ARTFEED — Contemporary Art Intelligence

Convelio Secures Investment, Expands AI Logistics and New York Storage with Phillips Partnership

market-auction · 2026-04-15

On April 14, 2026, Convelio, a logistics firm specializing in fine art and based in Paris, revealed new funding from a prominent French family with connections to the art sector. This investment will bolster its AI-driven inventory management system and facilitate the launch of a third storage facility in New York by autumn 2026. Convelio has also formed a global logistics alliance with auction house Phillips for post-sale services in London, New York, and Hong Kong. In 2025, the company transported art valued at $1.84 billion to 92 nations, catering to 3,000 art businesses. Established in 2017, Convelio provides instant quotes and real-time tracking, with CEO Edouard Gouin highlighting AI's importance in improving accessibility. By 2029, the company aims to increase its global storage sites from two to five.

Key facts

  • Convelio secured new investment on 14 April 2026
  • Investment from a French entrepreneurial dynasty with art market ties
  • Partnership with Phillips as global logistics partner for post-sale services
  • New York storage facility to open by autumn 2026
  • Shipped $1.84 billion worth of art to 92 countries in 2025
  • Serves 3,000 art businesses with fastest growth from $1M+ collectors
  • AI system reduced shipping costs by 46% vs traditional shippers
  • Plans to expand from two to five global storage locations by 2029

Entities

Institutions

  • Convelio
  • Phillips
  • Acton Capital

Locations

  • Paris
  • France
  • New York
  • United States
  • London
  • United Kingdom
  • Hong Kong

Sources