# H.I.F. Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/h-i-f-co

- Industry: Financial Services
- Headquarters: Tokyo, Japan
- Website: www.hifcorp.co.jp
- Total disclosed funding: $1.5M
- Latest round: Series C (Aug 31, 2022)
- Investors on record: 4

## About

Based in Tokyo, Japan, and founded in 2017 by Mitsuteru Higashi-Kozono, H.I.F. Co., Ltd., a.k.a. H.I. F is developing credit examination technology for individuals, start-up companies, and major companies to offer fintech services, such as scoring data, credit evaluation data, accounts receivable price, invoicing service, financial support services, and more through the utilization of AI screening technology. In August 2022, H.I.F. Co., Ltd. raised JPY 50 million in venture debt financing. The round was part of a larger JPY 660 million equity and debt financing.

The company provides a wide range of services, including type 21 automatic credit screening circuit with artificial intelligence; a fimple warranty that guarantees the client company’s accounts receivable; fimple settlement, which is a cloud-based invoicing service that enables speedy invoicing operations, financial advisory to offer optimal financial support services; securitization of receivables to improve cash flow, reduce the risk of non-collection, and reduce billing management costs; and rent and security deposit guarantee service.

H.I. F plans to use its proceeds from August 2022 funding for developing credit technology and expanding credit granting. The company also plans to reduce technology investment, expand earnings, and start preparing for future stock listing.

## Funding rounds

- Series C, Aug 31, 2022, $1.5M — SHIKIGAKU, Kiyo Capital Management, Aidma Holdings Inc., Vortex

## Investors

- SHIKIGAKU (https://capitalatlas.ai/funds/shikigaku) — Series C
- Kiyo Capital Management (https://capitalatlas.ai/funds/kiyo-capital-management) — Series C
- Aidma Holdings Inc. — Series C
- Vortex — Series C