202211 Oct

ARTA Secures $11 Million to Transform the Post-Purchase Experience for High-End Goods and Collectibles

Summary

ARTA alleviates this burden by bringing together disparate parts of the fulfillment process, including quoting, shipping, insurance, and tracking, to deliver a frictionless, integrated experience that serves buyers and sellers alike.ARTA helps businesses accelerate ecommerce for high-value goods like priceless paintings, vintage furniture, and rare baseball cards, seamlessly automating every step of the fulfillment process. Well-known auction houses including Sothebys and Bonhams, marketplaces like Artsy, high-end home decor companies like The Expert and Outer, and Joopiter, a digital-first auction house founded by Pharrell Williams, all partner with ARTA to drive sales and improve customer satisfaction.Through our partnership with ARTA, Artsy now not only transacts hundreds of thousands of artworks from thousands of galleries around the globe, we handle all the shipping and customer service to the delight of our collectors, noted Samuel Rozenberg, Chief Product & Technology Officer at Artsy.A great ecommerce experience requires efficient transaction fulfillment for both buyers and sellers. As the only platform that pairs fulfillment technology with end-to-end global services, ARTA is designed to help merchants, marketplaces, and auction houses accelerate ecommerce by automating everything from shipping to tracking and insurance. Businesses like Sothebys, Bonhams, Outer, The Expert, and Joopiter partner with ARTA to drive revenue, reduce operational costs, and improve customer experiences. With a rare blend of investing experience and operating expertise, Corazon Capital provides unusually pragmatic, actionable counsel to the entrepreneurs it supports.

Source: Prweb

Funding

$11M
Amount
Oct 11 2022
Date
-
Investor

Classifications

Companies