TGV 4 Plus Fund (TGV) has announced a $2 million investment in Printler, a platform transforming how independent artists reach global audiences. This investment consists of a mix of secondaries and a convertible note, marking a significant step in Printler’s expansion.
Printler has achieved an impressive 73% growth in 2024, while the European e-commerce market has grown by less than 10%. Despite this success, there are still vast opportunities within Europe that remain untapped. A non-European launch is on the horizon, promising to bring even greater potential, with AI continuing to play a key role in connecting buyers with the right artists globally. Printler’s projected turnover for 2024 is $7 million, with forecasts exceeding $10 million in 2025. The company has been cash-flow positive since mid-2023.
Commenting on the partnership, 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 technology has already demonstrated its ability to match customers with artworks tailored to their tastes. With TGV’s increased involvement, Printler will focus on further refining these AI tools, creating a more personalised experience for buyers and allowing the company to scale its operations more efficiently.
Fredrik Adolfsson, managing partner of 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 shared his vision 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.”
