- Companies
- Cinq Music
Cinq Music Valuation, Funding & Investors
Cinq Music is valued at $600M as of February 2024.
Last Cinq Music valuation
$600M
Strategic investment · Feb 2024
Last Cinq Music funding round
$250M
Strategic investment · Feb 2024
Cumulative funding Cinq Music raised
$310M
across 3 funding rounds
Key investors in Cinq Music
GoDigital Media Group
About Cinq Music
Cinq Music is a Los Angeles-based independent record label and digital distribution platform. Founded in 2015, it distributes music to over 150 DSPs worldwide, including Spotify and Apple Music, while offering marketing, playlist pitching, and sync licensing. The company has released over 10,000 titles from artists like Joyner Lucas and Monsta X, generating millions in streams. Cinq House, its publishing arm, manages catalogs for sync placements in TV and ads.
Founded
2012
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Services
Valuation
$600M (Feb 2024)
Sectors
Cinq Music Valuation
Cinq Music is currently valued at $600M, based on its strategic investment round in February 2024.
The $250M round was led by GoDigital Media Group.
Cinq Music valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Feb 2024 | Strategic investment | $600M |
Cinq Music Funding History
Cinq Music has raised a total of $310M across 3 funding rounds.
Cinq Music's first fundraising round was a $20M Series B in July 2017. The most recent completed round was a $250M strategic investment round in February 2024.
Cinq Music funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Feb 2024 | Strategic investment | GoDigital Media Group (lead) | $250M | $600M | Cinq Music, a Los Angeles-based independent music company operating as a distributor, record label, and publisher, received a $250 million investment from its parent company GoDigital Media Group on February 12, 2024, to fund music rights acquisitions. This growth funding round builds on prior investments totaling $160 million since 2017, bringing cumulative funding from GoDigital to $410 million, and supports management of over $300 million in assets across a catalog of more than 80,000 marquee assets generating several billion video and audio streams monthly. The company focuses on fast-growing genres including reggaeton, Música Mexicana, Afrobeats, and country, with recent successes like hits from Fuerza Regida and deals with Street Mob Records. One source reports the round achieved a $600 million valuation, led by GoDigital Media Group. A key element of the funding launch includes an upcoming eight-figure catalog acquisition featuring repertoire from influential hitmakers, underscoring Cinq's spending power and market position. The investment aligns with GoDigital's ambition to build a billion-dollar balance sheet of music rights, leveraging Cinq's expertise in sourcing, valuing, acquiring, and managing repertoire. Cinq Music, founded in 2012 with over 150 employees, has a history of expansions through prior rounds such as $20 million in 2017, $40 million in 2019, and $100 million in 2022, enabling acquisitions like T.I. albums, Beluga Heights, and Jason Derulo's catalog. Its roster includes artists like Bad Bunny, Daddy Yankee, Anuel AA, Arcangel, and Janet Jackson. Following the round, Cinq acquired the catalog of producer Flow La Movie, further demonstrating deployment of the new capital. |
| Aug 2019 | Series C | GoDigital Media Group (lead) | $40M | - | Cinq Music, a Los Angeles-based independent music company operating as a label, distributor, and rights manager, received $40 million in Series C funding from its parent company GoDigital Media Group in August 2019. The capital was designated for acquiring masters and publishing rights, as well as international expansion. This followed a $20 million Series B infusion in 2017, which enabled acquisitions like multiple T.I. albums and a partnership with Janet Jackson's Rhythm Nation Records. The 2019 round supported the purchase of the Beluga Heights record label and Jason Derulo’s catalog. Cinq Music's catalog at the time included stakes in works from artists such as Bad Bunny, Daddy Yankee, Sean Kingston, Janet Jackson, T.I., and Jason Derulo, focusing on urban and Latin genres. GoDigital Media Group, a media and technology holding company involved in IP rights management and distribution, positioned Cinq as a key subsidiary alongside others like Latido Music, AdShare, and Sound Royalties. Executives including CEO Jason Peterson and President Barry Daffurn highlighted the funding's role in scaling label, distribution, and publishing operations while executing a global rights management model. Subsequent developments included a $100 million Series D injection reported around 2022-2023 for further catalog purchases, bringing total investment since 2017 to $160 million by 2024. Later rounds featured $230 million for GoDigital Music in 2024 and $250 million for Cinq in February 2024, with assets under management exceeding $300 million and a catalog of over 80,000 assets generating billions of streams monthly. These funds targeted growth in genres like reggaeton, Música Mexicana, Afrobeat, and Country, alongside ambitions for a billion-dollar music rights balance sheet. One source mentions a $600M valuation for the 2024 $250M growth round, but no valuation is tied to the 2019 round. |
| Jul 2017 | Series B | GoDigital Media Group (lead) | $20M | - | Cinq Music is a data-driven record label, distribution, and rights management company headquartered in Los Angeles, initially focused on Latin music but expanding to other genres. In July 2017, its parent company GoDigital Media Group completed a $20 million Series B funding round, announced by GoDigital Chairman Jason Peterson, to enable Cinq to purchase music rights including masters and publishing, and to expand internationally across all genres. Cinq President Barry Daffurn noted the company's prior organic growth and plans to accelerate acquisitions of catalogs and sign new talent, having previously released five number one Indie records on Billboard Urban and Tropical Charts and earning a Latin Rhythm Label of the Year nomination in 2016. The $20 million investment marked GoDigital's significant backing of Cinq, which was its largest acquisition at the time of founding in 2012 by Jason Peterson and Barry Daffurn. Part of the funds were used to acquire the recordings catalog of rapper T.I., representing Cinq's push beyond Latin music, with its first major non-Latin project in 2018 for Janet Jackson. This 2017 round initiated a series of investments from GoDigital, followed by $40 million in 2019 used to purchase Beluga Heights Record Label including Jason Derulo's catalog, $100 million in 2022, and $250 million in 2024, bringing total funding to $410 million. Cinq's catalog grew to over 80,000 assets by 2024, achieving several billion streams monthly, with focus on genres like Reggaeton, Musica Mexicana, Afrobeats, and Country, aiming for a billion-dollar balance sheet of music rights. |
Who has invested in Cinq Music?
1 investor has backed Cinq Music across its funding rounds, including GoDigital Media Group.
Lead investors include GoDigital Media Group.
Cinq Music Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
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Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialAcquisitions by Cinq Music
Cinq Music has acquired 1 company to date.
Last acquisition by Cinq Music was on May 7th 2024. Cinq Music acquired Flow La Movie for undisclosed valuation.
Latest Acquisitions by Cinq Music
| Description | Flow La Movie is a Miami-based media production company delivering music videos and entertainment content for Latin artists including Bad Bunny and Anuel AA. |
| HQ Country | |
| HQ City | Miami, FL |
| Deal Date | 7 May 2024 |
| Valuation | undisclosed |
| EV/Revenue | |
| EV/EBITDA | |
This data is available for Pro users. Sign up to see all Cinq Music acquisitions and their M&A valuation multiples. Start Free Trial | |
Cinq Music Competitors
Cinq Music competitors include listed companies like JOYY and YG Entertainment, and private ones like Smule, Musicow, Songtradr and SoundCloud.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | $101M | - | $604M | 6.0x | ||
| Private | - | - | $672M | - | ||
| Private | $24M | - | $530M | - | ||
| Private | - | - | $700M | - | ||
| Publicly listed | $2.1B | $160M | $3.9B | 1.1x | ||
| Publicly listed | $397M | $73M | $595M | 1.2x |
Cinq Music Public Comps
Cinq Music is still privately-owned, but its public comps include YG Entertainment, Reservoir Media, Avex, Tips Music, JYP Entertainment, Saregama India, Deezer, HIM International Music, Edel and GMM Grammy.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $397M | $73M | 1.3x | 1.2x | 7.1x | 7.4x | |||
| $176M | $68M | 6.1x | 5.9x | 15.7x | 14.2x | |||
| $942M | $40M | 0.2x | 0.2x | 3.6x | - | |||
| $39M | $30M | 21.7x | 19.3x | 28.5x | 27.5x | |||
| $598M | $175M | 1.1x | 1.1x | 3.8x | 5.4x | |||
| $100M | $36M | 9.7x | 8.6x | 26.8x | 24.6x | |||
| $615M | $17M | 0.2x | 0.2x | 8.2x | 8.0x | |||
| $34M | $23M | 2.8x | - | 4.3x | - | |||
This data is available for Pro users. Sign up to see all Cinq Music competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Cinq Music
| When was Cinq Music founded? | Cinq Music was founded in 2012. |
| Where is Cinq Music headquartered? | Cinq Music is headquartered in Los Angeles, CA, United States. |
| Is Cinq Music publicly listed? | No, Cinq Music is a private, VC-backed company. |
| What is Cinq Music's valuation? | Cinq Music was last valued at $600M in its strategic investment round in February 2024. |
| How much funding has Cinq Music raised? | Cinq Music has raised $310M across 3 funding rounds. |
| What was Cinq Music's last funding round? | Cinq Music's last funding round was a $250M strategic investment round in February 2024, led by GoDigital Media Group. |
| Who are Cinq Music's investors? | Cinq Music's investors include GoDigital Media Group. |
| Which companies are comparable to Cinq Music? | Companies comparable to Cinq Music include Smule, Musicow, Songtradr, SoundCloud, JOYY and YG Entertainment. |
| How many companies has Cinq Music acquired? | Cinq Music has acquired 1 company, including Flow La Movie. |
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