# Okan

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

- Industry: Consumer Services
- Headquarters: Tokyo, Japan
- Website: https://okan.co.jp
- Total disclosed funding: $9.6M
- Latest round: Series D (Sep 30, 2020)
- Investors on record: 8

## About

Okan Inc. is a Tokyo-based technology company that specializes in providing advanced software solutions designed to enhance operational efficiencies for diverse industries and clients.Founded in 2012 in Tokyo, Japan, Okan Inc. focuses on developing software solutions to optimize business processes. The firm has made five deals, with its most recent funding round occurring on September 30, 2020. Okan Inc. raised JPY 342 million in VENTURE DEBT funding, adding to its total raised amount of JPY 342 million. The company was founded by Anne de Septenville and Miguel Díaz, with Miguel also serving as CEO of Okan Africa.Okan Inc. specializes in advanced technological solutions, offering a suite of core products aimed at optimizing operational efficiencies across various industries. Their flagship offerings include software applications that streamline processes, enhance data analytics, and improve decision-making. The company caters to both public sector organizations and private enterprises, addressing critical needs in workflow automation, data integration, and real-time reporting. Their solutions are designed for ease of use and adaptability, enhancing productivity within client organizations.Okan Inc.'s revenue model is built around a subscription framework that allows clients to access software solutions on a recurring basis. Clients typically engage in annual contracts, which include updates and customer support. The company also partners with resellers and system integrators to expand its market reach. Revenue is generated through proprietary software licenses, with client payments based on user counts or data processing volume, ensuring predictable revenue streams through subscription agreements.Following the recent funding round in September 2020, which raised JPY 342 million from investors including iPLAB Startups, Global Brain, and Z Venture Capital, Okan Inc. plans to bolster the development of its stationary company "Office Okan" and its human resources retention support service "Heidi." The funding will also support structural improvements to minimize unwanted turnover. Okan Inc. is targeting further expansion into Asian and North American markets, with specific product launches aimed at enhancing operational efficiencies planned for the upcoming years.

## Funding rounds

- Series D, Sep 30, 2020, $3.3M — Global Brain, Z Venture Capital, One ip
- Series C, Aug 7, 2018, $6.3M — Rakuten Group, Inc., SMBC Venture Capital, Global Brain, Mizuho Capital, Z Venture Capital
- Seed, Jun 5, 2014 — CyberAgent Capital, Oisix ra daichi

## Investors

- CyberAgent Capital (https://capitalatlas.ai/funds/cyberagent-capital) — Seed
- Oisix ra daichi — Seed
- Rakuten Group, Inc. — Series C
- SMBC Venture Capital (https://capitalatlas.ai/funds/smbc-venture-capital) — Series C
- Global Brain (https://capitalatlas.ai/funds/global-brain) — Series C, Series D
- Mizuho Capital (https://capitalatlas.ai/funds/mizuho-capital) — Series C
- Z Venture Capital (https://capitalatlas.ai/funds/z-venture-capital) — Series C, Series D
- One ip — Series D