# Kobalt Music Group

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/kobalt-music-group

- Industry: Business Support Services
- Headquarters: New York, US
- Website: www.kobaltmusic.com
- Total disclosed funding: $165M
- Latest round: Series D (Oct 12, 2017)
- Investors on record: 6

## About

Based in New York, US, and founded in 2000 by Willard Ahdritz, Kobalt Music Group Limited provides technology solutions to support creative freedom, control, ownership, and transparency for publishers, songwriters, artists, and labels. In May 2019, Kobalt Music Group Limited raised CAD 1 million in venture funding led by the company's management, with participation from Version One Ventures. The company has raised a total of USD 305.74 million in funding. In March 2026, Primary Wave Times Music Holdings LLC, a portfolio company of Brookfield Asset Management, Brookfield, 
BlackRock, Creative Artists Agency, LLC, and Oaktree Capital Management, agreed to acquire Kobalt Music Group Limited for USD 1.5 billion.

Kobalt offers a technology platform for a more transparent, efficient and empowering future for rights owners. In addition, the company’s label services, music publishing, and neighboring rights division provide a modern music business model to empower creators and artists with ownership, flexibility, control and transparency. The company also offers real-time and transparent reporting through its portal. Additionally, the firm also serves its client by providing digital marketing, record release management, synch and brand partnerships, creative services, online data and royalty statements, royalty collection and processing, works and rights distribution, and global licensing management. The company also provides a mobile application for android as well as IOS users.

## Funding rounds

- Series D, Oct 12, 2017, $14M — Section 32
- Series D, May 8, 2017, $75M — Balderton Capital, Hearst Communications, Inc., BDT & MSD Partners
- Series C, Feb 26, 2015, $60M — GV, BDT & MSD Partners
- Series B, Feb 6, 2008, $16M — Balderton Capital, SPARK Ventures
- Seed, Jun 1, 2001 — SPARK Ventures

## Investors

- SPARK Ventures — Seed, Series B
- Balderton Capital (https://capitalatlas.ai/funds/balderton-capital) — Series B, Series D
- GV (https://capitalatlas.ai/funds/gv) — Series C
- BDT & MSD Partners (https://capitalatlas.ai/funds/bdt-msd-partners) — Series C, Series D
- Hearst Communications, Inc. — Series D
- Section 32 (https://capitalatlas.ai/funds/section-32) — Series D