TGV 4 Plus Fund (TGV) has committed $2 million to Printler, a fast-growing platform transforming how independent artists connect with a global audience. The investment, consisting of secondaries and a convertible note, will enable further expansion and development.
Printler has seen extraordinary growth in 2024, with a 73% increase, far outpacing the European e-commerce market, which grew by less than 10%. Despite this success, much of the European market remains untapped. A non-European launch is set to bring even greater opportunities, with AI continuing to play a critical role in connecting artists with buyers around the world. Printler is projected to achieve a $7 million turnover in 2024, with an expected rise to over $10 million in 2025. The company has been cash-flow positive since mid-2023.
Andreas Holmgren, CEO of Printler, commented:
“TGV is adding extra power with their global reach and partner network, and I am happy that we could find a way to onboard TGV deeper into the company.”
Printler’s use of AI has already demonstrated strong results in matching customers with artworks suited to their tastes. With TGV’s deeper involvement, Printler will be able to enhance these AI tools further, improving the experience for both buyers and artists, and scaling the business globally.
Fredrik Adolfsson, TGV’s managing partner, said:
“Printler’s success so far shows the strength of combining AI with a unique marketplace. We’re excited to help them build on these results. With our global presence, we are confident that we can support Printler in bringing this vision to a much larger audience.”
Andreas Holmgren, CEO of Printler, shared his vision for the future of the company:
“Art is personal. Intelligent technology is crucial to make it easier for buyers to find the pieces that truly resonate with them. With TGV’s global network, we’re able to focus on enhancing these capabilities to offer an even better experience for both artists and art lovers as we continue our international expansion.”
