5 SaaS Startups in Tokyo

January 24, 2023

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SaaS startups have become the darling of Venture Capital investors, especially in Tokyo. Over the past decade, software has proverbially “eaten the world” and SaaS companies have scaled to become unicorn corporations in staggering amounts of time.

In this article, we are examining 5 VC funded SaaS startups in Tokyo .

Linc'well

A healthcare firm called Linc'well offers software as a service (SaaS) to hospitals and other medical facilities in an effort to reduce medical inefficiencies.

Company details:
Founders:
Kazuma Kaneko, Yamamoto Ryosuke
Founded:
2018
Based in:
Tokyo, Tokyo, Japan
Website:
Linc'well
Industries:
Genetics, Health Care, Nursing and Residential Care, SaaS
Latest funding:
$69,479,576
Series C
23 November 2021
Total funding:
$81,262,675
Investors
Pavilion Capital, Incubate Fund, Sony Innovation Fund, Bain Capital, DCM Ventures

Magic Moment

Magic Moment is a software provider that enables organizations to collaborate and empowers every business to make the best choices. It is situated in Tokyo, Japan, and was established in 2017.

Company details:
Founders:
Yuya Murao
Founded:
2017
Based in:
Tokyo, Tokyo, Japan
Website:
Magic Moment
Industries:
Medical, Nursing and Residential Care, SaaS, Software
Latest funding:
$6,059,298
Series A
13 April 2021
Total funding:
$7,519,458
Investors
Sumitomo Mitsui Banking Corporation, DNX Ventures, DCM Ventures, Nippon Venture Capital, Japan Finance

MedUp

Foro CRM is a SaaS CRM product run by MedUp that offers hospitals assistance with sales and marketing, data analysis and visualization, and more.

Company details:
Founders:
Yagiuchi Ken
Founded:
2017
Based in:
Tokyo, Tokyo, Japan
Website:
MedUp
Industries:
CRM, Marketing Automation, Medical, Nursing and Residential Care, SaaS
Latest funding:
$5,379,718
Series A
28 September 2021
Total funding:
$6,302,055
Investors
DNX Ventures, All Star SAAS Fund, Mobile Internet Capital, REAPRA

Rehab for JAPAN

Rehab for Japan is developing a special rehabilitation SaaS for day service .

Company details:
Founders:
Okubo Ryo
Founded:
2016
Based in:
Tokyo, Tokyo, Japan
Industries:
Elder Care, Health Care, Rehabilitation, SaaS, Software
Latest funding:
$6,430,690
Series B
24 May 2021
Total funding:
$8,805,667
Investors
Global Brain Corporation, Kirin Holdings, SMBC Venture Capital, Mitsubishi UFJ Capital, Cyberdyne

SmartHR

Japanese businesses may modernize HR processes with the aid of SmartHR. By substituting a user-friendly online solution for spreadsheets and paperwork, SmartHR simplifies HR for Japanese businesses. Onboarding and offboarding workers was a time-consuming procedure when SmartHR was established in Japan in 2013. This was made worse by the fact that companies had to apply for social insurance and healthcare on behalf of employees using a method that had not yet been digitalized. By cutting the time it takes to execute HR operations like employment contracts from one month to just a few days, SmartHR now offers significant cost savings for businesses in a variety of industries, from high tech to retail. After initially serving startups and small enterprises, SmartHR is growing its clientele to include more larger clients.

Company details:
Founders:
Kensuke Naito, Shoji Miyata
Founded:
2013
Based in:
Tokyo, Tokyo, Japan
Website:
SmartHR
Industries:
Cloud Computing, Enterprise Software, Human Resources, SaaS, Software
Latest funding:
$114,185,036
Series D
8 June 2021
Total funding:
$194,305,050
Investors
East Ventures, DG Ventures (Digital Garage Group TSE4819), Light Street Capital, Whale Rock Capital Management, BEENEXT

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