PARIS/LONDON: February 05, 2019. Specialist art and antiques shipper Convelio has raised €1.85 million in funding for its click-and-ship service.

"This exceptional investment by Global Founders Capital (GFC), as well as several other business angels, gives Convelio an additional boost, enabling us to accelerate our development,” said founders Edouard Gouin and Clément Ouizille.

“The incredibly expensive estimates from legacy carriers in the sector typically take 48 hours and that's what we want to change, not only by expanding our services, but more importantly by developing solutions that facilitate a click-and-buy experience,” they added.

Convelio is a digital fine-art shipping service with the ability to provide instant quotes from anywhere within and from Europe to the US, Canada, Hong-Kong, Singapore, China and Japan. The company uses a proprietary algorithm and its own technology platform with the goal of providing faster, cheaper and broader shipping services.

"This fundraising allows us to consolidate many of the operational and technological points necessary to accomplish our mission,” said Gouin. “All the investments made thanks to this round will allow the complete development of the Convelio platform to offer simple and affordable logistics capable of offering instant estimates.”