Online art market Paddle8 secures Series A funding of c.$4MM led by prominent technology investors

NEW YORK, NY.- Founder Collective, one of the most reputed early-stage venture capital funds, which has previously made successful bets on the likes of Makerbot, Milo and Uber, now turns its attention to online art market Paddle8. The investment is led by David Frankel who joins the board of Paddle8. Joining Paddle8’s financing round is Mousse Partners, the private investment firm affiliated with a leading luxury goods company. The firm’s U.S. venture efforts are led by Ed Zysik with recent investments represented by Paperless Post and Warby Parker. This combination of technology and luxury prowess gives Paddle8 the opportunity to further enhance its position as the leading destination for both new and seasoned collectors to access fine art works via a curated selection, insider opinions and a patented transaction platform that allows collectors and galleries to ship, insure and install works effortlessly. Since its inception in