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LINE FRIENDS
About LINE FRIENDS
LINE FRIENDS is a global creative studio that initially started as a sticker character creator for the mobile messaging app, LINE. The company has since evolved into a major player in the character intellectual property (IP) market, serving a global customer base, particularly targeting the youth demographic.
The company's business model is centered around the creation and licensing of character IPs. These characters are created in collaboration with popular entities such as the globally renowned pop group BTS, and mobile game developers like Supercell. These characters are then used in a variety of media and entertainment content, including animations, games, and merchandise.
LINE FRIENDS has successfully leveraged its character IPs to form partnerships with leading brands across various industries. These include entertainment giants like Netflix and Tencent, and music companies like Big Hit Entertainment. These partnerships have allowed LINE FRIENDS to diversify its revenue streams and increase its global reach.
The company's success is evident in its creation of BT21, a character IP developed in collaboration with BTS, which has gained significant popularity among millennials worldwide. Another successful venture is the launch of ROY6, a character lineup created in collaboration with Chinese idol star Roy Wang.
In summary, LINE FRIENDS operates in the character IP market, creating and licensing unique characters in collaboration with popular entities, and monetizing these characters through various media and entertainment content.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2017
- Headquarters
- New York City, United States
- Employees
- 43
- Open positions
- 1
- Dealroom signal
- 31.9/100
- Industry
- Media
- Sector
- Consumer Services
- Client focus
- b2c
- Investment activity
- 4 companies, latest Feb 2023
- Capital deployed
- $20M
- Preferred round
- SERIES A
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| EARLY VCOther financing | May 2023 | $101M | $402M | BRV Capital Management | ↗ |
Growth signals
Latest recorded traffic for LINE FRIENDS is 36K monthly website visits, up 80% over the last three months. LINE FRIENDS's team grew 4.9% over the past year.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A1 investor entered at this stage
BRV Capital Management
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about LINE FRIENDS on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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