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Quan

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A creator economy for manga and anime creators and continue to increase the content delivered to the world

Tokyo, JapanFounded 2011Consumer Services
Valuation $10–25M Last recorded · 2019
Headcount <100 Current team size
Total funding $50–100M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Quan and the history behind them.

About Quan

Founded in August 2011 by Kazuhiro Mizuno, Quan Inc. is a company headquartered in Tokyo, Japan, that specializes in the creation and global distribution of digital character content. Initially focused on creating various internet-based content, the company identified character-based communication as its core strength, recognizing that characters can transcend language barriers. This strategy proved successful, leading to a significant global footprint with offices in Thailand and China.

The company's primary business involves developing original characters and distributing them as digital stickers and GIFs across major chat applications and social media platforms like LINE, Facebook Messenger, WeChat, and WhatsApp. By October 2020, Quan's stickers had achieved 4 billion downloads, and by mid-2021, their GIFs had surpassed 5 billion views worldwide. This vast distribution network serves as a powerful promotional tool. The business model hinges on intellectual property (IP) management and licensing. Revenue is generated through the sale of these digital assets and by licensing its popular characters for merchandise, corporate promotions, and other media. Quan's characters, such as Betakkuma, Usagyuuun, and Business Fish, are known for their humorous and quirky appeal, which has resonated with a global audience.

In addition to creating its own IP, Quan supports other businesses and creators in the character industry by offering online marketing and promotional services. The company also provides design services and has expanded into the Webtoon business to further leverage its creative capabilities. A significant milestone occurred in January 2022, when Quan merged with wwwaap, a company specializing in SNS marketing using manga and anime creators, to form Minto Inc. This merger aimed to build a comprehensive creator economy company originating from Japan.

Source: Dealroom company data

At a glance

Founded
2011
Headquarters
Tokyo, Japan
Sector
Consumer Services

Investors

4 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A4 investors entered at this stage

  • Quan Capital
  • Nissay Capital
  • Mizuho Capital
  • SMBC Venture Capital
Team profiled 1 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators Hidden — book a demo quality score
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
2 countries with
team presence
🇯🇵 Japan80%
🇹🇭 Thailand20%
2 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Quan 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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