Artmarket.com CEO increases equity stake to fund AI transformation

Thierry Ehrmann, the founder and CEO of Artmarket.com, and his family are increasing their equity stake in the company. This move is intended to support the ‘AI-first’ transformation of Artprice by Artmarket.com.

The investment focuses on the development of proprietary vertical AI solutions, specifically ‘Intuitive Art Market’ and ‘Blind Spot’. The Ehrmann family and the majority shareholder, Groupe Serveur, aim to support the continued expansion of the art market information leader.

Company representatives clarified that these transactions are intended to reaffirm confidence in the company’s future and are not intended to initiate a takeover bid or squeeze-out offer. All transactions will be filed with the French Financial Markets Authority (AMF) in accordance with regulatory requirements.