# Lbose

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

- Industry: Software
- Headquarters: Kumamoto, Japan
- Website: www.lbose.co.jp
- Total disclosed funding: $0.7M
- Latest round: Series A (Jul 6, 2022)
- Investors on record: 4

## About

Lbose Inc. is a Japanese company focused on digital product development, offering tailored services for businesses seeking to innovate and streamline their operations in the digital landscape.Founded in 2017 in Kumamoto, Japan, Lbose Inc. specializes in developing digital products and services. The company has completed 3 deals, with its most recent funding round being a Series A that raised JPY 89 million on July 6, 2022. The funding came from investors including All About, Inc., Higin Capital, and UNITED, which supports the company's growth strategy. The current company valuation stands at JPY 869.399 million.Lbose, Inc. specializes in the development of digital products, offering tailored services that cater to businesses seeking to innovate in the digital landscape. Their primary offerings include comprehensive project management for web services and application development, aimed particularly at companies that lack internal resources or expertise in these areas. Lbose’s service framework employs dedicated project managers who guide clients through various stages of new business development, including planning, prototyping, and operational improvements. One of their flagship products is the AI-OCR solution, 'Lbose OCR-CORE,' which automates the digitization of paper documents, significantly enhancing efficiency in order processing for manufacturing, wholesale, and retail sectors. This product addresses the common industry challenge of manual data entry errors and streamlines workflows by converting physical orders into digital formats. Lbose primarily serves clients in Japan and targets industries that are undergoing digital transformation, focusing on enhancing productivity and operational efficiency.Lbose, Inc. employs a subscription-based revenue model, particularly within its digital product development services, where clients engage dedicated project managers for a monthly fee. This structure facilitates ongoing partnerships with clients who seek continuous support and improvement in their digital initiatives. For its AI-OCR service, the company may offer flexible pricing based on usage, such as a tiered plan that allows clients to process a certain number of documents monthly at a fixed cost. By catering to the manufacturing, wholesale, and retail markets, Lbose generates revenue through direct business-to-business transactions, ensuring that their innovative solutions are accessible to companies needing to enhance operational efficiency in an increasingly digital environment. Specific pricing plans for individual services are designed to align with the clients' needs, promoting scalable and adaptable solutions for their digital transformation journeys.In July 2022, Lbose Inc. raised JPY 89 million in Series A funding, which will be utilized to expand its freelance business. The company plans to enhance its product offerings and accelerate its entry into new markets, focusing on industries undergoing significant digital transformation. Specific geographic regions targeted for expansion will be identified as the company develops its strategic roadmap following the recent funding.

## Funding rounds

- Series A, Jul 6, 2022, $0.7M — All About, Inc., UNITED, inc., Higin Capital
- Seed, Oct 5, 2018 — ANRI

## Investors

- ANRI (https://capitalatlas.ai/funds/anri) — Seed
- All About, Inc. — Series A
- UNITED, inc. — Series A
- Higin Capital (https://capitalatlas.ai/funds/higin-capital) — Series A