# Rise Art

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

- Industry: Internet
- Headquarters: London, UK
- Website: www.riseart.com/
- Total disclosed funding: $2.1M
- Latest round: Angel (May 22, 2016)
- Investors on record: 2

## About

Rise Art Limited is an online art platform that specializes in the sale of original and limited-edition artworks, providing a unique space for art lovers to discover and acquire diverse creations from various mediums.Rise Art operates as an online marketplace for fine art, connecting collectors with emerging and established artists. The company was co-founded by Marcos Steverlynck and Scott Phillips. Based in London, UK, Rise Art received GBP 690,700 in funding in July 2018 from investors QVentures and Crowdcube, raising the total amount to GBP 690,700 with a post-money valuation of GBP 9.76 million.Rise Art specializes in the online sale of fine art, providing a platform for discovering and acquiring original and limited-edition artworks across various mediums, including paintings, prints, photography, sculpture, and drawing. The company offers bespoke curatorial services, tailored consultations, and logistical support to enhance the art purchasing experience for collectors and enthusiasts alike. By collaborating with both emerging and established artists, Rise Art ensures a diverse selection of artworks that cater to different tastes and aesthetics. The primary customer base includes art collectors, interior designers, and individuals looking to enhance their living or working spaces with contemporary art. The company operates in key geographical markets including the United Kingdom and the United States, providing international shipping options to facilitate global access to its curated collections.Rise Art generates revenue through direct sales transactions with individual customers, offering a seamless online purchasing experience. The company employs a straightforward transaction structure, allowing customers to browse and select artworks directly from its website, with options for framing and shipping included in the purchase process. In addition, Rise Art offers a complimentary art advisory service, enhancing customer engagement and potentially increasing sales through personalized recommendations. The platform features a curated selection that accommodates a range of budgets, contributing to a dynamic sales environment that appeals to both seasoned collectors and new buyers alike. The company’s revenue is driven by the sale of unique and original artworks, reinforcing its position as a distinguished player in the online art marketplace.Following the recent funding round in July 2018, Rise Art Limited plans to utilize the raised GBP 690,700 to enhance its platform and expand its offerings. The company aims to introduce new products and features that will improve user experience, although specific details on upcoming launches have not been disclosed. Additionally, Rise Art is targeting expansion into new geographic markets, particularly within Europe and North America, to broaden its customer base by the end of 2020.

## Funding rounds

- Angel, May 22, 2016, $1.5M — QVentures
- Seed, Jan 11, 2016, $0.7M — Crowdcube

## Investors

- Crowdcube (https://capitalatlas.ai/funds/crowdcube) — Seed
- QVentures (https://capitalatlas.ai/funds/qventures) — Angel