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Seed&Spark

Seed&Spark

Seed&Spark is a technology platform powering a revolution in film, TV and new media.

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Deal Type

Equity

Funding Goal

$1,000,000

Current Reservations

$2,065,000

Minimum Reservation

$25,000

Maximum Reservation

$250,000

Deal Stage

Seed

Pre-money Valuation

$8,500,000

Open Date

02/29/2016

Closing Date

N/A

Elevator Pitch

Seed&Spark is a crowdsourced studio for film & tv, empowering sustainable careers for creators and delivering diverse content for audiences.

KPIs

100,000 Users

Company Overview

Seed&Spark is a next-generation digital studio that delivers bold, original new movies and shows for audiences and sustainable careers for artists through a single monthly subscription that combines streaming with the next evolution of crowdfunding.

We currently have over 300 hours of exceptional movies and shows streaming, and creators have raised more than $8.5M for 550+ projects using our best-in-class crowdfunding tool—which has the highest campaign success rate in the world.

We source the best new creators through a national education program in partnership with over 100 film organizations. In 2016 we will generate $1M in revenue on $1.5M spend. By the end of 2018, we will grow our streaming library by 6x and our subscriber base to 10k. We are currently raising $2M to get us there, with $1.5m already committed.

In the 36 months since launch, we've proven that our value proposition resonates strongly with both filmmakers and audiences, and now are looking for investment partners to help us scale.

Traction

  • $6M+ raised for over 400 movies and shows

    November, 2016
  • 500+ paying subscribers

    December, 2016
  • 75% crowdfunding success rate (2x better than Kickstarter & 4x better than Indiegogo)

    August, 2016
  • Average crowdfunding project raise of $15,000 (2x Kickstarter).

    August, 2016
  • On track for 5X growth in 2016 to 140K users

    August, 2016
  • Total amount launched Up 50% in 2016 at $3M YTD.

    August, 2016
  • Distribution pipeline to hundreds of millions of consumers

    August, 2016
  • Launched BrightIdeasMag.Com and BRIGHT IDEAS Magazine

    January, 2014

Press Mentions

Key Customers & Partners

Netflix iTunes hulu Google Play Verizon fios Comcast Amazon Instant Video COX Time Warner Cable vudu American Express Samsung Criterion G-Technology Sundance Institute Verizon ACE Hotel

Testimonials

Chad Troutwine
Chad Troutwine
Investor, CEO Veritas Prep, Codesmith
"I invest in fewer than 1 in every 200 deals I evaluate, but Seed&Spark was irresistible. Emily Best is a dynamic and visionary founder, and she's assembled a world class team dedicated to democratizing film. They have created the ultimate platform for independent filmmakers and consumers."
Jay Faires
Jay Faires
Founder of Band of Outsiders
"In just 24 months, Emily has achieved incredible outcomes with Seed&Spark. I invested because she has just the right skill set to execute on this big idea."
Jaclyn Gramigna
Jaclyn Gramigna
Filmmaker
"After having a failed Kickstarter campaign I was discouraged and turned off of the whole “crowdfunding” thing but from the moment I walked into the #Stayindietour workshop, I knew that working with Seed&Spark would be a whole other ball game. The kind of guidance and advice my team received (FOR FREE) during the process of getting our campaign ready to launch was incredible. My team raised 166% of our goal and we definitely could not have done it without the kind of support we got."
Eric Elder
Eric Elder
Filmmaker, Animator
"I had a great experience funding my project on Seed&Spark!! The first thing that impressed me about S&S is what a valuable resource they are through the entire process. It began with the free #stayindietour class where I got extremely useful info on how to prepare and conduct my campaign and even a detailed schedule of what actions to take every step of the way. "
Leah Cevoli
Leah Cevoli
Crowdfunding Coach/Consultant
"As someone who has coached successful campaigns on all of the top crowdfunding platforms, I can honestly say that Seed&Spark is a cut above the others. Their hands on support and community approach sets them apart. Their willingness to grow and bend with the needs of their clients is unparalled. They are a team of filmmakers championing other filmmakers to success. I am excited to see how this company grows and flourishes and thoroughly enjoy working with them. "
Peter Samuelson
Peter Samuelson
Advisor, Film Producer
"I have been producing films since 1980 and Seed&Spark is the very first time that the filmmaker has the power to sit in the drivers seat of financing, and to exert sophisticated, state of the art leverage to turn their script and budget into a film. It is not a platform, it is a revolution."
Jen West
Jen West
Filmmaker
"My first encounter with Seed&Spark was hearing Emily Best talk about new, innovative ideas behind crowdfunding at the Flyway Film Festival in 2013. She solely changed what was a deeply ingrained fear of "asking for money" into what I now view as a positive opportunity like no other. I've since run two successful crowdfunding campaigns on Seed&Spark, and continue to be inspired by their mission. "
Mara Tasker
Mara Tasker
Head of Original Content
"We chose Seed&Spark because no other platform matched their enthusiasm or ability to educate my whole team quickly. Our film would have been an invisible piece of niche content if not for their efforts to teach us how to build ourselves into the community and find our audience. This team is so in front of the curve of this evolving film industry that I was thrilled to join them as the Head of Original Content to further educate audiences and artists alike."
Gerry Maravilla
Gerry Maravilla
Crowdfunding Associate
"As an independent filmmaker working to tell stories about underrepresented communities, Seed&Spark was instrumental in helping me transform my ideas and ambition into reality. After I attended CEO Emily Best's class on Crowdfunding for Independence, I finally felt fully equipped with the knowledge and confidence I needed to raise the funds and finally create a film I'd been dreaming of for over two years. I've recently joined the Seed&Spark team as a Crowdfunding Associate where I advise other filmmakers."
Walker Deibel
Walker Deibel
Investor, Film Producer
"Seed&Spark is the single best solution I've seen regarding the problem that 99% of filmmakers have--creating a paying audience for their film. It's also a clever, savvy solution at that. Utilizing the latest technological and social trends, and spearheaded by the astonishingly passionate and action-oriented expert of those trends, Emily Best."
Kimberly Dilts
Kimberly Dilts
Filmmaker, Crowdfunding Consultant
"Seed&Spark was (and continues to be) a joy. The site is by filmmakers, FOR filmmakers, which means they get it--they get what you're trying to do, they love what you're trying to do, and they will help you get it done. Seed&Spark has a vision about a sustainable future for indie filmmakers, and it's a glorious one."
Nathan Williams
Nathan Williams
Filmmaker
"Running our campaign on Seed&Spark was the single best strategic decision we made for IF THERE'S A HELL BELOW. Indie filmmakers should seek out partners who are just as innovative as they aspire to be."
Bobbie Silverman
Bobbie Silverman
Investor, Educator
"Seed& Spark is run by a young,dynamic,brilliant crew working doggedly towards success. Seed&Spark supports creative young filmmakers, so they can reach the audiences they deserve. Seed&Spark creates opportunities for those filmmakers not part of the mainstream. Seed&Spark gives the world a voice in what films get made. "

Previous Funding

  • $1,000,000 Convertible Note
  • Raise Source: Investors
  • August 2014
  • $500,000 Convertible Note
  • Raise Source: Investors
  • March 2015

Documents

Confidential

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