Paddle8

Closed

New York City · Founded 2011 · $44.0M raised

Headquarters
New York City, New York
Employees
51–200
Founded
2011
Business Model
Marketplace
Total Funding
$44.0M
Last Round
$34.0M Series COct 2015
Rounds
3

About

Paddle8 was an online auction house founded in May 2011 and based in New York City, specializing in fine art including post-war and contemporary art, prints and multiples, photography, street art, and collectibles. Co-founded by Alexander Gilkes, Aditya Julka, and Osman Khan, the platform focused on pieces priced between $1,000 and $100,000 vetted by specialists for authenticity, with offices in New York, Los Angeles, London, and Hong Kong. Paddle8 built a community of over 500,000 collectors and partnered with more than 300 non-profit organizations — including the Guggenheim and the Los Angeles County Museum of Art — to host benefit auctions online, raising more than $33 million for charities. The company raised $44 million in total venture funding before filing for Chapter 11 bankruptcy in March 2020.

Summary

Paddle8 is an E-Commerce company based in New York City, founded in 2011. It has raised $44.0M in total across 3 rounds, most recently a $34.0M Series C round in Oct 2015. Investors include Founder Collective and Mousse Partners.

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Funding History

Series CSeries COct 2015
$34.0M

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Investors

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