DVC Deal Review #73: CODAworx

DVC's analysis of CODAworx - a startup building a central marketplace for the public art industry.

The winner of this week's deal vote is CODAworx - a Wisconsin-based startup operating a central marketplace for the public art industry!

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Now, time for the overview 👇️

$137k+

Total Raised on Wefunder

$9.54 Million

Pre-Money Valuation

The Problem:

Public art is an important part of life that serves as the “creative heart of the experience economy”. However, public art projects - from street murals to large sculptures - can be incredibly difficult to plan, organize, and install.

CODAworx gives the example of the Havre in Montreal, a “simple” sculpture which cost $750,000 to build and required extensive collaboration across multiple business sectors.

The Solution:

To help simplify and manage the development process for art projects, CODAworx has developed services, publications, and digital software to connect all members of the industry in one central location.

Through its network, art industry professionals can promote their own work, find ideas from others, and stay atop industry trends.

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