AGBO Valuation, Funding & Investors

AGBO is valued at $1.1B as of January 2022.

See full AGBO profile

Last AGBO valuation

$1.1B

Strategic investment · Jan 2022

Last AGBO funding round

$400M

Strategic investment · Jan 2022

Cumulative funding AGBO raised

$400M

across 1 funding round

Key investors in AGBO

AGBO Overview

About AGBO

AGBO is a Los Angeles-based entertainment production company creating films, series, and digital content across platforms like Netflix and theaters. It produced blockbusters including Avengers: Infinity War and Cherry while developing story universes in action, sci-fi, and drama genres. AGBO collaborates with studios such as A24 and Amazon MGM Studios to distribute globally.


Founded

2017

HQ

United StatesLos Angeles, CA

Website

agbo.com

Status

Privately held

Customer focus

B2B

Revenue model

Services, Subscription

Valuation

$1.1B (Jan 2022)

AGBO Valuation

AGBO is currently valued at $1.1B, based on its strategic investment round in January 2022.

The $400M round was led by NEXON.

AGBO valuation by funding round

AGBO valuation by funding round
DateStageValuation
Jan 2022Strategic investment$1.1B

AGBO Funding History

AGBO has raised a total of $400M across 1 funding round.

AGBO funding rounds

AGBO funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Jan 2022Strategic investmentNEXON (lead)$400M$1.1BAGBO, founded in 2017 by directors Anthony and Joe Russo along with Mike Larocca, is a Los Angeles-based film and television production company known for projects with Netflix, NBC Universal, Amazon Prime Video, Disney, Apple TV Plus, A24, and Roku. The company focuses on ambitious storytelling across media, including potential expansions into interactive entertainment and franchises. In January 2022, Nexon, a major Japanese video game company, invested $400 million for a 38% stake, valuing AGBO at $1.1 billion and making Nexon its largest shareholder with two board seats. The strategic investment, led by Nexon's Nick van Dyk, aims to converge film/TV with gaming, leveraging Nexon's expertise in online virtual worlds and global franchises to co-develop universes across games, film, TV, merchandising, and more. AGBO plans to explore adapting Nexon games into entertainment and extending its IP into games, while maintaining creative independence. The deal boosts AGBO's resources for developing new franchises, co-financing projects, and global growth as a creator-led independent entity. Nexon committed to an additional up to $100 million investment in the first half of 2022 if requested by AGBO, bringing total potential funding to $500 million across two tranches. Advisors included PJT Partners for AGBO and Skadden Arps for legal, with Loeb & Loeb for Nexon.

Who has invested in AGBO?

1 investor has backed AGBO across its funding rounds, including NEXON.

Lead investors include NEXON.


AGBO Investors

Investors in AGBO by funding rounds participated
InvestorHQRoundsRoleFirst check

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AGBO Competitors

AGBO competitors include listed companies like Amagi Media Labs and Alibaba Pictures Group, and private ones like Iyuno-SDI, APX Group, Minute Media and Omaha Productions.

Public and private companies comparable to AGBO
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
Iyuno-SDIUnited StatesLos Angeles, CAPrivate--$1.2B-
APX GroupUnited StatesNew York City, NYPrivate--$1B-
Minute MediaUnited KingdomLondonPrivate$300M-$1B3.3x
Omaha ProductionsUnited StatesLos Angeles, CAPrivate--$800M-
Amagi Media LabsIndiaIndiaPublicly listed$157M$8M$1.3B6.3x
Alibaba Pictures GroupChinaChinaPublicly listed$1.2B$133M$1.8B0.7x

AGBO Public Comps

AGBO is still privately-owned, but its public comps include Bona Film Group, MNC Digital Entertainment, Harmonic, Sinclair, Saregama India, Shochiku, China Television Media, ProSiebenSat.1 Media, JYP Entertainment and Anycolor.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Bona Film Group$187M($204M)8.4x7.8x(7.7x)(152.8x)
MNC Digital Entertainment$216M$73M4.7x-14.0x-
Harmonic$361M$24M3.0x2.3x46.2x11.9x
Sinclair$3.2B$491M1.4x1.3x9.2x6.7x
Saregama India$100M$36M9.7x8.6x26.8x24.6x
Shochiku$632M$80M2.0x2.1x16.2x19.4x
China Television Media$155M$9M5.8x-97.8x-
ProSiebenSat.1 Media$4.2B($22M)0.6x0.6x(118.4x)5.8x

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Common questions about AGBO

When was AGBO founded?AGBO was founded in 2017.
Where is AGBO headquartered?AGBO is headquartered in Los Angeles, CA, United States.
Is AGBO publicly listed?No, AGBO is a private, VC-backed company.
What is AGBO's valuation?AGBO was last valued at $1.1B in its strategic investment round in January 2022.
How much funding has AGBO raised?AGBO has raised $400M across 1 funding round.
What was AGBO's last funding round?AGBO's last funding round was a $400M strategic investment round in January 2022, led by NEXON.
Who are AGBO's investors?AGBO's investors include NEXON.
Which companies are comparable to AGBO?Companies comparable to AGBO include Iyuno-SDI, APX Group, Minute Media, Omaha Productions, Amagi Media Labs and Alibaba Pictures Group.

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