ARTA

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ARTA - overview

Established

2014

Location

New York, NY, US

Primary Industry

Internet

About

Arta Shipping, Inc. is a US-based logistics company specializing in tailored solutions for the art, luxury, and collectibles markets, ensuring efficient and secure delivery of high-value items globally. Founded in 2014 and headquartered in New York, US, Arta Shipping, Inc. provides logistics services for the art and collectibles industry.


The company raised USD 10. 85 mn in Series A funding on August 29, 2022, led by AXA Venture Partners, with participation from investors including Coelius Capital and Mu Ventures. Adam Fields serves as the CEO and founder. Arta specializes in providing comprehensive logistics solutions tailored for the art, luxury, and collectibles market.


The core offerings include a highly configurable platform that integrates shipping, insurance, tracking, and fulfillment services into the buying journey for high-value items. This suite of tools is designed to facilitate seamless quoting during the purchasing process, automated tracking and notifications post-sale, and various fulfillment options ranging from self-shipping to white-glove service. Arta's services cater to a diverse client base, including auction houses, marketplaces, and individual merchants, enabling them to connect unique items with buyers globally. The company operates in over 65 countries, supporting luxury and fine art retailers and ensuring that their products reach customers efficiently and securely.


Arta generates revenue through partnerships and transactions with various stakeholders in the collectibles market, including auction houses, galleries, and online merchants. The transaction structure is primarily B2B, where businesses utilize Arta's logistics technology to enhance their shipping and fulfillment processes. Clients benefit from instant shipping quotes, embedded insurance solutions, and automated customer communications, which streamline operations and improve user experience. While specific pricing plans are not disclosed, Arta's offerings include a comprehensive array of services that cater to the varying needs of its clients, ensuring a reliable and effective logistics solution for high-value items in the luxury sector.


Following the Series A funding of USD 10. 85 mn raised on August 29, 2022, Arta Shipping, Inc. plans to utilize the capital to expand its technology platform, enhance international coverage, and improve compliance and insurance products. Future initiatives may include the development of new products aimed at optimizing logistics for high-value items and targeted expansion into new geographic markets to broaden their service capabilities.


Current Investors

Notation, V1.VC, Sotheby's Inc.

Primary Industry

Internet

Sub Industries

Logistics & Distribution, Web Applications, Logistics Software, Content Management Software, Application Integration Software

Website

www.shiparta.com

Company Stage

Series A

Total Amount Raised

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