# no new folk studio

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/no-new-folk-studio

- Industry: Consumer Products
- Headquarters: Tokyo, Japan
- Website: www.orphe.io/
- Total disclosed funding: $2.2M
- Latest round: Series A (Feb 26, 2019)
- Investors on record: 4

## About

no new folk studio Inc. is a company focused on providing innovative solutions to enhance operational efficiency across various sectors, primarily targeting businesses of all sizes seeking to optimize their processes.Founded in 2014, no new folk studio Inc. operates out of Tokyo, Japan, specializing in innovative solutions for business efficiency. The company has completed three deals, with its most recent funding round being a Series A totaling JPY 250.000 mn, raised on January 8, 2020, from investors including MTG Ventures, Mistletoe, Mitsubishi UFJ Trust and Banking, and Monozukuri Ventures.The core product offerings of the company encompass a suite of innovative solutions aimed at addressing specific industry challenges. These products are designed to facilitate efficiency and enhance user experience across various sectors. The company primarily targets businesses seeking to optimize their operations through these specialized offerings. End users include small to medium-sized enterprises and large corporations that require scalable solutions tailored to their operational needs. Geographically, the company's products are marketed in North America, Europe, and select regions in Asia, where they have garnered a diverse client base looking for reliable and effective tools to improve productivity and performance.Revenue generation for the company primarily occurs through a subscription-based model, allowing clients to access their flagship services on a tiered pricing structure. This model enables businesses to select plans that align with their operational requirements and budget constraints. Transactions typically involve annual or monthly billing cycles, ensuring a steady revenue stream. The company also engages in B2B partnerships, collaborating with distributors and wholesalers to enhance product availability in various markets. This strategic approach not only broadens their reach but also fosters strong relationships within the industry, contributing to consistent financial performance.In 2020, no new folk studio Inc. raised JPY 250.000 mn in a Series A funding round, which is expected to support the development of new products aimed at enhancing their service offerings. The company plans to expand its market presence in Europe and select regions in Asia by the end of 2022, utilizing the recent funding to bolster marketing and operational capabilities. These initiatives are designed to capture a larger share of the market and introduce innovative solutions tailored to evolving customer needs.

## Funding rounds

- Series A, Feb 26, 2019, $2.2M — Mitsubishi UFJ Trust and Banking, Mistletoe, Monozukuri Ventures, MTG Ventures

## Investors

- Mitsubishi UFJ Trust and Banking (https://capitalatlas.ai/funds/mitsubishi-ufj-trust-and-banking) — Series A
- Mistletoe (https://capitalatlas.ai/funds/mistletoe) — Series A
- Monozukuri Ventures (https://capitalatlas.ai/funds/monozukuri-ventures) — Series A
- MTG Ventures (https://capitalatlas.ai/funds/mtg-ventures) — Series A