Barnebys, a Stockholm, Sweden-based online search and valuation tool for fine artworks, antiques and collectibles, raised €4m (approx. $4.5m) in funding.
The round was led by Industrifonden and Active Venture Partners with participation from new investor Inbox Capital, a company owned by the tech entrepreneur Martin Wattin.
The company will use the funds to continue to grow in the US.
Founded in 2011 by Christopher Barnekow and Pontus Silfverstolpe, Barnebys is an auction search service featuring over a half million items for sale through about 1,000 auction houses worldwide.
This autumn, the company has signed up on average two new auction houses per day worldwide with the highest increase taking place in the USA. Clients in the United States include Sotheby’s, Paddle 8, Phillips, Crescent City Auction Gallery, Neal Auction Gallery, Heritage Auctions and many others.