Press Release
2023-10-24
2022-03-17

Kyash Raises 4.9 billion Yen from Institutional Investors in Series D Round of Funding

-A Total of 12.8 Billion Yen Raised-

Kyash Co., Ltd. (Headquarters: Minato-ku, Tokyo; President and CEO: Shinichi Takatori; hereinafter referred to as "Kyash") has completed its series D round of funding, raising 4.9 billion. This brings our total funding to approximately 12.8 billion yen.

Kyash raised approximately 4.9 billion yen through a third-party allotment of new shares to funds managed by Japan Post Investment Corporation and Block, Inc, (formerly known as Square, Inc.), as well as Greyhound Capital in and SMBC Nikko Securities Inc. in the U.K.; Altos Ventures, Goodwater Capital and StepStone Group (formerly Greenspring Associates) in the U.S.; Yitu Capital in Hong Kong; and JAFCO Group, SMBC Venture Capital, W ventures, Mitsui Sumitomo Insurance Capital, and AG Capital from Japan. This will significantly contribute to strengthening our financial base for the further acceleration of business expansion moving forward.

With this financing, we will further expand our organization through the hiring of more personnel, and  strive to contribute to the financial success of more people by expanding our business areas, and strengthening our service systems.

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