What is Singulart?
Singulart operates as a curated online platform dedicated to discovering and acquiring art from a global roster of talented contemporary artists. Established in 2017 and headquartered in British Columbia, Canada, the company aims to bridge the gap between art enthusiasts and creators, offering a diverse and accessible art market. The recent major strategic investment signals a pivotal moment for Singulart as it looks to expand its reach and enhance its service offerings in the competitive online art space.
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 Bpifrance, Ventech Solutions, Vitruvian Partners, and Turenne Group
Key Investors in Singulart
Bpifrance
Bpifrance is a French public investment bank that finances companies across all stages of development, supporting innovation and international expansion. Their involvement suggests a strategic interest in fostering growth-stage companies.
Ventech Solutions
Ventech Solutions is a healthcare IT provider, indicating a potential diversification of investment interests or a strategic partnership focus beyond their core sector.
Vitruvian Partners
Vitruvian Partners is a European private equity firm specializing in middle-market leveraged buyouts and growth capital, suggesting a focus on scaling established businesses.
What's next for Singulart?
With the backing of $60M in total capital, Singulart is poised for significant expansion and innovation. The recent major strategic investment is expected to fuel initiatives aimed at broadening its artist network, enhancing its technological infrastructure, and potentially exploring new geographic markets. This infusion of capital will likely support efforts to solidify its market leadership and provide greater value to both artists and collectors.
See full Singulart company page
