Convelio, a global logistics startup specializing in fine art shipping, has secured $48,000,000 in its latest funding round. This substantial investment marks a significant milestone for the company, underscoring investor confidence in its specialized approach to the complex world of art transportation.
As a licensed freight-forwarder, Convelio leverages a proprietary algorithm to provide competitive real-time shipping quotes and a comprehensive, end-to-end logistics service to the art market. The company’s core mission is to simplify the shipping of bulky and valuable items, making the process seamless for art businesses worldwide. Convelio currently serves over 1,000 customers, including art galleries, auction houses, interior designers, and online platforms, offering services such as van pickup and drop-off across Europe, wood export packing, air and sea freight to more than 80 overseas destinations, customs clearance, and white-glove delivery.
The newly raised capital is expected to fuel Convelio's ambitious growth initiatives. While specific allocation details were not disclosed, the funds are anticipated to be directed towards enhancing its proprietary technology, expanding its global operational footprint, and further developing its specialized service offerings. This investment is crucial for scaling its operations to meet the increasing demand for secure and efficient fine art logistics.
Looking ahead, this funding positions Convelio to strengthen its market leadership in fine art logistics. The company aims to continue its trajectory of innovation, ensuring that art businesses globally can benefit from a streamlined and reliable shipping experience, ultimately facilitating broader access to the art market.
