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Universal Music Group

North America, New York, United States, New York

Description

Universal Music Group (UMG), a global leader in music-based entertainment, extends its influence beyond traditional music production and distribution through strategic investments, primarily facilitated by its UMG Ventures arm. This dedicated division focuses on identifying and supporting innovative companies at the nexus of music, technology, and emerging digital platforms, including Web3. UMG's investment strategy is deeply rooted in fostering the evolution of the music ecosystem, seeking opportunities that enhance artist-fan engagement, unlock new revenue streams, and leverage cutting-edge technologies to shape the future of music consumption and creation.

UMG Ventures actively seeks out startups and growth-stage companies that align with its long-term vision. Their portfolio includes investments in diverse areas such as avatar technology, digital collectibles, AI-powered audio solutions, and Web3 music marketplaces. For instance, UMG participated in a significant $65 million funding round for Genies, an avatar technology company, demonstrating their interest in the metaverse and digital identity space. Similarly, their involvement in Limewire's $10.4 million token sale highlights their commitment to exploring decentralized music platforms.

As a corporate venture capital arm, UMG Ventures operates with a strategic rather than purely financial return mandate. Their investments are designed to complement UMG's core business, providing early access to disruptive technologies and fostering partnerships that can benefit their vast roster of artists and labels. While specific check sizes can vary widely depending on the strategic importance and stage of the investment, UMG typically participates in funding rounds ranging from seed to growth stages.

This strategic investment approach allows Universal Music Group to remain at the forefront of innovation within the rapidly evolving entertainment landscape, ensuring its continued relevance and leadership in the digital age. By backing companies that are pushing boundaries in music technology, UMG is not just investing capital but actively shaping the future infrastructure and experiences of the global music industry.

Investor Profile

Universal Music Group has backed more than 35 startups, with 0 new investments in the last 12 months alone. The firm has led 4 rounds, about 11% of its total and boasts 10 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series A, Series Unknown rounds (top funding stages).
  • Majority of deals are located in United States, United Kingdom.
  • Strong thematic focus on Music, Mobile, E-Commerce.
  • Typical check size: $500K – $5M.

Stage Focus

  • Seed (34%)
  • Series A (23%)
  • Series Unknown (20%)
  • Series B (14%)
  • Corporate Round (6%)
  • Series C (3%)

Country Focus

  • United States (77%)
  • United Kingdom (23%)

Industry Focus

  • Music
  • Mobile
  • E-commerce
  • Media And Entertainment
  • Internet
  • Video
  • Digital Media
  • Software
  • Fashion
  • Wearables
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Universal Music Group frequently co-invest with?

Soma Capital
North America, California, United States, San Francisco
Co-Investments: 3
ACME Capital
North America, Florida, United States, Boca Raton
Co-Investments: 3
Warner Music Group
North America, New York, United States, New York
Co-Investments: 3
Index Ventures
North America, California, United States, San Francisco
Co-Investments: 4
Sony Music Entertainment
North America, New York, United States, New York
Co-Investments: 3
Columbia Capital
North America, Virginia, United States, Alexandria
Co-Investments: 3
Highland Capital Partners
North America, Massachusetts, United States, Lexington
Co-Investments: 3
Balderton Capital
Europe, England, United Kingdom, London
Co-Investments: 3
Redpoint
North America, California, United States, Menlo Park
Co-Investments: 3
Slow Ventures
North America, California, United States, San Francisco
Co-Investments: 3

Which angels does Universal Music Group often collaborate with?

DW
North America, Florida, United States, Miami
Shared Deals: 1
JG
North America, California, United States, San Francisco
Shared Deals: 1
CC
North America, Virginia, United States, Charlottesville
Shared Deals: 1
JJ
North America, Utah, United States, Provo
Shared Deals: 1
BF
North America, Virginia, United States, Charlottesville
Shared Deals: 1
NJ
North America, New York, United States, New York
Shared Deals: 1
JK
North America, New York, United States, New York
Shared Deals: 1
WS
North America, Pennsylvania, United States, Philadelphia
Shared Deals: 1
SP
North America, California, United States, San Francisco
Shared Deals: 3
JS
North America, California, United States
Shared Deals: 1

What are some of recent deals done by Universal Music Group?

R.e.m. Beauty

Los Angeles, California, United States

R e m.beauty is established to provide the resources which need to bring most vivid, unlimited, and creative aspirations to reality.

Beauty
SeedMay 23, 2023
Music Health

Los Angeles, California, United States

Music therapy made easy

Elder CareHealth CareMusicPersonal HealthWellness
SeedFeb 6, 2023
Amount Raised: $1,500,000
PIAS

London, England, United Kingdom

The heartbeat of independent music.

AudioMedia and EntertainmentMusic
Corporate RoundNov 30, 2022
VenewLive

Los Angeles, California, United States

VenewLive is a live performance streaming platform delivering on-stage magic to global music fans virtually.

Media and EntertainmentMusicMusic Streaming
Corporate RoundFeb 9, 2021
Pex

Los Angeles, California, United States

Pex is a digital rights technology company.

Digital EntertainmentLegalVideo
SeedOct 9, 2017
Amount Raised: $7,000,000
Mass Appeal

New York, New York, United States

Mass Appeal is a company documenting the cultural convergence of art, music, skate, and fashion.

Digital MediaFilmMusicNews
Series AMar 6, 2017
Amount Raised: $6,000,000
Pollen

London, England, United Kingdom

Pollen is a technology company building, curating, and delivering the best experiences all over the world.

EventsMarketingMarketplaceTicketingTravel
SeedOct 10, 2016
Amount Raised: $10,000,000
ROLI

London, England, United Kingdom

ROLI is a music technology company that offers hardware, software, sounds, and accessories.

HardwareMusicMusical InstrumentsSoftware
Series BMay 4, 2016
Amount Raised: $27,000,000
Doppler Labs

San Francisco, California, United States

Doppler Labs is a wearable technology company creating products that enhance the way you experience your world.

AudioConsumer ElectronicsWearables
Series BJul 7, 2015
Amount Raised: $17,000,000
Jelli

San Mateo, California, United States

Jelli operates as a cloud-based advertising company for the radio market in the United States.

AdvertisingAdvertising PlatformsBroadcastingEnterprise Software
Series BJun 23, 2015
Amount Raised: $21,000,000