Total amount raised
$48 Millions
Latest funding date
6/1/2020
Location
Artlist has successfully raised significant funding through various rounds, attracting notable investors such as Elephant and Kohlberg Kravis Roberts (KKR). The platform offers a comprehensive suite of digital assets and tools tailored for video creators, including royalty-free music, sound effects, and stock footage.
Keep reading to explore the intricacies of Artlist's fundraising journey and the investors backing this innovative platform.
What Is Artlist?
Artlist, founded in 2016, is a creative technology company based in Tel Aviv, Israel. The platform offers a vast catalog of over 2 million professional digital assets, including royalty-free music, sound effects, and stock footage, tailored for video creators.
Founded by Assaf Ayalon, Eyal Raz, Ira Belsky, and Itzik Elbaz, Artlist aims to empower filmmakers with high-quality, exclusive content. The company provides unlimited usage and downloads under a simple global license, ensuring creative freedom for any project.
With a team of 251-500 employees, Artlist continues to innovate and support the creative community, offering tools and resources that cater to both individual creators and businesses.
How Much Funding Has Artlist Raised?
- Funding Round 1
- Amount Raised: $48M
- Date: June 29, 2020
- Lead Investors: Kohlberg Kravis Roberts
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To leverage KKR's tech and media expertise and expand Artlist's offerings.
Total Amount Raised: $48M. Current Valuation: Not publicly disclosed.
Key Investors
- Kohlberg Kravis Roberts (KKR)
- Details: KKR is a global investment firm that manages multiple alternative asset classes, including private equity, energy, infrastructure, real estate, and credit. Founded in 1976, KKR has a long history of successful investments and strategic partnerships.
- Investment Focus Areas: Private equity, energy, infrastructure, real estate
- Notable Investments: Fotolia, BMG Rights Management, GoDaddy
- Elephant Partners
- Details: Elephant Partners is a venture capital firm that focuses on investing in early-stage and growth-stage technology companies. The firm was founded by industry veterans with a strong track record in scaling tech businesses.
- Investment Focus Areas: Technology, software, digital media
- Notable Investments: Scopely, AllTrails, A Cloud Guru
What's Next for Artlist?
Artlist stands at the cusp of significant growth opportunities, driven by the increasing demand for royalty-free content in the booming video creation market. Leveraging KKR's tech and media expertise, Artlist aims to expand its already vast library of digital assets and enhance user experience through AI-driven personalization.
Future fundraising appears promising, with the potential for additional investment rounds to support technological advancements and market expansion. However, Artlist must navigate challenges such as intense competition and the need to maintain high-quality content while scaling operations. The company's ability to innovate and adapt will be crucial in sustaining its growth trajectory.
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