# Artory

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

- Industry: Internet
- Headquarters: New York, US
- Website: www.artory.com
- Total disclosed funding: $7.3M
- Latest round: Series A (Apr 22, 2019)
- Investors on record: 4

## About

Artory Inc. is a technology-driven company that integrates the traditional art market with digital finance through blockchain solutions, enhancing liquidity and investment opportunities in the art world.Founded in 2016 in New York, US, Artory Inc. focuses on bridging the gap between the art market and digital finance. The company, led by Nanne Dekking, has raised a total of USD 4.5 mn, with the most recent funding round occurring in September 2021, led by Borderless Capital and Blockchain Valley Ventures.Artory specializes in connecting the traditional art market with the digital financial ecosystem by leveraging advanced technology, art expertise, and blockchain solutions. Its primary offerings include a comprehensive artwork transaction database, digital certification for artworks, and tokenization services aimed at enhancing liquidity and investment opportunities for collectors, investors, and asset managers. Collaborating with leading art institutions, Artory ensures high standards of due diligence and data accuracy, primarily serving established art markets such as New York, Berlin, and London.Artory generates revenue through partnerships with art institutions and auction houses, offering tokenization services for physical artworks. Clients access its digital certification and artwork transaction database through subscription models, which provide ongoing data insights and valuation reports. The company also earns transaction-based fees related to artwork tokenization and collaborates with organizations like Winston Art Group to improve its service offerings in art appraisal and advisory, ensuring compliance with regulatory frameworks for both institutional and individual clients.Following the recent funding of USD 4.5 mn in September 2021, Artory plans to develop new products aimed at expanding its service portfolio. The company is also targeting growth into new markets, focusing on regions where demand for innovative financial products in the art sector is rising. Specific target markets will be identified and developed as part of the company's strategic growth initiatives.

## Funding rounds

- Series A, Apr 22, 2019, $7.3M — Spotify AB, 2020 Ventures, 1stdibs.com, Inc., Hasso Plattner Capital

## Investors

- Spotify AB — Series A
- 2020 Ventures (https://capitalatlas.ai/funds/2020-ventures) — Series A
- 1stdibs.com, Inc. — Series A
- Hasso Plattner Capital — Series A