Revolutionary New Art Platform Raises Almost 50% Of Its Crowdfunding Target

FULHAM, U.K. - Oct. 11, 2015 - PRLog -- LONDON, Fulham, 2015 New startup ONGallery announced today that it is raising funds via an equity crowdfunding campaign on CrowdCube to complete the development of their revolutionary online art buying platform that aims to change the way that people buy art.

But This comes as no surprise to online art specialists at ONGallery, as the online art market is “exploding”! The internet offers the visual art market great opportunity for growth, and ONGallery is at the forefront of this revolution.

The global art market is currently estimated to be worth $100bn, which makes it larger than music, film or games; the online market is now worth $2.2bn and last year grew at an astounding 68%. The UK currently transact $22bn of this worldwide market.

Hiscox Online Art Trade Report (2015) predicts growth in online sales from $1.57bn in 2013 to $6.3bn by 2019.

This makes investing in ONGallery a low risk step. In the past couple of years’ millions of dollars have been invested in online sales platforms.

• 2013 Artspace received $8.5m (£5.2m) of investment
• Paddle8 received $6m (£3.6m) of investment – with investors including Damien Hirst and Jay Jopling.
• Vango raised $2.2m just last month.

In addition, in 2013, with launch of Amazon Art, the world largest online retailer, entered this space creating a marketplace for art galleries. ONGallery was accepted to be one of the Amazon Art handpicked sellers in September 2015.

Authentic, Limited Edition Art and Photography at Affordable Prices

ONGallery, offers a liberating alternative to expensive and intimidating galleries and their creative pricing, by connecting enthusiasts who love art, with artists who create great art, at prices they can afford.

Founding shareholders include Sir John Hegarty, founder of advertising giant BBH, and Tom Teichman, a leading venture capitalist.

Crowdfunding campaign: https://www.crowdcube.com/investment/ongallery-20616

Website to link to: ONGallery.com