# DORAEVER Co.

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

- Industry: Outsourcing
- Headquarters: Tokyo, Japan
- Website: https://driverforever.com
- Total disclosed funding: $5.4M
- Latest round: Series C (Jan 25, 2023)
- Investors on record: 4

## About

DORAEVER Co. ltd, based in Japan, specializes in providing digital solutions for the transportation and logistics sectors, enhancing operational efficiency through advanced management tools.Founded in 2017 and headquartered in Tokyo, Japan, DORAEVER Co. ltd focuses on delivering innovative digital transformation tools for the logistics industry. The company has engaged in three significant funding deals, with its most recent being a Series C round in January 2023, where it raised JPY 350 million from investors including ITOCHU Corporation and Nishi Shuzo Co., Ltd. To date, the total amount raised by the company amounts to JPY 350 million, and its current valuation is JPY 4,296.494 million.DORAEVER Co., Ltd. primarily offers a comprehensive suite of digital solutions designed to enhance operational efficiency within the transportation and logistics sectors. Their flagship product, "?SOUL" (UnSoul), serves as a transport management digital transformation (DX) tool that facilitates functionalities such as vehicle and driver management alongside financial information management. This platform integrates features like an automated vehicle inspection renewal system and fuel data integration, targeting labor shortages and operational inefficiencies in logistics. Catering to B2B clients, DORAEVER serves a diverse customer base, including logistics firms and freight operators across Japan, while also planning expansion into broader Asian markets. Additional services like vehicle appraisal and driver job placement further strengthen their market position.DORAEVER generates revenue primarily through subscription-based models and transaction fees associated with its services. Clients subscribe to the UnSoul platform for ongoing vehicle and driver management, often alongside one-off fees for vehicle appraisal services. The revenue model is structured with multiple pricing tiers to accommodate various client needs, allowing logistics companies to efficiently streamline their operations while utilizing DORAEVER’s comprehensive job placement services. This model fosters strong, ongoing client relationships, establishing DORAEVER as a crucial partner in the transportation and logistics sectors.In January 2023, DORAEVER Co. ltd raised JPY 350 million in Series C funding, which will be directed towards recruitment and business development. The company has plans to design and launch new product features aimed at further enhancing its digital management tools. Additionally, DORAEVER seeks to expand its operations into broader Asian markets, targeting strategic regional growth by 2024. The recent funding will facilitate these initiatives, enabling the company to strengthen its workforce and enhance its service offerings.

## Funding rounds

- Series C, Jan 25, 2023, $2.7M — Itochu, SX Capital, SIGMAXYZ Investment Inc., Nishi Shuzo Co., Ltd.
- Series B, Dec 27, 2021, $1.8M — SX Capital
- Series A, Jul 31, 2020, $0.9M — SX Capital

## Investors

- SX Capital — Series A, Series B, Series C
- Itochu — Series C
- SIGMAXYZ Investment Inc. — Series C
- Nishi Shuzo Co., Ltd. — Series C