TGV 4 Plus Fund (TGV) has committed $2 million to Printler, the fast-growing platform that connects independent artists with global buyers. This investment, a mix of secondaries and a convertible note, will help Printler expand internationally and refine its AI technology.
In 2024, Printler experienced a 73% growth rate, far outstripping the European e-commerce market, which grew by less than 10%. Despite this rapid growth, the European market remains largely untapped. With plans for a non-European launch, Printler is well-positioned to expand further, using AI technology to connect buyers and artists worldwide. Printler’s turnover for 2024 is projected to reach $7 million, with an expected increase to more than $10 million in 2025. The company has been cash-flow positive since mid-2023.
Andreas Holmgren, CEO of Printler, said:
“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.”
The platform’s AI-driven tools have already proven successful in helping customers find artworks tailored to their preferences. With TGV’s increased involvement, Printler will focus on enhancing these capabilities, improving the experience for buyers and artists while scaling its business operations.
Fredrik Adolfsson, managing partner of TGV, added:
“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 also shared his vision for Printler’s future:
“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.”