Duetti is shaking up the music industry by putting the power back into the hands of artists. Founded by Lior Tibon, former COO of TIDAL, along with other streaming industry executives, Duetti has raised an impressive $32 million in funding from investors such as UNTITLED, Viola Ventures, Viola Credit, Presight Capital, and Roc Nation. The New York-based financial services startup is democratizing the music business by offering artists an easy and quick way to monetize their catalogs.
With Duetti, artists can choose the tracks they want to sell and receive upfront payments of up to $400,000 for their catalog and single-track masters. Duetti's data-driven pricing model allows artists to sell individual tracks or parts thereof and keep up to 50% of the catalog's ownership. The company uses unique ROI-focused techniques to market and grow the tracks it acquires. With transparent and data-driven offers, artists can expect to receive cash in under 30 days. Duetti is fuelled by the future of financial empowerment, where artists can control their careers and make their mark in the music industry.