Twyla Raises Over $19m in Funding

twylaTwyla, an Austin, Texas-based platform to discover and buy art, raised over $19m in funding.

The round was led by GV with participation from Institutional Venture Partners and Redpoint Ventures.

Led by Matt Randall, co-founder and CEO, Twyla provides a platform to discover and buy art, offering consumers access to limited-edition artworks by contemporary artists. The company collaborates with artists to create exclusive prints at a fraction of the price of their original pieces.
Twyla works directly with 80+ artists to create a curated collection of over 300 framed pieces, which range from $1,000-$5,000. Artists include Miya Ando, Travis Boyer, Guy Dill and Kristen Schiele.
In order to enable buyers to experience the quality and beauty of the art in person, pieces are featured at select “showrooms” including boutique hotels and venues across the country such as South Congress Hotel in Austin and Soho House West Hollywood.

The company’s board of directors also includes:
– HomeAway co-founder and chairman Brian Sharples, who is a Twyla co-founder and serves as chairman of the board;
– David Krane, CEO of GV (formerly Google Ventures) and board member;
– art community veteran and former president of Christie’s Doug Woodham and
– CEO of The Standard Hotels International Amar Lalvani.

FinSMEs

13/10/2016

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