TESSA logo — Experience democratized art investment and ownership, bringi...

TESSA

Experience democratized art investment and ownership, bringing iconic masterpieces to your portfolio with ease and transparency.

Founded 2019 Corporate Round Total: $12.00B Design, Financial Services +2

General Information

Company Name TESSA
Founded Year 2019
Industries Design, Financial Services, Fintech +1
Funding Stage Corporate Round
Social

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About TESSA

TESSA is an innovative investment platform that aims to democratize art investment and ownership, making iconic masterpieces accessible to a wider audience with ease and transparency. Founded in 2019, the platform allows approved "micro-collectors" to co-own shares of carefully selected blue-chip artworks by artists such as Warhol, Picasso, Kusama, and Basquiat. These artwork shares are represented digitally on a public blockchain, offering the ease and liquidity typically found in public markets. TESSA facilitates the purchase, sale, and trade of fractionalized ownership interests in high-value artwork, handling all maintenance and administrative tasks related to the art pieces. The company also showcases and promotes the artworks to enhance their value and public visibility within the Design, Financial Services, Fintech, and Trading Platform industries. The platform ensures transparent and secure management of ownership certificates, transaction histories, and transfer statuses through its blockchain network and trusted third-party service providers. TESSA recently secured a KRW4.50B Corporate Round investment on December 9, 2022, with Kyobo Securities as the primary investor. This latest investment will likely fuel TESSA's expansion and solidify its position as a leading player in the art investment and ownership space.

Taxonomy: art investment, fractional ownership, blue-chip artwork, blockchain technology, investment platform, alternative investment, liquidity, public markets, artwork maintenance, digital representation, micro-collectors, secure management, art market

Funding Rounds & Investors (6)

View All
Funding Stage Amount Investors Lead Investors Date
Corporate Round •••••• 1
Investor
09 Dec 2022
Corporate Round •••••• 1
Investor
21 Jul 2022
Series A •••••• 4
Investor Investor Investor
•••• ••••
28 Dec 2021
Seed Round •••••• 3
Investor Investor
•••• ••••
13 Apr 2021
Seed Round •••••• 2
Investor Investor
01 Nov 2019

View All 6 Funding Rounds

TESSA Alternatives & Competitors

TESSA vs
ArtAdvance
ArtAdvance Austria

ArtAdvance facilitates NFT and tokenized ownership of physical artworks, offering smart diversificat...

Design, Finance
TESSA vs
Maecenas
Maecenas United Kingdom

The Art Investment Platform.

Series Unknown
6 employees
Blockchain, Design
TESSA vs

Certified photographic and video NFTs Art Market

3 employees
Design, Digital Media

FAQ About TESSA

Experience democratized art investment and ownership, bringing iconic masterpieces to your portfolio with ease and transparency.
TESSA was founded in 2019.
TESSA operates in the following industries: Design, Financial Services, Fintech, Trading Platform.
TESSA has completed 6 funding rounds, raising a total of $12.00B. The latest funding stage is Corporate Round.
Top alternatives and competitors to TESSA include ArtAdvance, Maecenas , Uncontaminated, Titan Investment Ltd, LMI GROUP. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
TESSA and ArtAdvance are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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