# Joyz

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

- Industry: Software
- Headquarters: Tokyo, Japan
- Website: www.joyz.co.jp/
- Total disclosed funding: $4.2M
- Latest round: Series E (Apr 10, 2023)
- Investors on record: 7

## About

Based in Japan, Joyz, Inc. specializes in educational technology, delivering innovative cloud-based solutions for English language learning through its flagship application, TerraTalk.Joyz, Inc., founded in 2014 and headquartered in Tokyo, Japan, focuses on developing practical English language learning tools. The company's founder, Yoshiyuki Kakihara, has a history of entrepreneurial ventures. As of April 2023, Joyz raised JPY 150 million in Series E funding from investors including Nissay Capital and DG Daiwa Ventures, bringing its total capital raised to JPY 149.989 million and a current valuation of JPY 1,539.910 million.Joyz offers TerraTalk, a cloud-based application tailored for English language learning. This platform provides various learning solutions, including situational conversation practice and materials aligned with educational standards, appealing to elementary students and professionals. TerraTalk is utilized by various educational institutions and language schools, with a growing focus on regions like Japan, where the demand for English education continues to rise.Joyz primarily generates revenue through subscription services for its TerraTalk platform, employing a business-to-business model with educational institutions and language schools as key clients. The subscription structure allows these organizations to provide access to TerraTalk for their students, promoting an efficient learning experience that supports long-term relationships and consistent cash flow.Following its most recent funding round in April 2023, where Joyz secured JPY 150 million, the company plans to enhance its sales and business operations while continuing product research. Joyz aims to expand its market reach, focusing on new geographical regions to enhance its presence in the educational technology sector.

## Funding rounds

- Series E, Apr 10, 2023, $1.1M — Nissay Capital, DG Daiwa Ventures
- Series B, Dec 8, 2017, $1.8M — SMBC Venture Capital, Mizuho Capital, Incubate Fund, Z Venture Capital, Venture Labo Investment
- Series A, Feb 24, 2016, $1.3M — Incubate Fund

## Investors

- Incubate Fund (https://capitalatlas.ai/funds/incubate-fund) — Series A, Series B
- SMBC Venture Capital (https://capitalatlas.ai/funds/smbc-venture-capital) — Series B
- Mizuho Capital (https://capitalatlas.ai/funds/mizuho-capital) — Series B
- Z Venture Capital (https://capitalatlas.ai/funds/z-venture-capital) — Series B
- Venture Labo Investment (https://capitalatlas.ai/funds/venture-labo-investment) — Series B
- Nissay Capital (https://capitalatlas.ai/funds/nissay-capital) — Series E
- DG Daiwa Ventures (https://capitalatlas.ai/funds/dg-daiwa-ventures) — Series E