What is Bluethumb?
Bluethumb operates as a prominent online platform dedicated to the sale of original Australian art. Established in 2012, the company has cultivated a robust marketplace connecting art enthusiasts with a vast collection of over 30,000 Australian artists. Their offerings span diverse styles, including abstract, realism, and indigenous art, with thousands of artworks available for purchase, complemented by free shipping and returns. Beyond retail, Bluethumb extends its services to trade buyers and offers an art advisory service, solidifying its position as a trusted entity for both collectors and artists in facilitating the sale of original artworks.
How much funding has Bluethumb raised?
Bluethumb has raised a total of $1M across 1 funding round:
Series A
$1M
Series A (2017): $1M with participation from Grand Prix Capital and QUT Creative Enterprise Australia
Key Investors in Bluethumb
Grand Prix Capital
Grand Prix Capital is a venture capital firm based in Sydney that focuses on rapid growth, start-up, private, and microcap listed businesses, offering investment and advisory services.
QUT Creative Enterprise Australia
QUT Creative Enterprise Australia is an incubator dedicated to developing, growing, and establishing creative businesses, leveraging a strong network to assist emerging creative enterprises.
What's next for Bluethumb?
The recent major strategic investment signals a pivotal growth phase for Bluethumb. This capital infusion is expected to fuel further expansion of its platform, enhance its art services, and potentially broaden its reach within the Australian and international art markets. Strategic backing at this enterprise level suggests a focus on scaling operations, refining its technology infrastructure, and strengthening its artist network to maintain its competitive edge and capitalize on emerging opportunities in the digital art commerce landscape.
See full Bluethumb company page