Tuesday, May 3, 2011

DegreeArt.com Raises �300,000 for Affordable, Online Art Gallery

Invest in the artists of the future

DegreeArt.com, an online retailer of "accessible, original art by emerging artists," has raised �300,000 investment in its first fund raising round led by angel investors.

DegreeArt.com is the brainchild of Elinor Olisa (l) and Isobel Beauchamp (r). Founded in 2003 during a time when E-commerce was a relatively new concept, Isobel and Elinor saw the potential of bridging the gap between emerging artists and art collectors. Since its inception, they have redefined and maintained DegreeArt.com as a prominent leader in online art sales.

The business has been expanding fast over the past 18 months, with last year?s financial figures boasting a 300% increase in revenues. Now the first time buyer, as well as the established collector, has the power to own original art at affordable prices.

Clients of the online gallery have witnessed a growth in value of their artwork of an average of 40% but as much as 83% in the past three years.

With the assistance of DegreeArt.com, becoming an art collector doesn?t require insider knowledge, or luck. By sourcing and working with only the most talented emerging artists, DegreeArt.com allows the novice buyer to find something they will truly love to own, as well as invest in.

You could discover the next Damien Hirst or Tracy Emin by simply logging on.

The new investment will allow DegreeArt.com to increases its online presence and marketing while expanding internationally.

Jennifer Sky Estella Warren Olivia Munn Foxy Brown Tamie Sheffield

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