# Invaluable

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

- Industry: Consumer Products
- Headquarters: Boston, US
- Website: www.invaluable.com
- Total disclosed funding: $34M
- Latest round: Series D (Jun 3, 2014)
- Investors on record: 3

## About

Invaluable is an online auction platform that connects buyers and sellers of fine art, antiques, and collectibles, enhancing the auction experience with advanced features and accessibility.Founded in 1989 in Boston, US, Invaluable operates as an online auction platform facilitating transactions in fine art, antiques, and collectibles. The company has received a total of USD 33.75 mn in funding, with the latest Series D round led by Insight Partners on June 3, 2014, involving returning investors Ascent Venture Partners and Commonwealth Capital Ventures. The CEO is David Krauter, and the firm was founded by Boxi Zheng.Invaluable offers a comprehensive suite of online auction services that facilitate the buying and selling of fine art, antiques, and collectibles. Their main product is an advanced auction platform that enables live bidding, detailed item descriptions, and high-resolution images, catering to both seasoned collectors and new buyers. The platform addresses challenges in auction accessibility and transparency, serving individual collectors, galleries, and institutional buyers primarily in North America, Europe, and parts of Asia.The company's revenue model is based on transaction fees from successful auctions on its platform. They operate through direct-to-consumer and business-to-business channels, where sellers pay commissions based on final sale prices and buyers may incur a buyer's premium. Pricing structures are tailored to various needs, including tiered commission rates for high-value transactions and promotional packages for significant auctions, ensuring comprehensive support for both buyers and sellers.Invaluable plans to leverage its recent USD 33.75 mn Series D funding from June 2014 to enhance its platform and improve user experience. The company is targeting expansion into additional markets, particularly in Asia, by the end of 2025. While specific new products have yet to be announced, the funding will support technological advancements and market outreach initiatives.

## Funding rounds

- Series D, Jun 3, 2014, $34M — Commonwealth Capital Ventures, Ascent Venture Partners, Insight Partners

## Investors

- Commonwealth Capital Ventures (https://capitalatlas.ai/funds/commonwealth-capital-ventures) — Series D
- Ascent Venture Partners (https://capitalatlas.ai/funds/ascent-venture-partners) — Series D
- Insight Partners (https://capitalatlas.ai/funds/insight-partners) — Series D