# Avenida Entertainment Group, Inc

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

- Canonical URL: https://wefunder.com/avenida
- Entity ID: wefunder:company:125413
- Last updated: 2026-06-06T05:01:45Z
- Generated at: 2026-06-06T07:10:23Z

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

## Active fundraises
- wefunder:fundraise:73046: 4(a)(6) successful (USD)
- wefunder:fundraise:73047: 4(a)(6) successful (USD)

## 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  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  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. Based on this interest, the industry size and competitors in the space we have crafted a clear path to launch and scale A+Note: Forward-looking projections cannot be guaranteed.Read about us in the press!

## FAQ
1. **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?**
   - 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.
2. **Hello, What is the [actual] end date for this campaign, Form C says it's in April... is that wrong?**
   - Thank you for your interest. The campaign closes December 1st or when the round gets filled.
3. **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...**
   - 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...
4. **Oh OK cause you have Latinos and everybody else. Thanks for response**
   - Of course.
5. **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...**
   - 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 ...

## Team
- Fanny Grande (CEO & Co-Founder)
- Nelson Grande (COO & Co-Founder)

## Recent posts
- Important Investor Update: Avenida is Winding Down (2025-05-16T21:37:11Z)
- People love A+! (2024-09-30T21:42:48Z)
- TODAY IS THE DAY!!! (2024-07-31T21:26:16Z)
- Our wefunder is closing (2024-01-29T18:26:15Z)
- Watch this podcast about our work to democratize access to Hollywood (2023-12-08T19:28:14Z)
- Celebrating and Amplifying Latino Heritage across the USA (2023-10-25T18:53:24Z)
- This is week 8! (2023-09-26T20:17:37Z)
- A Successful Webinar! (2023-09-15T22:32:15Z)
- Exciting News! Our Form C Has Been Filed – Time to Finalize Your Investment (2023-09-12T23:02:10Z)
- Join us for a webinar this Friday, 10am PST! (2023-09-12T19:19:42Z)
- Today marks one month since we launched! (2023-08-23T23:00:50Z)
- Week three of our campaign was a big success! (2023-08-14T18:50:26Z)
- Here's to an amazing first week! (2023-08-03T20:46:53Z)

## Q&A
- Q: Oh OK cause you have Latinos and everybody else. Thanks for response
  - A: Of course.
- Q: Are there any updates on what is happeing with the launch of the streaming platform?
  - A: Hello Bel, the Roku app is almost ready as well as the fast channels and other apps and we are preparing for the upfronts in NYC next month.
- Q: I would like to know if you can help me start my business as a part of the community to help our children and teenagers or even adults come to my state of business and learn how to dance learn about music you know have competition with different cities you know so they can accomplish they go on becoming dancers so they can have the opportunity to get themselves involved into entertainment industry
  - A: Dear Frances, sounds like a wonderful idea. We’re very focused on launching our streaming platform and are not able to help you start your business. Wishing you the best on your journey.
- Q: Got you with pre orders I mentioned 5 times more cause I have a business associate where you offer I think I saw 3 different things to help people, they have 1 and making several million. When i look you haven't even scratched the surface yet which is good. I never mentioned going to colleges etc. Also, why I said once you get everything going you will easily be able to do several million pretty fast. Only thing i don't like about companies is when it takes them longer to grow then it should then investors sitting back after several years not seeing a dime. Thanks
  - A: Yes that's correct. Especially since we already have a large distribution footprint.
- 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 i mentioned as far as students,grads in college with majors(just getting a small amount from each college etc) that revolves around all this you should be at 5,6 times your revenue at least not the case. you don't have just one thing you have several different things you can help people with! people are seeing even low budget films,shows are crushing it! what you have fits perfectly! i watched an episode of "the Profit" and marcus lemonis said to founders to paraphrase you have this, you have that why isn't your revenue more, producing more? congrats on your success thus far and what you are doing! love everything except what i just mentioned. what you are offering can help so many!
  - 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 lot and looking to cross into profit on 2024
- 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 easily several million! your cost of revenue to revenue is very good you be surprised some 90 percent of revenue. i don't know how big your marketing team is but i know we have certain companies, i invested in over 150 companies, have my own and some sports teams. all they do for us is handle dealing with universities, colleges, theme parks, airports etc then our marketing team focus on the other things especially since so many theme parks, airports, colleges etc we could spend all the time then some on those 3 things alone which causes things to move slow, they can't do but so much. as i look at your general and admin it is way higher than your revenue, your total operating expenses is close to 3 times your revenue, not good which plays into why you losses are so high. are you fixing any of that now. what you offer is amazing. i can easily push this. lastly, unless i am overlooking it when it comes to the a plus i see the info about it but i don't see a link or message thing where somebody could put in their contact info etc with any questions etc. anything i invest in i like to get down and dirty. nobody wants to take years to see a return. you don't want your 100 buck investor making 150 after 6 etc years. great breakdown on what you offer and what seperates you from others. great job!
  - 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 community which is the Alpha consumer in the media space. For marketing, we have a couple of approaches. We’re happy to share that we have an expansive grassroots network and access to millions of potential subscribers through our community partners, influencer friends and celebrity friends that are ready to share to launch once we go live since they will also have content on A+. We will also utilize traditional marketing through ads, event sponsorships, social media paid ads, etc. I’m glad you mentioned the cash burn because that rate you see is almost capped off and not going to increase much without the revenue surpassing it in the coming year. I’m not sure what you’re referring to when it comes to inputing information on A+, but if I think you’re asking about capturing user information, then we have that covered through the platform and app. We will be able to gather data on users like any other app and use that to optimize the app and user experience. Lastly, the part about returns, we are not looking for a long slow growth. We’ve been working closely with our advisors and consultants to put together conservative but realistic projections and we are aiming to grow exponentially over the next couple of years and beyond. Thanks again and we hope you'll join us.
- 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: 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.