|Genre||Art website, collaborative consumption, online marketplace|
Artsy is a free online platform for collecting and discovering art. Artsy's search engine and database draw connections and map relationships among works of art. Led by Carter Cleveland, computer science graduate from Princeton, and Sebastian Cwilich, former executive of Christie's and Haunch of Venison director, Artsy aims to “expand the art market to support more artists and art in the world."
Artsy is backed by a group of investors, including Eric Schmidt, Wendi Murdoch, Dasha Zhukova, Thrive Capital, Jack Dorsey, Bob Pittman, Rich Barton, Jim Breyer, Keith Rabois, David Tisch, Chris Dixon, Peter Thiel, Charlie Cheever, Dave Morin, and David Kidder. John Elderfield, former chief curator at New York’s Museum of Modern Art serves as Artsy’s senior advisor and Larry Gagosian and Marc Glimcher, president of Pace Gallery, are advisors.
Carter Cleveland, the son of an art historian, founded Artsy during his senior year at Princeton University and worked on the site from his dorm room. Cleveland’s goal for Artsy is for the site "to be the place where every single user in the world goes to discover art online." In May 2010, Artsy participated in the New York City conference, TechCrunch Disrupt, where they competed in the Startup Battlefield and received the Yahoo! Rookie Award! A year later, the team demoed Artsy at the Beyeler Foundation at Art Basel (June 15, 2011). Artsy hat $50 million in venture capital, when it opened for business in 2012.
- Sebastian Cwilich, Co-founder and COO
- Sandy Cass, Chief Financial Officer
- Daniel Doubrovkine, Chief Technical Officer
- Wendi Murdoch, Co-Founder
- Dasha Zhukova, Investor, Advisor and Co-Founder
Artsy initially raised around $160,000 in seed funding. Since launching, Artsy has raised a total of $100 million from players in the worlds of art, tech, and media, including Larry Gagosian, Wendi Murdoch, and Rich Barton. The company currently employs over 200 employees across three continents.
Product (Website and App)
Artsy currently features over 1,000,000 works and 100,000 artists on its site, and more than half are for sale. Artsy partners with over 2,500 galleries, 800 museums and institutions, and 60 international art fairs, who also publish work on the site, providing collectors and enthusiasts a central resource to learn about and purchase artwork from anywhere in the world. In addition, Artsy partners with top auction houses, like Phillips, Christie's and Sotheby's.
The Art Genome Project
Artsy is powered by The Art Genome Project — "an ongoing study of the characteristics that distinguish and connect works of art." A collaboration between art historians and engineers, The Art Genome Project draws upon art-historical scholarship and artificial intelligence to assign values to artwork based on over 1211 characteristics or "genes." These genes ranges from color to "Content: Private of Personal Space" to period to "Technique: Documentary Photography" to "Group Portrait." The Art Genome Project aims to help users uncover works of art based on personal taste and preference to facilitate education and discovery of art. Matthew Israel serves as the Director of The Art Genome Project and Artsy's Lead Curator.
According to Wired, Artsy "has the potential to introduce each buyer to a wide range of artists and artworks, all of them related in some way and—this is key—most of them unknown and otherwise inaccessible to any but the most knowledgeable connoisseurs."
Bloomberg said that "[o]ver the past nine years the New York startup has become one of the top destinations for buying, viewing, and learning about art. It has pulled off this feat by partnering with galleries and auction houses, rather than directly competing with them." 
In 2012, criticism around The Art Genome Project centered on “its classification system, which rubs some artists the wrong way. 'I don't think what I am doing has anything to do with Cindy Sherman,' says British artist Jonathan Smith after being told the site links his work to hers via a staged-photography gene. 'That sounds like something a programmer would think of.'" Also, "there's the issue of whether art can be properly represented on the Web. "'There is something sensual about a visual object that doesn't translate online,"' says New York City-based collector Niel Frankel." 
Awards and recognitions
Carter Cleveland was listed in BLOUINARTINFO’s The 30-and-Under Crowd: The Art World’s Most Influential Young Figures of 2012.
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