BOSTON--(BUSINESS WIRE)--Invaluable, the world’s leading online marketplace for fine art, antiques and collectibles, today announced the strongest performance in company history with a record-breaking year in 2015. The fourth quarter of 2015 marked 29 consecutive quarters of year-over-year record-breaking growth, with more auctions run on the Invaluable marketplace and more auction buyers than ever before. Invaluable helped deliver more than $10 billion in total hammer in 2015, with a 60 percent increase in live auction revenue over the year prior. The company continues to lead the industry with cutting edge technology and investment in mobile growth, with 15 percent of Invaluable’s gross merchandise sales now taking place through the company’s mobile app.
International growth was a key factor for Invaluable in 2015, as the company now partners with auction houses in 52 countries, and welcomes internet bidders from 184 countries around the world. Invaluable introduced more than 575 new auction houses to the marketplace in 2015, and provided online bidding for 17,000 live auctions globally. Unique buyers using Invaluable grew 60 percent in 2015, with the number of new buyers to the marketplace growing by 67 percent. Invaluable’s international team grew by more than 90 percent in 2015, and the company now operates offices in the United States, United Kingdom, France, Germany, Australia and Belgium.
Asian Art & Antiques continued to be one of the most popular categories on Invaluable in 2015, with gross merchandise sales growing 74 percent over 2014. The Collectibles category saw 57 percent growth in gross merchandise sales year over year, with Fine & Decorative Art growing 30 percent in 2015 over 2014.
“It is a tremendous accomplishment to announce another record-breaking year in 2015 for Invaluable, and I couldn’t be prouder of our team,” said Rob Weisberg, Invaluable CEO. “2015 was truly a historic year, during which we celebrated the one-year anniversary of our exclusive partnership with eBay live auctions and launched a new partnership with Sotheby’s, all while significantly growing our buyer base and increasing business for our auction house partners around the world. We continue to lead the industry with the most reliable technology and best-in-class service, and I look forward to another year of exponential growth in 2016.”
In recognition of the company’s growth and innovation in 2015, Invaluable was named one of the fastest growing companies in North America by Deloitte’s Technology Fast 500™. Invaluable CEO Rob Weisberg was also recognized as a finalist for the 2015 Ernst & Young Entrepreneur of the Year®, and as one of the top 100 people changing the art world landscape by the Blouin Art+Auction “2015 Power 100.”
For additional highlights from the year, please visit Invaluable’s 2015 Year in Review. For more information on Invaluable, to view upcoming auctions and to register to bid online, please visit www.Invaluable.com.
About Invaluable
Invaluable,
the world’s leading online marketplace for fine art, antiques and
collectibles, features a live online bidding platform that allows
collectors and dealers to bid in real-time in auctions held around the
world. As the leading developer of SaaS and e-commerce applications for
the auction industry, Invaluable provides auction houses with e-commerce
and marketing solutions, as well as auction management software.
Invaluable’s best-in-class historical price database includes more than
58 million complete auction results, totaling more than $204 billion in
value. Founded in 1989 and headquartered in Boston, Invaluable also has
offices in the United Kingdom, France, Germany, Australia and
Belgium. For more information, visit www.Invaluable.com
or follow us on Twitter: @InvaluableLive.
