What is UnitedMasters?
Founded in 2017 and based in Brooklyn, New York, UnitedMasters operates a distinctive platform designed to enable artists to achieve operational independence. By leveraging UnitedMasters, creators can enhance their creative output and economic gains, crucially maintaining complete ownership of their master recording rights. This model positions UnitedMasters as a key player in fostering artist autonomy within the digital music ecosystem, offering a compelling alternative to traditional industry structures.
How much funding has UnitedMasters raised?
UnitedMasters has raised a total of $170M across 3 funding rounds:
Series A
$70M
Series B
$50M
Series C
$50M
Series A (2017): $70M with participation from Alphabet, Andreessen Horowitz, and 20th Century Studios
Series B (2021): $50M led by Alphabet, Apple, and Andreessen Horowitz
Series C (2021): $50M supported by Andreessen Horowitz
Key Investors in UnitedMasters
Andreessen Horowitz
Andreessen Horowitz is a prominent venture capital firm known for investing in both early-stage startups and established growth companies, with a significant track record in technology and digital platforms.
Alphabet
Alphabet Inc., the parent company of Google, is a diversified technology conglomerate that invests in a wide range of innovative ventures, including digital services and platforms.
Alphabet
Google, a subsidiary of Alphabet Inc., is a global technology leader focused on organizing information and making it universally accessible, with a strong interest in digital content and platforms.
What's next for UnitedMasters?
The recent major strategic investment signals a new phase of growth and expansion for UnitedMasters. This capital will likely be deployed to further develop its technology infrastructure, enhance artist services, and broaden its market reach. The company's focus on artist empowerment and ownership, combined with substantial backing, suggests a strategic push to solidify its position as a leader in the independent artist services sector, potentially exploring new revenue streams and partnerships to support its artist community.
See full UnitedMasters company page