
Earlybird joins Auctionata investors in new funding round
Earlybird has joined existing investors Bright Capital and Kite Ventures in a new funding round for German online auction house Auctionata, estimated at around $2.7m.
Earlybird's investment in Auctionata follows earlier rounds led by Bright Capital and Kite Ventures, as well as Holtzbrinck Ventures, eVenture Capital Partners and the Raffay Group. In total, the business has received $20.2m in funding to finance its global expansion, recruiting efforts and technology platform growth.
Company
Auctionata is a Berlin-based online fine art auction house and curated online shop reaching out to a global audience of buyers. The business hosts a network of 250 international specialists and has processed 21,000 requests for professional appraisal services to date, appraising more than $91.1m worth of items.
Auctionata was founded by Alexander Zacke and Georg Untersalmberger in 2011 and its new online shop went live in the beginning of September 2012. The business has 100 employees in its offices in Berlin and New York.
People
Christian Nagel is co-founder and partner at Earlybird.
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