Bitstrips
Latest round
- Series B
Last raised
- Oct 2014
Total raised
- $8M
Investors
- 2
About Bitstrips
Bitstrips Inc.Founded in 2007 and headquartered in Toronto, Canada, Bitstrips Inc. specializes in avatar creation. The company transitioned its business model after being acquired by Snap Inc., allowing users to create personalized emoji avatars. These avatars enhance digital communications across platforms like Snapchat and iMessage. The service includes collaborative tools like Friendmoji for shared avatars with friends and augmented reality features like 3D Bitmoji World Lenses.Snap Inc. generates revenue through its digital products and services, with Bitmoji offered as a free service to encourage user engagement. Revenue streams typically include advertising and promotional features within Bitmoji., Bitstrips is expected to further develop its product offerings. While specific upcoming products have not been detailed, the company is likely to focus on enhancing its Bitmoji features and exploring augmented reality applications.2 mn will support these initiatives, possibly facilitating entry into new geographic markets and bolstering user engagement through innovative features. Snap Inc. aims to strengthen its foothold especially in social media markets and mobile messaging applications.
Who invested in Bitstrips
2 investors across 1 round
See all investors in Bitstrips
Sign up free to see every VC on the cap table, the rounds they joined, and how much each round raised.
Funding rounds
Series B
Oct 29, 2014
Amount
$8M
Investors
Questions about Bitstrips
Who invested in Bitstrips?
Bitstrips has 2 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Bitstrips raised?
Bitstrips has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Bitstrips last raise money?
Bitstrips's most recent round on record is a Series B, in Oct 2014.
What does Bitstrips do?
Bitstrips is a internet company.
Where is Bitstrips headquartered?
Bitstrips is headquartered in Toronto, Canada.
Which VCs invest in companies like Bitstrips?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back internet companies at Bitstrips's stage. Their profiles are linked below.
VCs backing internet startups at Series B
Raising like Bitstrips? Find the right VCs.
Capital Atlas matches your startup to active investors by stage, sector and region.