Paddle8 is a virtual auction house, focused on fine art, with two types of auction platforms: benefit auctions in collaboration with non-profits, and Paddle8's own bi-monthly themed auctions. Both auction platforms will offer a portion of proceeds to benefit a selection of non-profits.
Themed Auctions
Paddle8's themed auction platform provides a low cost, easy to use auction platform for buyers and sellers of fine art and collectibles.
Our commission structure is significantly discounted from market norms and is a flat 6% for vendors and 12% for buyers. Other costs, including shipping, insurance, and storage are minimized or eliminated by shipping goods directly from sellers without any intermediaries. This minimizes costs for sellers, while creating transparency and ease of purchase for buyers.
Moreover, Paddle8 does not disclose post sale records publicly so consignors can offer works anonymously and never "burn" works if they do not sell. The auctions will be curated under strong themes and prominent personalities, and will offer succinct lot information, in 8 distilled facts, including price records, news and collections.
Benefit Auctions
Paddle8's Benefit division allows institutions to run their benefit auctions either in a fully virtually capacity, whereby they open and close on Paddle8, or as a pre-selling collaboration prior to a live auction.
The platform offers an attractive opportunity for Paddle8's collectors to participate remotely in auctions from across the world, without paying the high ticket prices for attendance, and benefiting from access to great art, no buyer's premium and certain tax alleviations.
Who We Are
Co-founders' Aditya Julka and Alexander Gilkes joined forces with design firm TENDER Creative, COO Osman Khan and Creative Director Andrea Hill to form Paddle8's core team and launch the site on May 18th, 2011. Today, Paddle8 is a team of over twenty art and technology professionals.
Paddle8 is funded by Founder Collective, one of the most reputed early-stage venture capital funds having made successful bets on the likes of Makerbot, Milo and Uber as well as Mousse Partners, the private investment firm affiliated with a leading luxury goods company, with recent investments in Paperless Post and Warby Parker.
Interested in consigning art?
We accept consignments for auctions and private sales.
Have questions about Paddle8?
Visit our Frequently Asked Questions page for help in finding an immediate answer to our most commonly asked questions.