Online art gallery, SINGULART has raised USD60 million in a Series B fundraising round.
SINGULART was founded in 2017 with the mission to empower artists worldwide, speaking to over 10,000 artists from over 146 countries, made possible by the passion for art from more than 20,000 collectors all over the globe.
The fundraising enables SINGULART to further increase its global brand awareness, reach new collectors and transform the art market by building innovative new projects to further empower artists.
The leading investor Vitruvian Partners and the historical investors Ventech, BPI France, and Turenne Group are all major actors for the democratisation and innovation of the art market and allow SINGULART to push forward and keep creating opportunities for artists and collectors.
Nicolas Macquin, Managing Director at Vitruvian Partners, says: “In a few years, SINGULART has succeeded in developing a very intuitive digital platform connecting all art lovers to artists from all over the world. Thanks to its team of professional curators, it offers a very large choice of quality works to its clients and allows artists to find a new audience beyond their traditional networks.
“Vitruvian is very pleased to accompany the SINGULART team in this new stage of their growth in France, Europe, and worldwide.”