When was Sotheby's founded?

Sotheby's was founded in 1744 and raised its 1st funding round 272 years after it was founded.

Where is Sotheby's located?

Sotheby's is headquartered in New York City, United States. It is registered at New York,New York.

How many employees does Sotheby's have?

As of Jun 30, 2026, the latest employee count at Sotheby's is 3058.

Is Sotheby's a funded company?

Sotheby's is a funded company, having raised an undisclosed amount across 2 funding rounds to date. The company's 1st funding round was a $***** Post IPO round, raised on Jul 28, 2016.

How much is Sotheby's worth?

The last known valuation of Sotheby's was $***** as of Jun 17, 2019.

When was the latest funding round of Sotheby's?

Sotheby's' latest funding was a $***** Conventional Debt round on Oct 14, 2019, with participation from 1 investor.

What is the annual revenue of Sotheby's?

Annual revenue of Sotheby's is more than $1B as on Dec 31, 2018

Where does Sotheby's rank among its competitors?

Sotheby's ranks 3rd amongst 23 active competitors, only 1 of which is funded. Itsy Bitsy, which secured $2.55M in Jan, 2025.

Who are the top competitors of Sotheby's?

Sotheby's' top competitors include Party City, Michaels and Hobby Lobby. Among them, Itsy Bitsy secured the most recent funding round in January, 2025.

Sotheby's - 2026 Company Profile, Funding, Competitors & Financials

Q: Is Sotheby's an acquired company?

Sotheby's got acquired by Patrick Drahi on Jun 17, 2019.

Sotheby's is an acquired company based in New York City (United States), founded in 1744. It operates as a Fine art auction house. Sotheby's has raised an undisclosed amount in funding, with last known valuation of $*****. The company has 23 active competitors, including 1 funded and 7 that have exited. Its top competitors include companies like Party City, Michaels and Hobby Lobby.

Company Details

Website: www.sothebys.com/en/
Social
Registered Address: New York,New York

Key Metrics

Founded Year

1744

Location

New York City, United States

Stage

Acquired

Latest Funding Round

Conventional Debt, Oct 14, 2019, $*****

Last Known Valuation

$***** as on Jun 17, 2019

Investors

BNP Paribas & 2 more

Ranked

3^rd among 23 active competitors

Annual Revenue

$1B+ as on Dec 31, 2018

Employee Count

3,058 as on Jun 30, 2026

Investment & Acquisitions

Concierge Auctions & 6 more

Similar Companies

Party City & 22 more

Exit Details

Acquired by Patrick Drahi (Jun 17, 2019)

View Sotheby's' full profile

Sotheby's is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
SOTHEBYS CIN: 823094 , United States, Active	Mar 29, 2006	$1B+ (As on Dec 31, 2018)	-	-
SOTHEBYS, INC. CIN: 382478406 , United States, Active	Dec 31, 1999	-	814 (As on Dec 31, 2024)	-

Sotheby's got acquired by Patrick Drahi on Jun 17, 2019 at an acquisition amount of $*****.

Click here to take a look at Sotheby's's acquisition in detail

Sotheby's has raised funding over 2 rounds. Its first funding round was on Jul 28, 2016. Its latest funding round was a Conventional Debt round on Oct 14, 2019 for $*****. 1 investor participated in its latest round. Sotheby's has 3 institutional investors.

Here is the list of recent funding rounds of Sotheby's:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 14, 2019	2498136	Conventional Debt	2088332	7001926	9975206	7915612
Jul 28, 2016	8867174	Post IPO	5676950	4634990	2476955	Taikang Insurance Group

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View details of Sotheby's's funding rounds and investors

Sotheby's' employee count trend

Sotheby's has 3,058 employees as of Jun 26. Here is Sotheby's's employee count trend over the years:

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Top competitors of Sotheby's include Party City, Michaels and Hobby Lobby. Here is the list of Top 10 competitors of Sotheby's, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Party City 1986, Rockaway (United States), Acquired	Internet first brand of party supplies	$10M	Weston Presidio, Cohesive Capital & 1 others	75/100
2nd	Michaels 1973, Irving (United States), Acquired	Art and craft retail chain	$10M	Michael & Susan Dell Foundation, SunTrust Robinson Humphrey ... & 8 others	67/100
3rd	Sotheby's 1744, New York City (United States), Acquired	Fine art auction house	-	BNP Paribas, Taikang Insurance Group & 1 others	63/100
4th	Hobby Lobby 1972, Oklahoma City (United States), Funding Raised	Retailer of arts, crafts, and home decor supplies	-	TD Bank, Gen Cap America	52/100
5th	Itsy Bitsy 2004, Bengaluru (India), Seed	Retail chains of art & craft	$2.55M	Mudhal Partner, iThought & 8 others	47/100
6th	Jo-Ann Stores 2008, Cleveland (United States), Public	Retailer of fabrics, sewing supplies, and craft materials	-	Saints Capital	45/100
7th	Hobbycraft 1995, Christchurch (United Kingdom), Acquired	Retailer of arts, crafts, and hobby supplies	-	Bridgepoint Capital	44/100
8th	Archies Limited 1979, Delhi (India), Public	Retailer of gifts, greeting cards, and personal care items	-	Brand Capital	43/100
9th	MANJUSHA 2017, Kolkata (India), Unfunded	Promoting and marketing of handicrafts and handloom products	-	-	33/100
10th	DeSerres 1908, Montreal (Canada), Acquired	Provider of securities trading and depository services	-	-	26/100

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Sotheby's has made 2 investments in companies including Mojito and IfOnly. Sotheby's has also acquired 5 companies including Concierge Auctions and Viyet.

Here is the list of investments & acquisitions:

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Nov 17, 2021	Acquisition	Concierge Auctions	2008	New York City (United States)
Oct 21, 2021	Investments	Mojito	2021	New York City (United States)
Feb 13, 2018	Acquisition	Viyet	2012	New York City (United States)