Director of Performance Marketing, Masterworks
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Platform for art investment
Job no longer available
Platform for art investment
201-500 employees
Job no longer available
More information about location
201-500 employees
Company mission
Masterworks' mission is to make art investable.
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Company mission
Masterworks' mission is to make art investable.
Our take
In the age of democratizing access to financial platforms, Masterworks epitomizes the trend through its platform, which breaks down the walls to art investment. Traditionally guarded by old institutions and reserved for the uber-rich, the company supplies a way for retail investors to access the space, by pioneering the ‘fractionalizing’ of art pieces.
Through Masterworks, SEC-qualified paintings by names like Banksy, Monet, and Picasso are portioned, allowing retailers to hold just a percentage of the piece via its platform. Having acquired over 100 assets, worth a total in the hundreds of millions of dollars, the company has scaled well and remained agile as it capitalizes on the ever-increasing popularity of alternative assets.
The company has also focussed on building out its technological capabilities. For instance, by leveraging proprietary data - acquired from becoming one of the most important buyers on the market - Masterworks believes it can deliver increased returns for its retail investors, adding further value to its platform that should attract and retain users.
Freddie
Company Specialist at Welcome to the Jungle
Benefits
- Lunch & Learns - Featured guests and Masterworks leadership share their experiences
- Monthly happy hours
- Paid time off for vacation, sick time, and corporate holidays
- Medical, dental, and vision coverage for all our full-time employees
- 401k option
- Daily buffet style catered lunch with options for every diet
Funding (1 round)
Oct 2021
$110m
SERIES A
Total funding: $110m
Leadership
Scott Lynn
(CEO)Founded Virtumundo which developed one of the first viral internet games. Went on to found and chair a fund, V2 Ventures, which invested in or acquired startups in the online advertising space. Prior to Masterworks, they founded Payability, an eCommerce funding platform.
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