DegreeArt.com, powered by Artellite, ranks #7 in the top 25 Hiscox Online Art Trade Report.
Rising 12 places since 2018, DegreeArt came in at #7 following Bonhams (#6), Artnet (#5), Philips (#4) , Artsy (#3), Christies (#2) and Sotheby’s (#1). DegreeArt was the highest ranking ecommerce primary online sales platform.
The company ranked #5 in the trust table.
Experiencing the highest growth in the rankings, which Co-Founder Elinor Olisa attributes to the company’s significant focus and investment in both online and offline endeavours, DegreeArt and their complimentary brands (Contemporary Collective, DegreeArt.cn and ArtProQuo all powered by their proprietary technology Artellite) are seeking to create a greater level of transparency across the online art industry, through identify and implementing much needed best practice for artists, galleries and collectors buying and selling online.
By focusing on how the online can support and enhance the offline traditional art market (as opposed to replacing it), Artellite powered galleries seek to successfully combine the fundamental aspects of what makes the art world so important to so many and crucially ensure its legacy. (Elinor Olisa, Co-Founder)
Bonhams also experienced a growth from 10th to 6th place whilst Philips rose 2 places with Sotheby’s achieving a 2 place rise overtaking last year’s #1 Christies.
The Hiscox Online Art Trade Report highlights the growth in the online art market, which increased 9.8% in aggregate in 2018 to $4.64 billion.
Read and download the full report here: The Hiscox Online Art Trade Report 2019
One of the UK's first Online Art Galleries, over the past 12 years, DegreeArt.com has established itself as the market leader in UK student & graduate art sales, hand picking & promoting the most promising talent. We are not just an online gallery! As well as selling, commissioning and renting the finest artwork created by the artists emerging from the most prestigious art establishments, DegreeArt.com runs an Artists' Residency and Exhibition programme from its gallery and takes part in Art Fairs throughout the year. DegreeArt.com offers clients the opportunity to invest in the artists of the future while helping artists grow their careers.
DegreeArt.com is run by founding partners Isobel Beauchamp and Elinor Olisa whose aim is to make the highest quality, handpicked, original art accessible and affordable for all.
For Press Enquiries or interviews, please contact Yossi Curtis Yossi@Artellite.co.uk (0)20 3701 7412