# MINNANO MARKET K.K.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/minnano-market-k-k

- Industry: Internet
- Headquarters: Tokyo, Japan
- Website: www.minma.jp
- Total disclosed funding: $34M
- Latest round: Series C (Nov 1, 2019)
- Investors on record: 4

## About

MINNANO MARKET K.K. operates an online marketplace that connects users with various service providers for home maintenance and improvement, ensuring convenient access to essential services.Founded in 2011 in Tokyo, Japan, MINNANO MARKET K.K. focuses on providing an online platform for everyday living services. The company has undergone strategic pivots to enhance its service offerings. It was co-founded by Madalena Oliveira e Costa and Yusuke Hamano. In January 2020, the company raised JPY 300 million in a VENTURE DEBT round from Japan Finance Corporation, contributing to a total amount raised of JPY 3,700 million.MINNANO MARKET K.K. operates the "?????????" online marketplace, which specializes in everyday living services including air conditioning cleaning, house cleaning, waste collection, home repair, and renovation. The platform allows users to compare service providers based on reviews and pricing, catering primarily to homeowners and renters in urban areas of Japan, facilitating informed decision-making and efficient booking processes.In the most recent year, 2019, MINNANO MARKET K.K. reported revenues of JPY 12,149,415. Revenue is generated through service transactions on its platform, where fees are negotiated directly between clients and service providers, with a portion retained by the company as commission.Following the recent VENTURE DEBT financing of JPY 300 million in January 2020, which is part of a larger JPY 4 billion equity and debt financing, MINNANO MARKET K.K. plans to enhance its platform by expanding its service offerings and exploring potential market expansion into other regions of Japan. This growth strategy aims to leverage the newly acquired funds to support product development and market outreach initiatives.

## Funding rounds

- Series C, Nov 1, 2019, $34M — Globis Capital Partners, Nissay Capital, Sony Innovation Fund, ZENRIN DataCom

## Investors

- Globis Capital Partners (https://capitalatlas.ai/funds/globis-capital-partners) — Series C
- Nissay Capital (https://capitalatlas.ai/funds/nissay-capital) — Series C
- Sony Innovation Fund (https://capitalatlas.ai/funds/sony-innovation-fund) — Series C
- ZENRIN DataCom — Series C
