# neton

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

- Industry: Software
- Headquarters: Osaka-shi, Japan
- Website: www.neton.co.jp
- Total disclosed funding: $6M
- Latest round: Series C (May 6, 2022)
- Investors on record: 20

## About

Based in Osaka-shi, Japan, neton, Inc. specializes in recruitment web marketing services that enhance hiring processes and optimize applicant attraction for businesses across various sectors.Founded in 2004 in Osaka-shi, Japan, neton, Inc. provides recruitment web marketing solutions. The company has successfully raised funds through three deals, with the latest being a Series C round in May 2022, securing JPY 360 million from notable investors such as AG Capital and Airtrip Corp. The company has not undergone any major strategic pivots or changes in operations since its inception.Neton focuses on recruitment web marketing services that enable companies to enhance their hiring processes and attract more applicants. Their primary offerings include the creation of bespoke recruitment websites at no cost to the client, allowing for the management of applicant information and recruitment status across multiple roles and locations. Additionally, Neton provides operational support for listings on Indeed, Japan's largest job search platform, improving visibility and engagement for organizations facing challenges in attracting talent. The company's services are tailored for businesses across various sectors that struggle with low applicant rates and seek effective solutions to streamline their recruitment efforts. While primarily serving clients in Japan, the company's innovative web marketing solutions are designed to cater to diverse industries, enhancing recruitment efficiency nationwide.Neton's revenue model is structured around service-based transactions with its clients, primarily involving the creation and management of recruitment websites and the operation of job postings on platforms like Indeed. Clients benefit from a subscription-based service that encompasses ongoing support and analytics, ensuring their recruitment strategies are continuously optimized. The transactional structure typically includes partnerships with businesses, where Neton charges fees based on the services rendered, rather than a one-time payment model. Specific pricing plans for individual services are aligned with the needs of the client, reflecting the level of service and complexity involved in the recruitment marketing strategies employed.In May 2022, neton, Inc. raised JPY 360 million in Series C funding to enhance the functions of its cloud-based recruitment site creation tool. The company aims to develop new products that will further streamline recruitment processes for clients. Plans for geographic expansion include targeting additional markets within Asia by the end of 2023, leveraging the recent funding to support product development and market entry strategies.

## Funding rounds

- Series C, May 6, 2022, $2.8M — Daiwa Corporate Investment, AG Capital, Tokai Tokyo Investment, All About, Inc., Digital Advertising Consortium, Chatwork Co., Ltd., SAKURA internet Inc., Airtrip Corp., PE&HR, BG Ventures, Carta Ventures, NCB Venture Capital
- Series B, Nov 2, 2019, $2.3M — Daiwa Corporate Investment, Mitsubishi UFJ Capital, SMBC Venture Capital, Mizuho Capital, Shizuoka Capital, MIRAIDOOR, Asahi Media Lab Ventures, Graduate School of Management, Globis University, Nanto Lease
- Series A, Jun 6, 2018, $0.9M — Daiwa Corporate Investment

## Investors

- Daiwa Corporate Investment (https://capitalatlas.ai/funds/daiwa-corporate-investment) — Series A, Series B, Series C
- Mitsubishi UFJ Capital (https://capitalatlas.ai/funds/mitsubishi-ufj-capital) — Series B
- SMBC Venture Capital (https://capitalatlas.ai/funds/smbc-venture-capital) — Series B
- Mizuho Capital (https://capitalatlas.ai/funds/mizuho-capital) — Series B
- Shizuoka Capital (https://capitalatlas.ai/funds/shizuoka-capital) — Series B
- MIRAIDOOR (https://capitalatlas.ai/funds/miraidoor) — Series B
- Asahi Media Lab Ventures (https://capitalatlas.ai/funds/asahi-media-lab-ventures) — Series B
- Graduate School of Management, Globis University (https://capitalatlas.ai/funds/graduate-school-of-management-globis-university) — Series B
- Nanto Lease (https://capitalatlas.ai/funds/nanto-lease) — Series B
- AG Capital — Series C
- Tokai Tokyo Investment (https://capitalatlas.ai/funds/tokai-tokyo-investment) — Series C
- All About, Inc. — Series C
- Digital Advertising Consortium — Series C
- Chatwork Co., Ltd. — Series C
- SAKURA internet Inc. — Series C
- Airtrip Corp. — Series C
- PE&HR (https://capitalatlas.ai/funds/pe-hr) — Series C
- BG Ventures — Series C
- Carta Ventures (https://capitalatlas.ai/funds/carta-ventures) — Series C
- NCB Venture Capital (https://capitalatlas.ai/funds/ncb-venture-capital) — Series C