# AtHearth

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

- Industry: Internet
- Headquarters: Tokyo, Japan
- Website: www.athearth.com
- Total disclosed funding: $0.7M
- Latest round: Series A (Oct 30, 2020)
- Investors on record: 1

## About

AtHearth, Inc. provides specialized real estate services for expatriates in Tokyo, integrating AI-driven property matching with traditional real estate expertise to facilitate seamless housing solutions for foreign residents.Founded in 2015 and headquartered in Tokyo, Japan, AtHearth, Inc. focuses on providing tailored housing solutions for expatriates. The company has successfully completed three deals, with the most recent funding round being a Series A that raised JPY 77.000 mn from Genesia Ventures, bringing the total amount raised to JPY 77.000 mn and establishing a current valuation of JPY 577.314 mn. The CEO of AtHearth is Tomonari Kino, who has a background in real estate services.AtHearth specializes in providing comprehensive real estate services tailored specifically for expatriates seeking housing in Tokyo. Their core offerings include an AI-driven property matching system alongside traditional real estate services that leverage over a decade of local expertise. The platform enables users to navigate Tokyo's competitive housing market by assessing their needs and preferences through a series of questions, which are then used to recommend suitable properties. AtHearth also coordinates property viewings, manages the digital application process, and offers customized walkthroughs that clarify contract terms, ensuring a seamless transition for clients. Their service is designed for diverse customer segments, including families, students, and pet owners, primarily serving expatriates moving to Tokyo. AtHearth’s geographical focus is primarily within the Tokyo metropolitan area, addressing the unique challenges faced by foreign residents in securing suitable accommodations.AtHearth generates revenue through transaction-based services within the real estate market, specifically catering to expatriates and foreign residents. The business model involves facilitating rental agreements between property owners and clients, often incorporating a commission-based structure for successful transactions. AtHearth’s revenue is derived from a percentage of the rental fees negotiated during the leasing process, ensuring they benefit from both sides of the transaction—property owners looking to lease their apartments and expatriates seeking suitable housing. This arrangement exemplifies the company's B2C model, as it directly serves individual clients looking for housing solutions. Pricing structures for their services are established based on the market rates for the properties listed, reflecting the competitive landscape of Tokyo’s real estate market.In December 2024, AtHearth, Inc. raised JPY 77.000 mn from new investor AG Capital. This funding aims to accelerate AtHearth's service expansion, enhance digitalization, and address the housing needs of foreign residents in Tokyo. The company plans to introduce new digital tools to further streamline the property search process, with expected launches in mid-2025. Additionally, AtHearth aims to expand its services to other major cities in Japan by 2026, targeting regions such as Osaka and Yokohama to reach a broader expatriate clientele.

## Funding rounds

- Series A, Oct 30, 2020, $0.7M — Genesia Ventures

## Investors

- Genesia Ventures (https://capitalatlas.ai/funds/genesia-ventures) — Series A
