Auctionata operates an online auction platform that livestreams auctions of art and luxury collectibles, enabling global bidders to tune into the hall and bid via its website or mobile app. The company auctions items across categories including contemporary and fine art, antiques, Asian art, watches, wine, vintage luxury goods and classic cars, and leverages patented real-time streaming technology. In 2015 Auctionata reported a Gross Merchandise Volume of €81m, a 165% increase versus the prior year, with around 76% of GMV generated from livestream auctions and 24% from fixed‑price sales. Nearly 80% of GMV was realized through the Berlin office, with the remainder from New York City and London; the strongest turnover categories were Watches (25%), Classic Cars (23%) and Fine Art (22%). The company sold about 16,000 items in 2015, held 249 auctions (44 broadcast live from New York), recorded more than 100,000 bids totaling €483m, and reported net commission revenue of €21m versus €6m in 2014. Auctionata operates a live-streamed auction platform for fine art, antiques and luxury collectibles, running weekly live auctions since May 2013. The company combines online streaming with an expert-driven vetting process, calling on about 300 experts across 40 countries. It maintains full offices in Berlin and New York and smaller offices in London, Zürich, Rome and Madrid. Auctionata plans to expand into new geographies and new categories, and to invest further in the technology behind its live-stream format. New auction areas it intends to add include musical instruments, memorabilia, architectural and garden pieces, diamonds and real estate, while continuing investments in watches, classic cars, wine, jewelry, design, contemporary art, fine art, antiques and Asian art. In 2014 the company reported net sales of €31.5 million and posted €12.5 million in net sales in the first quarter of 2015. Auctionata operates an online platform for art, antiques and collectibles, broadcasting live auctions in HD to computers, tablets and mobile devices and providing valuation and auction-house services. Its categories include Old Masters, modern and contemporary art, porcelain, silver, antiques, design, photography, jewelry, watches, wine, Islamic and Asian art, textiles, books and manuscripts. The company leverages a global network of 250 experts to provide free valuations and has conducted 17 online live auctions in 2014 with total net turnover of €4.6m. Auctionata reports 75,000 customers from over 100 countries and about 500,000 website visitors per month. It employs over 100 people across offices in Berlin and New York. The company intends to use the new funding to expand globally. Auctionata is a Berlin-based online fine art auction house that brings the services of a traditional auction house to the internet. It broadcasts live auctions in TV quality to computers, tablets and mobile devices. The company operates a global network of 250 experts who provide free valuations for art, antiques, collectibles and luxury vintage items. Founded one year ago by Alexander Zacke and Georg Untersalmberger, Auctionata also maintains a New York office and employs about 100 people. The company recently raised $20.2M in funding and previously secured a $2.5M round from Bright Capital Digital in 2012. Auctionata, founded in 2011, operates an online auction platform focused on antiquarian items and collectibles. It offers a patented real-time bidding system run by international experts, state-licensed auctioneers and experienced professionals. The platform enables users to bid on and sell items such as diamond rings, works of art, furniture and rare stamps. Sellers can list via weekly auctions (every Friday at 6pm CET), special themed auctions, or a sales gallery offering expert-priced fixed listings. Experts provide valuations and professional photography for auction catalogues. Financially, the company has raised $2.5M from Bright Capital Digital and is also backed by e.ventures and Holtzbrinck Ventures; the company is currently hiring.

Total raised

$98M

Funding rounds

5

Latest round

Series C

Latest activity

Mar 2015