# Carat

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

- Industry: Software
- Headquarters: Tokyo, Japan
- Website: www.caratinc.jp
- Total disclosed funding: $0.1M
- Latest round: Seed (Jun 1, 2017)
- Investors on record: 1

## About

Carat Inc. is an HRTech company based in Tokyo, Japan, specializing in the development of innovative solutions that leverage generative AI to enhance human resources processes.Founded in 2016 in Tokyo, Japan, Carat Inc. focuses on creating advanced tools for the HR sector. The company has successfully completed 2 deals, with the most recent funding round in May 2019, where it raised JPY 63 million from CareerIndex Inc. and other investors. No significant pivots in strategy or changes in operations have been noted since its inception.Carat Inc. operates within the HRTech space, offering a suite of products designed to improve efficiency in human resources. Their flagship product, "AI Job Search," utilizes advanced algorithms to streamline recruitment, enhance job matching, and boost employee engagement. The company's client base spans various sectors, extending beyond Japan to include international markets seeking to adopt HR technology advancements.Carat Inc. generates revenue through subscription models for its HRTech products. Businesses subscribe to the "AI Job Search" platform, paying recurring fees to access tools that enhance recruitment and employee management. This B2B model aligns the company's offerings with clients' operational goals, ensuring a seamless integration of technology into their HR processes.Carat Inc. plans to leverage the JPY 63 million raised in May 2019 to further develop its product offerings and expand into new geographical markets. The company aims to introduce new products designed to enhance HR capabilities, with targeted release dates and expansion plans to be detailed in future communications. Specific regions for growth have not been disclosed, but the focus remains on tapping into emerging markets that are adopting HR technology solutions.

## Funding rounds

- Seed, Jun 1, 2017, $0.1M — Skyland Ventures

## Investors

- Skyland Ventures (https://capitalatlas.ai/funds/skyland-ventures) — Seed