BETR Productions

BETR Productions

BETR Productions is raising funds on Wefunder. The company is revolutionizing meetings and events with its AI-powered hardware. BETR Productions integrates modern business practices from the tech sector into the AV industry and sets itself apart in equipment and operational strategies. The company has $2.25 million in signed letters of intent and has the opportunity to bid on two large tech company user conferences in 2024. Joshua Perlman, Jason Mullaney, and David Cicero Burns founded BETR Productions in October 2022. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $500,000. The campaign proceeds will be used for marketing, software development, operational expenses, and additional prototyping.

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Investment Overview

Raised this Round: Raised: $95,400

Deal Terms

Total Commitments ($USD)

Platform
Wefunder
Start Date
05/27/2024
Close Date
02/17/2025
Min. Goal
$50,000
Max. Goal
$500,000
Min. Investment

$100

Security Type

Revenue Share

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Return Multiple

2.00X

Rev. Share %

7.00%

Company & Team

Company

Year Founded
2022
Industry
Business Services, Software, & Applications
Tech Sector
Hardwaretech
Distribution Model
B2B
Margin
Medium
Capital Intensity
High
Location
Elmsford, New York
Business Type
High Growth
Company Website
Visit Website

Team

Employees
3
Prior Founder Exits?
No
Founder Name
Josh Perlman
Title
CEO & President
Founder Name
Jason Mullaney
Title
Chief Revenue Officer
Founder Name
David Burns
Title
Chief Production Officer

Financials

as of Fiscal Year 2023
 Revenue
$4,672
 Monthly Burn
$11,072
 Runway
3.6 months
Gross Margin
64%

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$4,672

$0

COGS

$1,669

$0

Tax

$450

$0

 

 

Net Income

$-132,866

$0

Summary Balance Sheet

FY 2023 FY 2022

Cash

$40,154

$80

Accounts Receivable

$0

$0

Total Assets

$40,154

$80

Short-Term Debt

$22,939

$0

Long-Term Debt

$0

$0

Total Liabilities

$22,939

$0

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$0
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
02/17/2025 Wefunder - $95,400 Revenue Share Active RegCF
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BETR Productions on Wefunder 2024
Platform: Wefunder
Security Type: Revenue Share

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