# Symphonic Distribution

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/symphonic-distribution

- Industry: Media
- Headquarters: Tampa, US
- Website: www.symphonic.com
- Total disclosed funding: $37M
- Latest round: Series B (Jan 3, 2022)
- Investors on record: 2

## About

Based in CA, US, and founded in 2006 by CEO Jorge Brea, Symphonic Distribution is a digital music distribution company that provides a wide portfolio of music services. In January 2022, Symphonic Distribution, Inc. raised USD 37 million in Series B funding led by NewSpring Capital, with participation from Ballast Point Ventures.

The company offers digital music and video distribution, royalty collection, marketing, and other services for creators. The company also offers royalty and catalog management, music monetization, rights management, and advertising, marketing, and playlist pitching solutions.

The company plans to use the funds raised in Series B to build its corporate development team in Q1 2022 and then look at acquisitions beginning in Q2 2022 including in the ulta-comptitive market in rights to music catalogs.

## Funding rounds

- Series B, Jan 3, 2022, $37M — Ballast Point Ventures, NewSpring

## Investors

- Ballast Point Ventures (https://capitalatlas.ai/funds/ballast-point-ventures) — Series B
- NewSpring (https://capitalatlas.ai/funds/newspring) — Series B