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The avant-garde of art logistics
[ February 5, 2019 // Chris ]Start-up art logistics company Convelio has raised €1.85 million in funding in nine months after its creation. The Paris-headquartered company has also opened a UK office in London.
Founders Edouard Gouin and Clément Ouizille, said an “exceptional investment” by Global Founders Capital and several other business angels, would accelerate the company’s development.
They say that the logistics of moving artworks around the world has not kept pace with developments in e-commerce, and remains “opaque and complicated”.
Edouard Gouin adds: “The incredibly expensive estimates from legacy carriers in the sector typically take 48 hours and that’s what we want to change, not only by expanding our services, but more importantly by developing solutions that facilitate a click-and-buy experience like the one you can see on Amazon.”
The French startup provides transport to hundreds of destinations in more than 40 countries and for more than 300 customers. It offers instant online quotes, saying that it is the only art carrier to offer this solution.
Costs are optimized using an algorithm using several dozen variables including volumetric weight, geographical area, transport routes and customs management
As a freight forwarder and customs broker, Convelio is solely responsible for transport and is able to collect works of art in any country in Europe and deliver them anywhere in the world, at competitive prices.
Tags: Convelio