WME invests in Palm Tree Crew at $215m valuation

Co-founded by DJ and record producer Kygo, Palm Tree Crew's portfolio includes festivals, clubs and investment holdings

Kygo
Kygo © Johannes Lovund

WME Group led a $20 million funding round in Palm Tree Crew, valuing the global entertainment and hospitality company at $215 million.

The company, which was founded by DJ and record producer Kygo (real name Kyrre Gørvell-Dahll) and manager Myles Shear, will use the Series B funding to fuel the next stage of its growth.

“As music, hospitality, lifestyle, and live experiences converge, Palm Tree Crew has quickly established itself as a cultural force at the centre of it all,” says…

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