The company has sold a majority stake to Tiny, a Canadian technology investment and holding company, in a deal that values Letterboxd at about $50 million. Matthew Buchanan and Karl von Randow, who founded the company in 2011, will continue to lead it.
“Teaming up with Tiny represents a big leap forward for us,” said Buchanan and von Randow in a statement. “Tiny’s impressive track record, which includes spurring the growth of the thriving design community, Dribbble, speaks to their ability to cultivate and grow businesses like ours without altering the fundamental components that have made them successful.
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