# Chatwork Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/chatwork-co

- Industry: Software
- Headquarters: Tokyo, Japan
- Website: www.chatwork.com
- Total disclosed funding: $15M
- Latest round: Series B (Jan 19, 2016)
- Investors on record: 4

## About

Chatwork Co., Ltd. is a communication platform that facilitates real-time messaging, video conferencing, and file management, catering to teams seeking to enhance collaboration and streamline workflow.Founded in 2004, Chatwork Co., Ltd. is headquartered in Tokyo, Japan, and focuses on providing digital collaboration solutions for teams. The company has undergone various adjustments to its business strategy, culminating in its IPO in August 2019, where it raised JPY 13.6 billion by selling 8.5 million shares on the Tokyo Stock Exchange. The CEO is currently not specified, but Chatwork has established itself as a significant player in the collaboration software market, having completed 5 deals to date, with the total amount raised reaching JPY 13.6 billion.Chatwork offers a comprehensive group chat platform designed specifically for global teams, aiming to enhance communication and collaboration while minimizing the chaos often associated with traditional email. The core product facilitates real-time messaging, video conferencing, and seamless file management, allowing teams to share information promptly and keep conversations organized by project or topic. These services target a diverse clientele, including over 914,000 companies across various industries, enabling them to reduce reliance on lengthy email threads and improve meeting productivity by utilizing quick, project-specific video discussions instead of time-consuming status updates. The platform is available in various geographical markets, including Japan, English-speaking countries, Taiwan, and Vietnam, making it accessible to a broad array of users engaged in modern business practices.In the most recent fiscal year 2023, Chatwork generated revenue amounting to JPY 46,258,608.4, while reporting an EBITDA of JPY -1,278,708.3. The company utilizes a subscription-based model that tailors pricing plans to meet the needs of businesses from small teams to large enterprises, ensuring clients can effectively harness its capabilities to streamline communication processes.Chatwork plans to further enhance its offerings by developing new products aimed at improving remote collaboration and communication. The company intends to expand its reach into additional markets, focusing on regions such as Southeast Asia and North America by 2025. The funds raised during the IPO will support these strategic initiatives, allowing Chatwork to invest in product development and market expansion efforts.

## Funding rounds

- Series B, Jan 19, 2016, $13M — JAFCO Group, SMBC Venture Capital, GMO VenturePartners, SBI Shinsei Corporate Investment
- Series A, Apr 27, 2015, $2.5M — GMO VenturePartners

## Investors

- GMO VenturePartners (https://capitalatlas.ai/funds/gmo-venturepartners) — Series A, Series B
- JAFCO Group (https://capitalatlas.ai/funds/jafco-group) — Series B
- SMBC Venture Capital (https://capitalatlas.ai/funds/smbc-venture-capital) — Series B
- SBI Shinsei Corporate Investment (https://capitalatlas.ai/funds/sbi-shinsei-corporate-investment) — Series B