Announced
Completed
Financials
Tags
investment platform
Private
United States
Acquisition
FinTech
Domestic
financial software
Friendly
Completed
Minority
Venture Capital
Private Equity
Synopsis
Left Lane Capital, a venture capital and early growth equity firm, led a $110m Series A funding round in Masterworks, an investment platform to securitize blue-chip art. Other investors include Galaxy Interactive and Tru Arrow Partners. "We are thrilled to complete our Series A with such a high-quality group of investors, including our lead investor, Left Lane Capital. Left Lane understood our market, business model mechanics and drivers in a more nuanced way than anyone else. Art is among the largest asset classes remaining that has never been securitized. There are more than 9k firms that help investors allocate to venture and private equity, but none other than Masterworks that facilitates fractional investment in art," Scott Lynn, Masterworks Founder.
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