Concord-backed Stem completed the investment in Giant Music.

Concord-backed Stem, a financial technology and music distribution platform, completed the investment in Giant Music, an independent record label. Financial terms were not disclosed. “Giant Music is grounded in a strong foundation and guided by a clear, forward-looking vision. This investment underscores our confidence in the Giant team, its exceptional roster of artists, and our shared commitment to empowering artists with the support they need to realize their ambitions,” Bob Valentine, Concord CEO.