Belarusian Filmustage raises $550k from Ukraine’s Flyer One Ventures and others
21 March, 2023, 16:45
The US-based startup Filmustage, which provides an AI-powered pre-production tool for filmmakers, has raised $550,000 backed by Flyer One Ventures, Geek Ventures, Vesna Capital, Imaguru Startup HUB. Valentine Zavgorodnev, Ihor Kokotsky, Anton Borzov, and Yurii Monastyrshyn also participated as angel investors. The funds will be used to expand its product and acquire new B2B customers.
- Co-founded by three Belarusians Egor Dubrovsky, Ruslan Khamidullin, and Andrei Karalkou in 2020 Filmustage offers an AI-based automatic script breakdown and scheduling service. It helps to highlight characters and other elements like locations, props, extras, costumes, and more. Users can also search for, change, or remove any breakdown element and add new categories. It can then be uploaded as a PDF file or into Final Draft.
- Currently, Filmustage has more than 4,400 registered users, and over 350 paid users, the company claims. Filmustage is a helpful tool for many film departments and employees, above and below the line, such as cinematography, set design, casting, and costume design.
- Among the investors is Ukraine’s Flyer One Ventures which previously invested $550,000 in Peech. NY-based Geek Ventures, an early-stage tech venture fund investing in immigrant founders, Kyiv-based Vesna Capital, Lithuanian Imaguru Startup HUB, and other angel investors also participated. Among them are the co-founder of LOOKSERY Yurii Monastyrshyn and ex-product designer in WhatsApp Anton Borzov.
- Filmustage will spend the fresh investment on an international expansion that will make the product available in multiple foreign languages. For instance, this summer, Filmustage will become available in Spanish, French, and German.