Funding round
Create Music Group Growth
Reported as "Growth Equity"
Create Music Group, which works in music platform solutions and promotion management in Los Angeles, raised $165M in a Growth round announced on 25 Jun 2024, led by Flexpoint Ford, at a $1.00B post-money valuation. 1 firm took part. It is Create Music Group's first venture round on record.
$165M
Amount raised
$1.00B
Post-money valuation
$835M pre-money
1
Investors
1 lead
17%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced Create Music Group at $1.00B after the new money. The $165M bought investors about 17% of the company. It is Create Music Group's first venture round on record, 9 years after it was founded in 2015. It is 27% of the $615M Create Music Group has raised in the venture rounds on record. Create Music Group raised again 21 months later: a Growth round of $450M in Mar 2026, at $2.20B post-money.
Create Music Group's funding rounds
Create Music Group has 2 venture rounds on record. This one is highlighted.
- Growth this round 25 Jun 2024, led by Flexpoint Ford $165M$1.00B post-money
- Growth 4 Mar 2026 $450M$2.20B post-money
Investors
Who put money in
Flexpoint Ford led the round.
Lead investor
- backs 4 venture-backed companies new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to geographic expansion, scaling operations, acquisitions and working capital.
- Geographic expansion
- Scaling operations
- Acquisitions
- Working capital
Comparable rounds
How it compares
The closest in time: 2 in Art & Music Publishers, then Growth rounds in any sector within 6 months:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Cutting Edge Group Art & Music Publishers | 1 Jan 2025 | $1.00B | not disclosed | not named |
| Art & Music Publishers | 5 Jun 2023 | $170M | not disclosed | Praxis Capital |
| Vantage Data Centers Data Solutions | 13 Jun 2024 | $9.20B | not disclosed | DigitalBridge and Silver Lake |
| AlphaSense Tech Companies | 11 Jun 2024 | $650M | $4.00B | Viking Global and BDT & MSD Partners |
| UNISOC Electronical Components Manufacturing | 3 Jun 2024 | $552M | not disclosed | not named |
| Highview Power Renewable energy companies | 13 Jun 2024 | $380M | not disclosed | UK Infrastructure Bank and Centrica |
| CData Tech Companies | 26 Jun 2024 | $350M | $800M | Warburg Pincus |
| Groceries Delivery | 25 Jun 2024 | $250M | not disclosed | Mubadala |
Sources
Where this comes from
Reported by 5 sources.
Questions
Frequently asked
How much did Create Music Group raise in its Growth round?
Create Music Group raised $165M in its Growth round, announced in Jun 2024.
Who led Create Music Group's Growth round?
Flexpoint Ford led it.
What was Create Music Group's valuation at the Growth round?
$1.00B post-money ($835M pre-money).
Did Create Music Group raise again after this round?
Yes: a Growth round in Mar 2026 of $450M at $2.20B post-money.