# Engineerforce

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

- Industry: Software
- Headquarters: Tokyo, Japan
- Website: https://engineerforce.io
- Total disclosed funding: $0.2M
- Latest round: Seed (Oct 20, 2021)
- Investors on record: 2

## About

Based in Japan, Engineerforce Inc. develops innovative solutions for the engineering sector, focusing on advanced software platforms that enhance project management, collaboration, and operational efficiency.Engineerforce Inc. is a technology company specializing in engineering solutions. Founded in 2020 in Tokyo, Japan, the company has completed two deals. Yoshiaki Iida serves as both the Founder and CEO. The company secured JPY 10 million in VENTURE DEBT from Japan Finance Corporation in October 2021, contributing to a total funding of JPY 25 million.Engineerforce.io specializes in providing innovative solutions tailored for the engineering sector. Their core offerings include advanced software platforms designed to streamline project management, enhance collaborative workflows, and improve operational efficiency for engineering firms. These products address common challenges faced by engineers, such as project delays and communication barriers. The end users primarily consist of engineering companies, project managers, and technical teams across various sectors including construction, manufacturing, and energy, with a focus on North America and Europe.Engineerforce.io generates revenue through a subscription-based model that allows clients to access their software solutions with tiered pricing plans based on selected features and services. Clients engage in annual contracts, creating predictable revenue streams. The company sells directly to engineering firms or partners with industry-specific distributors to increase accessibility. Their flagship products are designed for scalability, enabling clients to tailor their subscriptions according to operational needs, which enhances user adoption and retention.In October 2021, Engineerforce Inc. raised JPY 10 million of venture debt from Japan Finance Corporation as part of a larger JPY 35 million funding effort. The company plans to leverage this funding to expand its business and maintain strong relationships with early investors. Future growth initiatives include the launch of new products aimed at further improving operational efficiencies and plans to expand into new markets in Asia and Europe by 2023.

## Funding rounds

- Seed, Oct 20, 2021, $0.2M — Headline [DUP], Accord Ventures

## Investors

- Headline [DUP] — Seed
- Accord Ventures (https://capitalatlas.ai/funds/accord-ventures) — Seed