Peggy

The social marketplace to buy and sell contemporary art.

General Information
Company Name
Peggy
Founded Year
2020
Location (Offices)
Founders / Decision Makers
Number of Employees
38
Industries
Applications, Blockchain, Design +3
Funding Stage
Seed
Social Media

Peggy - Company Profile

Peggy is a social marketplace disrupting the contemporary art industry, founded in 2020 by Craig Follett and Adam Meghji, serial entrepreneurs with a successful track record. The platform partners with galleries and artists to make art more accessible, enabling art enthusiasts to purchase affordable pieces and later rehome them within the collector community. An outstanding aspect of Peggy's model is the emphasis on artist royalties for future sales, a feature often overlooked in the industry. Employing advanced AI and ML technology, Peggy ensures the safety and satisfaction of both buyers and sellers. Recently, the company secured a noteworthy $10.80M investment in a Seed Round, attracting a diverse group of investors including Real Ventures, Nomad Capital, Backbone Angels, Garage Capital, Portage Ventures, Karman Ventures, Bob Harding, David Marcus, Tinie Tempah, and Z Venture Capital. The innovative approach and solid backing position Peggy as a promising player within the realms of Applications, Blockchain, Design, Fintech, Marketplaces, and Mobile technology.

Taxonomy: art marketplace, contemporary art, investment-grade art, artist royalties, galleries partnership, art investment, societal impact, asset diversification, secondary sales, social change through art, art valuation, blockchain technology

Funding Rounds & Investors of Peggy (2)

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Funding Stage Amount No. Investors Investors Date
Seed Round $10.80M 10 Bob Harding, David Marcus +2 07 Feb 2023
Pre Seed Round Unknown - 01 Jan 2021

Latest News of Peggy

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No recent news or press coverage available for Peggy.

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