# Musicow

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/musicow

- Industry: Financial Services
- Headquarters: Seoul, South Korea
- Website: www.musicow.com
- Total disclosed funding: $147M
- Latest round: Series D (May 15, 2023)
- Investors on record: 12

## About

Founded in 2016 and based in Seoul, South Korea, Musicow, Inc. is a music copyright share platform, in which users auction for a stake in the copyright of music for royalty or return on investment. In 2019, founded a subsidiary dedicated to cultural exchanges of modern music in Davis, California. In August 2022, Musicow, Inc. raised venture funding from new investor Kiwoom Securities. Financial terms of the deal were not disclosed. As of  2022, the company is led by its co-CEO Jung Hyun-kyung and Kim Ji-soo.

## Funding rounds

- Series D, May 15, 2023, $45M — STIC Investments
- Series D, Jun 1, 2022, $80M — STIC Investments
- Series C, Jun 3, 2021, $15M — Korea Development Bank, LB Investment, K-Growth, WYSIWYG Studios
- Series B, May 19, 2020, $0.8M — IBK Capital, K-Growth
- Series B, Mar 1, 2020, $5.8M — LB Investment, Premier Partners, Midas Donga Investment
- Series A, Mar 1, 2019 — KDB Infrastructure Investments Asset Management, Magna Investment, Hana Securities, Enable Korea

## Investors

- KDB Infrastructure Investments Asset Management (https://capitalatlas.ai/funds/kdb-infrastructure-investments-asset-management) — Series A
- Magna Investment (https://capitalatlas.ai/funds/magna-investment) — Series A
- Hana Securities (https://capitalatlas.ai/funds/hana-securities) — Series A
- Enable Korea — Series A
- LB Investment (https://capitalatlas.ai/funds/lb-investment) — Series B, Series C
- Premier Partners (https://capitalatlas.ai/funds/premier-partners) — Series B
- Midas Donga Investment (https://capitalatlas.ai/funds/midas-donga-investment) — Series B
- IBK Capital (https://capitalatlas.ai/funds/ibk-capital) — Series B
- K-Growth (https://capitalatlas.ai/funds/k-growth) — Series B, Series C
- Korea Development Bank (https://capitalatlas.ai/funds/korea-development-bank) — Series C
- WYSIWYG Studios — Series C
- STIC Investments (https://capitalatlas.ai/funds/stic-investments) — Series D