Verisart builds a blockchain-based certification and provenance platform for fine art, limited editions and collectibles. The company provides digital certification services and was the first blockchain certification provider on Shopify. It has worked with prominent artists including Ai Weiwei and Shepard Fairey and won the “Hottest Blockchain DApp” award at The Europas in 2018. Verisart plans to expand its commercial authentication platform, ramp up partnership integrations, and launch a suite of premium services aimed at artists, galleries and collectors. The company recently appointed Paul Duncan, formerly the founding CTO of Borro, to lead the engineering team. Founded in 2015, Verisart spent several years perfecting its model and building partnerships before taking outside capital. Verisart builds a worldwide, blockchain-backed ledger that couples museum-standard metadata with cryptographic tokens to provide digital provenance for physical artworks and collectibles. Its platform enables artists and collectors to certify, document and verify works online and in real time. The company plans to launch a mobile app in the next few months for artists and to follow with an API for online sellers. Verisart will always be free for artists and is designed to help them manage their works and collector databases long term. Founder Robert Norton says the cryptographic token can address privacy and security concerns by masking buyer and seller identities, potentially benefiting artists, collectors, appraisers and insurers. The team includes co-founder and CTO Daniel Riley and has added Bitcoin developer Peter Todd as a board advisor.

Total raised

$3M

Funding rounds

2

Latest round

Seed

Latest activity

Oct 2019