# Flier

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

- Industry: Media
- Headquarters: Tokyo, Japan
- Website: www.flierinc.com
- Total disclosed funding: $4.2M
- Latest round: Series B (May 27, 2022)
- Investors on record: 6

## About

Flier Inc., based in Tokyo, Japan, specializes in developing and operating a book summary service that enables busy professionals to efficiently gain knowledge from significant literature, primarily focusing on business books.Flier Inc. was founded in 2013 in Tokyo, Japan, and offers a service that curates concise summaries of business literature. The company has completed 7 deals to date. The founders, Harry Brown, Hiroshi Kanda, and Tyler Jones, bring diverse expertise to the company. Recently, Flier raised JPY 307.000 mn in a VENTURE DEBT round, bringing the total amount raised to JPY 293.000 mn.Flier operates a book summary service designed for busy professionals, offering concise summaries of significant business books that can be read in about 10 minutes. This service addresses the difficulty users face in selecting relevant reading materials from a vast number of new releases in Japan, where over 8,000 new business books are published annually. Clients include business executives and academic professionals who benefit from expert analyses and curated recommendations.In the most recent year, Flier reported a revenue of JPY 5,494,426, with an EBITDA of JPY -930,442.7. The company generates revenue primarily through subscription models, allowing users to access an extensive library of book summaries through various pricing plans.Flier Inc. plans to leverage its recent funding from Oita Venture Capital and Future Creation Capital to enhance its platform and expand its service offerings. Upcoming products include advanced features designed to improve user engagement and experience. Additionally, the company targets expansion into English-speaking markets by 2025, focusing on facilitating access to Japanese business literature for a broader audience.

## Funding rounds

- Series B, May 27, 2022, $2.3M — Mizuho Capital, XTech Ventures, EggForward
- Series A, Jan 18, 2021, $1.9M — Voyage Ventures, Mynavi, Insource Co.

## Investors

- Voyage Ventures (https://capitalatlas.ai/funds/voyage-ventures) — Series A
- Mynavi — Series A
- Insource Co. — Series A
- Mizuho Capital (https://capitalatlas.ai/funds/mizuho-capital) — Series B
- XTech Ventures (https://capitalatlas.ai/funds/xtech-ventures) — Series B
- EggForward — Series B