Total amount raised
$443 Millions
Latest funding date
03/01/2025
Location
Duetti has successfully raised funds through multiple rounds, with its latest being a Debt Financing round closed on March 4, 2025. The platform specializes in buying catalog rights from independent musicians, offering financial solutions that include maximum payout and instant value without debt or interest.
With 12 investors backing the company, including Truist Securities and Truist, Duetti continues to make strides in the music fintech industry. Keep reading to explore the intricacies of Duetti's fundraising journey and the investors supporting this innovative platform.
What Is Duetti?
Founded in 2022 by Christopher Nolte and Lior Tibon, Duetti operates in the financial services, fintech, and music industries. The company is headquartered in New York, New York, and employs between 11-50 people.
Duetti specializes in purchasing catalog rights from independent musicians, offering financial solutions that provide maximum payout and instant value without debt or interest. The company leverages data and social media marketing to monetize these catalogs, providing quick access to sales for a wide range of artists.
How Much Funding Has Duetti Raised?
- Seed Round
- Amount Raised: $7M
- Date: July 2022
- Lead Investors: Presight Capital
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To kickstart operations and establish a foothold in the music financing industry.
- Series A
- Amount Raised: $32M
- Date: May 2023
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand the company's catalog acquisition capabilities and enhance marketing efforts.
- Debt Financing
- Amount Raised: $75M
- Date: February 2024
- Lead Investors: Northleaf Capital Partners
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To secure additional capital for acquiring music catalog rights and expanding financial services.
- Venture Round
- Amount Raised: $15M
- Date: February 2024
- Lead Investors: Nyca Partners
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support the company's growth and operational expansion.
- Debt Financing
- Amount Raised: $80M
- Date: October 2024
- Lead Investors: Barclays
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To enhance the company's ability to acquire more music catalog rights and provide financial solutions to artists.
- Venture Round
- Amount Raised: $34M
- Date: October 2024
- Lead Investors: Flexpoint Ford
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To further expand the company's market reach and operational capabilities.
- Debt Financing
- Amount Raised: $200M
- Date: March 2025
- Lead Investors: Truist Securities
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand into publishing rights and royalty streams, providing more opportunities for independent artists.
Total Amount Raised: $443M. Current Valuation: Not publicly disclosed.
Key Investors
- Truist Securities
- Details: Truist Securities is a leading investment banking and securities brokerage firm. They provide comprehensive financial solutions to institutional clients.
- Investment Focus Areas: Financial services, investment banking, securities brokerage.
- Notable Investments: Influence Media Partners’ inaugural royalties securitization.
- Flexpoint Ford
- Details: Flexpoint Ford is a private equity investment firm specializing in the financial services and healthcare sectors. They focus on creating long-term value through strategic investments.
- Investment Focus Areas: Financial services, healthcare, private equity.
- Notable Investments: Various financial services and healthcare companies.
- Nyca Partners
- Details: Nyca Partners is a venture capital and advisory firm focused on financial technology. They aim to support innovative fintech startups.
- Investment Focus Areas: Financial technology, venture capital, advisory services.
- Notable Investments: Various fintech startups.
- Viola Credit
- Details: Viola Credit is a credit investment firm that provides flexible and creative credit solutions. They support companies with tailored financial products.
- Investment Focus Areas: Credit solutions, financial services, investment.
- Notable Investments: Various credit solutions across sectors.
- Presight Capital
- Details: Presight Capital is a global venture capital firm. They invest in innovative companies across various sectors.
- Investment Focus Areas: Global venture investments, technology, innovation.
- Notable Investments: Various global ventures.
What's Next for Duetti?
Duetti's future looks promising as it expands into royalty and publishing catalog deals, providing significant opportunities for growth. With $200 million in new debt funding, the company is well-positioned to acquire more music rights and offer financial solutions to independent artists. This expansion aligns with industry trends that see increasing value in music rights and royalties.
Future fundraising opportunities appear robust, with potential for additional equity funding and further debt facilities. However, Duetti may face challenges such as high competition in the music rights market and managing financial risks associated with large debt facilities. Ensuring transparency and fairness in deals will be crucial for maintaining trust with independent creators.
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