Bitstrips

Toronto, Canada Founded: 2007 • Age: 19 yrs Acquired By Snapchat
Emoji and sticker generation app
Annual revenue - Latest available
Total funding $11.0M 2 rounds
Employees - Tracked headcount
Investors 3 Known backers
Products 4 Services tracked
Competitors 6 Brand Intelligence

About Bitstrips

Bitstrips is a company based in Toronto (Canada) founded in 2007 by Dorian Baldwin, David Kennedy, and Shahan Panth was acquired by Snapchat in July 2016. Bitstrips has raised $11 million across 2 funding rounds from investors including Snapchat, Kleiner Perkins and Horizons Ventures. Bitstrips offers products and services including Bitmoji App, Friendmoji, 3D Bitmoji, and Bitmoji Geofilters. Bitstrips operates in a competitive market with competitors including MemeChat, Bitmoji, TouchPal, Emoji Up and GIF2Sticker, among others.

  • Headquarter Toronto, Canada
  • Founders Dorian Baldwin, David Kennedy, Shahan Panth
  • Sectors
    Telecommunications
  • Phone
    Locked
  • Website
    Locked
  • Social
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  • Legal Name Snap Inc.
Operational Areas
Telecommunications → Telecommunications Infrastructure & Services Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $11 M (USD)

    in 2 rounds

  • Latest Funding Round
    $8 M (USD), Series B

    Oct 29, 2014

  • Investors
    Snapchat

    & 2 more

  • Employee Count
    Not available
  • Acquired by
    Snapchat

    (Jul 19, 2016)

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Products & Services of Bitstrips

Bitstrips offers a comprehensive portfolio of products and services, including Bitmoji App, Friendmoji, 3D Bitmoji, and Bitmoji Geofilters.

Product name locked
Category locked
Primary

App for designing and sharing personalized emojis across devices

Product name locked
Category locked
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Tool for creating collaborative emojis with friends

Product name locked
Category locked
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Feature for 3D avatar experiences in virtual environments

Product name locked
Category locked
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Filters for adding location-specific emoji elements

Funding Insights of Bitstrips

Bitstrips has successfully raised a total of $11M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $8 million completed in October 2014. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Bitstrips

Bitstrips has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Snapchat, Kleiner Perkins and Horizons Ventures.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Horizons Ventures is focused on investing in deep science and technology.
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Venture capital firm investing in early-stage tech startups
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Multimedia messaging application for ephemeral photos and videos is provided.
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Investor details for Bitstrips

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
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  • Participation history

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Investments & Acquisitions by Bitstrips

Investments
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Investment portfolio details for Bitstrips

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  • Transaction dates
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Financial Statements - Bitstrips

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Detailed financials for Bitstrips

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  • Profit trends
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Bitstrips Comparisons

Bitstrips Primary company
Description
Emoji and sticker generation app
Location
Toronto, Canada
Founded Year
2007
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Bitstrips

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Competitors of Bitstrips

Bitstrips operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as MemeChat, Bitmoji, TouchPal, Emoji Up and GIF2Sticker, among others.

Company Name Domain Founded year HQ Location Description
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Meme creation and sharing are facilitated by an online platform.
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Personalized emojis are created and shared via a mobile app.
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Customized emojis and stickers are created via a mobile application.
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Provides emoji library, editor, and tools for creating and sharing emojis online.
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Offers sticker-making solutions for messaging applications.
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Detailed competitors of Bitstrips

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Latest news on Bitstrips

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Complete news archive for Bitstrips

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Frequently Asked Questions about Bitstrips

Bitstrips was founded in 2007 and raised its 1st funding round 6 years after it was founded.

Bitstrips is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.

Bitstrips is a funded company, having raised a total of $11M across 2 funding rounds to date.

Bitstrips was founded in 2007 in Toronto, Canada, as an app focused on digital content creation in the social media sector. Emojis and stickers featuring users and their contacts are generated, along with comic characters, memes, and sketches. Content produced is shared through platforms like Snapchat. The service operates on iOS and Android devices, supporting user-driven customization and distribution.

Bitstrips's top competitors include MemeChat, Bitmoji and TouchPal.

Bitstrips offers Bitmoji App, Friendmoji, 3D Bitmoji, and Bitmoji Geofilters.

Bitstrips has 3 investors. Key investors include Snapchat, Kleiner Perkins, and Horizons Ventures.

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