Filmustage, a Wilmington, Delaware-based AI-based automatic script breakdown and scheduling, announced that it raised $550,000 in funding from Flyer One Ventures, Geek Ventures, Vesna Capital, and Imaguru.
Investors like former WhatsApp product designer Anton Borzov and Looksery co-founder Yurii Monastyrshyn, among others, also backed the company.
The funds will go toward international expansion, making the product available in multiple foreign languages. It will be available in Hindi and Chinese in 2024.
The company also plans to use the funding to acquire new B2B customers, which include “several major players in the film industry
Filmustage launched in 2020, the platform is designed to streamline pre-production in the film industry using a variety of features, such as the ability to break down scripts in a few minutes and categorize them into scenes and elements like props, costumes, and characters.
The product is mainly known for its script breakdown feature, which highlights characters and other elements like locations, props, extras, costumes, and more. Other features include a script summary tool, and the newest tools on the platform are “scheduling” and “analysis.”
The company also plans to launch integrations with several marketplaces that would allow users to purchase film-related equipment directly on the platform. Filmustage has more than 4,400 registered users and over 350 paid users as of February 2023, the company claims.
Company: Filmustage, Inc.
Funding Month: March 2023
Lead Investors: Flyer One Ventures, Geek Ventures, Vesna Capital, and Imaguru
Additional Investors: Anton Borzov and Yurii Monastyrshyn
Company Website: https://filmustage.com/
Software Category: Film and TV Production Management Software
About the Company: Founded in 2020 by Belarusians Egor Dubrovsky, Ruslan Khamidullin, and Andrei Karalkou, Filmustage is the first AI-based solution for automatically breaking down movie screenplays. It offers an AI-based automatic script breakdown and scheduling service. It leverages AI to break down scripts, create shooting schedules, and more. It works with scripts in pdf and fdx and supports export to mms, pdf, fdx, and csv, and makes 100 scene script breakdowns in 1 minute, 24/7, free export in Movie Magic, PDF, and Spreadsheets.