Duetti Raises $200M to Expand Indie Catalog Acquisitions and Platform

Duetti, a catalog acquisition company that focuses on the independent music sector, has secured $200 million in new funding to accelerate music catalog acquisitions and expand its technology and services globally.

New investment:

• The financing is led by a $50 million Series C equity investment by Raine Partners.

• Duetti has also secured a second, $125 million private securitization, and a $25 million increase of an existing credit facility.

• This brings the total capital raised over three years to more than $635 million, including over $100 million in equity.

Why it matters:

• The funding will enable Duetti to expand its technology infrastructure, enhance marketing services, and grow its global presence.

• The company is currently signing 80+ deals each month (2.5x YoY) on the back of its expansion into publishing rights, in addition to master recording rights.

• Duetti also provides marketing and catalog management services.

• To date the company has partnered with more than 1,100 artists, songwriters and other music creators across 40+ countries to purchase and manage portions of their music rights catalogs.

What they said:

• Lior Tibon, CEO and Co-Founder of Duetti: “The traditional music industry and the financially driven catalog buyout funds are not able to keep pace and adapt their infrastructure to the explosive growth of the independent music sector. This new funding allows us to continue building proprietary databases and systems to identify, predict, and effectively manage and support music catalogs of independent creators, the fastest growing and most exciting segment of the industry.”