A French start-up has raised €1.85 million to bolster its ambitions of becoming the ‘Amazon of art world logistics’. Founded in Paris just nine months ago, this company is already setting its sights on international markets with a new base in London.
Currently specialising in the shipment of art, antiques, and designer objects, the firm offers transportation services to hundreds of destinations across more than 40 countries. With a clientele exceeding 300, the company’s rapid growth signals its readiness for a broader global presence.
Redefining Art Logistics
The rise of eCommerce has simplified the discovery of artworks, yet the delivery process remains opaque and complicated. According to co-founder Edouard Gouin, “the incredibly expensive estimates from legacy carriers in the sector typically take 48 hours”. This is a situation the company aims to change significantly.
Gouin points out that their primary objective is not just to expand services but also to offer solutions that facilitate a seamless click-and-buy experience. This approach is directly inspired by the efficient model seen on Amazon.
Technological Advancements in Logistics
This start-up provides instant online quotes and optimised costs using an algorithm based on dozens of variables, including volumetric weight, geographical area, transport routes, and customs management. The ability to offer instant estimates is a key differentiator in the market.
The recent fundraising serves as a catalyst for the consolidation of both operational and technological components crucial for achieving their mission. Gouin adds, “All the investments made thanks to this round will allow the complete development of the platform”.
International Expansion
The firm is already eyeing international markets with its new base in London. This recent expansion marks the first step in their broader global strategy.
Their logistics platform currently caters to over 300 clients, providing services to more than 40 countries. This extensive reach underlines their commitment to establishing a strong international presence.
Customer-Centric Approach
The company’s customer-centric approach is evident in its service offerings. They provide transport for various items ranging from high-value art and antiques to designer objects, ensuring a broad appeal.
Their platform’s ability to deliver instant online quotes simplifies the process for customers, making it easier for them to obtain accurate and affordable logistics solutions.
Challenges and Opportunities
Despite their rapid growth, the company faces several challenges. These include managing complex logistics and navigating different regulatory environments across countries.
However, with its robust technological framework and customer-focused services, the company is well-positioned to turn these challenges into opportunities for further growth and expansion.
Future Plans
Looking ahead, the company aims to continue its expansion into new markets and enhance its technological capabilities.
By leveraging their recent investment, they plan to offer more efficient and cost-effective logistics solutions, staying true to their mission of transforming the art logistics sector.
Conclusion
The company’s ambitious plans for expansion reflect its commitment to revolutionising the art world logistics sector.
With significant investments and a strong focus on technological advancements, the future looks promising for this burgeoning start-up.
As the ‘Amazon of art world logistics’ continues to grow, its customer-centric and technologically advanced approach sets it apart in a competitive market.
With an expanding international footprint and a continuous focus on innovation, the company is well on its way to achieving its ambitious goals.