Today, Conduiit, a cutting-edge cloud-based FinTech platform designed to offer a one-stop shop for boosting profitability in film and television productions, announced the closing of $1 million in pre-seed capital. The round was co-led by Fiat Ventures and Aperture Venture Capital, with additional participation from Collide Capital as well as angel investor and actor, Hiro Mizushima. With major investors, this round reflects the industry's excitement for innovative tech services in entertainment and Conduiit's potential to revolutionize financial management in the sector.

Conduiit is a cutting-edge FinTech platform on the cloud designed to offer a one-stop shop for boosting profitability in film and TV productions. Conduiit simplifies the process on both sides of production finance including managing payroll, accounts payable, invoices, and compliance. By bringing all aspects onto one platform, Conduiit provides certainty and efficiency for all production companies through connecting fragmented processes and eliminating friction.