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Conduiit

36 West Water Street, Toms River, NJ, 08753, United States

Overview

Conduiit is a cloud-based FinTech platform that offers a one-stop shop to boost profitability for film and TV productions. The platform integrates payroll, payments, accounts payable, invoicing, tax incentives, and compliance, bridging production finance and corporate finance. Founded by industry veterans Shawn Hamilton and Jason Thurman, Conduiit automates workflows to reduce labor costs and replace fragmented “Frankenstein” toolchains. In its first year the company served 200 customers, ran 30 projects, and oversaw $70 million in transactions, saving users thousands of hours and helping secure millions in tax incentives. Conduiit has delivered projects for major production companies including Amazon, Discovery, Netflix, and HBO. The new funding will be used to advance product development, expand the team, and accelerate its go-to-market strategy. The company aims to bring efficiency, transparency, and greater profitability to production financial operations across the entertainment industry.

Total raised
$1M
Funding rounds
1
Latest round
Seed
Latest activity
Nov 2023

Industries

  • FinTech
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Recent funding

  1. Seed

    Nov 2023

    $1M

Team

No current team members are available.