Duetti Raises $114M in Funding
Summary
This includes $34m in equity financing led by Flexpoint Ford, along with participation from existing investors Nyca Partners and Viola Ventures. Additionally, Duetti completed its inaugural $80m privately rated asset-backed securitization (ABS) transaction, backed by a highly diversified music rights catalog. The company intends to use the funds to accelerate its acquisition of music catalogs and expand its proprietary forecasting, pricing, sourcing, and marketing technology. In addition to immediate access to capital, the company’s optimization services have helped artists maximize distribution and audience impact across all platforms, driving significant increases in streams and visibility. Additionally, Duetti completed its inaugural $80 million privately rated asset-backed securitization (ABS) transaction, backed by a highly diversified music rights catalog.