About Primary Wave
Primary Wave is a company based in New York (United States) founded in 2006 by Larry Mestel.. Primary Wave has raised $375 million across 2 funding rounds from investors including Oaktree Capital Management and Brookfield Asset Management. Primary Wave has completed 3 acquisitions, including Kobalt Music, Nuvens Catalog and Sun Records. Primary Wave offers products and services including Music Publishing and Talent Management.
- Headquarter New York, United States
- Founders Larry Mestel
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Phone
*********
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Website
*********
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Social
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- Legal Name Primary Wave Music, Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$375 M (USD)
in 2 rounds
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Latest Funding Round
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Investors
Oaktree Capital Management
& 1 more
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Employee Count
Employee Count
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Investments & Acquisitions
Kobalt Music
& 2 more
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Products & Services of Primary Wave
Primary Wave offers a comprehensive portfolio of products and services, including Music Publishing and Talent Management. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Music catalogs are managed for various artists in the industry
Artist careers are overseen and promoted through marketing and partnerships
Unlock access to complete
Funding Insights of Primary Wave
Primary Wave has successfully raised a total of $375M across 2 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Last Round
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First Round
First Round
(11 Jun 2021)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2022 | Amount | Series D - Primary Wave | Valuation | Brookfield Asset Management |
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| Jun, 2021 | Amount | Series D - Primary Wave | Valuation | Oaktree Capital Management |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Primary Wave
Primary Wave has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Oaktree Capital Management and Brookfield Asset Management. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Real estate fund, infrastructure fund, and private equity firm focused on multiple sectors
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Founded Year | Domain | Location | |
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Focus is placed on real estate and renewable energy investments.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Primary Wave
Primary Wave has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Kobalt Music, Nuvens Catalog and Sun Records. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Provider of music company specializing in investment and management of iconic music
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2015 | ||||
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Music copyrights are invested in by this private equity fund.
|
2000 | ||||
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Producer and distributor of contemporary blues and rock and roll music
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1952 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Primary Wave
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Primary Wave Comparisons
Competitors of Primary Wave
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Primary Wave
Frequently Asked Questions about Primary Wave
When was Primary Wave founded?
Primary Wave was founded in 2006 and raised its 1st funding round 15 years after it was founded.
Where is Primary Wave located?
Primary Wave is headquartered in New York, United States. It is registered at New York, New York, United States.
Who is the current CEO of Primary Wave?
Larry Mestel is the current CEO of Primary Wave. They have also founded this company.
Is Primary Wave a funded company?
Primary Wave is a funded company, having raised a total of $375M across 2 funding rounds to date. The company's 1st funding round was a Series D of $375M, raised on Jun 11, 2021.
What does Primary Wave do?
Primary Wave was founded in 2006 in New York, United States, and operates within the music industry. Music catalogs are acquired and managed, with rights represented for numerous artists. Marketing and branding services are delivered to promote music across platforms. Talent management is handled to support musicians careers. Operations include publishing rights administration, strategic campaigns, and artist development across the sector.
What products or services does Primary Wave offer?
Primary Wave offers Music Publishing and Talent Management.
How many acquisitions has Primary Wave made?
Primary Wave has made 3 acquisitions, including Kobalt Music, Nuvens Catalog, and Sun Records.
Who are Primary Wave's investors?
Primary Wave has 2 investors. Key investors include Oaktree Capital Management, and Brookfield Asset Management.