# Cinnamon

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

- Industry: Software
- Headquarters: Tokyo, Japan
- Website: www.cinnamon.ai
- Total disclosed funding: $17M
- Latest round: Series C (Apr 23, 2020)
- Investors on record: 17

## About

Founded in 2012 and based in Tokyo, Japan, Cinnamon, Inc. creates artificial intelligence-based business systems for work automation. The company was founded by its CEO Miku Hirano, COO Yoshiaki Ieda, and Hajime Hotta. As of 2022, the company has 200 employees.

Cinnamon’s product line includes Flax Scanner, which is a document reader that automatically retrieves important text components in documents; Zenbuyomumon, for digitizing analog documents; and Knowledge Collector, which collects and identifies information using photos, audio, and videos.

## Funding rounds

- Series C, Apr 23, 2020, $3.2M — Pegasus Tech Ventures, D4V, GEEK PICTURES
- Series B, Jan 28, 2019, $13M — Nomura Holdings, Sumitomo Mitsui Banking Corporation, SMBC Venture Capital, SPARX Group, SBI Investment, ITOCHU Techno-Solutions, TIS Inc., FFG Venture Business Partners
- Series B, Jun 1, 2018 — SBI Investment, ITOCHU Techno-Solutions, Sony Innovation Fund, FFG Venture Business Partners, TIS
- Series A, Feb 10, 2014, $1.5M — CyberAgent Capital, Incubate Fund, Golden Gate Ventures, TBS Innovation Partners

## Investors

- CyberAgent Capital (https://capitalatlas.ai/funds/cyberagent-capital) — Series A
- Incubate Fund (https://capitalatlas.ai/funds/incubate-fund) — Series A
- Golden Gate Ventures (https://capitalatlas.ai/funds/golden-gate-ventures) — Series A
- TBS Innovation Partners (https://capitalatlas.ai/funds/tbs-innovation-partners) — Series A
- SBI Investment (https://capitalatlas.ai/funds/sbi-investment) — Series B
- ITOCHU Techno-Solutions — Series B
- Sony Innovation Fund (https://capitalatlas.ai/funds/sony-innovation-fund) — Series B
- FFG Venture Business Partners (https://capitalatlas.ai/funds/ffg-venture-business-partners) — Series B
- TIS — Series B
- Nomura Holdings — Series B
- Sumitomo Mitsui Banking Corporation — Series B
- SMBC Venture Capital (https://capitalatlas.ai/funds/smbc-venture-capital) — Series B
- SPARX Group (https://capitalatlas.ai/funds/sparx-group) — Series B
- TIS Inc. — Series B
- Pegasus Tech Ventures (https://capitalatlas.ai/funds/pegasus-tech-ventures) — Series C
- D4V (https://capitalatlas.ai/funds/d4v) — Series C
- GEEK PICTURES — Series C