Montreal-based Xposure Music just locked down $42.5 million through a mix of debt from Andalusian Credit Partners and equity from private investors and family offices, bringing their total haul past $50 million since launching in 2021. The platform uses machine-learning tech to bankroll indie artists and buy up catalogs, claiming they've funded close to 100 artists over the past year and a half while dropping eight figures into music rights across different genres.
The cash injection comes after they teamed up with Too Lost for distribution and co-funding deals. Co-CEOs Ryan Garber and Gregory Walfish said the money lets them scale up catalog acquisitions and give independent artists the same financing options that used to be reserved for major-label talent, with Too Lost handling the admin and royalty processing once deals close.
The cash injection comes after they teamed up with Too Lost for distribution and co-funding deals. Co-CEOs Ryan Garber and Gregory Walfish said the money lets them scale up catalog acquisitions and give independent artists the same financing options that used to be reserved for major-label talent, with Too Lost handling the admin and royalty processing once deals close.