TGV 4 Plus Fund (TGV) has committed an additional $2 million investment into Printler, a platform revolutionising how independent artists connect with global buyers. This investment, which includes secondaries and a convertible note, will drive Printler’s international growth and strengthen its AI-powered platform.
In 2024, Printler achieved remarkable growth of 73%, outpacing the European e-commerce market, which grew by less than 10%. Despite this success, there is still vast potential within Europe yet to be explored. A non-European launch is planned, creating even more opportunities as AI continues to connect buyers and artists globally. Turnover for 2024 is projected to reach $7 million, with forecasts exceeding $10 million in 2025. Printler has been cash-flow positive since mid-2023.
Andreas Holmgren, CEO of Printler, shared:
“TGV is adding extra power with their global reach and partner network, and I am happy that we could find a way to onboard TGV deeper into the company.”
The platform’s AI technology has already shown strong results in matching customers with artworks that reflect their tastes. With TGV’s greater involvement, Printler can now focus on refining its AI tools, offering a better experience for both buyers and artists, while scaling its operations.
Fredrik Adolfsson, managing partner of TGV, said:
“Printler’s success so far shows the strength of combining AI with a unique marketplace. We’re excited to help them build on these results. With our global presence, we are confident that we can support Printler in bringing this vision to a much larger audience.”
Andreas Holmgren also shared his future vision:
“Art is personal. Intelligent technology is crucial to make it easier for buyers to find the pieces that truly resonate with them. With TGV’s global network, we’re able to focus on enhancing these capabilities to offer an even better experience for both artists and art lovers as we continue our international expansion.”
