LONDON.- The respected annual art market analysis by insurance giant Hiscox says that
Barnebys, the Swedish owned art market aggregator, is the fastest rising online sales platform in the art market.
Barnebys, the worlds fastest growing and largest art auction search engine, allows you to browse 2,000 auction house sites on its user-friendly website. Its one-stop-shopping at its best with one million objects listed each day. Whatever you are looking for in the fields of art, antiques and collectables, Barnebys offers you information immediately about who is selling what, where and for how much.
The Hiscox Report 2017 shows that when it comes to the platforms and search sites used by respondents in the survey, several of the largest platforms have lost ground significantly from the previous year while Barnebys is ranked as the fastest growing player in the industry.
Pontus Silfverstolpe, one of Barnebys founders, says: We are delighted to see that the Hiscox Report 2017 identifies us as the art market player with the fastest growth over the last year. If one trawls the worlds finest auction houses for art you are looking for it can take forever. At Barnebys its made easy for you. We list a million items daily on our website and finding what you are seeking is one click away. This is why the new generation of art buyers use us, because time is precious. This strengthens the trend we see. Transparency increases the desire to buy, and that market access and brand trust are the key drivers for attracting new customers.
Christopher Barnekow, co-founder and CEO of Barnebys, says: Our vision is that everyone who currently only thinks of shopping for art at retail outlets now also considers our extraordinary inventory of unique items on our system from 2,000 auction houses and art dealers which offers an easy way to buy, that is affordable and delivered to your home in the kind of swift process consumers now expect. Barnebys is changing a 300 year old art auction industry by helping it to offer a modern consumer service.
Barnebys launched in 2011, has recently closed a new round of financing with US$3.3m in new equity. The investment is to expand the companys service offering support to its exploding US expansion. Notable investors are Industrifonden and Howsat Venture Partners who previously invested capital in the two successful travel aggregators, Trivago and Momondo. They have been joined by new investors to Barnebys, Accum Kapital and Kichi Invest, two newly founded Scandinavian VCs focusing on disruptive startups.