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Kobalt Music
Music services company of tomorrow
- 501-1000 employees
- B2B
- Music
- Publishing
- Entertainment
- Data Sharing
- City of London, London, UK
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Company mission
To improve the future of music by combining music services and technology empowering artists, songwriters, publishers, and labels with innovative technology, transparency, flexibility, ownership, and control.
Our take
Kobalt manages the reporting and collection of digital music royalties for over 30,000 songwriters, 700,000 songs, and 500 publishing companies worldwide including Roddy Ricch, FINNEAS, Stevie Nicks, and Paul McCartney.
It's aiming to increase trust between the music and technology industries in order to build a new infrastructure that benefits fans, creators, rights owners and DSPs.
The transition from purchasing to streaming in the music world has added complexity to how royalties are distributed and collected while also increasing the size of the music industry in terms of the revenue it generates. Kobalt benefits from both of those trends.
Steph
Company Specialist at Welcome to the Jungle
Benefits
- Learning Opportunities
- Family friendly benefits
- Global Corporate Discounts
Company values
- Put creators first
- Be transparent
- Thrive on creativity
- Keep it simple
- Be a good partner
- Champion diversity
- Embrace technology
- Educate everyone
Funding (last 2 of 10 rounds)
Mar 2019
$91.5m
LATE VC
Oct 2017
$14m
SERIES D
Total funding: $458.2m
This company has top investors
Leadership
Willard Ahdritz
(Chairman)Previously worked as Senior Manager of L.E.K. Consulting, and was Executive Chairman of AWAL. Also founded AMRA Music.
People progressing
Joined as a Copyright Manager. Promoted to Senior Royalties Manager after 3 years
Articles
Additional info
- Kobalt represents on average over 40% of the top 100 songs and albums in both the US and UK
- This is an established yet fast growing creator-centric company of artists and songwriters including The Chainsmokers, Kelly Clarkson, Miles Davis, Dave Grohl, Lauv, Zayn Malik, Max Martin, Nick Cave & The Bad Seeds, Paul McCartney, Stevie Nicks, Pitbull, Elvis Presley, Skrillex, Sam Smith, and many more