Vastari

Vastari is an online service provider that connects museums, exhibition producers, venues, collectors and suppliers for more efficient exhibitions. Vastari's headquarters is located in London, England, with regional representatives in several countries around the world.[1]

Vastari
HeadquartersLondon, United Kingdom
Websitewww.vastari.com

Services

Vastari allows private collectors to upload their objects to a secure online database while remaining anonymous. Registered and verified museums have access to search the database for works relevant to future exhibitions.[2]

Art owners can share their art with curators who will research their collections and put the works into art historical context and exhibition programming.[3] "The system includes two search engines: one database of museum object requests, for collectors to browse and a search engine of art objects for museums to consider for exhibition."[4]

Vastari built the Touring Exhibition platform "Vastari Exhibitions" (formerly known as VTEN),[5] where museums and other exhibition producers can list and exchange exhibitions with other institutional and private venues around the world.

As of August 2017, Vastari had access to over 400,000 works, and has around 900 museums registered.[6]

Judged by leading technology companies such as Uber, Google, and Virgin StartUp,[7] Vastari was included in the 2017 Disrupt 100 list, an annual Tällt Ventures publication, presenting businesses with the most potential to influence, change, or create new global markets.[8]

In July 2021, Vastari launched a subsidiary company, Vastari Labs in order to help art industry professionals learn to utilize new cutting edge technologies such as non-fungible tokens (NFTs), Cryptoart, Blockchain, Ethereum or Tezos, Smart Contracts, Metaverse and Web3.[9]

INSOLVENCY: In April 2022, Vastari Group Ltd was deemed insolvent. Chief Executive Officer, Bernadine Jorien Karena Brocker Weider, made the decision to place the Company into administration, and Resolve Advisory LLP were appointed administrators on 20 April 2022, with unsecured creditors owed >£250,000.

Funding

Vastari is a privately funded company. They completed the Microsoft Ventures Accelerator Programme.[10][11] On 5 February 2016, the company announced a major fundraising round from private investors in the tech and art space.[12]

Founders

The company was founded by two art historians - Bernadine Brocker Wieder and Francesca Polo.[13]

References
  1. Marchesoni, Maria Adelaide (2 June 2014) Vastari: un nuovo link per collegare collezionisti e musei, Il Sole. Retrieved 29 June 2014.
  2. Vastari New Service Connecting Collectors with Curators Online Launches ArtDaily. Retrieved 2 July 2014
  3. "Collections Trust - Curators Gain Unprecedented Access to Works in Private Collections | Collections Trust". Collections Trust. Retrieved 2016-02-09.
  4. Ardia, Mai (21 February 2014) How the Internet is Changing the Art Business: 6 Exciting Start Ups, Art Radar. Retrieved 20 May 2014
  5. "Vastari Exhibitions Product Page". Retrieved 2019-11-22.
  6. L.S. (30 Jun 2014) Il progetto Vastari Exhibition Connection sbarca in Italia, La Stampa. Retrieved 3 July 2014
  7. Virgin StartUp.
  8. Disrupt 100.
  9. "Vastari Labs". www.vastari.com. Retrieved 2021-09-21.
  10. Microsoft Ventures Accelerator Programme, Microsoft.
  11. Savvas, Antony (13 December 2013) Microsoft Expands Global Startup Accelerator Program In The UK, Forbes. Retrieved 4 May 2014.
  12. Villarreal, Ignacio. "Vastari Group completes significant seed funding round". artdaily.com. ArtDaily. Retrieved 2016-02-09.
  13. "Vastari History". Retrieved 22 Nov 2019.


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