Total amount raised
$443 Million
Latest funding date
03/01/2025
Location
Duetti has successfully navigated 7 funding rounds, securing investments from 11 investors, including notable names like Truist Securities and Viola Credit. The platform specializes in buying catalog rights from independent musicians, offering them financial flexibility without incurring debt or interest.
Duetti's straightforward approach allows music creators to sell as much or as little of their catalog as they want, with the promise of getting paid within 30 days. Keep reading to explore the intricacies of Duetti's fundraising journey and the investors backing this innovative platform.
What Is Duetti?
Duetti operates within the Financial Services, FinTech, and Music industries, providing a unique platform for independent musicians to sell their catalog rights. The company is based in New York, United States, and employs between 11 and 50 people.
Founded to offer financial flexibility to music creators, Duetti ensures that artists receive maximum payouts without incurring debt or interest. The company specializes in straightforward, customizable deals, allowing musicians to get paid within 30 days.
How Much Funding Has Duetti Raised?
- Debt Financing
- Amount Raised: USD 200,000,000
- Date: March 2025
- Lead Investors: Truist Securities
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand business focus to include royalty and publishing catalog deals alongside recordings.
- Debt Financing
- Amount Raised: USD 80,000,000
- Date: October 2024
- Lead Investors: Barclays
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To continue acquiring catalog rights and expand operations.
- Series Unknown
- Amount Raised: USD 34,000,000
- Date: October 2024
- Lead Investors: Flexpoint Ford
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To enhance platform capabilities and support more artists.
- Series Unknown
- Amount Raised: USD 15,000,000
- Date: February 2024
- Lead Investors: Nyca Partners
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand operations and acquire more catalog rights.
- Debt Financing
- Amount Raised: USD 75,000,000
- Date: February 2024
- Lead Investors: Northleaf Capital Partners
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support the acquisition of more catalog rights and enhance platform capabilities.
- Series A
- Amount Raised: USD 32,000,000
- Date: May 2023
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To scale operations and expand market reach.
- Seed
- Amount Raised: USD 7,000,000
- Date: July 2022
- Lead Investors: Presight Capital
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To launch the platform and begin acquiring catalog rights.
Duetti has raised a total of USD 443,000,000. The current valuation is not publicly disclosed.
Key Investors
- Truist Securities
- Details: Truist Securities is a major financial services company that has participated in multiple debt financing rounds for Duetti. They led a $150 million credit facility for the company.
- Investment Focus Areas: Financial services, large-scale financial transactions, investments.
- Notable Investments: Influence Media Partners’ inaugural royalties securitization.
- Viola Credit
- Details: Viola Credit is a credit investment firm that provides flexible and creative credit solutions to growth-stage technology companies. They contributed $50 million via a side facility to Duetti.
- Investment Focus Areas: Growth-stage technology companies, credit facilities, financial support.
- Notable Investments: Various high-growth companies through credit facilities.
- Flexpoint Ford
- Details: Flexpoint Ford is a private equity investment firm specializing in the financial services and healthcare sectors. They have invested in Duetti to support its platform capabilities and artist support.
- Investment Focus Areas: Financial services, healthcare.
- Notable Investments: Investments in financial services and healthcare companies.
- Nyca Partners
- Details: Nyca Partners is a venture capital and advisory firm focused on financial technology (fintech) companies. They have invested in Duetti to help expand operations and acquire more catalog rights.
- Investment Focus Areas: Financial technology (fintech).
- Notable Investments: Investments in fintech companies.
- Presight Capital
- Details: Presight Capital is a global venture capital firm that invests in technology-driven companies. They were a lead investor in Duetti's seed round.
- Investment Focus Areas: Technology-driven companies.
- Notable Investments: Investments in technology-driven companies.
What's Next for Duetti?
Duetti's future looks promising as it expands into royalty and publishing catalog deals, offering indie artists new ways to monetize their work. With $200 million in new debt funding, the company is well-positioned to acquire more music rights and provide comprehensive catalog management and marketing services.
Future fundraising opportunities appear bright, with potential for additional equity and debt financing to support their growing portfolio. However, Duetti will need to navigate high competition and the complexities of managing diverse music rights to maintain its edge in the market.
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