{"data":{"type":"company_profile_ai","id":125413,"entity_id":"wefunder:company:125413","attributes":{"canonical_url":"https://wefunder.com/avenida","retrieval_urls":{"canonical":"https://wefunder.com/avenida","json":"https://wefunder.com/avenida.json","markdown":"https://wefunder.com/avenida.md","ai_json":"https://wefunder.com/avenida.ai.json","ai_text":"https://wefunder.com/avenida.ai.txt","changelog_json":"https://wefunder.com/avenida.changelog.json","schema":"https://wefunder.com/.well-known/ai-profile-schema.json"},"updated_at":"2026-06-06T05:01:45Z","generated_at":"2026-06-06T07:11:16Z","profile_visibility":{"owner_published":true,"public_search_results":true,"site_search_listed":true,"privacy_mode":"promote","invite_only":false},"company":{"id":125413,"entity_id":"wefunder:company:125413","slug":"avenida","name":"Avenida Entertainment Group, Inc","tagline":"Join us in launching an English-language streamer for US Latinos!","location":"Los Angeles, California","website":"https://avenida.tv/","total_amount_raised":139858,"total_investors":164,"is_funded":true,"is_active":true},"key_claims":[{"claim_id":"claim-total-raised","text":"Total raised on Wefunder: 139858","citation":"https://wefunder.com/avenida#claim-total-raised","provenance":{"source":"FrontCompanySummary#amount_raised","last_verified_at":"2026-06-06T05:01:45Z","as_of":"2026-06-06T07:11:16Z","confidence":"high"},"observed_at":"2026-06-06T05:01:45Z","expires_at":"2026-06-07T05:01:45Z"},{"claim_id":"claim-total-investors","text":"Total investors: 164","citation":"https://wefunder.com/avenida#claim-total-investors","provenance":{"source":"FrontCompanySummary#number_of_investors","last_verified_at":"2026-06-06T05:01:45Z","as_of":"2026-06-06T07:11:16Z","confidence":"high"},"observed_at":"2026-06-06T05:01:45Z","expires_at":"2026-06-07T05:01:45Z"}],"verified_facts":[{"claim_id":"claim-total-raised","text":"Total raised on Wefunder: 139858","citation":"https://wefunder.com/avenida#claim-total-raised","provenance":{"source":"FrontCompanySummary#amount_raised","last_verified_at":"2026-06-06T05:01:45Z","as_of":"2026-06-06T07:11:16Z","confidence":"high"},"observed_at":"2026-06-06T05:01:45Z","expires_at":"2026-06-07T05:01:45Z"},{"claim_id":"claim-total-investors","text":"Total investors: 164","citation":"https://wefunder.com/avenida#claim-total-investors","provenance":{"source":"FrontCompanySummary#number_of_investors","last_verified_at":"2026-06-06T05:01:45Z","as_of":"2026-06-06T07:11:16Z","confidence":"high"},"observed_at":"2026-06-06T05:01:45Z","expires_at":"2026-06-07T05:01:45Z"}],"company_claims":{"tagline":"Join us in launching an English-language streamer for US Latinos!","story":"According to Nielsen, Latinos only get 2.3% of leading roles in TV and only 5.1% of leading roles in film. Almost half of those roles\u0026nbsp; are negative stereotypes.We have found innovative ways to close the gapWe’re creating a fully integrated ecosystem where Latino filmmakers can crowdfund for their projects, we help co-produce them and then stream them directly to Latino audiences via our new streaming platform, A+US Latinos are the biggest consumers of media Not only do they buy 1 in 4 movie tickets, but\u0026nbsp; they also stream the most content. We launched a crowdfunding platform to help our clients get their projects fundedOur rewards based crowdfunding platform provides FREE automated coaching to users so they can raise more funds. Our platform has nearly 90% success rate, with over $1 million raised for close to 100 projects from 9,000 unique contributors!And now we're getting ready to launch A+ a streaming platform for US Latinos where our stories can thrive!US based Latinos consume streaming $4b annually worth of content, but have no dedicated streaming platform. With our existing studio and client base, we are positioned to be a leader in this space.Here's an example of the content we will host on A+We have created a pipeline of filmmakers and our content acquisition costs will remain low compared to other streaming platforms while incentivizing filmmakers with a generous revenue share program.We're unlike any other streamerHow we're using the fundsWe are lean and powerful. With the funds raised during the campaign we will be set up for success.We have a clear plan to profitabilityWe already have thousands of pre-sign ups for our launch in November. 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If yes, who is investing in this round?","answer":"Hello Teddy, thank you for the questions. a) Our latest burn rate was $35,000. b) $49,000 c) The wefunde is the remainder of our pre-seed round. We have one VC that invested in this round and some angels. We are open to taking institutional funding until we fill the round. Let us know if you'd like to chat directly. Thank you for your interest."},{"question":"Hello, What is the [actual] end date for this campaign, Form C says it's in April... is that wrong?","answer":"Thank you for your interest. The campaign closes December 1st or when the round gets filled."},{"question":"good stuff! you have a winner here. over 20 years fanny you don't look a day over 30, seriously good stuff. now what i am wondering about is this for just latinos or for everybody? either way with all the film schools, school of the arts etc people would be flocking to you eas...","answer":"Hi John thank you for the question and note! A+ is directed at the English speaking US Latino market but will have content that can be enjoyed by all audiences. We are not making it a general market + US Latino streamer because that would put us in the same space with streamers like Netflix, Hulu, Pluto, etc and we are creating something that sets us apart. Our approach is to create a space like BET has done for the African-American community and stand out as the go-to for the Latino communit..."},{"question":"Oh OK cause you have Latinos and everybody else. Thanks for response","answer":"Of course."},{"question":"amazing! yeah financially right now that is the biggest concern i have is that your operating expenses are almost 3 times revenue, that i have never seen before. i have seen long term debt like that. then based on what you said as far as subscribers etc(all you said) then what...","answer":"Hello John, thank you for the follow up question. We're a startup raising a pre-seed round. We're still building and are not fully live yet with our product. The fact that even at a pre-seed stage we are generating revenue is an indication of the potential of our business. The streaming platform is the last piece that will allow us to scale to become a billion dollar company. Our operating expenses are actually low for our industry standards, we operate a lean machine that has accomplished a ..."}],"recent_posts":[{"id":182417,"entity_id":"wefunder:feed_item:182417","title":"Important Investor Update: Avenida is Winding Down","preview":"To Our Wefunder Investors,First and foremost, thank you. You believed in Avenida when we set out to grow something bold: a media company rooted in cultural pride, equity, and authentic storytelling. Your support gave us the runway to build and to try, at a time when most would not.We poured everything we had into this mission—our time, our savings, and our hearts. And while we’re incredibly proud of what we accomplished, the economic realities of today’s media landscape—especially for indepen...","published_at":"2025-05-16T21:37:11Z","canonical_url":"https://wefunder.com/feed/182417"},{"id":176398,"entity_id":"wefunder:feed_item:176398","title":"People love A+!","preview":"Dear Investors,We hope this message finds you well. We wanted to take a moment to provide you with an exciting update on the progress of A+, our streaming platform that continues to grow and make an impact.Since our last communication, A+ has seen a steady increase in user engagement and subscription growth. With 5,000 downloads and 20% of them as paid subscribers, we are steadily moving towards our goal of reaching 10,000 subscribers by the end of the year. The interest in premium Latino con...","published_at":"2024-09-30T21:42:48Z","canonical_url":"https://wefunder.com/feed/176398"},{"id":174924,"entity_id":"wefunder:feed_item:174924","title":"TODAY IS THE DAY!!!","preview":"Years of work, sweat, tears, and conviction!Dear investors,Today we launch our streaming platform A+!We wouldn't be here if it weren't for your support. We opened our company 8 years ago today with one mission \"To transform the narrative surrounding the U.S. Latino community in Hollywood and create a path for under-represented communities\"TODAY WE LAUNCHED OUR MOST AMBITIOUS PROJECT YET!\u0026nbsp;The launch of A+ an English Language Streaming Platform for US Latinos.We ask you for support. These ...","published_at":"2024-07-31T21:26:16Z","canonical_url":"https://wefunder.com/feed/174924"},{"id":170359,"entity_id":"wefunder:feed_item:170359","title":"Our wefunder is closing","preview":"We have some exciting news to share!We are just a few weeks away from launching our platform! We wouldn't be here if it weren't for all of you! As an investor, you will get a sneak peek of the platform before everyone else, we're excited to share A+ with you and hear your feedback. We are also closing our wefunder in just two days. If you haven't funded your investment, now is the time.Thank you for believing in our mission to uplift the Latino narrative in Hollywood:Together we are launching...","published_at":"2024-01-29T18:26:15Z","canonical_url":"https://wefunder.com/feed/170359"},{"id":169173,"entity_id":"wefunder:feed_item:169173","title":"Watch this podcast about our work to democratize access to Hollywood","preview":"Dear investors,I had the pleasure of speaking with Laura Lucas from L'attitude Ventures, one of our investors, about the work we are doing to empower Latino creatives in Hollywood, creating a pipeline of content, and connecting them to consumers who are eager to see themselves represented in media. You can watch it below.We will be sharing some major news very soon about the launch of the streamer. We are on track to launch in just a few weeks! Look out for an update soon.Once again, thank yo...","published_at":"2023-12-08T19:28:14Z","canonical_url":"https://wefunder.com/feed/169173"},{"id":168080,"entity_id":"wefunder:feed_item:168080","title":"Celebrating and Amplifying Latino Heritage across the USA","preview":"Dear Avenida Community,We hope this update finds you well and inspired as we just wrapped up the month-long celebration of Hispanic Heritage Month. This special period, from September 15th to October 15th, offers a moment for reflection, celebration, and above all, an opportunity to amplify the voices and stories of the Latino community.This past month, we embarked on a nationwide campaign promoting our Wefunder and the launch of A+ an English-language Latino streamer for U.S. Latinos. We hea...","published_at":"2023-10-25T18:53:24Z","canonical_url":"https://wefunder.com/feed/168080"},{"id":167410,"entity_id":"wefunder:feed_item:167410","title":"This is week 8!","preview":"Pitching our Wefunder at the EXP Latino event yacht partyHola Amigos and Supporters!As we reach the end of our 8th week on Wefunder, we wanted to take a moment to update you on our progress and the milestones achieved. It's been a thrilling journey, and we couldn't have done it without each and every one of you.📈 Progress and Highlights:Funding Milestone: We've successfully reached 25% of our target funding goal! With just a few weeks left in our campaign, we're confident we can hit 100% with...","published_at":"2023-09-26T20:17:37Z","canonical_url":"https://wefunder.com/feed/167410"},{"id":167170,"entity_id":"wefunder:feed_item:167170","title":"A Successful Webinar!","preview":"Wow, what a great event! We want to thank everybody who joined in for our webinar. We hope you found it to be interesting and learned a lot about how Nelson and I are working tirelessly to close the gap in Latino representation across media.If you missed the webinar, you can watch the recording of it here! Thank you for your continued support in Avenida and our campaign.We’ll continue to keep you updated on any new and exciting developments as we continue building A+ into the go-to destinatio...","published_at":"2023-09-15T22:32:15Z","canonical_url":"https://wefunder.com/feed/167170"},{"id":167097,"entity_id":"wefunder:feed_item:167097","title":"Exciting News! Our Form C Has Been Filed – Time to Finalize Your Investment","preview":"Dear Investors,We are thrilled to announce a significant milestone in our crowdfunding journey: we've successfully filed our Form C with the Securities and Exchange Commission (SEC). This brings us one step closer to realizing our collective dream of launching a streaming platform that celebrates U.S Latinos! And now it's time to take the next important step.Action Needed: Send Your FundsFor those who have expressed interest and reserved their spot to invest, now is the moment to finalize you...","published_at":"2023-09-12T23:02:10Z","canonical_url":"https://wefunder.com/feed/167097"},{"id":167090,"entity_id":"wefunder:feed_item:167090","title":"Join us for a webinar this Friday, 10am PST!","preview":"Hello,Mark your calendars because we have a very exciting event to invite you to!On Friday, September 15th, 10 am PST, I will be having a\u0026nbsp;live webinar\u0026nbsp;conversation with my Co-Founder Nelson, hosted by my good friend, and fellow Latina media pioneer, Patty Rodriguez. Patty is the Co-Founder of\u0026nbsp;Lil Libros, a publishing company dedicated to reinforcing bilingualism through bilingual children's books.In this webinar, we will be discussing the gap in Latino representation across str...","published_at":"2023-09-12T19:19:42Z","canonical_url":"https://wefunder.com/feed/167090"}],"provenance":{"source":"wefunder_public_company_profile","as_of":"2026-06-06T07:11:16Z","claims":{"total_amount_raised":{"source":"FrontCompanySummary#amount_raised","last_verified_at":"2026-06-06T05:01:45Z","as_of":"2026-06-06T07:11:16Z","confidence":"high"},"total_investors":{"source":"FrontCompanySummary#number_of_investors","last_verified_at":"2026-06-06T05:01:45Z","as_of":"2026-06-06T07:11:16Z","confidence":"high"},"active_raise_states":{"source":"Fundraise.visible(nil, nil)","last_verified_at":"2025-03-10T20:01:13Z","as_of":"2026-06-06T07:11:16Z","confidence":"high"},"latest_fundraise_state":{"source":"Fundraise.visible(nil, nil).order(funding_started_at)","last_verified_at":"2025-03-10T20:01:13Z","as_of":"2026-06-06T07:11:16Z","confidence":"medium"}}}}}}