NEW YORK — A cloud-based FinTech platform designed to offer a one-stop shop for boosting profitability in film and television productions has closed on $1 million in pre-seed capital. With major investors, this, says Conduiit, reflects “the industry’s excitement for innovative tech services in entertainment and Conduiit’s potential to revolutionize financial management in the sector.”
In particular, Conduiit is “on a mission to modernize production finance in the entertainment industry.”