# i3DESIGN Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/i3design-co

- Industry: Internet
- Headquarters: Tokyo, Japan
- Website: www.i3design.jp/
- Total disclosed funding: $1.8M
- Latest round: Series A (Jul 20, 2021)
- Investors on record: 2

## About

Based in Japan, i3DESIGN Co., Ltd. specializes in modern application development and AI-driven solutions, with a strong focus on digital transformation for various business sectors.i3DESIGN Co., Ltd. focuses on developing digital solutions to enhance business operations. Founded in 2006, the company is headquartered in Tokyo, Japan. In July 2023, i3DESIGN merged with Solid Sphere Co., Ltd., which expanded its offerings to include an xR business division. The recent investment round was a Series A, raising JPY 198.000 mn from DG Daiwa Ventures and Mizuho Capital, bringing the total amount raised to JPY 198.000 mn and valuing the company at JPY 2,350.588 mn.i3DESIGN specializes in modern application development, AI-driven solutions, and the creation of design systems aimed at facilitating digital transformation. Their offerings include support for cloud-native application development, AI modernization, and comprehensive digital product design, which enhances UX/UI using user behavior data. Targeting sectors such as finance, healthcare, and retail, i3DESIGN provides scalable systems and design frameworks to optimize client operations and improve customer engagement.i3DESIGN generates revenue through project-based engagements and ongoing support contracts, primarily operating on a B2B model. The company offers subscription-based services for its cloud-native applications and AI solutions, in addition to consulting for product growth strategies. Revenue is derived from partnerships with enterprises utilizing their SaaS offerings, structured through fixed fees for project milestones or recurring payments for ongoing services, ensuring a steady income stream as they assist clients in their digital transformation journey.Following the merger with Solid Sphere Co., Ltd. in July 2023, i3DESIGN plans to enhance its xR business division to provide clients with value-added proposals within the xR industry. The merger is expected to contribute to new product designs and launches, which are slated for release in the upcoming months. The recent Series A funding will be utilized to support these initiatives and expand into new markets, targeting regions in Asia and North America by the end of 2024.

## Funding rounds

- Series A, Jul 20, 2021, $1.8M — Mizuho Capital, DG Daiwa Ventures

## Investors

- Mizuho Capital (https://capitalatlas.ai/funds/mizuho-capital) — Series A
- DG Daiwa Ventures (https://capitalatlas.ai/funds/dg-daiwa-ventures) — Series A