# Matchbox Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/matchbox-technologies

- Industry: Software
- Headquarters: Tokyo, Japan
- Website: www.matchboxtech.co.jp/
- Latest round: Series A (Nov 15, 2024)
- Investors on record: 4

## About

Based in Tokyo, Japan, and founded in 2015 by co-founders Hiroaki Sato (CEO) and Takashi Sato (CFO), Matchbox Technologies Inc., formerly known as Kitlet'z Tech and Fusion'z, operates as a provider of HR tech solutions that enable flexible work environments for businesses, improving workforce management and job scheduling for employees and employers. In November 2024, Matchbox Technologies Inc. raised an undisclosed amount in venture debt financing from Japan Finance Corporation, Daishi Hokuetsu Bank, and Taiko Bank. The round was part of a larger JPY 950 million equity and debt financing.

The company provides a workforce management platform that offers job scheduling and recruitment solutions to businesses. The platform's services include temporary staffing, recruitment, and call center support. Moreover, the firm offers solutions such as employee training, payroll processing, and HR system integration. Additionally, Matchbox Technologies Inc. also provides services such as job placement and employee management tools. The company serves a diverse clientele, including enterprises seeking to adopt advanced technology solutions, potentially reaching markets in North America and Asia.

The revenue model of Matchbox Technologies is structured around direct sales and subscription-based services, addressing both B2B and direct-to-consumer markets. Clients engage in partnerships that facilitate broader distribution of their products, which are tailored to meet specific operational needs.

The funding will be utilized to focus on designing and launching new products, as well as expanding into key markets in Asia and North America by the end of 2025.

## Funding rounds

- Series A, Nov 15, 2024 — JAFCO Group, Daishi Hokuetsu Capital Partners, NSG Holdings, Taiko Capital & Consulting

## Investors

- JAFCO Group (https://capitalatlas.ai/funds/jafco-group) — Series A
- Daishi Hokuetsu Capital Partners (https://capitalatlas.ai/funds/daishi-hokuetsu-capital-partners) — Series A
- NSG Holdings — Series A
- Taiko Capital & Consulting (https://capitalatlas.ai/funds/taiko-capital-consulting) — Series A