Arthena is a quantitative investment firm focused on art assets[1] based in New York City, NY, USA[2]. The company was founded in 2016 and participated in Y Combinator's Winter 2017 batch[3]. As of its Y Combinator listing, Arthena had a team size of 12[4].
The company employs a data-driven investment strategy that analyzes artwork valuation using features including artist name, medium, date of creation, origin of location, and work size[5]. Arthena's model processes historical auction records and repeat sales data to calculate expected returns and volatility for similar groups of artwork[5]. The firm uses Monte Carlo analysis to determine annualized returns based on simulated fund performance[5].
About
- Arthena is a financial product that gives you access to the alternative asset class with the highest barrier to entry and strongest historical returns. We invest in the most liquid segment of the art market, with the lowest volatility, yielding tremendous growth uncorrelated to traditional investments. Arthena’s automated and data driven investment strategy regulates art investment by building traditional fund structures. HNWI’s can now securely and confidently diversify their portfolios into alternative assets focusing on the luxury market. Arthena has designed and built a statistically rigorous model that estimates the value of artwork over time. Since the data we obtain derives from auction records and repeat sales, our model relies on a set of features about each result. These features include include the artist’s name, medium, date of creation, origin of location and size of work. After identifying groups of work that are similar to each other, we calculate the expected ROI and estimated volatility based on the distribution of gains. Using historical auction results to simulate the performance of our funds, we leverage Monte Carlo analysis to determine annualized returns an[5]
Something wrong or missing? Send a correction. Fixed within 24 hours.