When we founded Convelio in 2017, we set out to modernise fine art logistics.
Behind that ambition was a broader conviction: the art market cannot grow without the infrastructure around it evolving too. Moving an artwork should not be slow, opaque or unnecessarily complex. By making logistics faster, more reliable, more transparent and more competitively priced, we believed we could make it easier for you to transact and operate, wherever in the world you are.
To achieve this, we built a new model combining technology with deep human expertise and, more recently, our own physical infrastructure.
Over the past nine years, we have invested heavily in bringing that model to life.
We developed the first algorithm capable of generating fine art shipping quotes in seconds instead of days, introduced end-to-end tracking so you always know where your artworks are, and built a suite of digital tools, including our Inventory Management Software, allowing you to ship, store and manage your artworks from a single place.
These investments have enabled us to scale, enhance our service and progressively raise expectations of what fine art logistics can deliver.
They are now bearing fruit: Convelio has closed its first profitable quarter, strengthening our foundations and opening an exciting new phase of growth, innovation and greater value for our clients.
This milestone validates the model we have believed in from day one. It demonstrates that a fine art logistics company combining deep expertise with technology can deliver an increasingly strong client experience while building an enduring business equipped to invest for the future.
And as technology continues to evolve, including AI, we will keep adopting it wherever it creates tangible value for you and your teams, always guided by the expertise, care and judgement that fine art logistics requires.
This achievement also comes at an important moment for Convelio. Following our recent funding round and our partnership with Phillips, we are preparing to open our New York warehouse, providing additional storage capacity and faster turnaround times on the East Coast.
Above all, this achievement belongs to our teams, whose expertise, resilience and dedication made it possible, and to every client who has trusted us along the way: from the Paris flea market dealers who believed in us at the very beginning to the leading galleries, auction houses, collectors and institutions we work with around the world today.
We are here thanks to you. Your trust, feedback and ambition have helped shape the company we have become.
And we are only getting started. There is still a great deal more to build, for you and for the art market as a whole.
Thank you,
Edouard and the Convelio team
Edouard Gouin, CEO and co-founder at Convelio