Vascan

What Vascan does

Vascan (Vascan Technology Limited) is a Lagos-headquartered art-technology company building an integrated digital infrastructure for the West African art market. The company operates three product lines: Vascan Shop, a marketplace for buying and selling artworks; Vascan for Cre8ives, a portfolio and discovery platform for individual artists; and Vascan for Business, a back-office and exhibition management suite for galleries. The platform currently hosts 25+ galleries and 542+ catalogue artworks across Nigeria, Ghana, and Togo.

The underlying stack is a conventional multi-tenant web platform with PayStack integrated for local-currency (NGN) payment processing. Product extensions include Private Rooms and Virtual Exhibitions, indicating investment beyond pure listing/transaction functionality into more immersive collector experiences. There is no disclosed use of AI/ML tooling, proprietary recommendation systems, or computer-vision pipelines.

Vascan monetises galleries through a four-tier subscription — The Paper (free), The Palette (₦32,000/month), The Canvas (₦64,000/month), and The Masterpiece (₦80,000/month) — supplemented by marketplace transaction activity processed via PayStack. Its go-to-market combines direct gallery onboarding with curated partnerships (CTTM Project, Mydrim Gallery, Signature Beyond Art Gallery, Thought Pyramid Art Centre, GALÁRÌ) and physical exhibitions such as "The New Heritage" co-hosted with the CTTM Project. The company is privately held, Nigerian-domiciled, and operates with a five-person team as of the latest available data.

Name

Vascan

Legal name

Vascan Technology Limited

Website

https://vascan.io

Company type

Private

Operating status

Operating

Headcount range

1–10 employees

Short description

Vascan is a Lagos-based art technology platform serving African galleries, artists, and collectors. It operates Vascan Shop (marketplace), Vascan for Cre8ives (artist portfolios), and Vascan for Business (gallery management) across Nigeria, Ghana, and Togo.

Ownership category

akta.pro rank

Product category

Art Marketplace & Gallery Management Software

NAICS

Art Dealers (459920), Photographic Services (54192)

SIC

Services-Amusement & Recreation Services (7900), Services-Mailing, Reproduction, Commercial Art & Photography (7330)

akta.pro industry

PRIMARYHSACAHAN

Tour & Artist Management Services

Home & Personal Services/Event & Personal Concierge Services/Entertainment Booking & Talent Management

SECONDARYMPAIAGAI

Merchandising & D2C Management (Artists)

Media, Entertainment & Sports/Music & Audio (Recording, Publishing, Streaming)/Artist Management & Agencies

Keywords

• Art marketplace platform
• Gallery management software
• Creative portfolio platform
• Art e-commerce solutions
• Virtual exhibition platform

Headquarters

HQ city

Lagos

HQ country

Nigeria

HQ region

Africa

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Software

Cost components

Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure

Revenue model

1. Art Sales Commission: Vascan charges commission fees on all sales made through the platform. Gallery agrees that Vascan has the right to use, reproduce, and display any images, descriptions, or other content provided in connection with listings for promotion or advertising.
2. Subscription Plans: Three-tier subscription model for art businesses: The Palette (₦32,000/month), The Canvas (₦64,000/month), The Masterpiece (₦80,000/month). Annual subscriptions offer 17% savings. Commission fees are agreed upon separately in a separate agreement between gallery and Vascan.
3. Payment Processing: Payments processed by PayStack; Vascan handles payment processing from customers and remits proceeds minus commission fees to galleries.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels8 records

Core offering

Vascan operates a web-based art ecosystem platform for Africa's creative economy, offering three integrated products: Vascan Shop (an online marketplace where collectors discover and purchase African art), Vascan for Cre8ives (a portfolio and project presentation platform for individual artists, photographers, and writers), and Vascan for Business (subscription-based gallery management software with inventory tracking, invoicing, payment processing, team management, event publishing, and virtual private exhibition rooms).

Product overview

Vascan is a multi-platform art ecosystem for Africa's creative economy, consisting of three main product lines: Vascan Shop (art marketplace for collectors), Vascan for Business (management tools for galleries and art businesses), and Vascan for Cre8ives (portfolio building for individual artists). The platform also offers subscription-based modules including inventory management, invoicing and payments with PayStack integration, e-commerce synchronization, client/team management, event management, virtual private rooms, and bulk data import. Vascan connects creatives, collectors, and art businesses through a unified digital infrastructure.

Differentiator

Problem solved

Functional benefit

Brands

• Vascan for Cre8ives: Portfolio and creative platform for artists, photographers, and writers to present their work professionally, organize projects, and share a portfolio link.
• Vascan Shop
• Vascan for Business

Products and services

• Vascan Shop An online marketplace where individual and institutional collectors discover and purchase African art from verified galleries and artists, with integrated payment processing via PayStack.
• Vascan for Business A subscription-based gallery management software for art galleries, museums, and art-led brands offering inventory management, invoicing, integrated payments, team and client management, event publishing, virtual private exhibition rooms, and bulk data import.
• Vascan for Cre8ives A portfolio platform that enables professional artists, photographers, and writers to present their work, organize projects, and share a portfolio link for discovery and networking across Nigeria and Africa.

Quantifiable outcome

• 97% satisfaction rate among platform users
• +2 more outcomes

Named customers12 records

Segments5 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Feature7 records

Partnerships

Seven partnerships are on record, tiered core and minor.

• CTTM PROJECTcoreStrategic or Co-development Partner · 3 May 2025CTTM PROJECT partnered with Vascan for 'The New Heritage: Rising Artists Re-Defining Art in Nigeria, 2025' exhibition. This hybrid group exhibition brought together 11 Nigerian artists with 22 works, launching with a grand opening at GALARI, Lagos, and virtual viewing on Vascan platform from May 3-31, 2025.
• Mydrim GallerycoreGTM or Marketing PartnerMydrim Gallery collaborates with Vascan as an online gallery partner. Vascan provides broader audience reach beyond the physical gallery, enabling the gallery to showcase artworks to a wider collector base.
• Signature Beyond Art GallerycoreGTM or Marketing PartnerSignature Beyond Art Gallery partnered with Vascan, an innovative online platform transforming art marketing landscape. Vascan provided invaluable support in reaching collectors and marketing exhibitions.
• The Children's Art GalleryminorGTM or Marketing PartnerThe Children's Art Gallery works with Vascan platform for gallery management and art sales, appreciating the professional communication and optimization of offerings.
• GALÁRÌcoreGTM or Marketing PartnerGALÁRÌ partnered with Vascan as the venue for 'The New Heritage' exhibition, serving as the physical location (30 Oluwaleimu Street, off Allen, Ikeja Lagos) while Vascan provided the online viewing platform.
• PayStackcoreTechnology or IntegrationPayStack is the payment processing partner for Vascan, handling all payment transactions on the platform. Payments are processed in Nigerian Naira (₦) accepting major credit cards and debit cards.
• Thought Pyramid Art CentrecoreGTM or Marketing PartnerThought Pyramid Art Centre runs the 'Next of Kin' juried art project in partnership with Vascan, using the platform for virtual exhibitions and artist visibility.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Artnet: Artnet operates one of the world's leading art marketplaces alongside auction house databases and price databases. It is comparable to Vascan as a digital infrastructure layer for the art market, though Artnet's scale and breadth across auctions, galleries, and analytics vastly exceeds Vascan's regional focus.
• 1stDibs: 1stDibs is a luxury online marketplace featuring art, furniture, jewelry, and fashion from vetted dealers and galleries globally. Comparable to Vascan as a curated marketplace model serving galleries and collectors, though 1stDibs is a much broader luxury platform rather than art-specialized.
• Saatchi Art: Saatchi Art is a leading online art gallery featuring original artwork from artists worldwide, offering discovery, framing, and shipping services. Comparable to Vascan Shop as an online art buying destination, though Saatchi serves a global collector base with deeper inventory.
• Artsy: Artsy is the largest global online art marketplace connecting collectors with galleries, artists, and auctions. It is directly comparable to Vascan in providing an online discovery and transaction platform for art buyers, though Artsy operates globally while Vascan focuses on Africa.

Direct peers

• Singulart: Singulart is an online art gallery connecting collectors with contemporary artists worldwide, with gallery partnership programs. Highly comparable to Vascan's three-sided model (artists, galleries, collectors) and curated marketplace approach.
• Artsper: Artsper is a European online art marketplace offering curated artworks from partner galleries and direct sales from artists. Most directly comparable to Vascan in business model — online gallery platform connecting artists, galleries, and collectors — though Artsper serves Europe while Vascan serves Africa.
• Artmajeur: Artmajeur is an online art gallery and marketplace that allows artists to create portfolios and sell directly to buyers. Comparable to Vascan for Cre8ives in offering portfolio and direct-sales tools for artists, with a similar three-sided model approach.
• Rise Art: Rise Art is a curated online art marketplace based in the UK that sells contemporary art from a network of artists. Comparable to Vascan Shop in offering an online destination for art discovery and purchase, though Rise Art is geographically focused on UK/EU collectors.

Regional players

• Jumia: Jumia is Africa's leading e-commerce platform operating across multiple African countries. Comparable to Vascan as a regional e-commerce infrastructure for African markets, though Jumia is a broad horizontal marketplace while Vascan is art-vertical specialized — Jumia represents both a potential distribution partner and a horizontal competitor.

Emerging players

• Artsy Africa (Africa Online Art Gallery): Africa-focused online art platforms promoting contemporary African artists to international collectors. Most comparable to Vascan in geographic focus on African art, though these platforms are typically smaller and lack the gallery management SaaS component that Vascan provides.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/vascan

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Vascan