Music Biz Member HIFI Closes Funding Round With Support From Artists & Executives
Financial rights platform, HIFI has completed a strategic funding round, gaining investments from executives at Capitol Music Group, Red Light Management, Wasserman Music, Hipgnosis and 88rising. Artists including 3LAU, G-Eazy, A-Trak, and Quincy Jones have also invested in the company.
“The support we are receiving from artists and their allies is truly unprecedented and indicative of how important our mission is of delivering financial transparency and independence to creators across the music industry,” said HIFI Founder and CEO, Damian Manning. “This strategic capital will accelerate the expansion of HIFI’s financial infrastructure and technologies, furthering our commitment to directly empower creators with critical business insights and enhanced liquidity to fuel their careers.”
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