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COMPANY PROFILE

LINE FRIENDS

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New York City, United StatesFounded 2017Consumer Services
Valuation $500M–1B Last recorded · 2023
Headcount <100 Current team size
Total funding $100–500M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for LINE FRIENDS and the history behind them.

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 data

At 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

Funding history

1 recorded event

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
EARLY VCOther financing May 2023 $101M $402M BRV Capital Management ↗
Showing the latest 1 of 1 recorded eventsBook a demo for the full funding history →

Growth signals

LINE FRIENDS website traffic

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.

Latest monthly visits36K 3-month web change+80% 1-year team growth+4.9%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

Showing 8 of the closest matchesCompare every metric →

Investors

1 investor on the cap table

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
Team profiled 1 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 1 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
1 countries with
team presence
🇺🇸 United States100%
1 country shown

Market sentiment

Posts on X, past 7 days

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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