What is Artemest?
Founded in 2015 by Ippolita Rostagno and Marco Credendino, Artemest serves as a digital gateway to the finest Italian craftsmanship in home décor and lifestyle categories. The platform connects an international audience of art enthusiasts and connoisseurs with high-quality, artisanal products from Italy. By bridging the gap between traditional artisans and a global market, Artemest champions the preservation and promotion of Italian design heritage through a modern, e-commerce-driven approach.
How much funding has Artemest raised?
Artemest has raised a total of $26.9M across 4 funding rounds:
Angel/Seed
$1.2M
Series A
$5M
Other Financing Round
$5M
Unspecified
$15.7M
Angel/Seed (2017): $1.2M with participation from Italian Angels for Growth
Series A (2018): $5M led by Italian Angels for Growth, Rancilio Cube srl, NUO Capital, ScaleIT Ventures, and Bagheera Holding
Other Financing Round (2020): $5M supported by OLMA Luxury Holdings and Brahma
Unspecified (2022): $15.7M featuring Olma Luxury Holdings and IRIS Ventures
Key Investors in Artemest
IRIS Ventures
IRIS Ventures is a growth equity firm dedicated to empowering a new generation of extraordinary visionaries, focusing on brands and tech-enabled solutions that enhance health, happiness, and convenience.
Olma Luxury Holdings
Olma Luxury Holdings is an entity involved in the luxury goods sector, participating in strategic investments to bolster brands within this market.
Italian Angels for Growth
Italian Angels for Growth (IAG) is the largest network of business angels in Italy, dedicated to investing time and capital in innovative startups and fostering collaboration within the startup ecosystem.
What's next for Artemest?
The substantial enterprise-level backing Artemest has received indicates a strategic push towards scaling its operations and expanding its global reach. This significant capital infusion is likely to be directed towards enhancing its digital platform, broadening its artisan network, and strengthening its international marketing efforts. The company's focus on luxury Italian crafts positions it to capitalize on the growing demand for unique, high-quality, and ethically sourced goods, suggesting a future centered on continued growth and market leadership in the luxury e-commerce sector.
See full Artemest company page
