# Mythic Markets

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/mythic-markets

- Industry: Financial Services
- Headquarters: San Rafael, US
- Website: www.mythicmarkets.com
- Total disclosed funding: $2M
- Latest round: Seed (Aug 21, 2019)
- Investors on record: 3

## About

Mythic Markets, Inc. is a company focused on fractional ownership of collectibles, enabling investors to diversify their portfolios through unique assets. They provide a platform for buying and trading shares in collectible items.Mythic Markets, Inc. was founded in 2017 and is headquartered in San Rafael, US. The company specializes in the fractional ownership of collectibles. The founder, Debra Lin, has a history of fostering innovative business models. In August 2019, Mythic Markets raised USD 2 million in Seed funding, led by Slow Ventures and included other investors such as Global Founders Capital and Third Kind Venture Capital. The total amount raised by the company is USD 2 million from this funding round.Mythic Markets provides a platform designed for the fractional investment in collectibles, allowing users to purchase shares in valuable items. The platform caters to investors interested in diversifying their portfolios with unique assets, focusing on collectibles that range from sports memorabilia to rare comic books. The company aims to connect collectors and investors, providing an accessible way for individuals to engage in the collectible market.Mythic Markets generates revenue through transaction fees associated with the buying and selling of shares in collectibles. The platform operates on a model that charges users a percentage of the value of each transaction, thereby aligning its success with user engagement in the marketplace. This model allows for a scalable revenue stream as the market for collectible investments grows.Following the Seed funding round in August 2019, Mythic Markets aims to enhance its platform by introducing new features and expanding its collection offerings. The company is exploring entry into additional markets, specifically targeting collectors in Europe and Asia by the end of 2023. The USD 2 million raised will be utilized to refine the platform's user experience and expand marketing efforts to attract a broader user base, ultimately facilitating the growth of transactions on their platform.

## Funding rounds

- Seed, Aug 21, 2019, $2M — Slow, Global Founders Capital, Third Kind Venture Capital

## Investors

- Slow (https://capitalatlas.ai/funds/slow) — Seed
- Global Founders Capital (https://capitalatlas.ai/funds/global-founders-capital) — Seed
- Third Kind Venture Capital (https://capitalatlas.ai/funds/third-kind-venture-capital) — Seed
