TGV 4 Plus Fund (TGV) has announced an additional $2 million investment in Printler, the fast-growing platform that is reshaping how independent artists connect with global audiences. The investment comprises a mix of secondaries and a convertible note.
In 2024, Printler has recorded a remarkable 73% growth rate, significantly outpacing the European e-commerce market, which grew by less than 10%. Despite this impressive progress, the company has only just begun to explore the full potential of the European market. With plans for a non-European launch, the company is poised for further growth, leveraging AI technology to connect artists with buyers on a global scale. Turnover for 2024 is expected to reach $7 million, with projections exceeding $10 million in 2025. Printler has been cash-flow positive since mid-2023.
Andreas Holmgren, CEO of Printler, commented on the investment:
“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 tools have already proven effective in matching customers with artworks that align with their personal tastes. With TGV’s expanded involvement, Printler aims to further refine these AI capabilities, improving the user experience for both buyers and artists, while scaling up its operations.
Fredrik Adolfsson, managing partner of TGV, shared his thoughts:
“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 outlined his future 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.
