# Another works

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/another-works

- Industry: Software
- Headquarters: Tokyo, Japan
- Website: https://anotherworks.co.jp/
- Total disclosed funding: $3.1M
- Latest round: Series B (Oct 12, 2022)
- Investors on record: 4

## About

Based in Tokyo, Japan, Another Works, Inc, established in 2019, focuses on providing innovative software solutions that enhance operational efficiency for various industries, streamlining project management and team collaboration needs.Another Works, Inc. operates as a software development company that specializes in project management and team collaboration tools. Founded in 2019 in Tokyo, Japan, the company has successfully completed 2 funding deals, with the most recent being a Series B round on October 12, 2022, where it raised JPY 455 million from investors including Mizuho Capital and Pegasus Tech Ventures. The current CEO is Naotomo Obayashi, who has a strong background in technology ventures.Another Works Co. specializes in innovative solutions tailored to enhance operational efficiency across various industries. Their core product offerings include advanced software platforms designed for project management and team collaboration, enabling organizations to streamline workflows, improve communication, and foster productivity. The solutions aim to address specific challenges such as task allocation, deadline management, and resource optimization, making them particularly valuable for sectors like technology, construction, and remote work environments. The company's products are utilized by a diverse client base that includes small to medium enterprises as well as larger corporations, particularly in geographic markets such as North America, Europe, and parts of Asia. These end users benefit from enhanced management capabilities and increased transparency in their projects.Another Works Co. generates revenue primarily through a subscription-based model for its software products and related services. Clients typically enter into contractual agreements for different tiers of service, which allows them access to various features based on their operational needs. This structure fosters long-term relationships and ensures a steady revenue stream as customers renew their subscriptions annually or semi-annually. Additionally, the company may engage in partnerships with other businesses to provide tailored solutions, enhancing its market presence. Specific pricing plans for flagship products reflect a comprehensive offering that scales according to the size and complexity of the client’s requirements, ensuring that users receive value proportional to their investment. Consequently, Another Works Co. is well-positioned to capitalize on the growing demand for efficient project management solutions across its targeted markets.Following the Series B financing round on October 12, 2022, where Another Works, Inc raised JPY 455 million, the company plans to utilize these funds to bolster new business development, marketing initiatives, and recruitment efforts while pursuing global expansion strategies. The company is focused on launching new software products aimed at enhancing project management capabilities, with a timeline for release aligned with the ongoing development efforts. Additionally, Another Works intends to explore new markets, particularly in North America and Europe, with an emphasis on establishing a stronger presence by 2024.

## Funding rounds

- Series B, Oct 12, 2022, $3.1M — Mizuho Capital, Pegasus Tech Ventures, Oita Venture Capital, QR Investment

## Investors

- Mizuho Capital (https://capitalatlas.ai/funds/mizuho-capital) — Series B
- Pegasus Tech Ventures (https://capitalatlas.ai/funds/pegasus-tech-ventures) — Series B
- Oita Venture Capital (https://capitalatlas.ai/funds/oita-venture-capital) — Series B
- QR Investment (https://capitalatlas.ai/funds/qr-investment) — Series B