# Peggy

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

- Industry: Internet
- Headquarters: Toronto, Canada
- Website: www.peggy.com
- Total disclosed funding: $8M
- Latest round: Seed (Dec 1, 2022)
- Investors on record: 5

## About

Based in Canada and founded in 2020 by its CEO Craig Follett and CTO Adam Meghji, Peggy Inc. provides a marketplace for buying and selling investment-grade art, an appreciating asset classes. In February 2023, Peggy raised CAD 10.8 million in venture funding co-led by Garage Capital, Nomad Capital, Portag3 Ventures and Real Ventures, with participation from individual investors. As of February 2023, the company had collaborated with over 30 contemporary art galleries to showcase artists who are pushing the boundaries of contemporary art and has a team of team of 16 people over 4 continents.

Peggy Inc. offers mobile application available on iOS and Android devices thta provides access to sought-after art, while paying royalties to artists that are automatically sent to artists and galleries when an artwork is sold on the secondary market using patent-pending digital fingerprinting technology. The application allows to discover, buy, and sell art as well as follow artists, galleries, and other collectors to stay up to date with the art.

The company plans to use the venture funding to accelerate growth and expand its operations.

## Funding rounds

- Seed, Dec 1, 2022, $8M — Real Ventures, Z Venture Capital, Portage Ventures, Garage Capital, Nomad Capital

## Investors

- Real Ventures — Seed
- Z Venture Capital (https://capitalatlas.ai/funds/z-venture-capital) — Seed
- Portage Ventures (https://capitalatlas.ai/funds/portage-ventures) — Seed
- Garage Capital (https://capitalatlas.ai/funds/garage-capital) — Seed
- Nomad Capital — Seed