Why are you trying to raise private equity? This isn't something they would normally invest in. Sounds like you should look to raise capital from angels.

My experience raising capital for films has been very different from my venture experience. All my institutional investor colleagues have said raising capital for films is out of the question. However non institutional investors look for trophy investments in films, these people mostly run in the angel groups. They just want to be a part of something fun.

Also what is your hesitation with a crowdfunding campaign? Do you have a following already, if so how many users? Why would I want to invest into you?