As a typical representative of dopants, organic functional dyes have demonstrated their significant roles in novel smart liquid crystal (LC) devices, and dye-doped LCs have also been a source of inspiration for scientists to design and fabricate stimuli-gated materials or devices for envisioned applications in a wide range of areas. In this review, the focus on dichroic dyes, fluorescent dyes, and photothermal dyes, and the recent progress of the LC devices employing these dyes as dopants are overviewed. The review highlights the developments of the novel LC devices doped with these dyes. The structures, designs, and applications of these devices are outlined. The underlying principles of dichroic dyes, fluorescent dyes, and photothermal dyes which are utilized as functional dopants in LC devices are first introduced. Subsequently, the novel developments of functional dye-doped LC devices in the application fields of smart windows, attenuators for augmented reality (AR) systems, color-changeable textiles, dichroic color filters, dual-mode circular polarizers, chirality detectors, optical limiters, switchable luminescent solar concentrators, multiple information encryption, anti-counterfeiting, photo-addressed transparent displays, circularly polarized luminescence, tunable lasers, and light-driven soft actuators are discussed. Finally, the challenge and the strategies for the future improvement of dye-doped LC devices are also discussed.