TGV 4 Plus Fund (TGV) has announced an additional $2 million investment in Printler, a platform that is revolutionising how independent artists reach their global audience. The investment includes a combination of secondaries and a convertible note, aimed at supporting the company’s expansion.
In 2024, Printler achieved an impressive 73% growth, despite the European e-commerce market growing by less than 10%. With much of Europe’s market potential still untapped, Printler is now preparing for a non-European launch that will open up even larger opportunities. AI technology continues to play a crucial role in connecting artists with buyers across the globe. Turnover for 2024 is projected to reach $7 million, with expectations of exceeding $10 million in 2025. The company has been cash-flow positive since mid-2023.
Commenting on the investment, Printler CEO Andreas Holmgren 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 technology has already shown strong results in matching customers with artworks that suit their personal preferences. With TGV’s deeper involvement, the company can further refine its AI tools, improving the user experience and scaling the business more effectively.
Fredrik Adolfsson, managing partner of TGV, added:
“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 long-term vision for 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.