Arteza
Arteza is a technology company.
Financial History
Arteza has raised $24.0M across 1 funding round.
Frequently Asked Questions
How much funding has Arteza raised?
Arteza has raised $24.0M in total across 1 funding round.
Arteza is a technology company.
Arteza has raised $24.0M across 1 funding round.
Arteza has raised $24.0M in total across 1 funding round.
Arteza is an e-commerce retailer specializing in arts and crafts supplies, offering products like gel pens, paints, and office items through its websites, Amazon, and other platforms.[1][2][3] Founded in 2015 and headquartered in Miami, Florida (with incorporation in Wilmington, Delaware), it serves over two million customers worldwide, including children, students, hobbyists, and professional artists, by providing affordable, high-quality supplies that inspire creativity.[1][2][3] The company solves the problem of limited access to innovative, customer-centric art products in a market dominated by brands like Crayola and Prismacolor, achieving rapid growth—ranked #32 on the 2020 Inc. 5000 list—with reported revenue of $58.3 million and 51-200 employees.[1][2][3]
Arteza's growth momentum includes a $24 million investment from Volition Capital in 2019, enabling hires in e-commerce tech, strategy, and marketing, alongside expansions like US/UK sites and campaigns such as the 2022 "Fuel Your Creativity" initiative featuring NFTs and artist bundles.[1][3]
Arteza was founded in 2015 by Mike Koshatko and Jurgis Plikaitis, who identified an underserved niche in the art supply market after researching that 63% of US households engaged in arts and crafts in 2016.[1] Based in Miami—"the gateway to Latin America"—the duo launched with a customer-first vision to motivate artists of all ages and skill levels, starting with a set of gel pens and expanding to hundreds of branded products across categories.[1][2][4]
Early traction came from loyal customers and exceptional service, evolving from a small startup to an international force. A pivotal moment arrived in 2019 with Volition Capital's $24 million investment, praised by managing partner Larry Cheng for Arteza's profitability and customer focus, fueling accelerated scaling.[1]
Arteza rides the e-commerce boom in consumer goods, particularly DTC models disrupting traditional retail like art supplies, amplified by post-2016 craft hobby surges and pandemic-driven creativity demands.[1][2] Timing aligns with rising online shopping—63% US household craft involvement in 2016—and tech investments enabling global reach from Miami.[1]
Market forces favoring Arteza include affordable pricing against incumbents, VC backing for tech upgrades, and hybrid physical-digital trends (e.g., NFTs), positioning it as a leader in "art tech" retail.[1][3] It influences the ecosystem by democratizing supplies, inspiring millions, and attracting talent to e-commerce innovation in underserved creative niches.[1][2]
Arteza's trajectory points to further international expansion, deeper tech integration (e.g., AI personalization, more digital-physical hybrids), and potential acquisitions in crafts, building on its profitable base and 2M+ customers.[1][3] Trends like creator economy growth, sustainable supplies, and Web3 art will shape it, evolving its influence from supplier to creativity platform enabler. As a standout from startup to Inc. 5000 force, Arteza exemplifies how customer obsession scales dreams in e-commerce art.
Arteza has raised $24.0M in total across 1 funding round.
Arteza's investors include Volition Capital.
Arteza has raised $24.0M across 1 funding round. Most recently, it raised $24.0M Series A in November 2019.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Nov 1, 2019 | $24.0M Series A | Volition Capital |