MakersPlace Announces $30M Series A to Enable a Vibrant Future for Digital Creativity

Wednesday, August 4, 2021
MakersPlace Announces $30M Series A to Enable a Vibrant Future for Digital Creativity

Three years after the launched into the art space, MakersPlace raises $30 Million to further digital creativity.

MakersPlace was started in 2018 with the belief that there had to be a better way to empower digital creativity. For years, they saw first hand all the issues that plagued digital creators with their works being stolen, misappropriated and undervalued. Three years later, they are ecstatic to see what they believe to be the biggest shift in the digital creator economy with the advent of blockchain and NFT technology.

2021 has been an incredible year for the MakersPlace community. The number of collectors using their platform grew over 10x, while they facilitated over $100M in transactions. They have also continued to empower thousands of the world’s most talented digital artists, offering the most trusted platform to protect and sell their digital art. Most notably, we helped catapult digital art and NFTs onto the global stage, with their historic partnership with Beeple and Christie’s, facilitating the $69.3M sale of Beeple’s EVERYDAYS: THE FIRST 5000 DAYS — the largest ever sale of a digital artwork.

Today, MakersPlace has raised $30M to further enable a vibrant future for digital creativity. This funding was led by Bessemer Venture Partners and Pantera Captial, with participation from Uncork Capital, Draper Dragon Digital Assets, 9Yards Capital, Coinbase Ventures and Sony Music Entertainment. The funding also includes the following strategic investors: Acquavella Galleries, Sabrina Hahn and Bill Ruprecht in the arts; Eminem, Paul Rosenberg, 3LAU in music, Larry Fitzgerald and Shari Glazer in sports; Eric Baker, Julia and Kevin Hartz, Vinny Lingham and Tobias Lütke in tech, and many more. Every investor brings forward a strong conviction for our mission as well as their expertise and perspective across technology, blockchain, art and media.

 

Telegram Channel

ArtDependence is now also available on the messaging platform Telegram. Telegram is a cloud-based mobile and desktop messaging app with a focus on security and speed.

Subscribing to the ArtDependence Channel allows you to easily stay up to date with the latest ArtDependence news.

Subscribe to the Newsletter

Image of the Day

Jessica Rankin's new work for 'Art World Goes Green' initiative in support of WWF action on climate crisis.

Jessica Rankin's new work for 'Art World Goes Green' initiative in support of WWF action on climate crisis.

Search

About ArtDependence

ArtDependence Magazine is an international magazine covering all spheres of contemporary art, as well as modern and classical art.

ArtDependence features the latest art news, highlighting interviews with today’s most influential artists, galleries, curators, collectors, fair directors and individuals at the axis of the arts.

The magazine also covers series of articles and reviews on critical art events, new publications and other foremost happenings in the art world.

If you would like to submit events or editorial content to ArtDependence Magazine, please feel free to reach the magazine via the contact page.