# HitoBito

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

- Industry: Internet
- Headquarters: Tokyo, Japan
- Website: https://hitobito.co.jp/
- Total disclosed funding: $0.6M
- Latest round: Series A (Feb 3, 2023)
- Investors on record: 7

## About

Based in Japan, HitoBito Inc. develops a chat platform aimed at enhancing organizational communication and collaboration, integrating tools for messaging and project management to improve overall productivity.Founded in 2015 in Tokyo, Japan, HitoBito Inc. develops a communication platform that supports organizational collaboration. The company has secured a total funding of JPY 80 million in its SERIES A round on February 3, 2023, with notable investors including AIX Tech Ventures Inc. and MTG Ventures. The firm has completed 3 deals to date and has a current valuation of JPY 1,346.76 mn.HitoBito Inc. specializes in providing innovative solutions designed to enhance communication and collaboration within organizations. Their core offerings include a versatile platform that integrates messaging, project management, and digital collaboration tools aimed at streamlining workflows and improving productivity. These services cater to a wide array of industries, including technology, education, and healthcare, serving both small businesses and large enterprises. The company focuses on equipping clients with tools that facilitate remote work, enhance team connectivity, and support project tracking, thus addressing the increasing demand for effective digital communication solutions. HitoBito's client base spans multiple geographical markets, primarily targeting urban centers in Japan, Southeast Asia, and parts of North America, where the need for efficient collaboration tools is growing.HitoBito Inc. generates revenue through a subscription-based model, providing clients with access to their suite of products and services. This transactional structure involves tiered pricing plans that accommodate the varying needs of businesses, allowing for flexibility in user access and feature sets. Clients typically engage with the firm through annual or monthly subscriptions, securing ongoing usage of the platform while benefiting from regular updates and customer support. The company's flagship product, which encompasses its core communication and collaboration features, is positioned as a key driver of revenue, appealing to both business-to-business and direct-to-consumer segments. This structured approach ensures a steady revenue stream as clients rely on HitoBito's services to enhance their operational efficiencies.In February 2023, HitoBito Inc. raised JPY 80 million in SERIES A funding from multiple investors, including AIX Tech Ventures Inc. and GxPartners. The company plans to utilize this funding to expand its market development in Japan, Hong Kong, and Singapore, as well as to accelerate the development of artificial intelligence capabilities. New products focused on enhancing communication and collaboration are also in the pipeline, although specific release dates have not been disclosed.

## Funding rounds

- Series A, Feb 3, 2023, $0.6M — MTG Ventures, GxPartners, Graduate School of Management, Globis University, XCapital, MicroAd, AIX Tech Ventures Inc., Star to Asia

## Investors

- MTG Ventures (https://capitalatlas.ai/funds/mtg-ventures) — Series A
- GxPartners (https://capitalatlas.ai/funds/gxpartners) — Series A
- Graduate School of Management, Globis University (https://capitalatlas.ai/funds/graduate-school-of-management-globis-university) — Series A
- XCapital — Series A
- MicroAd — Series A
- AIX Tech Ventures Inc. — Series A
- Star to Asia — Series A