What is Singulart?
Founded in 2017 and headquartered in British Columbia, Canada, Singulart operates as a digital marketplace connecting art enthusiasts with a curated selection of works from talented contemporary artists worldwide. The platform aims to democratize art acquisition by providing a seamless online experience, facilitating discovery, and enabling direct engagement between collectors and artists. This focus on accessibility and artist support positions Singulart as a key player in the evolving art industry landscape.
How much funding has Singulart raised?
Singulart has raised a total of $60M across 1 funding round:
Series B
$60M
Series B (2021): $60M with participation from Turenne Group, Vitruvian Partners, Bpifrance, and Ventech Solutions
Key Investors in Singulart
Vitruvian Partners
Vitruvian Partners is a European private equity firm focusing on leveraged buyout and growth capital investments in middle-market companies. Vitruvian invests throughout the UK and Europe and recently in China and India. The firm has offices in London, Munich, Madrid, Stockholm, Shanghai, San Francisco and Luxembourg. The firm was founded by former partners of Apax Partners, BC Partners and Bridgepoint Capital.
Bpifrance
Founded in 2012, based out of France, Bpifrance finances companies - at each stage of their development - with credit, guarantees and equity. Bpifrance supports them in their innovation projects and internationally. Bpifrance also ensures their export activity through a wide range of products. Consulting, university, networking and an acceleration program for startups, SMEs and mid-cap companies are also part of the offer for entrepreneurs.
Ventech Solutions
Ventech Solutions is a healthcare solutions provider with expertise in end-to-end information technology life cycles and data solutions and is headquartered in Columbus, Ohio
What's next for Singulart?
The recent enterprise-level funding and strategic investment indicate Singulart is poised for accelerated expansion. This capital is likely to be deployed towards enhancing its technological infrastructure, broadening its artist network, and expanding its global market reach. Further development of its e-commerce capabilities and marketing initiatives can be anticipated as the company leverages this financial backing to solidify its position and explore new avenues for growth within the digital art sector.
See full Singulart company page