SCADPro
516 Drayton St., Savannah, Georgia, United States
Overview
SCADpro Fund seeks SCAD alumni entrepreneurs in the early stages of fundraising.
- Total investments
- 1
- Lead investments
- 1
- Investments · 12mo
- 0
- Active investors
- 0
Sector focus
- Architecture
- Art
- Education
- Higher Education
Investment portfolio
- FilmHedge
Led · Series A · Mar 2023
FilmHedge is a fintech platform that provides private credit and financing solutions to qualified film and TV producers, offering up to $10M per production. The company uses data to track production financials, interest rates, and the creditworthiness of producers and production companies. Founded in 2020 and led by CEO Jon Gosier, FilmHedge is based in Atlanta, GA. In the prior year the firm allocated more than $100M to over 20 productions, including scripted series, docuseries and feature films, netting more than $13M in returns. The company intends to use new capital to expand its product and marketing teams and hire for key open roles. Core offerings combine private credit products with data-driven underwriting for the film and television sector. FilmHedge builds lending software and financing products tailored to film and television production companies. The platform offers fixed-interest loans up to $1 million and lines of credit up to $5 million. The company spent the prior year in stealth building the product and has launched a live site where production companies can apply for loans. FilmHedge was founded by Jon Gosier, Janelle Alexander, and Mickey Vetter; Gosier serves as CEO. The startup raised $2 million to support growth and plans to use the capital to triple its team. Its product targets the inefficiencies in media financing that force producers to rely on personal networks for funding.
Team
No current team members are available.