# Azoop

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

- Industry: Retail
- Headquarters: Tokyo, Japan
- Website: https://azoop.co.jp
- Total disclosed funding: $14M
- Latest round: Series B (Jun 9, 2022)
- Investors on record: 8

## About

Based in Japan, Azoop, Inc. specializes in delivering innovative technology solutions that enhance operational efficiency for diverse sectors, including manufacturing, logistics, and healthcare.Azoop, Inc. was founded in 2017 and operates from Tokyo, Japan. The company focuses on developing software applications that improve business workflows and resource management. Maharshi Bhatt serves as the CEO. Azoop has completed a total of 3 deals, with the most recent deal on June 9, 2022, when it raised JPY 1.38 billion during a Series B funding round led by Monoful Venture Partners. The total amount raised by the firm is JPY 1.38 billion, with a current valuation of JPY 6,772.73 million.Azoop, Inc. offers advanced software solutions aimed at enhancing operational efficiency across various sectors. Their product line includes tailored applications that help businesses streamline workflows, improve data management, and optimize resources. The solutions cater to industries such as manufacturing, logistics, and healthcare, targeting both small and medium enterprises and larger corporations in Asia and North America.Azoop, Inc. generates revenue through a subscription-based model for their software solutions. Clients access technology via tiered pricing plans suited to different business needs, with annual contracts common for larger enterprises. Smaller clients typically choose monthly subscriptions, fostering long-term relationships. Additional revenue may come from partnerships with distributors, expanding their market presence.In June 2022, Azoop, Inc. raised JPY 1.38 billion in Series B financing to enhance their offerings and expand their workforce. The funds will support the recruitment of additional human resources and the ongoing development of products and services. Azoop plans to introduce new software products aimed at improving operational efficiencies further. The company is also looking to expand its reach into new markets, specifically targeting growth in North America and Europe by 2024.

## Funding rounds

- Series B, Jun 9, 2022, $10M — JAFCO Group, Mizuho Capital, JA Mitsui Leasing, SBI Investment, Resona Capital, Kiraboshi Capital, Monoful Venture Partners
- Series A, Apr 9, 2019, $4M — JAFCO Group, Monex Ventures

## Investors

- JAFCO Group (https://capitalatlas.ai/funds/jafco-group) — Series A, Series B
- Monex Ventures (https://capitalatlas.ai/funds/monex-ventures) — Series A
- Mizuho Capital (https://capitalatlas.ai/funds/mizuho-capital) — Series B
- JA Mitsui Leasing — Series B
- SBI Investment (https://capitalatlas.ai/funds/sbi-investment) — Series B
- Resona Capital (https://capitalatlas.ai/funds/resona-capital) — Series B
- Kiraboshi Capital (https://capitalatlas.ai/funds/kiraboshi-capital) — Series B
- Monoful Venture Partners (https://capitalatlas.ai/funds/monoful-venture-partners) — Series B