Duetti Secures $114 Million in New Funding

Duetti, a music investment platform focused on independent artists, has successfully raised $114 million in funding, which includes an $80 million asset-backed securitization (ABS) and $34 million in equity financing led by Flexpoint Ford. This marks the first instance of independent music rights being securitized with institutional Wall Street investors, a move expected to enhance access to differentiated financing for indie artists. The new capital will be used to acquire music catalogs and enhance Duetti's technological capabilities in forecasting and marketing. Co-founder and CEO Lior Tibon emphasized the company's commitment to educating capital markets on the long-term value of the independent music sector, noting the unprecedented growth of independent artists. Since its launch in 2023, Duetti has raised over $235 million, making it the top music startup in terms of funding over the past three years. The company is also expanding its marketing reach through platforms like Spotify and YouTube to increase visibility for its artist partners.