Adam Fields
- CEO and Founder at ARTA
GetLatka interview
How ARTA Pivoted from a Collectibles Marketplace to a Logistics API and Passed $30K a Month in Its Second Quarter (Interview with CEO Adam Fields)
Adam Fields (CEO and Founder of ARTA) spoke to Nathan Latka on December 14, 2020.
ARTA figures from the interview
- Paying Customers (December 2020)
- 10 to 15
- Team Size (December 2020)
- 20
- Total Funding Raised
- $8,500,000
- Product and Engineering (December 2020)
- 10
“So the whole idea here is that the the collectible ecosystem in our mind is really one of the last segments of retail to be transformed by the Internet. And one of the core reasons for that is because the high friction nature around the transactions.”
“We started as a marketplace and pivoted pretty hard away from a marketplace more towards an integrated option as we saw people needing an end to end solution. So we really have an an integrated API that allows an online platform to go from click to inquire to click to buy.”
“I like to say the problem is the opportunity, and the opportunity is the problem. This kind of collectibles market is is so antiquated. And and really the struggle here is trying to find customers that have recognized that they need to digitize their businesses.”
Bio
Adam Fields is the Founder and CEO of ARTA, the shopping cart for collectibles. Prior to founding ARTA, Adam was a VP at Artspace.com, where he became hyper-aware of the difficulties and high friction nature of transitions for collectibles and unique objects. Today, ARTA is used by market leaders in the collectibles space across auctions, merchants and marketplaces worldwide. Adam holds a BA from the University of Wisconsin-Madison, and though he grew up in Downtown Chicago, he has called New York City home for 10 years.