Duetti Raises $200 Million to Acquire Independent Music Catalogs and Grow Company

Duetti, a firm specializing in acquiring music catalogs from independent artists, has announced a significant $200 million funding round. This capital injection, intended to speed up its catalog purchases and broaden its technological and international reach, comprises three parts. A $50 million Series C equity investment is led by Raine Partners, supplemented by a new $125 million private securitization and a $25 million expansion of an existing credit line.

This latest raise brings the company's total funding over the last three years to more than $635 million, which includes over $100 million in equity. To date, Duetti has established partnerships with upwards of 1,100 artists, songwriters, and creators, purchasing and managing portions of their music rights. The company reports it is now closing over 80 deals monthly and has expanded its focus beyond master recording rights to include publishing rights as well. Duetti also offers marketing and catalog management services to its partners, providing a suite of tools often associated with traditional labels.

The funding will be directed toward expanding Duetti's proprietary technology infrastructure, enhancing its marketing services, and increasing its global footprint. In connection with the equity investment, Joe Puthenveetil, a Partner at The Raine Group, will join Duetti's Board of Directors. The Raine Group, a global merchant bank focused on technology, media, and telecommunications, has been a significant investor in the media landscape, backing companies like DraftKings and Axiom Space.

"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," explained Lior Tibon, CEO and Co-Founder of Duetti. He added that this new capital will allow the company to continue building systems to identify, predict, and manage catalogs for this dynamic market segment. Industry analyst Maria Chen of SoundScan Insights notes, "Duetti's model taps into a crucial need. As streaming fragments listener attention, independent artists seek sophisticated partners who can provide both capital and data-driven marketing to maximize their catalog's long-term value."

Expressing confidence in Duetti's direction, Joe Puthenveetil and Fred Davis, partners at The Raine Group, stated, "We are excited to partner with Lior and team as they develop a next-generation music company that empowers independent creators. Duetti has democratized the industry by enabling artists at every stage of their careers to monetize their rights and access the marketing and growth resources offered by a modern label and publisher." This approach reflects a broader shift in the music business, where access to data analytics and flexible financing is becoming as critical as upfront advances for a growing number of artists.