Artnet Worldwide Corporation
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Artnet Worldwide Corporation - overview
Established
1989
Location
Berlin, -, Germany
Primary Industry
Software
About
Artnet Worldwide Corporation, based in Germany, is a prominent online platform specializing in the buying, selling, and research of contemporary art, featuring extensive auction results and market insights for collectors. Founded in 1989, Artnet Worldwide Corporation operates from Berlin, Germany. The company provides a digital marketplace for art transactions. In May 2025, Beowolff Capital agreed to acquire a 98.
93% majority stake in Artnet Worldwide Corporation for EUR 65 million, or EUR 11. 25 per share, in a public-to-private deal.. Artnet has engaged in 1 deal since its inception. Artnet's core offerings include a comprehensive online platform for buying, selling, and researching contemporary art.
It hosts a trusted database of auction results, emphasizing curated sales from renowned artists. Through Artnet Auctions, clients can bid on a variety of artworks, accessing an archive of over 17 million auction records dating back to 1985. The platform serves clients in major markets across North America, Europe, and Asia, catering to art collectors, galleries, and auction houses. In 2023, Artnet reported a revenue of EUR 25,273,855.
9, with an EBITDA of EUR -210,494. 4, reflecting its operations during that year. In May 2025, Beowolff Capital's acquisition of Artnet will facilitate the company's expansion within the art industry. The investment will support new product launches and geographic market expansion, although specific details on upcoming products or targeted regions have not been disclosed.
Current Investors
Beowolff Capital
Primary Industry
Software
Sub Industries
Accounting/Finance Software
Website
www.artnet.com
Verticals
E-commerce
Company Stage
Mature
Total Amount Raised
Subscriber access only
Artnet Worldwide Corporation - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Public to Private | Completed | Artnet Worldwide Corporation | - |
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