About Bitstrips
Bitstrips is a Telecommunications company based in Toronto (Canada) founded in 2007 by Dorian Baldwin, David Kennedy, and Shahan Panth, and was acquired by Snapchat in July 2016. Emoji and sticker generation app. 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. Its focus areas include Consumer, Communication Apps, Content and Content Creation. Its legal entity is Snap Inc.
Company details
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.
- Headquarters Toronto, Canada
- Founders Dorian Baldwin, David Kennedy, Shahan Panth
- Stage Acquired
- SectorsTelecommunications
- Website bitstrips.com
- Social LinkedIn X Facebook
- Acquired by Snapchat (Jul 2016)
- Legal Name Snap Inc.
Products & Services of Bitstrips
Bitstrips offers a comprehensive portfolio of products and services, including Bitmoji App, Friendmoji, 3D Bitmoji, and Bitmoji Geofilters.
App for designing and sharing personalized emojis across devices
Tool for creating collaborative emojis with friends
Feature for 3D avatar experiences in virtual environments
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.
- Total Funding $11M
- Total Rounds 2
- Last Round Series B — $8M
- First Round $3M
(Dec 2013)
- Investors Count 2
All 2 funding rounds of Bitstrips with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2014 | $8M | Series B | – | – | |
| Dec 2013 | $3M | Series A | – | – |
3 investors in total: 3 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Horizons Ventures is focused on investing in deep science and technology. | horizonsventures.com | Hong Kong, China | ||
Venture capital firm investing in early-stage tech startups | 1972 | kleinerperkins.com | Menlo Park, United States | |
Multimedia messaging application for ephemeral photos and videos is provided. | 2011 | snapchat.com | Los Angeles, United States |
Investor details for Bitstrips
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
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People of Bitstrips
3 people are tracked at Bitstrips (3 in leadership).
| Name | Role | Group |
|---|---|---|
Dorian Baldwin | Co-Founder | Leadership |
David Kennedy | Co-Founder | Leadership |
Shahan Panth | Co-Founder | Leadership |
Complete people profiles for Bitstrips
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- Full employee list
- Team structure
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Timeline of Bitstrips
4 dated milestones of Bitstrips across 9 years, from founding to its latest funding, stage changes and deals.
- Founded Bitstrips is founded.
- Funding First funding round of $3.0M.
- Funding Latest funding round, Series B, of $8.0M.
- Exit Acquired by Snapchat.
Web traffic of Bitstrips
Websites that share an audience with Bitstrips (bitstrips.com).
Websites whose visitors overlap most with Bitstrips. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
toondoo.com | toondoo.com | 100% | – | ||
| pixton.com | 100% | 313.3K | #138,774 | View details | |
toonlet.com | toonlet.com | 100% | – | ||
goanimate.com | goanimate.com | 100% | – | ||
pikistrips.com | pikistrips.com | 88% | – | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 16 similar websites and full traffic analytics for Bitstrips
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- 16 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
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Related news about 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. The company's 1st funding round was a Series A of $3M, raised on Dec 2013.
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 offers Bitmoji App, Friendmoji, 3D Bitmoji, and Bitmoji Geofilters.
Bitstrips has 3 investors. Key investors include Snapchat, Kleiner Perkins, and Horizons Ventures.
Bitstrips operates through Snap Inc..
Yes. Bitstrips was acquired by Snapchat in July 2016.