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Believe

ACTIVE
Platform companyHolding / corporate group
Believe MusicBelieve SASBelieve SABelieve Digital

Believe is a French digital music distribution and artist/label services company headquartered in Paris.

Founded2005France
HQParisFrance
Total fundingUSD 60 million2 · 2021
ValuationIn March 2024 Warner Music Group made an offer valuing Believe at around EUR 1.65 billion (EUR 17 per share), which it later withdrew; the company was taken private and delisted by a consortium led by the EQT fund.
01 · About

Believe

Founded 2005 · Paris, France

Believe is a French company focused on digital music distribution and services for independent artists and labels. It was founded in 2005 in Paris by Denis Ladegaillerie, Arnaud Chiaramonti and Nicolas Laclias. The company distributes recordings to streaming and download platforms and supports artists with marketing, promotion and rights management. In 2015 Believe acquired the US service TuneCore, aimed at independent creators, and in later years labels such as Naïve, Nuclear Blast and Groove Attack. The group operates in more than 50 countries across Europe, the Americas, Asia and Africa. In June 2021 the company listed on Euronext Paris under the ticker BLV, raising around 300 million euros. In 2024 Believe was taken private by a consortium involving the EQT X fund, alongside TCV and founder Denis Ladegaillerie, and delisted from the stock exchange. It currently remains operationally active as a private company, with a portfolio of brands including TuneCore, Nuclear Blast, Naïve, Groove Attack and Sentric Music.

  • Denis Ladegaillerie

    Co-founder & CEO

  • Arnaud Chiaramonti

    Co-founder

  • Nicolas Laclias

    Co-founder

02 · What they do

Domain of activity

2 industries
Who for2Industries
  • Media & entertainment
  • Software & Technology
03 · Geography

Global presence

HQ Paris · 2 regions
GlobalEurope
04 · Metrics

Scale & funding

founded 2005 · IPO
2005founded
approx. 1,650employees
USD 60 milliontotal funding
IPOlatest round
maturedevelopment stage
Privatenot listed
activestatus
USD 60 million
total funding
2 · 2021
Growth roundTCV, Ventech, XAngeAnnounced in 2015; round led by TCV.
USD 60 million
IPOJune 2021Listing on Euronext Paris (ticker BLV).
approx. EUR 300 million
06 · Relations

Organizational relations

5 brands
07 · Classification

Profile & metadata

4 classification · 5 external links

Classification

  • Statusactive
  • Development stagemature
  • Listed onNoprivate
  • Organization typePlatform company+ Holding / corporate group