# Koska Corporation

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

- Industry: Software
- Headquarters: Tokyo, Japan
- Website: www.koska.jp
- Total disclosed funding: $2.6M
- Latest round: Series A (Oct 19, 2020)
- Investors on record: 3

## About

Koska Corporation specializes in automated cost management solutions for manufacturing industries, particularly focusing on small-batch, high-variety production environments. Their innovative services enhance cost visibility and operational efficiency across various sectors.Koska Corporation, founded in 2018 and headquartered in Tokyo, Japan, provides cost management services for the manufacturing sector. The company has executed 2 deals, with its latest funding round being a Series A on October 19, 2020, where it raised JPY 250 million from investors including Coral Capital, Global Brain, and DEEPCORE. The total amount raised to date is JPY 250 million, with a current valuation of JPY 1,116.717 million.Koska Corporation primarily offers GenKan, an automated cost management service designed for manufacturing environments focused on small-batch, high-variety production. This innovative solution enhances the visibility of processing costs, material expenses, and electricity consumption without increasing the workload for on-site operators. GenKan utilizes sensors to automatically collect data, thereby eliminating manual input tasks and facilitating real-time progress and cost management. The service is tailored for diverse sectors, including metal parts, food production, and plastics manufacturing, and is currently operational in various geographic markets, including Japan and potentially others in Asia. Notable clients include Akita Epson Corporation and Nitto Kohki Co., Ltd., which have successfully implemented GenKan to achieve substantial labor cost reductions and efficiency improvements.Koska Corporation’s revenue model revolves around subscriptions to its GenKan service, where clients pay a fee for the installation of specialized sensors and ongoing support. The pricing structure begins at 50,000 JPY, with clients benefiting from a seamless integration process that does not disrupt existing operations. Transactions typically occur in the B2B space, with manufacturing firms engaging Koska for its expertise in cost visibility and management solutions. The company provides extensive support, including data utilization assistance and regular progress meetings, ensuring clients can maximize the benefits of the GenKan system. Koska's focus on delivering measurable improvements in productivity and cost-efficiency aligns closely with the operational needs of its industrial clientele.In October 2020, Koska Corporation raised JPY 250 million in Series A funding to reinforce their capital and management system. The company plans to utilize this funding to enhance their GenKan product and explore new geographic markets, particularly across Asia, although specific timelines for expansion have yet to be disclosed. Koska's future initiatives will focus on developing additional features for their services to meet the evolving needs of manufacturing clients.

## Funding rounds

- Series A, Oct 19, 2020, $2.4M — Global Brain, Deepcore, Coral Capital
- Seed, Jan 16, 2019, $0.3M — Coral Capital

## Investors

- Coral Capital — Seed, Series A
- Global Brain (https://capitalatlas.ai/funds/global-brain) — Series A
- Deepcore (https://capitalatlas.ai/funds/deepcore) — Series A