# OLTA

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

- Industry: Financial Services
- Headquarters: Tokyo, Japan
- Website: www.olta.co.jp
- Total disclosed funding: $4.4M
- Latest round: Series B (Jun 21, 2023)
- Investors on record: 15

## About

Based in Japan, OLTA develops innovative cloud-based factoring solutions that enhance cash flow for businesses, focusing on individual entrepreneurs and SMEs to streamline financing through an efficient online platform.Founded in 2017, OLTA Inc. is a Tokyo-based company that specializes in cloud-based factoring services. The company has engaged in 7 deals as of June 21, 2023, and recently raised JPY 631 million in a VENTURE DEBT funding round, bringing their total amount raised to JPY 631 million. The founder's history does not appear to be publicly available.OLTA Inc. offers a cloud-based factoring service designed to enhance cash flow for businesses, especially individual entrepreneurs and small to medium-sized enterprises (SMEs). Their primary service enables users to convert outstanding invoices into immediate cash, providing a non-debt financing avenue. The online platform streamlines the factoring process, allowing transactions to be completed without in-person interactions. OLTA's services require no collateral or personal guarantees and maintain discretion by not notifying the customers involved. The company serves a diverse array of industries, including manufacturing, interior design, retail, and food production.OLTA generates revenue from its factoring service by charging a fee based on a percentage of the invoice amount sold, typically ranging from 2% to 9%. For instance, if a small business sells an invoice worth JPY 1 million to OLTA, the company transfers a specified amount to the business while retaining a service fee calculated from the total invoice value. This establishes a B2B transaction model where OLTA collaborates with businesses to provide immediate liquidity without the encumbrance of traditional loans. Utilizing advanced AI technology for credit assessments, OLTA ensures a swift evaluation of invoices, facilitating rapid processing and funding that is particularly advantageous for businesses facing short-term cash flow challenges.In June 2023, OLTA Inc. secured JPY 631 million in funding from a mix of new and returning investors. The company plans to utilize these funds for growth investment, financial improvement, and recruitment. Future initiatives include the design and launch of new products, as well as plans for market expansion beyond Japan, targeting various regions. Specific details regarding the timelines for these expansions and new product releases have not been disclosed.

## Funding rounds

- Series B, Jun 21, 2023, $4.4M — AG Capital, DG Ventures, SBI Investment, Spiral Capital, Tottori Capital, Shokou, Aozora Corporate Investment, JCB, TIS, Delight Ventures, NOBUNAGA Capital Village, Yamauchi-No.10 Family Office, BIG Impact, THE OKAZAKI SHINKIN BANK, WingArc1st Inc.

## Investors

- AG Capital — Series B
- DG Ventures (https://capitalatlas.ai/funds/dg-ventures) — Series B
- SBI Investment (https://capitalatlas.ai/funds/sbi-investment) — Series B
- Spiral Capital (https://capitalatlas.ai/funds/spiral-capital) — Series B
- Tottori Capital (https://capitalatlas.ai/funds/tottori-capital) — Series B
- Shokou (https://capitalatlas.ai/funds/shokou) — Series B
- Aozora Corporate Investment (https://capitalatlas.ai/funds/aozora-corporate-investment) — Series B
- JCB — Series B
- TIS — Series B
- Delight Ventures (https://capitalatlas.ai/funds/delight-ventures) — Series B
- NOBUNAGA Capital Village (https://capitalatlas.ai/funds/nobunaga-capital-village) — Series B
- Yamauchi-No.10 Family Office — Series B
- BIG Impact (https://capitalatlas.ai/funds/big-impact) — Series B
- THE OKAZAKI SHINKIN BANK — Series B
- WingArc1st Inc. — Series B