KKR Leads $48M Round into Stock Digital Content Platform Artlist
06/29/20, 8:04 AM
Location
new yorkMoney raised
$48 million
Industry
financial services
Artlist, an industry-leading provider of a full suite of high-quality, royalty-free licensed music, stock video clips, and sound effects for digital creative industries, today announced it has raised $48M in a financing round led by KKR. Existing investor Elephant Partners, who led a previously unannounced investment in 2018, also joined in the round. The funds will be used to rapidly expand the company’s digital stock offerings to meet demand by a growing number of YouTubers and other content creators.
Company Info
Location
new york, new york, united states
Additional Info
KKR is a leading global investment firm that offers alternative asset management as well as capital markets and insurance solutions. KKR aims to generate attractive investment returns by following a patient and disciplined investment approach, employing world-class people, and supporting growth in its portfolio companies and communities. KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds. KKR’s insurance subsidiaries offer retirement, life and reinsurance products under the management of Global Atlantic Financial Group. References to KKR’s investments may include the activities of its sponsored funds and insurance subsidiaries.