# Mazrica

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

- Industry: Software
- Headquarters: Tokyo, Japan
- Website: https://mazrica.com
- Total disclosed funding: $5.1M
- Latest round: Series B (Sep 13, 2019)
- Investors on record: 6

## About

Based in Japan, Mazrica Inc. develops advanced cloud applications that leverage artificial intelligence to enhance sales processes and customer relationship management for organizations.Mazrica Inc. is a technology company focused on providing cloud-based sales and customer relationship management solutions. Founded in 2015 and headquartered in Tokyo, Japan, it has successfully completed 6 deals, with the latest funding round occurring on May 24, 2023. The company raised JPY 675 million in its most recent funding round led by Mitsubishi UFJ Capital, contributing to a total amount raised of JPY 675 million and a current valuation of JPY 5,614.206 million. The CEO of the company is Eiji Kurosa, and the founder is Tomofumi Iisaku.Mazrica Inc. specializes in providing advanced cloud-based applications designed to enhance sales and customer relationship management (CRM) through the utilization of artificial intelligence (AI). Their flagship product leverages accumulated organizational sales data to suggest actionable next steps for businesses, ultimately maximizing their sales performance and transforming organizational knowledge into valuable assets. The platform is engineered for managing sales projects and customer relationships while cultivating a robust sales organization by converting data into actionable insights. Targeted primarily toward B2B clients across various sectors, Mazrica’s solutions are implemented in markets such as Japan and other regions seeking to optimize operational efficiency through technology. The company aims to empower organizations with tools for improved productivity and creativity in the workplace.Mazrica generates revenue through a subscription model for its cloud applications, allowing businesses to continuously access their sales enablement tools. Clients are required to enter into contractual agreements defining the service terms, including subscription duration and fees for additional features. The pricing structure offers different tiers catering to a range of organizational sizes and needs, ensuring that both small businesses and larger enterprises can benefit from their offerings. Key products, like the AI-driven sales platform, are integral to the company's revenue strategy, facilitating enhanced customer engagement and operational effectiveness for clients.In May 2023, Mazrica Inc. raised JPY 325 million in debt financing as part of a larger JPY 1 billion equity and debt financing. The funds will be utilized for marketing and recruitment efforts. The company is focused on designing and launching new products to enhance its service offerings as well as plans for expansion into new markets, particularly targeting regions beyond Japan. The specifics of these expansion plans and timelines are currently under development.

## Funding rounds

- Series B, Sep 13, 2019, $3.4M — SMBC Venture Capital, DNX Ventures, NTT DOCOMO Ventures, Iyogin Capital
- Series A, Aug 21, 2017, $1.2M — DNX Ventures, Nissay Capital, Archetype Ventures
- Seed, Apr 13, 2016, $0.5M — DNX Ventures, Archetype Ventures

## Investors

- DNX Ventures (https://capitalatlas.ai/funds/dnx-ventures) — Seed, Series A, Series B
- Archetype Ventures (https://capitalatlas.ai/funds/archetype-ventures) — Seed, Series A
- Nissay Capital (https://capitalatlas.ai/funds/nissay-capital) — Series A
- SMBC Venture Capital (https://capitalatlas.ai/funds/smbc-venture-capital) — Series B
- NTT DOCOMO Ventures (https://capitalatlas.ai/funds/ntt-docomo-ventures) — Series B
- Iyogin Capital (https://capitalatlas.ai/funds/iyogin-capital) — Series B
