OTOBANK
Latest round
- Series A
Last raised
- Nov 2018
Total raised
- $2.1M
Investors
- 5
About OTOBANK
Based in Japan, OTOBANK Inc.Founded in 2004 and headquartered in Tokyo, Japan, OTOBANK Inc. is dedicated to the production and distribution of audio content, particularly audiobooks.OTOBANK Inc.jp, which is one of Japan's largest audiobook distribution services. The company's core offerings include the production and distribution of audiobooks, branded podcast creation, and various services aimed at enhancing auditory experiences, such as corporate audio services and library partnerships.jp allows users to access a diverse library of audiobooks, catering to a broad clientele that includes business professionals, seniors, and parents. Additionally, OTOBANK invests in initiatives to promote reading accessibility, such as projects targeting individuals with dyslexia.jp, which allows users to access a wide range of audiobooks for a monthly fee. The company also engages in B2B transactions by providing custom audio solutions, including branded podcast production and corporate audio services, to businesses and organizations. The revenue structure includes partnerships with libraries, schools, and corporations, facilitating the distribution of audiobooks and other audio content. This multifaceted approach ensures that OTOBANK serves both individual consumers and institutional clients, thus creating a robust financial ecosystem around its audio services.In April 2023, OTOBANK Inc. Specific upcoming initiatives include the launch of new audio content projects aimed at increasing user engagement and accessibility. OTOBANK aims to explore geographic expansion, particularly targeting markets beyond Japan, although specific regions have yet to be detailed.
Who invested in OTOBANK
5 investors across 1 round
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Funding rounds
Series A
Nov 27, 2018
Amount
$2.1M
Investors
Questions about OTOBANK
Who invested in OTOBANK?
OTOBANK has 5 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has OTOBANK raised?
OTOBANK has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did OTOBANK last raise money?
OTOBANK's most recent round on record is a Series A, in Nov 2018.
What does OTOBANK do?
OTOBANK is a media company.
Where is OTOBANK headquartered?
OTOBANK is headquartered in Tokyo, Japan.
Which VCs invest in companies like OTOBANK?
Among active investors with capital left to deploy, Boc Private Equity Firm, Zijin Venture Capital, Legend Capital and Source Code Capital back media companies at OTOBANK's stage. Their profiles are linked below.
VCs backing media startups at Series A
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