TGV 4 Plus Fund (TGV) has announced an additional $2 million investment in Printler, a platform transforming how independent artists connect with buyers globally. The investment comprises secondaries and a convertible note.
Printler has achieved a remarkable 73% growth rate in 2024, despite the European e-commerce market growing by less than 10%. Although the platform has made significant progress, much of Europe remains untapped. With plans for a non-European launch, Printler is poised to expand its reach, supported by AI technology that connects buyers with the right artists worldwide. Turnover for 2024 is projected at $7 million, with estimates exceeding $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.”
Printler’s AI tools have already demonstrated success in helping customers find artworks tailored to their preferences. With TGV’s increased involvement, the company can now focus on refining these tools to enhance the customer experience and scale the business more effectively.
Fredrik Adolfsson, managing partner at TGV, commented:
“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 outlook for the future of Printler:
“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.”
About Printler
Printler is a Swedish creator platform that connects independent artists with art lovers. As of today, Printler is active on 14 European markets, where millions of customers find close to 100.000 artworks from over 17.000 artists on the marketplace. By focusing on AI-driven matchmaking, Printler aims to make art effortless to sell and discover, empowering creators to monetize their art. The platform was brought to life in 2020 by founders Andreas Holmgren and Andreas Önstorp, remaining large shareholders along with Stockholm-based Longrun Capital and Singapore-based TGV.
Buy your mind-blowing art print on www.printler.com
About True Global Ventures, TGV
TGV 4 Plus Fund invests in AI and blockchain-driven companies globally. TGV backs visionary entrepreneurs in sectors including AI, entertainment, technology infrastructure and financial services in early stages and beyond Series B.