# Mikatus

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

- Industry: Software
- Headquarters: Tokyo, Japan
- Website: www.mikatus.com
- Total disclosed funding: $14M
- Latest round: Series C (Dec 6, 2016)
- Investors on record: 9

## About

Based in Tokyo, Japan, Mikatus Inc., formerly known as Accounting SaaS Japan Co., Ltd., is a provider of software solutions for Japanese accounting firms.

Founded in 2009, the company started the cloud-based tax, accounting, and payroll system business as "Accounting SaaS Japan Co., Ltd.". The main product "A-SaaS" Beta Version is released in 2010 and the product is officially released in 2011. The company is elected as the "Next Unicorn" in Japan in both 2017 and 2018, with a valuation predicted to be over USD 1 billion. In 2019, the company was renamed Mikatus Inc. In the same year, another product called "Cash is king" is released for SMEs to manage their cash flow and financial invoices. 

The company's main product is "A-SaaS",  a cloud-based tax, accounting, and payroll software system that specializes in tax accountants and SME users. 

"A-SaaS" can help users to complete electronic tax filing, and allow real-time data sharing among advisors and accountants. The platform also provides different layouts for payroll services.

The management index system "YOSOD" can gather data from all the accountant users and provide an analysis of the KPIs of different firms. 

"Cash is king" is a product targeted at SME users for them to manage invoices, financial charts, and sales reports, to predict the company's future cash flow.

As of January 2021, the company's revenue is JPY 675 million.

## Funding rounds

- Series C, Dec 6, 2016, $2.5M — AG Capital, Arbor Ventures, Eight Roads Ventures Japan (Inactive)
- Series B, Nov 24, 2014, $8.7M — Mobile Internet Capital, Eight Roads Ventures, Arbor Ventures, i Mercury Capital
- Series A, May 9, 2014, $2.9M — Mobile Internet Capital, SMBC Venture Capital, STRIVE, OPT

## Investors

- Mobile Internet Capital (https://capitalatlas.ai/funds/mobile-internet-capital) — Series A, Series B
- SMBC Venture Capital (https://capitalatlas.ai/funds/smbc-venture-capital) — Series A
- STRIVE (https://capitalatlas.ai/funds/strive) — Series A
- OPT — Series A
- Eight Roads Ventures (https://capitalatlas.ai/funds/eight-roads-ventures) — Series B
- Arbor Ventures (https://capitalatlas.ai/funds/arbor-ventures) — Series B, Series C
- i Mercury Capital (https://capitalatlas.ai/funds/i-mercury-capital) — Series B
- AG Capital — Series C
- Eight Roads Ventures Japan (Inactive) — Series C