Peggy Funding Round

2/7/2023

Venture Equity

$8,066,000

Undisclosed

The company intends to use the funds to accelerate growth and expand operations.

Private & Independent

MarTech

Exchange Tower, 130 King Street West 1800
Toronto, Ontario, M5X 1E3
CA

Undisclosed

Peggy is the social marketplace that allows you to discover, buy, and sell art. A place for the art-curious and the art-expert, for the art gallery and artist. A new way forward for the art world. After I bought my first house, I wanted to make it a home by filling the walls with art. But the question of where to buy art, and what art I should collect, wasn't easily answered. I visited local art fairs, chatted with artists & galleries, and learned about the presence of art royalties in Europe and their absence elsewhere. While high-net worth collectors could buy a Picasso or Basquiat and resell it with ease, the majority of the art world didn't have access to the same flexibility. In other words, there were a lot of ways that the art world could be better for artists, galleries, and collectors.