gamma Revenue, Valuation, Funding & Investors
gamma is valued at $400M as of February 2024, a 4.0x multiple on its last reported $100M revenue.
About gamma
gamma is a Los Angeles-based media and music company that equips artists with tools for content creation, distribution, and monetization. The platform hosts a creator marketplace connecting musicians with producers, visual artists, and marketers. gamma manages artist brands through social media strategies, NFT drops, and merchandise lines. Notable projects include collaborations with independent hip-hop acts and electronic producers, enabling direct fan engagement via tokenized assets and live streaming events.
Founded
2023
HQ
Los Angeles, CAWebsite
Status
Privately held
Customer focus
B2B
Revenue model
Services
Revenue
$100M (Feb 2024)
Valuation
$400M (Feb 2024)
gamma Valuation
gamma is currently valued at $400M, based on its undisclosed-stage round in February 2024.
The $100M round was led by Alpha Wave Global.
gamma valuation by funding round
| Date | Stage | Valuation | Revenue Multiple |
|---|---|---|---|
| Feb 2024 | Undisclosed stage | $400M | 4.0x |
gamma Revenue
gamma's latest recorded revenue is $100M, as of its undisclosed-stage round in February 2024. At a $400M valuation, that implies a 4.0x revenue multiple.
gamma revenue by funding round
| Date | Revenue * | Valuation | Revenue Multiple | Stage |
|---|---|---|---|---|
| Feb 2024 | $100M | $400M | 4.0x | Undisclosed stage |
* Revenue (or ARR) figures are the values recorded alongside each funding round. Typically run-rate revenue at the time of the deal, or a reported LTM (last 12 months) revenue.
gamma Funding History
gamma has raised a total of $1.1B across 2 funding rounds.
gamma's first fundraising round was a $1B undisclosed-stage round in March 2023. The most recent completed round was a $100M undisclosed-stage round in February 2024.
gamma funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Feb 2024 | Undisclosed stage | Alpha Wave Global (lead) | $100M | $400M | Gamma is a music distribution technology platform launched in March 2023 by Larry Jackson, featuring the Vydia technology engine described as the fastest-growing distribution service in the music business. It has expanded across two continents and built an impressive roster of artists and creators. In early February 2024, Bloomberg reported that gamma raised $100 million led by Alpha Wave Global, valuing the company at $400 million post-money; this was confirmed by gamma itself. Alpha Wave Global joined existing investors Eldridge Industries and Apple. Alpha Wave, with ties to UAE capital sources, has backed companies like Uber, Alibaba, Lyft, Revolut, SpaceX, The Boring Company, and X. Rick Gerson of Alpha Wave highlighted gamma as one of the largest and most culturally relevant music distribution platforms with impactful artists. Larry Jackson emphasized the company's rapid scaling in technology, geography, and artist roster within less than a year, expressing excitement for Alpha Wave's support in future vision. |
| Mar 2023 | Undisclosed stage | Apple; Eldridge Industries; A24 | $1B | - | - |
Who has invested in gamma?
4 investors have backed gamma across its funding rounds, including Alpha Wave Global, Apple, Eldridge Industries and A24.
Lead investors include Alpha Wave Global.
gamma Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| San Jose, CA | 1 | Participant | Mar 2023 | |
| Miami, FL | 1 | Participant | Mar 2023 | |
This data is available for Pro users. Sign up to see all 4 gamma investors. Start Free Trial | ||||
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Start Free TrialAcquisitions by gamma
gamma has acquired 1 company to date.
Last acquisition by gamma was on March 8th 2023. gamma acquired Vydia for undisclosed valuation.
Latest Acquisitions by gamma
| Description | Vydia is a New York-based music distribution platform powering DSP uploads, rights management, and royalties for independent labels. Partnering with Spotify, YouTube, and TikTok, it handles video monetization and analytics. Acquired by Concord in 2020, Vydia processes billions in streams annually. |
| HQ Country | |
| HQ City | Holmdel, NJ |
| Deal Date | 8 Mar 2023 |
| Valuation | undisclosed |
| EV/Revenue | |
| EV/EBITDA | |
This data is available for Pro users. Sign up to see all gamma acquisitions and their M&A valuation multiples. Start Free Trial | |
gamma Competitors
gamma competitors include listed companies like Saregama India and Deezer, and private ones like BandLab, SoundCloud, Tune.FM and Hungama.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
 Singapore | Private | - | - | $425M | - | |
 Berlin | Private | - | - | $700M | - | |
| Philadelphia, PA | Private | - | - | $200M | - | |
 Mumbai | Private | - | - | $175M | - | |
| India | Publicly listed | $100M | $36M | $979M | 8.6x | |
 France | Publicly listed | $615M | $17M | $183M | 0.2x |
gamma Public Comps
gamma is still privately-owned, but its public comps include TVZone Media, Bemobi, Avex, HUYA, AMC Global Media, Xunlei, SOOP, Sky Network Television, WildBrain and Inkeverse Group.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $51M | $6M | 7.3x | - | 61.6x | - | |||
| $330M | $51M | 1.2x | 2.4x | 7.8x | 7.2x | |||
| $942M | $40M | 0.2x | 0.2x | 3.6x | - | |||
| $970M | ($27M) | 0.1x | 0.1x | (4.2x) | 11.3x | |||
| $2.3B | $1.2B | 0.8x | 0.8x | 1.5x | 4.4x | |||
| $460M | $28M | 0.2x | - | 3.3x | - | |||
| $340M | $107M | - | - | - | - | |||
| $474M | $98M | 0.6x | 0.5x | 2.7x | 2.9x | |||
This data is available for Pro users. Sign up to see all gamma competitors and their valuation data. Start Free Trial | ||||||||
Common questions about gamma
| When was gamma founded? | gamma was founded in 2023. |
| Where is gamma headquartered? | gamma is headquartered in Los Angeles, CA, United States. |
| Is gamma publicly listed? | No, gamma is a private, VC-backed company. |
| What is gamma's valuation? | gamma was last valued at $400M in its undisclosed-stage round in February 2024. |
| How much funding has gamma raised? | gamma has raised $1.1B across 2 funding rounds. |
| What was gamma's last funding round? | gamma's last funding round was a $100M undisclosed-stage round in February 2024, led by Alpha Wave Global. |
| Who are gamma's investors? | gamma's investors include Apple, Eldridge Industries, Alpha Wave Global and A24. |
| What is gamma's revenue? | gamma's latest recorded revenue is $100M (February 2024). |
| What is gamma's revenue multiple? | gamma's latest valuation implies a 4.0x revenue multiple ($400M valuation on $100M of revenue). |
| Which companies are comparable to gamma? | Companies comparable to gamma include BandLab, SoundCloud, Tune.FM, Hungama, Saregama India and Deezer. |
| How many companies has gamma acquired? | gamma has acquired 1 company, including Vydia. |
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