The company will deploy the capital to expand its sales, marketing and product operations, while providing even more flexible funding to artists, writers and independent label clients.

Citi, Deciens Capital, Mucker Capital, Advantage Capital and additional strategic investors participated, providing equity investment to enable beatBread to expand on its mission, staffing and resources to empower artists, independent labels, distributors and songwriters with more choices, and better funding.

beatBread is a pioneering music and finance company that empowers artists to take control of their careers without giving away ownership of their music or their decision-making power. Founded in 2020, beatBread brings together a team with deep experience in music, finance, artificial intelligence and machine learning to create new opportunities for artists and their managers.