Connect Music Secures $80 Million to Accelerate Catalog Acquisitions and AI-Led Rights Platform

New updates have been reported about Connect Music.

Connect Music has raised $80 million in new growth financing from Rockmont Partners and Variant Investments, capital that positions the Memphis-based music rights and technology company to scale catalog acquisitions, expand music licensing, and deepen its data-driven services for independent artists and labels worldwide. Founder, President & CEO George Monger framed the investment as transformational, enabling more aggressive growth while maintaining a strategy built around creator ownership of masters, data, and future upside.

The company plans to deploy the funds into an expanded acquisition and licensing strategy, supported by proprietary A.I. models designed to unlock incremental revenue from intellectual property and improve transparency in royalty and rights management. Connect Music, whose recent wins include the viral hit “Blow My High” by Dee Mula and work with producers Mike & Keys and artists such as Sauce Walka, Don Trip, Boosie Badazz, and Nless Entertainment/BIG30, is now operating at a scale comparable to larger industry players but differentiated by its emphasis on equity, data visibility, and artist-centric economics.

Monger founded Connect Music in 2020 after prior leadership roles in the Memphis arts ecosystem, including Chief Operating Officer of the Memphis Symphony Orchestra, with a mission to bring major-label-grade technology and financing to independent creators typically excluded from such tools. The firm’s investor base includes prominent backers Richard W. Smith and the late Frederick W. Smith, whose longstanding support underscores external confidence in Monger’s operational discipline and strategic vision.

Rockmont Partners Managing Director Curt Futch highlighted Connect’s evolution from a bold concept into a scaled, high-performing business, citing the company’s ability to pair disciplined execution with a clear focus on creator outcomes as a key differentiator and driver of sustainable growth. As Connect Music allocates the new capital, executives and stakeholders should expect increased deal flow in catalog purchases, deeper penetration into licensing markets, and broader deployment of A.I.-enabled analytics, all aimed at increasing earnings potential and long-term asset value for independent artists and labels on the platform.