Duet provides an AI-driven financial planning and embedded project financing platform specifically for the entertainment production industry, enabling real-time cash flow monitoring and budget optimization. The platform addresses cash flow shortfalls by offering self-serve financing options, including bridge loans and vendor payment solutions, enhancing financial visibility and control for production teams.
Funding
$4.5M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Entertainment production companies face challenges in managing complex project finances, often dealing with cash flow shortfalls, limited financial visibility, and difficulties in optimizing budgets and tax incentives. Traditional financing methods can be expensive and inflexible, hindering efficient production management.
Solution
Duet offers an AI-powered financial planning and analysis (FP&A) platform with embedded financing solutions tailored for the entertainment production industry. The platform provides real-time cash flow monitoring, budget optimization, and automated tax incentive planning. Addressing cash flow gaps, Duet's Bridge Rails™ offer self-serve financing options, including short-term bridge loans and vendor payment solutions. By integrating accounting and banking data, Duet delivers enhanced financial visibility, control, and streamlined payment operations for producers, vendors, and financiers.
Target Audience
Duet primarily serves production companies, production management teams (producers, line producers, UPMs, ADs, financial executives, and production accountants), production vendors, and financiers in the entertainment industry.
Features
- AI-driven analysis of production budgets, schedules, and scripts for enhanced financial insights
- Bridge Rails™ for direct production financing and vendor payment financing
- Automated cashflow projections and cost report generation
- Digital Payment Orders (DPO) network for secure and timely digital payments to production participants
- Integration of accounting and bank data for real-time cashflow monitoring
- Tax incentive planning and insurance assessment tools
- Secure web and mobile access with role-based permissions