- Companies
- AGBO
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
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
Website
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
| Date | Stage | Valuation |
|---|---|---|
| Jan 2022 | Strategic investment | $1.1B |
AGBO Funding History
AGBO has raised a total of $400M across 1 funding round.
AGBO funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Jan 2022 | Strategic investment | NEXON (lead) | $400M | $1.1B | AGBO, 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
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
This data is available for Pro users. Sign up to see all 1 AGBO investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialAGBO 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.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | - | - | $1.2B | - | ||
| Private | - | - | $1B | - | ||
| Private | $300M | - | $1B | 3.3x | ||
| Private | - | - | $800M | - | ||
| Publicly listed | $157M | $8M | $1.3B | 6.3x | ||
| Publicly listed | $1.2B | $133M | $1.8B | 0.7x |
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 FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $187M | ($204M) | 8.4x | 7.8x | (7.7x) | (152.8x) | |||
| $216M | $73M | 4.7x | - | 14.0x | - | |||
| $361M | $24M | 3.0x | 2.3x | 46.2x | 11.9x | |||
| $3.2B | $491M | 1.4x | 1.3x | 9.2x | 6.7x | |||
| $100M | $36M | 9.7x | 8.6x | 26.8x | 24.6x | |||
| $632M | $80M | 2.0x | 2.1x | 16.2x | 19.4x | |||
| $155M | $9M | 5.8x | - | 97.8x | - | |||
| $4.2B | ($22M) | 0.6x | 0.6x | (118.4x) | 5.8x | |||
This data is available for Pro users. Sign up to see all AGBO competitors and their valuation data. Start Free Trial | ||||||||
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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