Entertainment startup UnitedMasters announced it has secured $70 million in financing. Three investors participated in the round: Alphabet, Andreessen Horowitz, and 20th Century Fox.
UnitedMasters is an artist services company that champions independence for all musicians. Using proprietary data and technology, coupled with a deep expertise in music and marketing, the company aims to help artists “get smart, get fans, and get paid.” It was founded in 2017 by Steve Stoute, a music and advertising expert who helped develop the careers of Nas, Will Smith, and Mary J. Blige, and founded the award-winning ad agency, Translation.