Art World Insights is a United Kingdom-based startup founded in 2019, specializing in data-driven art analytics. The growing art market, which has surpassed the $60 billion mark with a yearly growth rate of 17%, presents the challenge of valuing artwork accurately. The current predominant method of using auction results is limited, excluding 84% of the global market and being infrequent, especially for emerging artists. Art World Insights aims to address this challenge by assembling a team of data scientists, art experts, and finance professionals from prestigious institutions like Oxford, Cambridge, Princeton, INSEAD, and Stanford. The team's goal is to create the "Standard & Poor's" of the art market, offering objective, data-based valuations. At present, there is no information available on the last investment and the investors involved with Art World Insights. The startup operates in the AI, analytics, information technology, and machine learning industries. With a mission to provide unbiased and comprehensive art valuations, Art World Insights is poised to make a significant impact on the art market with its innovative approach.
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