Company Art Market Raises $1.6 Million

New York’s Company, an online art market, said in a press release Wednesday it raised $1.6 million in seed funding. The website lets art collectors sell and exchange pieces from their own collections. Investors in five-month-old Company include Ten Paces Capital Partners and the Reen Family Office. Company also runs networking events and has a reality television show, “The Collector NYC,” slated to air in the fall.

Author: João-Pierre S. Ruth

After more than thirteen years as a business reporter in New Jersey, João-Pierre S. Ruth joined the ranks of Xconomy serving first as a correspondent and then as editor for its New York City branch. Earlier in his career he covered telecom players such as Verizon Wireless, device makers such as Samsung, and developers of organic LED technology such as Universal Display Corp. João-Pierre earned his bachelor’s in English from Rutgers University.