Money For Auctions

The Client Auctionata was founded in Berlin in 2012 and achieved a turnover of 81 million euros in 2015. Auctionata brings the world of unique works of art, antiques and luxury collectibles to the Internet. As the inventor of the livestream auction, Auctionata broadcasts auctions in real time and offers an online auction room accessible to bidders worldwide via desktop and mobile devices.

The Deal In June 2016, Auctionata successfully completed a growth financing round with a strategic family office. The amount of the investment will not be disclosed. IEG - Investment Banking Group has supported the management of Auctionata as financial advisor. Already during the merger with Paddle 8 IEG acted as Finacial Advisor for the management of Auctionata.