Overview

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Acquisitions
1 Acquisition
Total Equity Funding
$116M in 3 Rounds from 5 Investors
Headquarters:
New York, NY
Description:
Through technology, Kobalt offers an alternative to the traditional music business model. Publishing, label services, & neighboring rights.
Founders:
Categories:
Marketing, Music, Independent Music
Website:
http://www.kobaltmusic.com
Social:

Company Details

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Kobalt provides technology solutions for a more transparent, efficient and empowering future for rights owners. Regardless of how complex the music industry becomes, Kobalt is determined to create a future where every artist, songwriter and publisher is paid fairly and accurately.

Kobalt's Music Publishing, Label Services and Neighbouring Rights divisions each offer a modern alternative to the traditional music business model, empowering creators with transparency, flexibility, ownership and control. With over 275 employees in offices around the world, Kobalt represents over 8,000 artists and songwriters, 600,000 songs and 450 publishing companies, providing them with real-time, powerful, transparent reporting through the award-winning Kobalt Portal. Kobalt also services its clients with global licensing management, works and rights distribution, royalty collection and processing, online data and royalty statements, creative services, synch & brand partnerships, record release management and digital marketing.

Kobalt works with some of the world's greatest artists and songwriters, representing on average over 40% of the top 100 songs and albums in both the US and UK. Kobalt clients include Maroon 5, Lenny Kravitz, Dave Grohl, Max Martin, Bob Dylan, Pitbull, Ellie Goulding, Macklemore & Ryan Lewis, One Republic, Simon & Garfunkel, Passenger, Akon, Ryan Tedder, Paul McCartney and MPL Communications, Disney Music Group, Dr Luke, David Gray, Big & Rich, Stevie Nicks, Gwen Stefani, Nick Cave and the Bad Seeds, Noah Shebib, Thom Yorke, The Hives, The Lumineers, Richard Ashcroft, Björk, Kelly Clarkson, Gotye, Skrillex, Herbie Hancock, Moby, Kid Cudi, Joss Stone and the Miles Davis catalog among many others.

Funding Rounds (3) - $116M

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DateAmount / RoundValuationLead InvestorInvestors
Feb, 2015$60M / Series C2
Oct, 2013$40M / Series B2
Feb, 2008$16M / Series B2

Acquisitions (1)

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DateAcquiredAmount
Jan 1, 2012Unknown

Investments (1)

DateInvested InRoundPartner(s)
Jul, 2016undisclosed amount / Undisclosed

Current Team (11)

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Funds (1)

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AnnouncedNameAmount
Jun, 2014Kobalt Digital Royalty Fund$140M

Competitors (1)

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  • The Orchard is a music distribution, marketing and sales company for artists and labels to distribute content to digital and mobile outlets.

Offices/Locations (8)

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  • New York Office

    220 West 42nd St

    11th Flr

    New York, NY 10036

    USA

  • Nashville Office

    1019 17th Avenue S.

    Suite 201

    Nashville, TN 37212

    USA

  • Los Angeles Office

    8201 Beverly Boulevard

    Suite 400

    Los Angeles, CA 90048

    USA

  • Sweden Office

    Fleminggatan 61 NB PL2

    Stockholm, 111 22

    SWE

  • Atlanta Office

    83 Walton Street NW

    Suite 400

    Atlanta, GA 30303

    USA

  • Germany Office

    Oberwallstrasse 1

    Berlin, 10117

    DEU

  • London Office

    4 Valentine Place

    London, SE1 8QH

    GBR

  • Australia Office

    24-30 Springfield Ave Suite 203

    Potts Point

    Sydney, 2011

    AUS

Images (2)

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