# OPEN8

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/open8

- Industry: Software
- Headquarters: Tokyo, Japan
- Website: https://open8.com
- Total disclosed funding: $61M
- Latest round: Series D (Jan 22, 2024)
- Investors on record: 9

## About

Founded in 2015 and based in Tokyo, Japan, OPEN8 Inc. operates as a provider of software solutions to help businesses create, edit, and stream videos used in employee training and company branding. In January 2024, OPEN8 Inc. raised JPY 8 billion in Series D funding from Mitsubishi UFJ Capital, Aidma Holdings Inc., Shizuoka Capital, Quantum Leaps Capital Partners, and H.I.S. Co., Ltd., with participation from Japan Post Investment Corporation. Some of the firm’s customers include Alpen Group, Konami Sports Club, Color and Comfort, Daiwa Living, etc. OPEN8 Inc. provides a range of services to improve corporate communication and human capital management. Video BRAIN supports digital transformation by addressing communication issues through video production, distribution, and analysis. Open BRAIN is a cloud-based platform for managing employee development content, business standardization materials, and internal content to improve engagement and streamline internal communication. Insight BRAIN aids in analyzing social media distribution and managing relevant creative content.  The company intends to use the January 2024 funding to invest in its generative AI technology, develop more products, and improve its marketing.

## Funding rounds

- Series D, Jan 22, 2024, $54M — Shizuoka Capital, H.I.S. Co.,Ltd., Quantum Leaps Capital Partners, Aidma Holdings Inc., Kanpo Next Partners
- Series A, Oct 28, 2015, $6.6M — JAFCO Group, TBS Innovation Partners, Excite Japan, iSGS Investment Works

## Investors

- JAFCO Group (https://capitalatlas.ai/funds/jafco-group) — Series A
- TBS Innovation Partners (https://capitalatlas.ai/funds/tbs-innovation-partners) — Series A
- Excite Japan — Series A
- iSGS Investment Works (https://capitalatlas.ai/funds/isgs-investment-works) — Series A
- Shizuoka Capital (https://capitalatlas.ai/funds/shizuoka-capital) — Series D
- H.I.S. Co.,Ltd. — Series D
- Quantum Leaps Capital Partners (https://capitalatlas.ai/funds/quantum-leaps-capital-partners) — Series D
- Aidma Holdings Inc. — Series D
- Kanpo Next Partners (https://capitalatlas.ai/funds/kanpo-next-partners) — Series D