Duetti, a NYC-based music financing and catalog services company, received $200M in debt financing.
The round consisted of two new credit facilities:
- a $150M bank facility led by Truist Securities Inc., with participation from Truist Bank, alongside City National Bank and Regions Bank as Joint Lead Arrangers; and
- a $50M side facility from Viola Credit.
The company intends to use the funds to drive its continued growth and enable more music creators to access financial freedom and career-enhancing support.Ā It is expanding its offerings to support royalty and publishing catalog deals along with masters deals. In addition to purchasing royalty and publishing rights, this expansion provides catalog management and marketing opportunities for a broader set of recording artists, songwriters, producers, and other collaborators.Ā
Founded by Lior Tibon, former COO of TIDAL, and Christopher Nolte, former Business Development executive at Apple Music, Duetti provides a music financing, management and marketing platform that provides catalog monetization options for a wider range of musicians including songwriters, producers, and other sound recording collaboratorsĀ
The proprietary model provides data-driven prices for established tracks, allowing artists to sell individual tracks or even parts thereof, while Duetti then markets those tracks going forward using proprietary ROI-focused techniques.
The team of 45 full-time employees across New York, Los Angeles, Miami, and London has partnered with over 700 artists. Investors in the company include Flexpoint Ford, Nyca Partners, Viola Ventures, and Roc Nation.
FinSMEs
04/03/2025