# HRBrain

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

- Industry: Software
- Headquarters: Tokyo, Japan
- Website: www.hrbrain.co.jp
- Total disclosed funding: $35M
- Latest round: Series F (Feb 2, 2022)
- Investors on record: 14

## About

Based in Japan, HRBrain, Inc., d.b.a. HRBrain, offers innovative cloud-based solutions for human resource management, helping organizations to enhance productivity and manage employee relations effectively.  HRBrain was founded in 2016 in Tokyo, Japan, and specializes in developing advanced HR platforms. In December 2025, HRBrain raised an undisclosed amount in venture funding from new investor SB C&S Corp. The CEO, Hiroki Hori, has led HRBrain's efforts to modernize HR practices in the Japanese market. Notably, in November 2023, BPEA EQT acquired a majority stake in HRBrain, a transaction aimed at expanding its client base and enhancing service offerings.HRBrain, Inc. specializes in providing a suite of human resources solutions known as the 'HRBrain series.' The core offering visualizes and analyzes HR-related challenges, facilitating improvements in the relationship between companies and their employees. HRBrain’s tools address critical issues like enhancing labor productivity, a recognized challenge in Japan, targeting enterprises that seek to modernize HR practices and improve employee development. By combining data analysis with practical solutions, HRBrain positions itself as an integral partner for organizations looking to foster growth at both individual and company levels.HRBrain operates on a subscription-based revenue model, allowing clients to access its HR solutions through various pricing plans tailored to diverse business needs. These plans accommodate startups as well as larger enterprises, facilitating a B2B transaction framework. Clients engage with HRBrain's services through direct partnerships, ensuring solutions align with specific organizational goals. Subscription clients benefit from ongoing updates and support to enhance their human resources capabilities. Pricing details for these subscriptions have not been disclosed, emphasizing the company's focus on customized offerings.HRBrain is poised for significant growth following its recent acquisition by BPEA EQT, which aims to expand its client base and accelerate the development of new modules. The organization is focused on launching new products that will strengthen its service offerings, although specific release dates have not been detailed. Additionally, the company plans to explore expansion into new geographic markets and regions, although specific targets have not been disclosed. The recent funding will be strengthen collaboration with a major IT distribution network in Japan, accelerate the expansion of HRBrain’s sales channels, and advance product development.

## Funding rounds

- Series F, Feb 2, 2022, $14M — Dai-ichi Life Insurance, Eight Roads Ventures, Mizuho Capital, Seiga Asset Management
- Series E, Dec 4, 2020, $9.6M — Dai-ichi Life Insurance, AG Capital, Eight Roads Ventures, SCSK Corporation, SMBC Venture Capital
- Series B, Jan 17, 2020, $5.5M — SPARX Group
- Series B, Oct 9, 2019, $3.7M — Mizuho Capital, JA Mitsui Leasing, CyberAgent, Inc., Mitani Sangyo
- Series A, Dec 18, 2017, $1.8M — Mizuho Capital, BEENEXT, Genesia Ventures, KSK Angel Fund
- Seed, Jan 11, 2017, $0.5M — BEENEXT, Genesia Ventures

## Investors

- BEENEXT (https://capitalatlas.ai/funds/beenext) — Seed, Series A
- Genesia Ventures (https://capitalatlas.ai/funds/genesia-ventures) — Seed, Series A
- Mizuho Capital (https://capitalatlas.ai/funds/mizuho-capital) — Series A, Series B, Series F
- KSK Angel Fund (https://capitalatlas.ai/funds/ksk-angel-fund) — Series A
- JA Mitsui Leasing — Series B
- CyberAgent, Inc. — Series B
- Mitani Sangyo — Series B
- SPARX Group (https://capitalatlas.ai/funds/sparx-group) — Series B
- Dai-ichi Life Insurance — Series E, Series F
- AG Capital — Series E
- Eight Roads Ventures (https://capitalatlas.ai/funds/eight-roads-ventures) — Series E, Series F
- SCSK Corporation — Series E
- SMBC Venture Capital (https://capitalatlas.ai/funds/smbc-venture-capital) — Series E
- Seiga Asset Management — Series F