# Asynchronous Art

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/asynchronous-art

- Industry: Internet
- Headquarters: San Francisco, US
- Website: www.async.art
- Total disclosed funding: $2M
- Latest round: Seed (Feb 15, 2021)
- Investors on record: 10

## About

Asynchronous Art, Inc. is a US-based company focused on creating and distributing digital art and NFTs, allowing artists to tokenize their works for sale on the blockchain.Founded in 2020 and headquartered in San Francisco, US, Asynchronous Art, Inc. innovates in the digital art space by enabling artists to tokenize their creations. The company was co-founded by Conlan Rios, who has a background in digital technology. In February 2021, the firm successfully raised USD 2 mn in Seed funding led by Lemniscap, with participation from investors including Blue Wire Capital and The LAO. This funding marks the only known deal for the company to date.Async.art specializes in the creation and distribution of digital art and non-fungible tokens (NFTs), enabling artists to tokenize their work and sell it on the blockchain. The core product offerings include a platform that facilitates the minting, trading, and showcasing of unique digital art pieces, providing artists with a new revenue stream while ensuring provenance and ownership. By leveraging blockchain technology, Async.art addresses the challenges of authenticity and copyright in the digital art space, appealing to a diverse clientele, including independent artists, collectors, and investors. The company primarily serves markets in North America, Europe, and Asia, where there is a growing demand for innovative digital experiences and investment opportunities in art.Revenue generation for Async.art is primarily derived from transaction fees on sales of minted NFTs and subscription services for enhanced platform features. The company's transaction structure facilitates direct business-to-consumer interactions, where artists and collectors engage in the buying and selling of digital art pieces. Each completed transaction incurs a fee, which serves as a revenue stream for the platform. Furthermore, Async.art may offer tiered subscription plans that provide users with varying levels of access and functionality, catering to both casual creators and professional artists looking for advanced tools and analytics. Specific pricing plans for these services are designed to reflect the value proposition of the platform, supporting artists in their endeavors while enhancing user experience within the digital marketplace.In February 2021, Asynchronous Art, Inc. raised USD 2 mn in Seed funding, which will be utilized to onboard more users, develop additional display methods for Async artworks, and expand by hiring platform developers and community managers. The company is looking to enhance its platform capabilities and increase its user base in North America, Europe, and Asia by the end of 2022.

## Funding rounds

- Seed, Feb 15, 2021, $2M — Collaborative Fund, Blue Wire Capital, Inflection Ventures, Placeholder, Galaxy Asset Management, Semantic Ventures, Signum Capital, Lemniscap, Divergence Ventures, The LAO

## Investors

- Collaborative Fund (https://capitalatlas.ai/funds/collaborative-fund) — Seed
- Blue Wire Capital (https://capitalatlas.ai/funds/blue-wire-capital) — Seed
- Inflection Ventures — Seed
- Placeholder (https://capitalatlas.ai/funds/placeholder) — Seed
- Galaxy Asset Management (https://capitalatlas.ai/funds/galaxy-asset-management) — Seed
- Semantic Ventures (https://capitalatlas.ai/funds/semantic-ventures) — Seed
- Signum Capital (https://capitalatlas.ai/funds/signum-capital) — Seed
- Lemniscap — Seed
- Divergence Ventures (https://capitalatlas.ai/funds/divergence-ventures) — Seed
- The LAO (https://capitalatlas.ai/funds/the-lao) — Seed