Connect Music Raises $80M Growth Capital

Connect Music, a Memphis, Tennessee-based independent music distribution, publishing, and rights management company, has secured $80 million in growth capital.

Investors

Rockmont Partners and Variant Investments participated in this funding round.

Connect Music Use of Funds

The company plans to use the capital to scale its business operations.

About Connect Music

Founded in 2020 by President and CEO George Monger and Chief Technology Officer Ivan Walker, Connect Music operates as a curated, closed platform. Its mission is to redefine ownership and Black music wealth by providing artists access to capital, audience insights, and distribution support under equitable terms, utilizing AI for data modeling and analytics to improve the predictability of how audiences discover and consume music.

Funding Details

Company: Connect Music
Raised: $80M
Round: Growth Capital
Funding Date: April 30, 2026
Lead Investor: Rockmont Partners, Variant Investments
Software Category: Music Technology, AI/ML Software
Company Website: https://connectmusic.com
Source: https://afrotech.com/connect-music-ai-ownership-black-artists-labels-music-industry