Artlist Fund Led by KKR Raises $48 Million

It was announced today that a financing round into Artlist led by Kohlberg Kravis Roberts (KKR) has raised $48 million. Elephant Partners, an existing investor who led a previously unannounced investment in 2018, joined the round in addition to KKR. 

KKR’s investment in Artlist comes primarily from its Next Generation Technology Growth Fund II.

KKR is a leading global investment firm. Chiefly, the company manages alternative asset classes, including private equity, energy, infrastructure, real estate, and credit.

Patrick Devine, a member of KKR’s Next Generation Technology Growth investment team, said, “The growth of digital content creation – and the evolving way in which it is consumed – has generated a tremendous amount of opportunities for creators, but the process of li…