the platform.ArtBinder plans to leverage its recent funding of USD 3.17 mn raised in July 2014 to expand its offerings and reach new markets. The company is developing new features aimed at enhancing user experience, with plans for a product launch in the next year. Additionally, ArtBinder seeks to expand its market presence in Europe and Asia by 2025, capitalizing on its existing user base and the growing demand for digital solutions in the art sector.

## Funding rounds

- Series A, Jul 1, 2014, $3.2M — Index Ventures

## Investors

- Index Ventures (https://capitalatlas.ai/funds/index-ventures) — Series A