# ANDPAD

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/andpad

- Industry: Software
- Headquarters: Tokyo, Japan
- Website: www.andpad.co.jp
- Total disclosed funding: $148M
- Latest round: Series D (Sep 14, 2022)
- Investors on record: 14

## About

Based in Japan, ANDPAD Inc. specializes in developing digital solutions that enhance construction management processes, providing a cloud-based platform that integrates project management and communication functionalities.Founded in 2016 and headquartered in Tokyo, Japan, ANDPAD Inc. offers a cloud-based platform aimed at improving construction management practices. The company has completed 7 funding deals, with its most recent funding round being Venture Debt, raising JPY 1,528.000 mn on September 14, 2022. Notably, they have raised a total of JPY 10,672.000 mn through previous investment rounds. The firm is led by CEO Takeo Inada and was founded by ?? ??.ANDPAD provides a comprehensive suite of digital solutions designed to streamline construction management processes. Their core offering is a cloud-based platform that integrates project management, communication, and documentation functionalities tailored for construction companies. This platform enables project managers to track progress, manage resources, and promote collaboration among teams, addressing challenges such as delays and miscommunication in the Japanese construction market and other similar regions.ANDPAD's revenue model is based on a subscription approach, where clients pay a recurring fee for access to the platform and its services. This includes tiered pricing plans based on business size or user count, allowing clients to select packages that match their operational needs. Additionally, the firm may form partnerships with industry stakeholders to enhance service offerings, ensuring a consistent revenue stream that supports ongoing development and customer support initiatives.ANDPAD Inc. plans to leverage its recent funding from the JPY 10.67 billion Series D round to develop new products aimed at expanding its digital solutions. The company is also targeting international markets for expansion, specifically in regions where construction practices align with its offerings. The strategic use of funds will support these product developments and market entry initiatives.

## Funding rounds

- Series D, Sep 14, 2022, $75M — T Rowe Price, Globis Capital Partners, DNX Ventures, Development Bank of Japan, Minerva Growth Partners, for Startups Capital, CoinBest KK
- Series C, Oct 12, 2020, $15M — Hong Shan, Minerva Growth Partners
- Series C, Jul 20, 2020, $37M — Globis Capital Partners, DNX Ventures, Salesforce Ventures, BEENEXT
- Series B, Aug 29, 2019, $18M — Globis Capital Partners, DNX Ventures, Chibagin Capital, Salesforce Ventures, Senshu Ikeda Capital, BEENEXT, Iyogin Capital, Kyoto Capital Partners
- Series A, Mar 6, 2018, $3.7M — DNX Ventures, Salesforce Ventures, BEENEXT

## Investors

- DNX Ventures (https://capitalatlas.ai/funds/dnx-ventures) — Series A, Series B, Series C, Series D
- Salesforce Ventures (https://capitalatlas.ai/funds/salesforce-ventures) — Series A, Series B, Series C
- BEENEXT (https://capitalatlas.ai/funds/beenext) — Series A, Series B, Series C
- Globis Capital Partners (https://capitalatlas.ai/funds/globis-capital-partners) — Series B, Series C, Series D
- Chibagin Capital (https://capitalatlas.ai/funds/chibagin-capital) — Series B
- Senshu Ikeda Capital (https://capitalatlas.ai/funds/senshu-ikeda-capital) — Series B
- Iyogin Capital (https://capitalatlas.ai/funds/iyogin-capital) — Series B
- Kyoto Capital Partners (https://capitalatlas.ai/funds/kyoto-capital-partners) — Series B
- Hong Shan — Series C
- Minerva Growth Partners (https://capitalatlas.ai/funds/minerva-growth-partners) — Series C, Series D
- T Rowe Price (https://capitalatlas.ai/funds/t-rowe-price) — Series D
- Development Bank of Japan (https://capitalatlas.ai/funds/development-bank-of-japan) — Series D
- for Startups Capital (https://capitalatlas.ai/funds/for-startups-capital) — Series D
- CoinBest KK — Series D