What is Artemest?
Founded in 2015 by Ippolita Rostagno and Marco Credendino, Artemest serves as a curated online marketplace for high-end Italian crafts and design. The platform connects international art enthusiasts and connoisseurs with the finest artisanal products in home décor and lifestyle categories. By bridging the gap between traditional craftsmanship and a global digital audience, Artemest champions Made in Italy excellence and supports a network of skilled artisans.
How much funding has Artemest raised?
Artemest has raised a total of $26.9M across 4 funding rounds:
Angel/Seed
$1.2M
Series A
$5M
Other Financing Round
$5M
Unspecified
$15.7M
Angel/Seed (2017): $1.2M with participation from Italian Angels for Growth
Series A (2018): $5M led by ScaleIT Ventures, Rancilio Cube srl, Italian Angels for Growth, Bagheera Holding, and NUO Capital
Other Financing Round (2020): $5M supported by OLMA Luxury Holdings and Brahma
Unspecified (2022): $15.7M featuring Olma Luxury Holdings and IRIS Ventures
Key Investors in Artemest
Olma Luxury Holdings
Olma Luxury Holdings is an entity involved in the luxury goods sector, participating in strategic investments to bolster brands within this high-value market.
IRIS Ventures
IRIS Ventures is a growth equity firm focused on empowering visionary brands and tech-enabled solutions that enhance health, happiness, and convenience, aligning with Artemest's mission to bring luxury crafts to a global audience.
Italian Angels for Growth
Italian Angels for Growth (IAG) is a prominent network of business angels in Italy, dedicated to investing in and supporting innovative startups, providing both capital and expertise to foster entrepreneurial success.
What's next for Artemest?
The substantial enterprise-level funding and recent strategic investment signal Artemest's readiness for a new phase of scaling. This capital infusion is likely to be directed towards expanding its product catalog, enhancing its digital infrastructure, and strengthening its international marketing efforts. The company's focus on luxury crafts positions it to capitalize on the growing demand for unique, high-quality artisanal goods, further solidifying its role as a leader in the niche e-commerce market.
See full Artemest company page