Atlanta-based music company Love Renaissance has raised more than $25 million from investor Matt Pincus, money it will use to expand its business at home and into the booming markets of Nigeria, South Africa and the UK.
The investment values LVRN, as the label is known, at more than $100 million, said Tunde Balogun, the company’s president. Balogun co-founded LVRN in 2012 alongside four friends, part of a crop of Atlanta-based music industry players churning out hit records and influencing global culture.
