Company Profile (AI Text)
Name: Avenida Entertainment Group, Inc
Canonical URL: https://wefunder.com/avenida
Updated at: 2026-06-06T05:01:45Z

Tagline: Join us in launching an English-language streamer for US Latinos!

Key claims:
- Total raised on Wefunder: 139858 | citation: https://wefunder.com/avenida#claim-total-raised
- Total investors: 164 | citation: https://wefunder.com/avenida#claim-total-investors

Verified facts:
- Total raised on Wefunder: 139858 | observed_at: 2026-06-06T05:01:45Z | expires_at: 2026-06-07T05:01:45Z
- Total investors: 164 | observed_at: 2026-06-06T05:01:45Z | expires_at: 2026-06-07T05:01:45Z

Computed metrics:
- total_amount_raised: 139858
- total_investors: 164
- team_size: 2
- featured_investor_count: 3
- faq_count: 5
- recent_post_count: 10

Quick facts:
- Launching A+, an English language streaming platform for US Latinos | citation: https://wefunder.com/avenida#claim-fact-1
- Addressing the US Latino streaming consumption of $4 billion annually | citation: https://wefunder.com/avenida#claim-fact-2
- Developed a tech-driven crowdfunding platform for creatives; 90% success rate and over $1m raised | citation: https://wefunder.com/avenida#claim-fact-3
- Hundreds of content hours secured with hundreds more in development for A+ | citation: https://wefunder.com/avenida#claim-fact-4
- Highlighted in Forbes, Variety, Reuters, and other major publications | citation: https://wefunder.com/avenida#claim-fact-5
- Led by Founders + Advisors with rich industry experience from NatGeo, HBO, Hulu, Warner, and PBS | citation: https://wefunder.com/avenida#claim-fact-6
- Hundreds of projects have been funded and produced in our ecosystem | citation: https://wefunder.com/avenida#claim-fact-8

FAQ:
- Q: Hi there, a) What is your most recent monthly burn rate? b) What is your most recent monthly cash on hand? c) Are you raising a parallel angel or VC round simultaneously? If yes, who is investing in this round?
  A: 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.
- Q: Hello, What is the [actual] end date for this campaign, Form C says it's in April... is that wrong?
  A: Thank you for your interest. The campaign closes December 1st or when the round gets filled.
- Q: 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...
  A: 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...
- Q: Oh OK cause you have Latinos and everybody else. Thanks for response
  A: Of course.
- Q: 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...
  A: 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:
- Important Investor Update: Avenida is Winding Down (2025-05-16T21:37:11Z) https://wefunder.com/feed/182417
- People love A+! (2024-09-30T21:42:48Z) https://wefunder.com/feed/176398
- TODAY IS THE DAY!!! (2024-07-31T21:26:16Z) https://wefunder.com/feed/174924
- Our wefunder is closing (2024-01-29T18:26:15Z) https://wefunder.com/feed/170359
- Watch this podcast about our work to democratize access to Hollywood (2023-12-08T19:28:14Z) https://wefunder.com/feed/169173
- Celebrating and Amplifying Latino Heritage across the USA (2023-10-25T18:53:24Z) https://wefunder.com/feed/168080
- This is week 8! (2023-09-26T20:17:37Z) https://wefunder.com/feed/167410
- A Successful Webinar! (2023-09-15T22:32:15Z) https://wefunder.com/feed/167170
- Exciting News! Our Form C Has Been Filed – Time to Finalize Your Investment (2023-09-12T23:02:10Z) https://wefunder.com/feed/167097
- Join us for a webinar this Friday, 10am PST! (2023-09-12T19:19:42Z) https://wefunder.com/feed/167090