Fintech platform FilmHedge has closed a $105M debt and equity funding round to finance films and television shows.
The company had $13M in profit in 2022.
FilmHedge is a fintech platform that provides private credit and financing solutions to qualified TV and film producers.
- The company uses software to track different data points, such as interest rates and previous financial performance, to decide whether a project receives funding.
- Filmmakers can receive up to $10M in funding for their projects.
- Collab Capital, WOCStar, SCADPro, and TriplePoint Capital provided the latest funding for the company.
- Since its inception in 2020, the company has raised nearly $110M.
- The company is based in Atlanta, Georgia.
