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- Sotheby’s
Sotheby’s Valuation, Funding & Investors
Sotheby’s is valued at $558M as of August 2024.
Last Sotheby’s valuation
$558M
Strategic investment · Aug 2024
Last Sotheby’s funding round
Strategic investment
Amount undisclosed · Aug 2024
Key investors in Sotheby’s
ADQ
About Sotheby’s
Sotheby’s is an auction and private-sales business founded in 1744 and headquartered operationally in New York with a global network. It arranges sales of fine art, jewellery, collectibles and luxury goods for consignors and buyers. The company also provides valuation, advisory, financing and digital marketplace services around high-value objects. Revenue is generated from buyer and seller commissions, private-sale margins, finance income and related services. Sotheby’s became privately held after its 2019 acquisition by Patrick Drahi. ADQ purchased newly issued ordinary shares, preference securities and warrants in 2024, making it a significant minority shareholder while providing capital intended to support growth and balance-sheet investment. Its physical salerooms and digital channels connect collectors, dealers, museums, estates and financial clients across markets.
HQ
Website
Status
Privately held
Customer focus
B2C
Revenue model
Commission
Valuation
$558M (Aug 2024)
Sectors
Sotheby’s Valuation
Sotheby’s is currently valued at $558M, based on its strategic investment round in August 2024. Read the announcement ↗
The round included ADQ.
Sotheby’s valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Aug 2024 | Strategic investment | $558M |
Sotheby’s Funding History
Sotheby’s has raised 1 funding round.
| Date | Stage | Investors | Valuation | Deal Summary |
|---|---|---|---|---|
| Aug 2024 | Strategic investment | ADQ | $558M | ADQ announced on 9 August 2024 that it would acquire a minority interest in Sotheby’s through newly issued capital alongside owner Patrick Drahi. The transaction completed on 30 October 2024, when ADQ acquired 24.18% of the ordinary shares for AED 2,049 million. ADQ’s audited accounts also disclose AED 1,065 million of convertible preference shares and AED 234 million of warrants issued as part of the same investment, but those separate securities are not manually summed into the valuation field. Sotheby’s operates global auctions, private sales, valuation and financing services for art, jewellery, collectibles and other luxury assets. The new capital was intended to support growth and strengthen the company’s financial position while Drahi remained the controlling shareholder. |
Who has invested in Sotheby’s?
1 investor has backed Sotheby’s across its funding rounds, including ADQ.
Sotheby’s Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
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Start Free TrialAcquisitions by Sotheby’s
Sotheby’s has acquired 4 companies to date.
Last acquisition by Sotheby’s was on September 9th 2026. Sotheby’s acquired ONE Sotheby's International Realty for undisclosed valuation.
Latest Acquisitions by Sotheby’s
| Description | ONE Sotheby's International Realty is a Miami-headquartered luxury real estate brokerage affiliated with Sotheby's International Realty. The firm specializes in high-end residential and commercial properties across South Florida, including Miami-Dade, Broward, and Palm Beach counties. | Majestic Realty Collective is a network of real estate brokerages operating under brands like Sotheby's International Realty across western U.S. markets. | Sotheby's Home is a New York-based e-commerce platform launched in 2021 as a subsidiary of Sotheby’s, focusing on consignment of luxury pre-owned furniture, vintage decor, and antiques. It handles photography, authentication, shipping, and white-glove delivery for sellers while offering buyers curated selections from brands like Roche Bobois and Knoll. The marketplace features over 5,000 items priced from $500 to $500,000, attracting interior designers and collectors across the United States. | Thread Genius is a visual search API delivering image recognition for fashion applications, identifying objects and suggesting similar styles at threadgenius.co. |
| HQ Country | ||||
| HQ City | Miami, FL | - | New York City, NY | New York City, NY |
| Deal Date | 9 Sep 2026 | 7 Jul 2026 | 13 Feb 2018 | 26 Jan 2018 |
| Valuation | undisclosed | undisclosed | undisclosed | undisclosed |
| EV/Revenue | ||||
| EV/EBITDA | ||||
This data is available for Pro users. Sign up to see all Sotheby’s acquisitions and their M&A valuation multiples. Start Free Trial | ||||
Investments by Sotheby’s
Sotheby’s has invested in 4 companies to date.
Latest investment by Sotheby’s was on June 9th 2026. Sotheby’s invested in AIM Solutions in their $600K Pre-seed round.
Latest Investments by Sotheby’s
| Description | AIM Solutions is a developer of artificial intelligence models that apply big data and automation to tourism marketing. | Mojito is a comprehensive web3 platform that equips brands and creators with tools for blockchain-based interactions. It facilitates NFT minting, digital collectibles management, and community engagement features. The platform supports seamless integration for loyalty programs, fan experiences, and tokenized assets. Mojito powers projects for entertainment companies and consumer brands entering decentralized ecosystems. With operations centered in the blockchain sector, it processes transactions across multiple networks including Ethereum and Polygon. | IfOnly is a US-based online marketplace curating experiential offerings from celebrities and experts to support nonprofits. Founded in 2013 and headquartered in San Francisco, it connects users with encounters like dinners with chefs, concerts with musicians, and adventures with athletes, raising over $20 million for causes via 10,000 experiences. Partners include luminaries from sports and arts, with transactions processed securely for global members. IfOnly merged with Priority Pass in 2017 for expanded travel perks. | ARTA is a New York-headquartered logistics platform for shipping art, design, furniture, jewelry, watches, and collectibles. Founded in 2019, its API integrates with e-commerce sites for automated quoting, white-glove packing, and tracked delivery using climate-controlled vehicles and vaults. The service supports galleries like Sotheby's, 1stdibs, and independent sellers handling multimillion-dollar transactions globally. | |
| HQ Country | |||||
| HQ City | Palermo | Boston, MA | San Francisco, CA | New York City, NY | |
| Deal Date | 9 Jun 2026 | 21 Oct 2021 | 4 Apr 2018 | 13 Sep 2017 | |
| Round | Pre-seed | Seed | Series D | Seed | |
| Raised | $600K | $20M | $20M | $3M | |
| Investors | - | Atypical Ventures; Avant Global LLC; Future Perfect Ventures; Ancient; CMT Digital; Moore Strategic Ventures | Hyatt; New Enterprise Associates; SeedInvest; Khosla Ventures; TriplePoint Capital; Mastercard; Founders Fund | v1.vc; Notation Capital; David Zwirner Gallery; Recharge Capital | |
| Valuation | undisclosed | $100M | undisclosed | undisclosed | |
| EV/Revenue | |||||
| EV/EBITDA | |||||
This data is available for Pro users. Sign up to see all Sotheby’s investments and their VC round multiples. Start Free Trial | |||||
Sotheby’s Competitors
Sotheby’s competitors include listed companies like Senco Gold, Musti Group, Al-Saif Gallery and Autohellas, and private ones like Hutouju and KSP.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $894M | $105M | $558M | 0.8x | ||
| Publicly listed | $571M | $65M | $560M | - | ||
| Publicly listed | $202M | $37M | $561M | 3.0x | ||
| Publicly listed | $1.2B | $340M | $551M | 1.3x | ||
| Private | - | - | $550M | - | ||
| Private | $38M | - | $621M | 16.3x |
Sotheby’s Public Comps
Sotheby’s is still privately-owned, but its public comps include Senco Gold, Musti Group, Al-Saif Gallery, Autohellas, Mavi, ME Group International, Zjamp Group, Briscoe Group, Auto Nejma and Electronics Mart India.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $894M | $105M | 0.9x | 0.8x | 8.0x | 9.3x | |||
| $571M | $65M | 1.5x | - | 12.7x | - | |||
| $202M | $37M | 3.0x | 3.0x | 16.3x | 17.3x | |||
| $1.2B | $340M | 1.3x | 1.3x | 4.5x | 4.5x | |||
| $953M | $153M | 0.5x | 0.4x | 3.3x | 2.3x | |||
| $424M | $165M | 1.3x | 1.4x | 3.5x | 3.7x | |||
| $7.1B | $249M | 0.1x | - | 2.8x | - | |||
| $446M | $75M | 1.4x | 1.4x | 8.5x | 8.6x | |||
This data is available for Pro users. Sign up to see all Sotheby’s competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Sotheby’s
| Where is Sotheby’s headquartered? | Sotheby’s is headquartered in New York City, NY, United States. |
| Is Sotheby’s publicly listed? | No, Sotheby’s is a private, VC-backed company. |
| What is Sotheby’s' valuation? | Sotheby’s was last valued at $558M in its strategic investment round in August 2024. |
| What was Sotheby’s' last funding round? | Sotheby’s' last funding round was a strategic investment round in August 2024. |
| Who are Sotheby’s' investors? | Sotheby’s' investors include ADQ. |
| Which companies are comparable to Sotheby’s? | Companies comparable to Sotheby’s include Senco Gold, Musti Group, Al-Saif Gallery, Autohellas, Hutouju and KSP. |
| How many companies has Sotheby’s acquired? | Sotheby’s has acquired 4 companies, including ONE Sotheby's International Realty, Majestic Realty Collective, Sotheby's Home and Thread Genius. |
| How many companies has Sotheby’s invested in? | Sotheby’s has invested in 4 companies, including AIM Solutions, Mojito, IfOnly and ARTA. |
| What was Sotheby’s' last investment? | In June 2026, Sotheby’s invested in AIM Solutions' $600K pre-seed round. |
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