# Paronym

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

- Industry: Software
- Headquarters: Tokyo, Japan
- Website: www.paronym.jp
- Total disclosed funding: $5.4M
- Latest round: Series B (Mar 19, 2024)
- Investors on record: 4

## About

Based in Tokyo, Japan, and founded in 2016, Paronym Inc. develops video technology that offers solutions that allow users to access information. In August 2024, Paronym Inc. raised JPY 500 million in venture funding from 100 Capital.

Paronym has developed Tig, a next-generation interactive video technology that enhances the user experience and streamlines information retrieval. The company offers two primary models for utilizing Tig: a SaaS model for uploading and managing Tig-edited videos through a CMS, and an Enterprise model that provides SDKs, plugins, and customizations for integrating Tig technology into client applications and web pages.

The company plans to use its proceeds from August 2024 funding to strengthen the recruitment of personnel and strengthen marketing and development of Tig AI and Tig media platforms.

## Funding rounds

- Series B, Mar 19, 2024, $3M — Global Hands-On VC, Sobal Corporation
- Series B, Sep 17, 2019, $2.4M — NTT DOCOMO Ventures, Japan Post Capital

## Investors

- NTT DOCOMO Ventures (https://capitalatlas.ai/funds/ntt-docomo-ventures) — Series B
- Japan Post Capital (https://capitalatlas.ai/funds/japan-post-capital) — Series B
- Global Hands-On VC (https://capitalatlas.ai/funds/global-hands-on-vc) — Series B
- Sobal Corporation — Series B