# CAMPFIRE

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

- Industry: Financial Services
- Headquarters: Tokyo, Japan
- Website: www.campfire.co.jp
- Total disclosed funding: $62M
- Latest round: Series E (Dec 4, 2020)
- Investors on record: 26

## About

CAMPFIRE, Inc., based in Japan, operates the country’s largest crowdfunding platform, facilitating funding for a variety of creative projects through community-driven campaigns.Founded in 2011 in Tokyo, Japan, CAMPFIRE, Inc. specializes in crowdfunding, allowing creators to raise funds for diverse projects. The company has raised JPY 564.7 million in its most recent funding round in March 2023, targeting growth through new initiatives. Aki Takahashi is the CEO, leading a team that drives the company’s vision.CAMPFIRE, Inc. provides a comprehensive crowdfunding platform that supports various creative endeavors, including music and technology. Its core services encompass a direct crowdfunding platform, CAMPFIRE Creation for product commercialization, and the ENjiNE SaaS solution for businesses to create their crowdfunding sites, primarily serving the Japanese market with a growing international reach.CAMPFIRE generates revenue from transaction fees on successful crowdfunding campaigns, implementing a tiered fee structure based on total funds raised. The ENjiNE platform further contributes to revenue through subscription fees for businesses using its services, establishing a diverse revenue model catering to both individual creators and corporate clients.In March 2023, CAMPFIRE, Inc. secured JPY 564.7 million in Series F financing to support business expansion. The funding will be utilized for launching new products and enhancing the platform's features. The company aims to broaden its market presence, targeting new geographic regions for crowdfunding services by 2024.

## Funding rounds

- Series E, Dec 4, 2020, $29M — BASE, Inc., MARUI GROUP, Minerva Growth Partners
- Series D, Feb 28, 2020, $5.2M — Regional Economy Vitalization Corporation of Japan (REVIC)
- Series C, May 6, 2019, $20M — Itochu, Global Brain, FreakOut, Inc., Ogaki Kyoritsu Bank, Ceres, Inc, Saison Ventures, World, SEARCH FIELD inc., PARCO CO.,LTD., SB Players, Alliance Partners Co., Ltd.
- Series B, May 1, 2017, $5.4M — JAFCO Group, SMBC Venture Capital, SBI Investment, FreakOut, Inc., Money Forward, Inc.
- Series A, Jan 10, 2017, $2.9M — SMBC Venture Capital, DeNA, Suneight Investment, FreakOut, Inc., East Ventures, iSGS Investment Works, D4V, GMO Internet Group, Septeni Holdings

## Investors

- SMBC Venture Capital (https://capitalatlas.ai/funds/smbc-venture-capital) — Series A, Series B
- DeNA — Series A
- Suneight Investment (https://capitalatlas.ai/funds/suneight-investment) — Series A
- FreakOut, Inc. — Series A, Series B, Series C
- East Ventures (https://capitalatlas.ai/funds/east-ventures) — Series A
- iSGS Investment Works (https://capitalatlas.ai/funds/isgs-investment-works) — Series A
- D4V (https://capitalatlas.ai/funds/d4v) — Series A
- GMO Internet Group — Series A
- Septeni Holdings — Series A
- JAFCO Group (https://capitalatlas.ai/funds/jafco-group) — Series B
- SBI Investment (https://capitalatlas.ai/funds/sbi-investment) — Series B
- Money Forward, Inc. — Series B
- Itochu — Series C
- Global Brain (https://capitalatlas.ai/funds/global-brain) — Series C
- Ogaki Kyoritsu Bank — Series C
- Ceres, Inc — Series C
- Saison Ventures (https://capitalatlas.ai/funds/saison-ventures) — Series C
- World — Series C
- SEARCH FIELD inc. — Series C
- PARCO CO.,LTD. — Series C
- SB Players — Series C
- Alliance Partners Co., Ltd. — Series C
- Regional Economy Vitalization Corporation of Japan (REVIC) — Series D
- BASE, Inc. — Series E
- MARUI GROUP — Series E
- Minerva Growth Partners (https://capitalatlas.ai/funds/minerva-growth-partners) — Series E