Carter Cleveland, the son of an
art historian, founded Artsy during his senior year at
Princeton University and worked on the site from his dorm room. Cleveland's goal was for the site to serve as a place where users could discover art online. In May 2010, Artsy participated in the New York City conference,
TechCrunch Disrupt, where they competed in the Startup Battlefield and received the Yahoo! Rookie Award! A year later, the team demoed Artsy at the
Beyeler Foundation at
Art Basel (June 15, 2011). In November 2011, Artsy closed a round of financing from
Eric Schmidt,
Wendi Deng Murdoch,
Dasha Zhukova,
Larry Gagosian,
Jim Breyer,
Joshua Kushner,
Jack Dorsey,
Chris Dixon, and
Dave Morin. In 2019, it was reported that in 2018 the data for 1,070,000 accounts were stolen from Artsy. The information included the name, email address, location, IP address and password SHA-512 hashed with a salt. The passwords were not stored in cleartext, but an email from Artsy encouraged users to change their passwords. ==Corporate affairs==